What does Preamble of Boosting Housing Supply through Small Businesses Act of 2026 do?

This bill aims to require interagency coordination to support housing industry businesses. The bill's purpose is 'to require interagency coordination to support housing industry businesses, and for other purposes.'

What does SHORT TITLE. of Boosting Housing Supply through Small Businesses Act of 2026 do?

This bill is formally titled the Boosting Housing Supply through Small Businesses Act of 2026.

What does DEFINITIONS. of Boosting Housing Supply through Small Businesses Act of 2026 do?

This section defines terms used within the Act. The term 'Administration' and 'Administrator' refer to the Small Business Administration and its Administrator. ‘Appropriate congressional committees’ are specified as the Senate Committee on Small Business and Entrepreneurship, the Senate Committee on Banking, Housing, and Urban Affairs, the House Committee on Small Business, and the House Committee on Financial Services. The term 'Department' refers to the Department of Housing and Urban Development. A 'housing industry small business' is defined as a small business concern contributing to housing supply and affordability, including builders, developers, contractors, property managers, startups, and home improvement businesses. The term 'Secretary' refers to the Secretary of Housing and Urban Development. The definitions of 'small business concern' and 'small business development center' are those found in section 3 of the Small Business Act (15 U.S.C. 632).

What does FINDINGS. of Boosting Housing Supply through Small Businesses Act of 2026 do?

This section establishes findings related to the housing industry. Congress recognizes a mutual interest between the Administration and the Department in supporting small businesses within the housing industry. There is a recognized shortage of affordable and quality housing in the United States. The majority of American homebuilders and specialty contractors are small businesses. Housing industry small businesses are considered to play a significant role in increasing housing supply.

What does INTERAGENCY COORDINATION TO SUPPORT HOUSING INDUSTRY of Boosting Housing Supply through Small Businesses Act of 2026 do?

This section establishes interagency coordination between the Administrator and the Secretary to support housing industry small businesses. The coordination aims to expand access to capital, streamline technical assistance, increase awareness of programs, and reduce barriers to starting and growing these businesses. Within 180 days of enactment, an interagency plan must be developed and publicly available. The plan will examine gaps in financial and technical assistance, propose reforms to expand access to loans, and identify new programming tailored to housing industry small businesses. The plan will also address information sharing, coordinated support with resource partners (like small business development centers), and opportunities to support housing industry startups and innovation. Development of the plan requires partnership with state and local governments, housing industry small businesses, resource partners, and community/nonprofit organizations.

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Boosting Housing Supply through Small Businesses Act of 2026

Last updated: 3/26/2026 · Introduced: 3/26/2026

Author: Jacky Rosen (D-NV)

TL;DR (AI)

The bill requires the Small Business Administration and the Department of Housing and Urban Development to coordinate efforts to support housing industry small businesses.
Within 180 days of enactment, these agencies must develop and publicly release a plan to address gaps in financial and technical assistance for these businesses.
The plan will involve partnerships with state and local governments, housing industry businesses, and community organizations to expand access to resources and support innovation.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 3 more.

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