No official summary available for this bill.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6771 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 6771
To facilitate the development of fair and affordable housing, decrease
housing costs, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 17, 2025
Ms. Waters introduced the following bill; which was referred to the
Committee on Appropriations, and in addition to the Committee on
Financial Services, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall
within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To facilitate the development of fair and affordable housing, decrease
housing costs, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Housing Crisis
Response Act of 2025''.
(b) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title; table of contents.
TITLE I--CREATING AND PRESERVING AFFORDABLE, EQUITABLE, AND ACCESSIBLE
HOUSING FOR THE 21ST CENTURY
Sec. 101. Public housing investments.
Sec. 102. Investments in affordable and accessible housing production.
Sec. 103. Housing investment fund.
Sec. 104. Section 811 supportive housing for people with disabilities.
Sec. 105. Section 202 supportive housing for the elderly program.
Sec. 106. Improving energy efficiency or water efficiency or climate
resilience of affordable housing.
Sec. 107. Revitalization of distressed multifamily properties.
Sec. 108. Investments in rural rental housing.
Sec. 109. Housing vouchers.
Sec. 110. Project-based rental assistance.
Sec. 111. Investments in Native American Communities.
Sec. 112. Increased affordable housing program investment.
Sec. 113. Promoting housing accessibility and visitability.
TITLE II--21ST CENTURY SUSTAINABLE AND EQUITABLE COMMUNITIES
Sec. 201. Community development block grant funding for affordable
housing and infrastructure.
Sec. 202. Lead-based paint hazard control and housing-related health
and safety hazard mitigation in housing of
families with lower incomes.
Sec. 203. Unlocking possibilities program.
Sec. 204. Strengthening resilience under national flood insurance
program.
Sec. 205. Community Restoration and Revitalization Fund.
Sec. 206. Fair housing activities and investigations.
Sec. 207. Intergovernmental fair housing activities and investigations.
TITLE III--HOMEOWNERSHIP INVESTMENTS
Sec. 301. First-Generation Downpayment Assistance.
Sec. 302. Home loan program.
Sec. 303. HUD-insured small dollar mortgage demonstration program.
Sec. 304. Investments in rural homeownership.
TITLE IV--HUD ADMINISTRATION, CAPACITY BUILDING, TECHNICAL ASSISTANCE,
AND AGENCY OVERSIGHT
Sec. 401. Program administration, training, technical assistance,
capacity building, and oversight.
Sec. 402. Community-led capacity building.
TITLE I--CREATING AND PRESERVING AFFORDABLE, EQUITABLE, AND ACCESSIBLE
HOUSING FOR THE 21ST CENTURY
SEC. 101. PUBLIC HOUSING INVESTMENTS.
(a) Appropriation.--In addition to amounts otherwise made
available, there is appropriated to the Secretary of Housing and Urban
Development (in this section referred to as the ``Secretary'') for
fiscal year 2026, out of any money in the Treasury not otherwise
appropriated--
(1) $10,000,000,000, to remain available until September
30, 2033, for the Capital Fund under section 9(d) of the United
States Housing Act of 1937 (42 U.S.C. 1437g(d)) pursuant to the
same formula as in fiscal year 2021, to be made available
within 60 days of the date of the enactment of this Act;
(2) $53,000,000,000, to remain available until September
30, 2028, for eligible activities under section 9(d)(1) of the
United States Housing Act of 1937 (42 U.S.C. 1437g(d)(1)) for
priority investments as determined by the Secretary to repair,
replace, or construct properties assisted under such section 9;
(3) $1,200,000,000, to remain available until September 30,
2028, for competitive grants under section 24 of the United
States Housing Act of 1937 (42 U.S.C. 1437v) (in this section
referred to as ``section 24''), under the terms and conditions
in subsection (b), for transformation, rehabilitation, and
replacement housing needs of public and assisted housing, and
to transform neighborhoods of poverty into functioning,
sustainable mixed-income neighborhoods;
(4) $750,000,000, to remain available until September 30,
2033, for the costs to the Secretary of administering and
overseeing the implementation of this section and the Public
Housing Capital Fund and the section 24 grant program
generally, including information technology, financial
reporting, research and evaluation, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs; and
(5) $50,000,000, to remain available until September 30,
2033, to make new awards or increase prior awards to existing
technical assistance providers to provide an increase in
capacity building and technical assistance available to
entities eligible for funding for activities or projects
consistent with this section.
(b) Terms and Conditions for Section 24 Grants.--Grants awarded
under subsection (a)(3) shall be subject to terms and conditions
determined by the Secretary, which shall include the following:
(1) Use.--Grant funds may be used for resident and
community services, community development and revitalization,
and affordable housing needs in the community.
(2) Applicants.--Eligible recipients of grants shall
include lead applicants and joint applicants, as follows:
(A) Lead applicants.--A lead applicant shall be a
local government, a public housing agency, or an owner
of an assisted housing property.
(B) Joint applicants.--A nonprofit organization or
a for-profit developer may apply jointly as a joint
applicant with such public entities specified in
subparagraph (A). A local government must be a joint
applicant with an owner of an assisted housing property
specified in subparagraph (A).
(3) Period of affordability.--Grantees shall commit to a
period of affordability determined by the Secretary of not
fewer than 20 years, but the Secretary may specify a period of
affordability that is fewer than 20 years with respect to
homeownership units developed with section 24 grants.
(4) Environmental review.--For purposes of environmental
review, a grantee shall be treated as a public housing agency
under section 26 of the United States Housing Act of 1937 (42
U.S.C. 1437x).
(5) Low-income and affordable housing.--Amounts made
available under this section shall be used for low-income
housing (as such term is defined under section 3(b) of the
United States Housing Act of 1937 (42 U.S.C. 1437a(b))), HUD-
assisted housing, and affordable housing, which shall be
housing for which the owner of the project shall record an
affordability use restriction approved by the Secretary for
households earning up to 120 percent of the area median income
and is subject to the period of affordability under paragraph
(3) of this subsection.
(c) Other Terms and Conditions.--Grants awarded under this section
shall be subject to the following terms and conditions:
(1) Limitation.--Amounts provided pursuant to this section
may not be used for operating costs or rental assistance.
(2) Development of new units.--Paragraph (3) of section
9(g) of the United States Housing Act of 1937 (42 U.S.C.
1437g(g)(3)) shall not apply to new funds made available under
this section.
(3) Health and safety.--Amounts made available under this
section shall be used to address health, safety, and
environmental hazards, including lead, fire, carbon monoxide,
mold, asbestos, radon, pest infestation, and other hazards as
defined by the Secretary.
(4) Energy efficiency and resilience.--Amounts made
available under this section shall advance improvements to
energy and water efficiency or climate and disaster resilience
in housing assisted under this section.
(5) Recapture.--If the Secretary recaptures funding
allocated by formula from a public housing agency under
subsection (a)(1), such recaptured amounts shall be added to
the amounts available under subsection (a)(2), and shall be
obligated by the Secretary prior to the expiration of such
funds.
(6) Supplementation of funds.--The Secretary shall ensure
that amounts provided pursuant to this section shall serve to
supplement and not supplant other amounts generated by a
recipient of such amounts or amounts provided by other Federal,
State, or local sources.
(d) Implementation.--The Secretary shall have authority to issue
such regulations or notices, or other guidance, forms, instructions,
and publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 102. INVESTMENTS IN AFFORDABLE AND ACCESSIBLE HOUSING PRODUCTION.
(a) Appropriation.--In addition to amounts otherwise made
available, there is appropriated to the Secretary of Housing and Urban
Development (in this section referred to as the ``Secretary'') for
fiscal year 2026, out of any money in the Treasury not otherwise
appropriated--
(1) $9,925,000,000, to remain available until September 30,
2028, for activities and assistance for the HOME Investment
Partnerships Program (in this section referred to as the ``HOME
program''), as authorized under sections 241 through 242, 244
through 253, 255 through 256, and 281 through 290 of the
Cranston-Gonzalez National Affordable Housing Act (42 U.S.C.
12741-12742, 42 U.S.C. 12744-12753, 42 U.S.C. 12755-12756, 42
U.S.C. 12831-12840) (in this section referred to as ``NAHA''),
subject to the terms and conditions paragraph (1)(A) of
subsection (b);
(2) $14,925,000,000, to remain available until September
30, 2028, for activities and assistance for the HOME Investment
Partnerships Program, as authorized under sections 241 through
242, 244 through 253, 255 through 256, and 281 through 290 of
the Cranston-Gonzalez National Affordable Housing Act (42
U.S.C. 12741-12742, 42 U.S.C. 12744-12753, 42 U.S.C. 12755-
12756, 42 U.S.C. 12831-12840), subject to the terms and
conditions in paragraphs (1)(B) and (2) of subsection (b);
(3) $50,000,000, to remain available until September 30,
2033, to make new awards or increase prior awards to existing
technical assistance providers to provide an increase in
capacity building and technical assistance available to any
grantees implementing activities or projects consistent with
this section; and
(4) $100,000,000, to remain available until September 30,
2033, for the costs to the Secretary of administering and
overseeing the implementation of this section and the HOME and
Housing Trust Fund programs generally, including information
technology, financial reporting, research and evaluations, and
other cross-program costs in support of programs administered
by the Secretary in this title, and other costs.
