Community Housing Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Community Housing Act of 2026 aims to address the housing crisis by increasing affordable housing supply, providing rental support, and promoting homeownership, particularly in rural areas. It proposes significant investments in housing trust funds, GSE fees, and community land trusts, alongside reforms to streamline land use regulations and expand access to low-cost financing. The bill also includes provisions to protect renters and support rural housing initiatives.
Key provisions
- Increases funding for the Housing Trust Fund and the Capital Magnet Fund.
- Establishes a new Unlocking Possibilities Program to support community land trusts and housing planning.
- Reforms the Faircloth Amendment to allow public housing agencies to increase their housing units.
- Creates an Office of Community Land Use and Zoning to address restrictive land use regulations.
- Provides rental assistance and downpayment assistance for rural homeowners.
- Expands the Rural Housing Service’s housing preservation and revitalization program.
- Includes provisions for shared equity housing resources and a tax on secondary homes.
- Modernizes the Historic Tax Credit program to allow for greater flexibility in residential development.
Who is affected
- Low- and moderate-income renters
- Homeowners
- State and local housing finance agencies
- Nonprofit organizations
Bill text
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Sponsors
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17 on record
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Cosponsors
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