What does Preamble of Housing Supply Fund Act of 2026 do?

This bill is formally titled 'To increase the supply of affordable homes and expand housing options.' The bill was introduced in the House of Representatives on June 11, 2026, by Ms. Brown.

What does SHORT TITLE. of Housing Supply Fund Act of 2026 do?

This bill is formally titled the Housing Supply Fund Act of 2026.

What does HOUSING SUPPLY FUND. of Housing Supply Fund Act of 2026 do?

This section establishes a Housing Supply Fund within the Community Development Financial Institutions (CDFI) Fund. The Secretary of the Treasury shall make competitive grants to eligible grantees to increase investment in affordable housing development, preservation, rehabilitation, financing, or purchase. Eligible grantees include community development financial institutions, nonprofit organizations focused on affordable housing, and consortia of these entities. Funds may be used for loan loss reserves, revolving loan funds, affordable housing funds, and other activities supporting affordable housing. Applications for grants require a detailed description of the proposed use of funds and the applicant's qualifications. The Secretary will seek to fund activities in geographically diverse areas. From fiscal years 2026 through 2030, $500,000,000 is appropriated annually to carry out this section. Grant amounts must be committed for use within four years, with potential waivers by the Secretary.

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Housing Supply Fund Act of 2026

Last updated: 6/11/2026 · Introduced: 6/11/2026

Author: Shontel Brown (D-OH)

TL;DR (AI)

This bill creates a Housing Supply Fund within the CDFI Fund to provide grants for affordable housing development and preservation.
The bill allocates $500 million annually from fiscal years 2026 through 2030 to fund grants for community development financial institutions and related organizations.
Eligible grant recipients must demonstrate how funds will be used to support affordable housing initiatives and commit to using the funds within four years.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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