(b) Terms and Conditions.--
(1) Formulas.--
(A) The Secretary shall allocate amounts made
available under subsection (a)(1) pursuant to section
217 of NAHA (42 U.S.C. 12747) to grantees that received
allocations pursuant to that same formula in fiscal
year 2023 and shall make such allocations within 60
days of the enactment of this Act.
(B) The Secretary shall allocate amounts made
available under subsection (a)(2) pursuant to the
formula specified in section 1338(c)(3) of the Federal
Housing Enterprises Financial Safety and Soundness Act
of 1992 (12 U.S.C. 4568(c)(3)) to grantees that
received Housing Trust Fund allocations pursuant to
that same formula in fiscal year 2023 and shall make
such allocations within 60 days of the date of the
enactment of this Act.
(2) Eligible activities.--Other than as provided in
paragraph (5) of this subsection, funds made available under
subsection (a)(2) may only be used for eligible activities
described in subparagraphs (A) through (B)(i) of section
1338(c)(7) of the Federal Housing Enterprises Financial Safety
and Soundness Act of 1992 (12 U.S.C. 4568(c)(7)), except that
not more than 10 percent of funds made available may be used
for activities under such subparagraph (B)(i).
(3) Funding restrictions.--The commitment requirements in
section 218(g) (42 U.S.C. 12748(g)) of NAHA, the matching
requirements in section 220 (42 U.S.C. 12750) of NAHA, and the
set-aside for housing developed, sponsored, or owned by
community housing development organizations required in section
231 of NAHA (42 U.S.C. 12771) shall not apply for amounts made
available under this section.
(4) Reallocation.--For funds provided under paragraphs (1)
and (2) of subsection (a), the Secretary may recapture certain
amounts remaining available to a grantee under this section or
amounts declined by a grantee, and reallocate such amounts to
other grantees under that paragraph to ensure fund expenditure,
geographic diversity, and availability of funding to
communities within the State from which the funds have been
recaptured.
(5) Administration.--Notwithstanding subsections (c) and
(d)(1) of section 212 of NAHA (42 U.S.C. 12742), grantees may
use not more than 15 percent of their allocations under this
section for administrative and planning costs.
(c) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 103. HOUSING INVESTMENT FUND.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated for fiscal year 2026, out of any money in the
Treasury not otherwise appropriated, to remain available until
September 30, 2028--
(1) $740,000,000 to the Department of the Treasury to
establish the Housing Investment Fund established by this
section within the Community Development Financial Institutions
Fund (in this section referred to as the ``CDFI Fund'') to make
grants to increase investment in the development, preservation,
rehabilitation, financing, or purchase of affordable housing
primarily for low-, very-low, and extremely low-income families
who are renters, and for homeowners with incomes up to 120
percent of the area median income, and for economic development
and community facilities related to such housing and to further
fair housing; and
(2) $10,000,000 for the costs to the CDFI Fund of
administering and overseeing the implementation of this
section, including information technology, financial reporting,
research and evaluations, and other costs.
(b) Eligible Grantees.--A grant under this section may be made,
pursuant to such requirements as the CDFI Fund shall establish, only
to--
(1) a CDFI Fund certified community development financial
institution, as such term is defined in section 103 of the
Riegle Community Development and Regulatory Improvement Act of
1994 (12 U.S.C. 4702);
(2) a nonprofit organization having as one of its principal
purposes the creation, development, or preservation of
affordable housing, including a subsidiary of a public housing
authority; or
(3) a consortium comprised of certified community
development financial institutions, eligible nonprofit housing
organizations, or a combination of both.
(c) Eligible Uses.--Eligible uses for grant amounts awarded from
the Housing Investment Fund pursuant to this section shall--
(1) be reasonably expected to result in eligible affordable
housing activities that support or sustain affordable housing
funded by a grant under this section and capital from other
public and private sources; and
(2) include activities--
(A) to provide loan loss reserves;
(B) to capitalize an acquisition fund to acquire
residential, industrial, or commercial property and
land for the purpose of the preservation, development,
or rehabilitation of affordable housing, including to
support the creation, preservation, or rehabilitation
of resident-owned manufactured housing communities;
(C) to capitalize an affordable housing fund, for
development, preservation, rehabilitation, or financing
of affordable housing and economic development
activities, including community facilities, if part of
a mixed-use project, or activities described in this
paragraph related to transit-oriented development,
which may also be designated as a focus of such a fund;
(D) to capitalize an affordable housing mortgage
fund, to facilitate the origination of mortgages to
buyers that may experience significant barriers to
accessing affordable mortgage credit, including
mortgages having low original principal obligations;
(E) for risk-sharing loans;
(F) to provide loan guarantees; and
(G) to fund rental housing operations.
(d) Implementation.--The CDFI Fund shall have the authority to
issue such regulations, notice, or other guidance, forms, instructions,
and publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 104. SECTION 811 SUPPORTIVE HOUSING FOR PEOPLE WITH DISABILITIES.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $450,000,000 for capital advances, including amendments
to capital advance contracts, for supportive housing for
persons with disabilities, as authorized by section 811(b)(2)
of the Cranston-Gonzalez National Affordable Housing Act (42
U.S.C. 8013(b)(2)) (in this section referred to as the
``Act''), and subject to subsections (a) through (h)(4), (h)(6)
through (i)(1)(C), and (i)(2) through (m) of such section 811
(42 U.S.C. 8013(a)-42 U.S.C. 8013(h)(4), 42 U.S.C. 8013(h)(6)-
42 U.S.C. 8013(i)(1)(C), 42 U.S.C. 8013(i)(2)-42 U.S.C.
8013(m)), and for project rental assistance for supportive
housing for persons with disabilities under section 811(d)(2)
of the Act and for project assistance contracts pursuant to
section 202(h) of the Housing Act of 1959 (Public Law 86-372;
73 Stat. 667), for project rental assistance to State housing
finance agencies and other appropriate entities as authorized
under section 811(b)(3) of the Act, for State housing finance
agencies;
(2) $7,500,000 for providing technical assistance to
support State-level efforts to integrate housing assistance and
voluntary supportive services for residents of housing
receiving such assistance, which funding may also be used to
provide technical assistance to applicants and potential
applicants to understand program requirements and develop
effective applications, and the Secretary may use amounts made
available under this paragraph to increase prior awards to
existing technical assistance providers to provide an immediate
increase in capacity building and technical assistance; and
(3) $42,500,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the Supportive Housing for Persons with Disabilities
program generally, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Limitations on Costs.--When awarding grants under paragraph (1)
of subsection (a), the Secretary shall establish and assess reasonable
development cost limitations by market area for various types and sizes
of supportive housing for persons with disabilities. The Secretary
shall not count owner or sponsor contributions of other funding or
assistance against the overall cost of a project.
(c) Occupancy Standards.--The owner or sponsor of housing assisted
with funds provided under this section may, with the approval of the
Secretary, limit occupancy with the housing to persons with
disabilities who can benefit from the supportive services offered in
connection with the housing.
(d) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 105. SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $450,000,000 for the Supportive Housing for the Elderly
Program authorized under section 202 of the Housing Act of
1959, and subject to subsections (a) through (g), (h)(2)
through (h)(5), and (i) through (m) of such section 202 (12
U.S.C. 1701q(a)-12 U.S.C. 1701q(g), 12 U.S.C. 1701q(h)(2)-12
U.S.C. 1701q(h)(5), 12 U.S.C. 1701q(i)-12 U.S.C. 1701q(m)) (in
this section referred to as the ``Act''), which shall be used--
(A) for capital advance awards in accordance with
section 202(c)(1) of the Act to recipients that are
eligible under the Act;
(B) for new section 8 project-based rental
assistance contracts under section 8(b) of the United
States Housing Act of 1937 Act (42 U.S.C. 1437f(b)),
subject to subsection (c) of this section, with the
Secretary setting the terms of such project-based
rental assistance contracts, including the duration and
provisions regarding rent setting and rent adjustment,
to support the capital advance projects funded under
this section; and
(C) for service coordinators;
(2) $7,500,000, to provide technical assistance to support
State-level efforts to improve the design and delivery of
voluntary supportive services for residents of any housing
assisted under the Act and other housing supporting low-income
older adults, in order to support residents to age-in-place and
avoid institutional care, as well as to assist applicants and
potential applicants with project-specific design, and the
Secretary may use amounts made available under this paragraph
to increase prior awards to existing technical assistance
providers to provide an immediate increase in capacity building
and technical assistance; and
(3) $42,500,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the Supportive Housing for the Elderly program generally,
including information technology, financial reporting, research
and evaluation, other cross-program costs in support of
programs administered by the Secretary in this title, and other
costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Limitation on Costs.--When awarding grants under paragraph (1)
of subsection (a), the Secretary shall establish and assess reasonable
development cost limitations by market area for various types and sizes
of supportive housing for the elderly. The Secretary shall not count
owner or sponsor contributions of other funding or assistance against
the overall cost of a project.
(c) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 106. IMPROVING ENERGY EFFICIENCY OR WATER EFFICIENCY OR CLIMATE
RESILIENCE OF AFFORDABLE HOUSING.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $1,770,000,000, to remain available until September 30,
2030, for the cost of providing direct loans, including the
costs of modifying such loans, and for grants, as provided for
and subject to terms and conditions in subsection (b),
including to subsidize gross obligations for the principal
amount of direct loans, not to exceed $4,000,000,000, to fund
projects that improve the energy or water efficiency, indoor
air quality and sustainability improvements, implement low-
emission technologies, materials, or processes, including zero-
emission electricity generation, energy storage, or building
electrification, electric car charging station installations,
or address climate resilience of multifamily properties;
(2) $25,000,000, to remain available until September 30,
2032, for the costs to the Secretary of administering and
overseeing the implementation of this section, including
information technology, financial reporting, research and
evaluation, other cross-program costs in support of programs
administered by the Secretary in this title, and other costs;
(3) $120,000,000, to remain available until September 30,
2031, for expenses of contracts administered by the Secretary,
including to carry out property climate risk, energy, or water
assessments, due diligence, and underwriting functions for such
grant and direct loan program; and
(4) $85,000,000, to remain available until September 30,
2030, for energy and water benchmarking of properties eligible
to receive grants or loans under this section, regardless of
whether they actually received such grants, along with
associated data analysis and evaluation at the property and
portfolio level, including the development of information
technology systems necessary for the collection, evaluation,
and analysis of such data.
(b) Loan and Grant Terms and Conditions.--Amounts made available
under this section shall be for direct loans, grants, and direct loans
that can be converted to grants to eligible recipients that agree to an
extended period of affordability for the property.
(c) Definitions.--As used in this section--
(1) the term ``eligible recipient'' means any owner or
sponsor of an eligible property; and
(2) the term ``eligible property'' means a property
receiving project-based assistance pursuant to--
(A) section 202 of the Housing Act of 1959 (12
U.S.C. 1701q);
(B) section 811 of the Cranston-Gonzalez National
Affordable Housing Act (42 U.S.C. 8013); or
(C) section 8(b) of the United States Housing Act
of 1937 (42 U.S.C. 1437f(b)).
(d) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 107. REVITALIZATION OF DISTRESSED MULTIFAMILY PROPERTIES.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $1,550,000,000 for providing direct loans, which may be
forgivable, to owners of distressed properties for the purpose
of making necessary physical improvements, including to
subsidize gross obligations for the principal amount of direct
loans not to exceed $6,000,000,000, subject to the terms and
conditions in subsection (b); and
(2) $50,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the Office of Housing programs generally, including
information technology, financial reporting, research and
evaluations, other cross-program costs in support of programs
administered by the Secretary in this title, and other costs.
Amounts appropriated by this section shall remain available until
September 30, 2031.
(b) Loan Terms and Conditions.--
(1) Eligibility.--Owners or sponsors of multifamily housing
projects who meet each of the following requirements shall be
eligible for loan assistance under this section:
(A) The multifamily housing project, including any
project from which assistance has been approved to be
transferred has deficiencies that cause the project to
be at risk of physical obsolescence or economic non-
viability.
(B) The actual rents received by the owner or
sponsor of the distressed property would not adequately
sustain the debt needed to make necessary physical
improvements.
(C) The owner or sponsor meets any such additional
eligibility criteria as the Secretary determines to be
appropriate, considering factors that contributed to
the project's deficiencies.
(2) Use of loan funds.--Each recipient of loan assistance
under this section may only use such loan assistance to make
necessary physical improvements.
(3) Loan availability.--The Secretary shall only provide
loan assistance to an owner or sponsor of a multifamily housing
project when such assistance, considered with other financial
resources available to the owner or sponsor, is needed to make
the necessary physical improvements.
(4) Interest rates and length.--Loans provided under this
section shall bear interest at 1 percent, and at origination
shall have a repayment period coterminous with the
affordability period established under paragraph (6), with the
frequency and amount of repayments to be determined by
requirements established by the Secretary.
(5) Loan modifications or forgiveness.--With respect to
loans provided under this section, the Secretary may take any
of the following actions if the Secretary determines that doing
so will preserve affordability of the project:
(A) Waive any due on sale or due on refinancing
restriction.
(B) Consent to the terms of new debt to which the
loans may be subordinate, even if such new debt would
impact the repayment of the loans.
(C) Extend the term of the loan.
(D) Forgive the loan in whole or in part.
(6) Extended affordability period.--Each recipient of loan
assistance under this section shall agree to an extended
affordability period for the project that is subject to the
loan by extending any existing affordable housing use
agreements for an additional 30 years or, if the project is not
currently subject to a use agreement establishing affordability
requirements, by establishing a use agreement for 30 years.
(7) Matching contribution.--Each recipient of loan
assistance under this section shall secure at least 20 percent
of the total cost needed to make the necessary physical
improvements from non-Federal sources, except in cases where
the Secretary determines that a lack of financial resources
qualifies a loan recipient for--
(A) a reduced contribution below 20 percent; or
(B) an exemption to the matching contribution
requirement.
(8) Additional loan conditions.--The Secretary may
establish additional conditions for loan eligibility provided
under this section as the Secretary determines to be
appropriate.
(9) Properties insured by the secretary.--In the case of
any property with respect to which assistance is provided under
this section that has a mortgage insured by the Secretary, the
Secretary may use funds available under this section as
necessary to pay for the costs of modifying such loan.
(c) Definitions.--As used in this section--
(1) the term ``multifamily housing project'' means a
project consisting of five or more dwelling units assisted or
approved to receive a transfer of assistance, insured, or with
a loan held by the Secretary or a State or State agency in part
or in whole pursuant to--
(A) section 8 of the United States Housing Act of
1937 (42 U.S.C. 1437f), not including subsection
(o)(13) of such section;
(B) section 202 of the Housing Act of 1959 (12
U.S.C. 1701q), as amended by section 801 of the
Cranston-Gonzalez National Affordable Housing Act;
(C) section 202 of the Housing Act of 1959 (former
12 U.S.C. 1701q), as such section existed before the
enactment of the Cranston-Gonzalez National Affordable
Housing Act;
(D) section 811 of the Cranston-Gonzalez National
Affordable Housing Act (42 U.S.C. 8013); or
(E) section 236 of the National Housing Act (12
U.S.C. 1715z-1); and
(2) the term ``necessary physical improvements'' means new
construction or capital improvements to an existing multifamily
housing project that the Secretary determines are necessary to
address the deficiencies or that rise to such a level that
delaying physical improvements to the project would be
detrimental to the longevity of the project as suitable housing
for occupancy.
(d) Implementation.--The Secretary shall have the authority to
issue such regulations, notices, or other guidance, forms,
instructions, and publications to carry out the programs, projects, or
activities authorized under this section to ensure that such programs,
projects, or activities are completed in a timely and effective manner.
SEC. 108. INVESTMENTS IN RURAL RENTAL HOUSING.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Rural Housing Service of the Department of
Agriculture for fiscal year 2026, out of any money in the Treasury not
otherwise appropriated--
(1) $1,800,000,000, to remain available until September 30,
2031, for the Administrator of the Rural Housing Service for
making loans and grants for new construction, improvements to
energy and water efficiency or climate resilience, the removal
of health and safety hazards, and the preservation and
revitalization of housing for other purposes described under
section 514 of the Housing Act of 1949 (42 U.S.C. 1484),
subsections (a)(1) through (a)(2), (b)(1) through (b)(3),
(b)(5) through (aa)(2)(A), and (aa)(4) of section 515 of such
Act (42 U.S.C. 1485(a)(1)-42 U.S.C. 1485(a)(2), 42 U.S.C.
1485(b)(1)-(b)(3), 42 U.S.C. 1485(b)(5)-42 U.S.C.
1485(aa)(2)(A), 42 U.S.C. 1485(aa)(4)), and 516 of such act (42
U.S.C. 1486), subject to the terms and conditions in subsection
(b);
(2) $100,000,000, to remain available until September 30,
2031, to provide continued assistance pursuant to section 3203
of the American Rescue Plan Act of 2021; and
(3) $100,000,000, to remain available until September 30,
2032, for the costs to the Rural Housing Service of the
Department of Agriculture of administering and overseeing the
implementation of this section, including information
technology, financial reporting, research and evaluations,
other cross-program costs in support of programs administered
by the Secretary in this title, and other costs.
(b) Preservation and Revitalization Terms and Conditions.--
(1) Loans and grants and other assistance.--The
Administrator of the Rural Housing Service of the Department of
Agriculture shall provide direct loans and grants, including
the cost of modifying loans, to restructure existing Department
of Agriculture multi-family housing loans expressly for the
purposes of ensuring the project has sufficient resources to
preserve the project for the purpose of providing safe and
affordable housing for low-income residents and farm laborers,
including--
(A) reducing or eliminating interest;
(B) deferring loan payments;
(C) subordinating, reducing, or re-amortizing loan
debt; and
(D) providing other financial assistance, including
advances, payments, and incentives (including the
ability of owners to obtain reasonable returns on
investment) required by the Secretary, including such
assistance to non-profit entities and public housing
authorities.
(2) Restrictive use agreement.--The Administrator of the
Rural Housing Service of the Department of Agriculture shall as
part of the preservation and revitalization agreement obtain a
restrictive use agreement consistent with the terms of the
restructuring.
(c) Implementation.--The Administrator of the Rural Housing Service
of the Department of Agriculture shall have authority to issue such
regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 109. HOUSING VOUCHERS.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $15,000,000,000, to remain available until September
30, 2031, for--
(A) incremental tenant-based rental assistance for
extremely low-income families under section 8(o) of the
United States Housing Act of 1937 (42 U.S.C. 1437f(o));
(B) renewals of such tenant-based rental
assistance; and
(C) fees for the costs of administering tenant-
based rental assistance and other expenses related to
the utilization of voucher assistance under
subparagraph (A), which may include the cost of
facilitating the use of voucher assistance provided
under paragraph (5);
(2) $7,100,000,000, to remain available until September 30,
2031, for--
(A) incremental tenant-based rental assistance
under section 8(o) of the United States Housing Act of
1937 (42 U.S.C. 1437f(o)) for households experiencing
or at risk of homelessness, survivors of domestic
violence, dating violence, sexual assault, and
stalking, and survivors of trafficking;
(B) renewals of such tenant-based rental
assistance; and
(C) fees for the costs of administering tenant-
based rental assistance and other expenses related to
the utilization of voucher assistance under
subparagraph (A), which may include the cost of
facilitating the use of voucher assistance provided
under paragraph (5);
(3) $1,000,000,000, to remain available until September 30,
2033, for--
(A) tenant protection vouchers for relocation and
replacement of public housing units demolished or
disposed as part of a public housing preservation or
project-based replacement transaction using funds made
available under this title;
(B) renewals of such tenant-based rental
assistance; and
(C) fees for the costs of administering tenant-
based rental assistance and other expenses related to
the utilization of voucher assistance under
subparagraph (A), which may include the cost of
facilitating the use of voucher assistance provided
under paragraph (5);
(4) $300,000,000, to remain available until September 30,
2033, for competitive grants, subject to terms and conditions
determined by the Secretary, to public housing agencies for
mobility-related services for voucher families, including
families with children, and service coordination;
(5) $230,000,000, to remain available until September 30,
2033, for eligible expenses to facilitate the use of voucher
assistance under this section and for other voucher assistance
under section 8(o) of the United States Housing Act of 1937, as
determined by the Secretary, in addition to amounts otherwise
available for such expenses, including property owner outreach
and retention activities such as incentive payments, security
deposit payments and loss reserves, landlord liaisons, and
other uses of funds designed primarily--
(A) to recruit owners of dwelling units,
particularly dwelling units in census tracts with a
poverty rate of less than 20 percent, to enter into
housing assistance payment contracts; and
(B) to encourage owners that enter into housing
assistance payment contracts as described in
subparagraph (A) to continue to lease their dwelling
units to tenants assisted under section 8(o) of the
United States Housing Act of 1937;
(6) $300,000,000, to remain available until September 30,
2033, for the costs to the Secretary of administering and
overseeing the implementation of this section and the Housing
Choice Voucher program generally, including information
technology, financial reporting, research and evaluations,
other cross-program costs in support of programs administered
by the Secretary in this title, and other costs; and
(7) $70,000,000, to remain available until September 30,
2033, for making new awards or increasing prior awards to
existing technical assistance providers to provide an increase
in capacity building and technical assistance available to
public housing agencies.
(b) Terms and Conditions.--
(1) Allocation.--The Secretary shall allocate initial
incremental assistance provided for rental assistance under
subsection (a)(1) and (2) in each fiscal year commencing in
2026 and ending in 2030 in accordance with a formula or
formulas that include measures of severe housing need among
extremely low-income renters and public housing agency
capacity, and ensures geographic diversity among public housing
agencies administering the Housing Choice Voucher program.
(2) Election to administer.--The Secretary shall establish
a procedure for public housing agencies to accept or decline
the incremental vouchers made available under this section.
(3) Failure to use vouchers promptly.--If a public housing
agency fails to lease the authorized vouchers it has received
under this subsection on behalf of eligible families within a
reasonable period of time, the Secretary may offset the
agency's voucher renewal allocations and may revoke and
redistribute any unleased vouchers and associated funds, which
may include administrative fees and amounts allocated under
subsections (a)(3) and (a)(4), to other public housing
agencies.
(4) Limitation of use of funds.-- Public housing agencies
may use funds received under this section only for the
activities listed in subsection (a) for which the funds were
provided to such agency.
(5) Cap on project-based vouchers for vulnerable
populations.--Upon request by a public housing agency, the
Secretary may designate a number of the public housing agency's
vouchers allocated under this section as excepted units that do
not count against the percentage limitation on the number of
authorized units a public housing agency may project-base under
section 8(o)(13)(B) of the United States Housing Act of 1937,
in accordance with the conditions established by the Secretary.
This paragraph may not be construed to waive, limit, or specify
alternative requirements, or permit such waivers, limitations,
or alternative requirements, related to fair housing and
nondiscrimination, including the requirement to provide housing
and services to individuals with disabilities in integrated
settings.
(6) Homeless waiver authority.-- In administering the
voucher assistance targeted for households experiencing or at
risk of homelessness, survivors of domestic violence, dating
violence, sexual assault, and stalking, and survivors of
trafficking under subsection (a)(2), the Secretary may, upon a
finding that a waiver or alternative requirement is necessary
to facilitate the use of such assistance, waive or specify
alternative requirements for--
(A) section 8(o)(6)(A) of the United States Housing
Act of 1937 (42 U.S.C. 1437f(o)(6)(A)) and regulatory
provisions related to the administration of waiting
lists and local preferences;
(B) section 214(d)(2) of the Housing and Community
Development Act of 1980 (42 U.S.C. 1436a(d)(2)),
section 576(a), (b), and (c) of the Quality Housing and
Work Responsibility Act of 1998 (42 U.S.C. 13661(a),
(b), and (c)), and regulatory provisions related to the
verification of eligibility, eligibility requirements,
and the admissions process;
(C) section 8(o)((7)(A) of the United States
Housing Act of 1937 (42 U.S.C. 1437f(o)(7)(A)) and
regulatory provisions related to the initial lease
term;
(D) section 8(r)(B)(i) of the United States Housing
Act of 1937 (42 U.S.C. 1437f(r)(B)(i)) and regulatory
provisions related to portability moves by non-resident
applicants; and
(E) regulatory provisions related to the
establishment of payment standards.
(c) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 110. PROJECT-BASED RENTAL ASSISTANCE.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $880,000,000 for the project-based rental assistance
program, as authorized under section 8(b) of the United States
Housing Act of 1937 (42 U.S.C. 1437f(b)), (in this section
referred to as the ``Act''), subject to the terms and
conditions of subsection (b) of this section;
(2) $20,000,000 for providing technical assistance to
recipients of or applicants for project-based rental assistance
or to States allocating the project-based rental assistance;
and
(3) $100,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the section 8 project-based rental assistance program
generally, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Terms and Conditions.--
(1) Authority.--Notwithstanding section 8(a) the Act (42
U.S.C. 1437f(a)), the Secretary may use amounts made available
under this section to provide assistance payments with respect
to newly constructed housing, existing housing, or
substantially rehabilitated non-housing structures for use as
new multifamily housing in accordance with this section and the
provisions of section 8 of the Act. In addition, the Secretary
may use amounts made available under this section for
performance-based contract administrators for section 8
project-based assistance, for carrying out this section and
section 8 of the Act.
(2) Project-based rental assistance.--The Secretary may
make assistance payments using amounts made available under
this section pursuant to contracts with owners or prospective
owners who agree to construct housing, to substantially
rehabilitate existing housing, to substantially rehabilitate
non-housing structures for use as new multifamily housing, or
to attach the assistance to newly constructed housing in which
some or all of the units shall be available for occupancy by
very low-income families in accordance with the provisions of
section 8 of the Act. In awarding contracts pursuant to this
section, the Secretary shall give priority to owners or
prospective owners of multifamily housing projects located or
to be located in areas of high opportunity, as defined by the
Secretary, in areas experiencing economic growth or rising
housing prices to prevent displacement or secure affordable
housing for low-income households, or that serve people at risk
of homelessness or that integrate additional units that are
accessible for persons with mobility impairments and persons
with hearing or visual impairments beyond those required by
applicable Federal accessibility standards.
(3) Allocation.--The Secretary shall make awards with
amounts made available under this section using the following
mechanisms, alone or in combination:
(A) A competitive process, which the Secretary may
carry out in multiple rounds of competition, each of
which may have its own selection, performance, and
reporting criteria as established by the Secretary.
(B) Selecting proposals submitted through FHA loan
applications that meet specified criteria.
(C) Delegating to States the awarding of contracts,
including related determinations such as the maximum
monthly rent, subject to the requirements of section 8
of the Act, as determined by the Secretary.
(4) Contract term, rent setting, and rent adjustments.--The
Secretary may set the terms of the contract, including the
duration and provisions regarding rent setting and rent
adjustments.
(c) Implementation.--The Secretary shall have the authority to
issue such regulations, notices, or other guidance, forms,
instructions, and publications to carry out the programs, projects, or
activities authorized under this section to ensure that such programs,
projects, or activities are completed in a timely and effective manner.
SEC. 111. INVESTMENTS IN NATIVE AMERICAN COMMUNITIES.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $277,500,000 for formula grants for eligible affordable
housing activities described in section 202 of the Native
American Housing Assistance and Self-Determination Act of 1996
(in this section referred to as ``NAHASDA'') (25 U.S.C. 4132),
which shall be distributed according to the most recent fiscal
year funding formula for the Indian Housing Block Grant;
(2) $200,000,000 for--
(A) affordable housing activities authorized under
section 810(a) of NAHASDA (25 U.S.C. 4229);
(B) community-wide infrastructure and
infrastructure improvement projects carried out on
Hawaiian Home Lands pursuant to section 810(b)(5) of
NAHASDA (25 U.S.C. 4229(b)(5)); and
(C) rental assistance to Native Hawaiians (as
defined in section 801 of NAHASDA (25 U.S.C. 4221)) on
and off Hawaiian Home Lands;
(3) $277,500,000 for competitive grants for eligible
affordable housing activities described in section 202 of
NAHASDA (25 U.S.C. 4132);
(4) $200,000,000 for--
(A) competitive single-purpose Indian community
development block grants for Indian tribes; and
(B) imminent threat Indian community development
block grants, including for long-term environmental
threats and relocation, for Indian tribes, or a tribal
organization, governmental entity, or nonprofit
organization designated by the Indian tribe to apply
for a grant on its behalf;
(5) $25,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and Indian and Native Hawaiian programs administered by the
Secretary, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs; and
(6) $20,000,000 to make new awards or increase prior awards
to technical assistance providers to provide an immediate
increase in capacity building and technical assistance to
grantees.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Reallocation.--Amounts made available under subsection (a)(1)
that are not accepted within a time specified by the Secretary, are
voluntarily returned, or are otherwise recaptured for any reason shall
be used to fund grants under paragraph (3) or (4) of subsection (a).
(c) Undisbursed Funds.--Amounts provided under this Act that remain
undisbursed may not be used as a basis to reduce any grant allocation
under section 302 of NAHASDA (25 U.S.C. 4152) to an Indian tribe in any
fiscal year.
(d) Prohibition on Investments.--Amounts made available under this
section may not be invested in investment securities and other
obligations.
(e) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 112. INCREASED AFFORDABLE HOUSING PROGRAM INVESTMENT.
Notwithstanding subsection (j)(5)(C) of section 10 of the Federal
Home Loan Bank Act (12 U.S.C. 1430), in 2026 and every year thereafter
until 2031, each Federal Home Loan Bank shall annually contribute 15
percent of the preceding year's net income of the Federal Home Bank, or
such prorated sums as may be required to assure that the aggregate
contribution of the Federal Home Loan Banks shall not be less than
$100,000,000 for each such year, to support grants or subsidized
advances through the Affordable Housing Programs established and
carried out under subparagraphs (j)(1), (2), (3)(A), (3)(C), and (4)
through (13) of section 10 of such Act.
SEC. 113. PROMOTING HOUSING ACCESSIBILITY AND VISITABILITY.
(a) Accessibility Requirement.--The Secretary of Housing and Urban
Development shall issue a rule amending sections 8.22 and 8.23 of title
24, Code of Federal Regulations to require that--
(1) not less than 10 percent of total dwelling units or one
dwelling unit, whichever is greater, in each multifamily
housing project shall be accessible for persons with mobility
impairments; and
(2) in addition to the units meeting the requirements of
paragraph (1), not less than 5 percent of total dwelling units
or one dwelling unit, whichever is greater, in each multifamily
housing project shall be shall be accessible for persons with
hearing or vision impairments.
(b) Visitability Requirement.--
(1) Requirement.--It shall be unlawful for any person or
entity, with respect to a covered dwelling unit designed,
constructed, or commissioned, contracted, or otherwise arranged
for construction, by the person or entity, to fail to ensure
that the dwelling unit contains not less than 1 level that
complies with the Standards for Type C (Visitable) Units of the
American National Standards Institute (commonly known as ANSI)
Standards for Accessible and Usable Buildings and Facilities
(section 1005 of ICC ANSI A117.1-2009) or any successor
standard.
(2) Definitions.--As used in this subsection:
(A) Covered dwelling unit.--The term ``covered
dwelling unit'' means a dwelling unit that--
(i) is--
(I) a detached single-family house;
(II) a townhouse or multi-level
dwelling unit (whether detached or
attached to other units or structures);
or
(III) a ground-floor unit in a
building of not more than 3 dwelling
units;
(ii) is designed as, or intended for
occupancy as, a residence;
(iii) was designed, constructed, or
commissioned, contracted, or otherwise arranged
for construction, by any person or entity that,
at any time before the design or construction,
received or was guaranteed Federal financial
assistance for any program or activity relating
to the design, construction, or commissioning,
contracting, or other arrangement for
construction, of the dwelling unit; and
(iv) is made available for first occupancy
on or after the date that is 1 year after the
date of enactment of this Act.
(B) Federal financial assistance.--The term
``Federal financial assistance'' means--
(i) any assistance that is provided or
otherwise made available by the Secretary of
Housing and Urban Development or the Secretary
of Veterans Affairs, or under any program or
activity of the Department of Housing and Urban
Development or the Department of Veterans
Affairs, through any grant, loan, contract, or
any other arrangement, on or after the date
that is 1 year after the date of enactment of
this Act, including--
(I) a grant, a subsidy, or any
other funds;
(II) service provided by a Federal
employee;
(III) real or personal property or
any interest in or use of such
property, including--
(aa) a transfer or lease of
the property for less than the
fair market value or for
reduced consideration; and
(bb) proceeds from a
subsequent transfer or lease of
the property if the Federal
share of the fair market value
is not returned to the Federal
Government;
(IV) any--
(aa) tax credit; or
(bb) mortgage or loan
guarantee or insurance; and
(V) community development funds in
the form of an obligation guaranteed
under section 108 of the Housing and
Community Development Act of 1974 (42
U.S.C. 5308); and
(ii) any assistance that is provided or
otherwise made available by the Secretary of
Agriculture under title V of the Housing Act of
1949 (42 U.S.C. 1471 et seq.).
TITLE II--21ST CENTURY SUSTAINABLE AND EQUITABLE COMMUNITIES
SEC. 201. COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING FOR AFFORDABLE
HOUSING AND INFRASTRUCTURE.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $1,735,000,000 for grants in accordance with sections
101, 102, 103, 104(a) through 104(i), 104(l), 104(m), 105(a)
through 105(g), 106(a)(2), 106(a)(4), 106(b) through 106(f),
109, 110, 111, 113, 115, 116, 120, and 122 of the Housing and
Community Development Act of 1974 (42 U.S.C. 5301, 5302, 5303,
5304(a)-(i), 5304(l), 5304(m), 5305(a)-(g), 5306(a)(2),
5306(a)(4), 5306(b)-(f), 5309, 5310, 5311, 5313, 5315, 5316,
5319, and 5321) to grantees under subsections (a)(2) and (4)
and (d) of section 106 of such Act (42 U.S.C. 5306(a)(2),
(a)(4), and (d)), subject to subsection (b) of this section,
except that for purposes of amounts made available by this
paragraph, paragraph (2) of such section 106(a) shall be
applied by substituting ``$70,000,000'' for ``$7,000,000'';
(2) $700,000,000 for grants in accordance with sections
101, 102, 103, 104(a) through 104(i), 104(l), 104(m), 105(a)
through 105(g), 106(a)(2), 106(a)(4), 106(b) through 106(f),
109, 110, 111, 113, 115, 116, 120, and 122 of title I of the
Housing and Community Development Act of 1974 (42 U.S.C. 5301,
5302, 5303, 5304(a)-(i), 5304(l), 5304(m), 5305(a)-(g),
5306(a)(2), 5306(a)(4), 5306(b)-(f), 5309, 5310, 5311, 5313,
5315, 5316, 5319, and 5321) to community development block
grant grantees, as determined by the Secretary, under
subsections (a)(4) and (b) through (f) of section 106 of such
Act (5306(a)(4) and 5306(b)-(f)), only for colonias, to address
the community and housing infrastructure needs of existing
colonia residents based on a formula that takes into account
persons in poverty in the colonia areas, except that grantees
may use funds in colonias outside of the 150-mile border area
upon approval of the Secretary;
(3) $500,000,000 for grants in accordance with sections
101, 102, 103, 104(a) through 104(i), 104(l), 104(m), 105(a)
through 105(g), 106(a)(2), 106(a)(4), 106(b) through 106(f),
109, 110, 111, 113, 115, 116, 120, and 122 of title I of the
Housing and Community Development Act of 1974 (42 U.S.C. 5301,
5302, 5303, 5304(a)-(i), 5304(l), 5304(m), 5305(a)-(g),
5306(a)(2), 5306(a)(4), 5306(b)-(f), 5309, 5310, 5311, 5313,
5315, 5316, 5319, and 5321), to eligible recipients under
subsection (c) of this section for manufactured housing
infrastructure improvements in eligible manufactured home
communities;
(4) $87,500,000 for the costs to the Secretary of
administering and overseeing the implementation of this
section, the Community Development Block Grant program, and the
manufactured home construction and safety standards program
generally, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs; and
(5) $27,500,000 for providing technical assistance to
recipients of or applicants for grants under this section.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Housing Construction.--Expenditures on new construction of
housing shall be an eligible expense for a recipient of funds made
available under this section that is not a recipient of funds under
section 40002 of this title.
(c) Manufactured Housing Community Improvement Grant Program.--
(1) Establishment.--The Secretary of Housing and Urban
Development shall carry out a competitive grant program to
award funds appropriated under subsection (a)(3) to eligible
recipients to carry out eligible projects for improvements in
eligible manufactured home communities.
(2) Eligible projects.--Amounts from grants under this
subsection shall be used to assist in carrying out a project
for construction, reconstruction, repair, or clearance of
housing, facilities and improvements in or serving a
manufactured housing community that is necessary to protect the
health and safety of the residents of the manufactured housing
community and the long-term sustainability of the community.
(d) Definitions.--For purposes of this section, the following
definitions shall apply:
(1) Colonia area.--The term ``colonia area'' means any
census tract that--
(A) is an area of the United States within 150
miles of the contiguous border between the United
States and Mexico, except as otherwise determined by
the Secretary; and
(B) lacks potable water supply, adequate sewage
systems, or decent, safe, sanitary housing, or other
objective criteria as approved by the Secretary.
(2) Eligible manufactured home community.--The term
``eligible manufactured home community'' means a community
that--
(A) is affordable to low- and moderate-income
persons (as such term is defined in section 102(a) of
the Housing and Community Development Act of 1974 (42
U.S.C. 5302(a))); and
(B)(i) is owned by the residents of the
manufactured housing community through a resident-
controlled entity, as defined by the Secretary, in
which at least two-thirds of residents are member-
owners of the land-owning entity; or
(ii) will be maintained as such a community, and
remain affordable for low- and moderate-income
families, to the maximum extent practicable and for the
longest period feasible.
(3) Eligible recipient.--The term ``eligible recipient''
means a partnership of--
(A) a grantee under paragraph (2) or (4) of section
106(a) or section 106(d) of the Housing and Community
Development Act of 1974 (42 U.S.C. 5306(a)(2), (a)(4),
and (d)); and
(B) an eligible manufactured home community, a
nonprofit entity, or a consortia of nonprofit entities
working with an eligible manufactured home community.
(4) Manufactured home community.--The term ``manufactured
home community'' means any community, court, or park equipped
to accommodate manufactured homes for which pad sites, with or
without existing manufactured homes or other allowed homes, or
other suitable sites, are used primarily for residential
purposes, with any additional requirements as determined by the
Secretary, including any manufactured housing community as such
term is used for purposes of the program of the Federal
National Mortgage Association for multifamily loans for
manufactured housing communities and the program of the Federal
Home Loan Mortgage Corporation for loans for manufactured
housing communities.
(e) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 202. LEAD-BASED PAINT HAZARD CONTROL AND HOUSING-RELATED HEALTH
AND SAFETY HAZARD MITIGATION IN HOUSING OF FAMILIES WITH
LOWER INCOMES.
(a) Appropriation.--In addition to amounts otherwise made
available, there is appropriated to the Secretary of Housing and Urban
Development (in this section referred to as the ``Secretary'') for
fiscal year 2026, out of any money in the Treasury not otherwise
appropriated--
(1) $3,425,000,000 for grants to States, units of general
local government, Indian tribes or their tribally designated
housing entities, and nonprofit organizations for the
activities under subsection (c) in target housing units that do
not receive Federal housing assistance other than assistance
provided under subsection 8(o) of the United States Housing Act
of 1937 (42 U.S.C. 1437f(o)), excluding paragraph (o)(13) of
such section, and common areas servicing such units, where low-
income families reside or are expected to reside;
(2) $250,000,000 for grants to States or units of general
local government or nonprofit entities for the activities in
subsection (c) in target housing units, and common areas
servicing such units, that are being assisted under the
Weatherization Assistance Program authorized under part A of
title IV of the Energy Conservation and Production Act (42
U.S.C. 6861-6872) but are not assisted under any other Federal
housing program other than subsection 8(o) of the United States
Housing Act of 1937 (42 U.S.C. 1437f(o)), excluding paragraph
8(o)(13) of such section;
(3) $1,000,000,000 for grants to owners of a property
receiving project-based rental assistance under section 8 of
the United States Housing Act of 1937 (42 U.S.C. 1437f),
including under subsection (o)(13) of such section, that meets
the definition of target housing and that has not received a
grant for similar purposes under this Act, for the activities
in subsection (c), except for abatement of lead-based paint by
enclosure or encapsulation, or interim controls of lead-based
paint hazards in target housing units receiving such assistance
and common areas servicing such units;
(4) $75,000,000 for costs related to training and technical
assistance to support identification and mitigation of lead and
housing-related health and safety hazards, research, and
evaluation; and
(5) $250,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this
section, and the Secretary's lead hazard reduction and related
programs generally including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Terms and Conditions.--
(1) Income eligibility determinations.--The Secretary may
make income determinations of eligibility for enrollment of
housing units for assistance under this section that are
consistent with eligibility requirements for grants awarded
under other Federal means-tested programs, provided such
determination does not require additional action by other
Federal agencies.
(2) Housing families with young children.--An owner of
rental property that receives assistance under subsection
(a)(3) shall give priority in renting units for which the lead-
based paint has been abated pursuant to subsection (a)(3), for
not less than 3 years following the completion of lead
abatement activities, to families with a child under the age of
6 years.
(3) Administrative expenses.--A recipient of a grant under
this section may use up to 10 percent of the grant for
administrative expenses associated with the activities funded
by this section.
(c) Eligible Activities.--Grants awarded under this section shall
be used for purposes of building capacity and conducting activities
relating to testing, evaluating, and mitigating lead-based paint, lead-
based paint hazards, and housing-related health and safety hazards;
outreach, education, and engagement with community stakeholders,
including stakeholders in disadvantaged communities; program evaluation
and research; grant administration, and other activities that directly
or indirectly support the work under this section, as applicable, that
without which such activities could not be conducted.
(d) Definitions.--For purposes of this section, the following
definitions, and definitions in paragraphs (1), (2), (3), (5), (6),
(7), (10) through (17), and (20) through (27) of section 1004 of the
Residential Lead-Based Paint Hazard Reduction Act of 1992 (42 U.S.C.
4851b(1)-(3), 42 U.S.C. 4851b(5)-(7), 42 U.S.C. 4851b(10)-(17), 42
U.S.C. 4851b(20)-(27), shall apply:
(1) Nonprofit; nonprofit organization.--The terms
``nonprofit'' and ``nonprofit organization'' mean a
corporation, community chest, fund, or foundation not organized
for profit, but organized and operated exclusively for
religious, charitable, scientific, testing for public safety,
literary, or educational purposes; or an organization not
organized for profit but operated exclusively for the promotion
of social welfare.
(2) Public housing; public housing agency; low-income
family.--The terms ``public housing'', ``public housing
agency'', and ``low-income family'' have the same meaning given
such terms in section 3(b) of the United States Housing Act of
1937 (42 U.S.C. 1437a(b)).
(3) State; unit of general local government.--The terms
``State'' and ``unit of general local government'' have the
same meaning given such terms in section 102 of the Housing and
Community Development Act of 1974 (42 U.S.C. 5302).
(e) Grant Compliance.--For any grant of assistance under this
section, a State or unit of general local government may assume
responsibilities for elements of grant compliance, regardless of
whether it is the grant recipient, if the State or unit of general
local government is permitted to assume responsibility for the
applicable element of grant compliance for grants for which it is the
recipient under section 1011 of the Residential Lead-Based Paint Hazard
Reduction Act of 1992 (42 U.S.C. 4852).
(f) Implementation.--The Secretary shall have the authority to
issue such regulations, notices, or other guidance, forms,
instructions, and publications to carry out the programs, projects, or
activities authorized under this section to ensure that such programs,
projects, or activities are completed in a timely and effective manner.
SEC. 203. UNLOCKING POSSIBILITIES PROGRAM.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
for fiscal year 2026, out of any money in the Treasury not otherwise
appropriated--
(1) $1,646,000,000 for awarding grants under section 101,
102, 103, 104(a) through 104(i), 104(l), 104(m), 105(a) through
105(g), 106(a)(2), 106(a)(4), 106(b) through 106(f), 109, 110,
111, 113, 115, 116, 120, and 122 of the Housing and Community
Development Act of 1974 (42 U.S.C. 5301, 5302, 5303, 5304(a)-
(i), 5304(l), 5304(m), 5305(a)-(g), 5306(a)(2), 5306(a)(4),
5306(b)-(f), 5309, 5310, 5311, 5313, 5315, 5316, 5319, and
5321) awarded on a competitive basis to eligible recipients to
carry out grants under subsection (c) of this section;
(2) $8,000,000 for research and evaluation related to
housing planning and other associated costs;
(3) $30,000,000 to provide technical assistance to grantees
or applicants for grants made available by this section; and
(4) $66,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and community and economic development programs overseen by the
Secretary generally, including information technology,
financial reporting, research and evaluations, and other cross-
program costs in support of programs administered by the
Secretary in this title, and other costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Program Establishment.--The Secretary of Housing and Urban
Development shall establish a competitive grant program for--
(1) planning grants to develop and evaluate housing plans
and substantially improve housing strategies;
(2) streamlining regulatory requirements and shorten
processes, reform zoning codes, increasing capacity to conduct
housing inspections, or other initiatives that reduce barriers
to housing supply elasticity and affordability;
(3) developing and evaluating local or regional plans for
community development to substantially improve community
development strategies related to sustainability, fair housing,
and location efficiency;
(4) implementation and livable community investment grants;
and
(5) research and evaluation.
(c) Grants.--
(1) Planning grants.--The Secretary shall, under selection
criteria determined by the Secretary, award grants under this
paragraph on a competitive basis to eligible entities to assist
planning activities, including administration of such
activities, engagement with community stakeholders and housing
practitioners, to--
(A) develop housing plans;
(B) substantially improve State or local housing
strategies;
(C) develop new regulatory requirements and
processes, reform zoning codes, increasing capacity to
conduct housing inspections, or undertake other
initiatives to reduce barriers to housing supply
elasticity and affordability;
(D) develop local or regional plans for community
development; and
(E) substantially improve community development
strategies, including strategies to increase
availability and access to affordable housing, to
further access to public transportation or to advance
other sustainable or location-efficient community
development goals.
(2) Implementation and livable community investment
grants.--The Secretary shall award implementation grants under
this paragraph on a competitive basis to eligible entities for
the purpose of implementing and administering--
(A) completed housing strategies and housing plans
and any planning to affirmatively further fair housing
within the meaning of subsections (d) and (e) of
section 808 of the Fair Housing Act (42 U.S.C. 608) and
applicable regulations and for community investments
that support the goals identified in such housing
strategies or housing plans;
(B) new regulatory requirements and processes,
reformed zoning codes, increased capacity to conduct
housing inspections, or other initiatives to reduce
barriers to housing supply elasticity and affordability
that are consistent with a plan under subparagraph (A);
(C) completed local or regional plans for community
development and any planning to increase availability
and access to affordable housing, access to public
transportation and other sustainable or location-
efficient community development goals.
(d) Coordination With FTA Administrator.--To the extent
practicable, the Secretary shall coordinate with the Federal Transit
Administrator in carrying out this section.
(e) Definitions.--For purposes of this section, the following
definitions apply:
(1) Eligible entity.--The term ``eligible entity'' means--
(A) a State, insular area, metropolitan city, or
urban county, as such terms are defined in section 102
of the Housing and Community Development Act of 1974
(42 U.S.C. 5302); or
(B) for purposes of grants under subsection (b)(1),
a regional planning agency or consortia.
(2) Housing plan; housing strategy.--
(A) Housing plan.--The term ``housing plan'' means
a plan of an eligible entity to, with respect to the
area within the jurisdiction of the eligible entity--
(i) match the creation of housing supply to
existing demand and projected demand growth in
the area, with attention to preventing
displacement of residents, reducing the
concentration of poverty, and meaningfully
reducing and not perpetuating housing
segregation on the basis of race, color,
religion, natural origin, sex, disability, or
familial status;
(ii) increase the affordability of housing
in the area, increase the accessibility of
housing in the area for people with
disabilities, including location-efficient
housing, and preserve or improve the quality of
housing in the area;
(iii) reduce barriers to housing
development in the area, with consideration for
location efficiency, affordability, and
accessibility; and
(iv) coordinate with the metropolitan
transportation plan of the area under the
jurisdiction of the eligible entity, or other
regional plan.
(B) Housing strategy.--The term ``housing
strategy'' means the housing strategy required under
section 105 of the Cranston-Gonzalez National
Affordable Housing Act (42 U.S.C. 12705).
(f) Costs to Grantees.--Up to 15 percent of a recipient's grant may
be used for administrative costs.
(g) Rules of Construction.--
(1) In general.-- Except as otherwise provided by this
section, amounts appropriated or otherwise made available under
this section shall be subject to the community development
block grant program requirements under subsection (a)(1).
(2) Exceptions.--
(A) Housing construction.--Expenditures on new
construction of housing shall be an eligible expense
under this section.
(B) Buildings for general conduct of government.--
Expenditures on building for the general conduct of
government, other than the Federal Government, shall be
eligible under this section when necessary and
appropriate as a part of a natural hazard mitigation
project.
(h) Implementation.--The Secretary shall have the authority to
issue such regulations notices, or other guidance, forms, instructions,
and publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 204. STRENGTHENING RESILIENCE UNDER NATIONAL FLOOD INSURANCE
PROGRAM.
(a) NFIP Program Activities.--
(1) Cancellation.--All indebtedness of the Administrator of
the Federal Emergency Management Agency under any notes or
other obligations issued pursuant to section 1309(a) of the
National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) and
section 15(e) of the Federal Insurance Act of 1956 (42 U.S.C.
2414(e)), and outstanding as of the date of the enactment of
this Act, is hereby cancelled, the Administrator and the
National Flood Insurance Fund are relieved of all liability
under any such notes or other obligations, including for any
interest due, including capitalized interest, and any other
fees and charges payable in connection with such notes and
obligations.
(2) Use of savings for flood mapping.--In addition to
amounts otherwise available, for each of fiscal years 2026 and
2026, an amount equal to the interest the National Flood
Insurance Program would have accrued from servicing the
canceled debt under paragraph (1) in that fiscal year, which
shall be derived from offsetting amounts collected under
section 1310(d) of the National Flood Insurance Act of 1968 (42
U.S.C. 4017(d)) and shall remain available until expended for
activities identified in section 100216 (b)(1)(A) of the
Biggert-Waters Flood Insurance Reform Act of 2012 (42 U.S.C.
4101b(b)(1)(A)) and related salaries and administrative
expenses.
(b) Means-Tested Assistance for National Flood Insurance Program
Policyholders.--
(1) Appropriation.--In addition to amounts otherwise
available, there is appropriated to the Administrator of the
Federal Emergency Management Agency for fiscal year 2026, out
of any money in the Treasury not otherwise appropriated,
$600,000,000, to remain available until September 30, 2028, to
provide assistance to eligible policyholders in the form of
graduated discounts for insurance costs with respect to covered
properties.
(2) Terms and conditions.--
(A) Discounts.--The Administrator shall use funds
provided under this subsection to establish graduated
discounts available to eligible policyholders under
this subsection, with respect to covered properties,
which may be based on the following factors:
(i) The percentage by which the household
income of the eligible policyholder is equal
to, or less than, 120 percent of the area
median income for the area in which the
property to which the policy applies is
located.
(ii) The number of eligible policyholders
participating in the program authorized under
this subsection.
(iii) The availability of funding.
(B) Distribution of premium.--With respect to the
amount of the discounts provided under this subsection
in a fiscal year, and any administrative expenses
incurred in carrying out this subsection for that
fiscal year, the Administrator shall, from amounts made
available to carry out this subsection for that fiscal
year, deposit in the National Flood Insurance Fund
established under section 1310 of the National Flood
Insurance Act of 1968 (42 U.S.C. 4017) an amount equal
to those discounts and administrative expenses, except
to the extent that section 1310A of the National Flood
Insurance Act of 1968 (42 U.S.C. 4017a) applies to any
portion of those discounts or administrative expenses,
in which case the Administrator shall deposit an amount
equal to those amounts to which such section 1310A
applies in the National Flood Insurance Reserve Fund
established under such section 1310A.
(C) Requirement on timing.--Not later than 21
months after the date of the enactment of this section,
the Administrator shall issue interim guidance to
implement this subsection which shall expire on the
later of--
(i) the date that is 60 months after the
date of the enactment of this section; or
(ii) the date on which a final rule issued
to implement this subsection takes effect.
(3) Definitions.--In this subsection:
(A) Administrator.--The term ``Administrator''
means the Administrator of the Federal Emergency
Management Agency.
(B) Covered property.--The term ``covered
property'' means--
(i) a primary residential dwelling designed
for the occupancy of from 1 to 4 families; or
(ii) personal property relating to a
dwelling described in clause (i) or personal
property in the primary residential dwelling of
a renter.
(C) Eligible policyholder.--The term ``eligible
policyholder'' means a policyholder with a household
income that is not more than 120 percent of the area
median income for the area in which the property to
which the policy applies is located.
(D) Insurance costs.--The term ``insurance costs''
means insurance premiums, fees, and surcharges charged
under the National Flood Insurance Program, with
respect to a covered property for a year.
SEC. 205. COMMUNITY RESTORATION AND REVITALIZATION FUND.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Community Restoration and Revitalization
Fund established under subsection (b) for fiscal year 2026, out of any
money in the Treasury not otherwise appropriated, to remain available
until September 30, 2033--
(1) $2,000,000,000 for awards of planning and
implementation grants under section 101, 102, 103, 104(a)
through 104(i), 104(l), 104(m), 105(a) through 105(g),
106(a)(2), 106(a)(4), 106(b) through 106(f), 109, 110, 111,
113, 115, 116, 120, and 122 of the Housing and Community
Development Act of 1974 (42 U.S.C. 5301, 5302, 5303, 5304(a)-
(i), 5304(l), 5304(m), 5305(a)-(g), 5306(a)(2), 5306(a)(4),
5306(b)-(f), 5309, 5310, 5311, 5313, 5315, 5316, 5319, and
5321), awarded on a competitive basis to eligible recipients,
as defined under subsection (c)(2) of this section, to carry
out community-led projects to create equitable civic
infrastructure and create or preserve affordable, accessible
housing, including creating, expanding, and maintaining
community land trusts and shared equity homeownership programs;
(2) $500,000,000 for planning and implementation grants
under section 101, 102, 103, 104(a) through 104(i), 104(l),
104(m), 105(a) through 105(g), 106(a)(2), 106(a)(4), 106(b)
through 106(f), 109, 110, 111, 113, 115, 116, 120, and 122 of
the Housing and Community Development Act of 1974 (42 U.S.C.
5301, 5302, 5303, 5304(a)-(i), 5304(l), 5304(m), 5305(a)-(g),
5306(a)(2) 5306(a)(4), 5306(b)-(f), 5309, 5310, 5311, 5313,
5315, 5316, 5319, and 5321), awarded on a competitive basis to
eligible recipients to create, expand, and maintain community
land trusts and shared equity homeownership, including through
the acquisition, rehabilitation, and new construction of
affordable, accessible housing;
(3) $400,000,000 for the Secretary to provide technical
assistance, capacity building, and program support to
applicants, potential applicants, and recipients of amounts
appropriated for grants under this section; and
(4) $100,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and community and economic development programs overseen by the
Secretary generally, including information technology,
financial reporting, research and evaluations, and other cross-
program costs in support of programs administered by the
Secretary in this title, and other costs.
(b) Establishment of Fund.--The Secretary of Housing and Urban
Development (in this section referred to as the ``Secretary'') shall
establish a Community Restoration and Revitalization Fund (in this
section referred to as the ``Fund'') to award planning and
implementation grants on a competitive basis to eligible recipients as
defined in this section for activities authorized under subsections (a)
through (g) of section 105 of the Housing and Community Development Act
of 1974 (42 U.S.C. 5305) and under this section for community-led
affordable housing and civic infrastructure projects.
(c) Eligible Geographical Areas, Recipients, and Applicants.--
(1) Geographical areas.--The Secretary shall award grants
from the Fund to eligible recipients within geographical areas
at the neighborhood, county, or census tract level, including
census tracts adjacent to the project area that are areas in
need of investment, as demonstrated by two or more of the
following factors:
(A) High and persistent rates of poverty.
(B) Population at risk of displacement due to
rising housing costs.
(C) Dwelling unit sales prices that are lower than
the cost to acquire and rehabilitate, or build, a new
dwelling unit.
(D) High proportions of residential and commercial
properties that are vacant due to foreclosure,
eviction, abandonment, or other causes.
(E) Low rates of homeownership by race and
ethnicity, relative to the national homeownership rate.
(2) Eligible recipient.--An eligible recipient of a
planning or implementation grant under subsection (a)(1) or an
implementation grant under subsection (a)(2) shall be a local
partnership of a lead applicant and one or more joint
applicants with the ability to administer the grant. An
eligible recipient of a planning grant under subsection (b)(1)
shall be a lead applicant with the ability to administer the
grant, including a regional, State, or national nonprofit.
(d) Eligible Recipients and Applicants.--
(1) Lead applicant.--An eligible lead applicant for a grant
awarded under this section shall be an entity that is located
within or serves the geographic area of the project, or derives
its mission and operational priorities from the needs of the
geographic area of the project, demonstrates a commitment to
anti-displacement efforts, and that is--
(A) a nonprofit organization that has expertise in
community planning, engagement, organizing, housing and
community development;
(B) a community development corporation;
(C) a community housing development organization;
(D) a community-based development organization; or
(E) a community development financial institution,
as defined by section 103 of the Riegle Community
Development and Regulatory Improvement Act of 1994 (12
U.S.C. 4702).
(2) Joint applicants.--A joint applicant shall be an entity
eligible to be a lead applicant in paragraph (1), or a local,
regional, or national--
(A) nonprofit organization;
(B) community development financial institution;
(C) unit of general local government;
(D) Indian tribe;
(E) State housing finance agency;
(F) land bank;
(G) fair housing enforcement organization (as such
term is defined in section 561 of the Housing and
Community Development Act of 1987 (42 U.S.C. 3616a));
(H) public housing agency;
(I) tribally designated housing entity; or
(J) philanthropic organization.
(3) Lack of local entity.--A regional, State, or national
nonprofit organization may serve as a lead entity if there is
no local entity that meets the geographic requirements in
paragraph (1).
(e) Uses of Funds.--
(1) In general.--Planning and implementation grants awarded
under this section shall be used to support civic
infrastructure and housing-related activities.
(2) Implementation grants.--Implementation grants awarded
under this section may be used for activities eligible under
subsections (a) through (g) of section 105 of the Housing and
Community Development Act of 1974 (42 U.S.C. 5305) and other
activities to support civic infrastructure and housing-related
activities, including--
(A) new construction of housing;
(B) demolition of abandoned or distressed
structures, but only if such activity is part of a
strategy that incorporates rehabilitation or new
construction, anti-displacement efforts such as
tenants' right to return and right of first refusal to
purchase, and efforts to increase affordable,
accessible housing and homeownership, except that not
more than 10 percent of any grant made under this
section may be used for activities under this
subparagraph unless the Secretary determines that such
use is to the benefit of existing residents;
(C) facilitating the creation, maintenance, or
availability of rental units, including units in mixed-
use properties, affordable and accessible to a
household whose income does not exceed 80 percent of
the median income for the area, as determined by the
Secretary, for a period of not less than 30 years;
(D) facilitating the creation, maintenance, or
availability of homeownership units affordable and
accessible to households whose incomes do not exceed
120 percent of the median income for the area, as
determined by the Secretary;
(E) establishing or operating land banks; and
(F) providing assistance to existing residents
experiencing economic distress or at risk of
displacement, including purchasing nonperforming
mortgages and clearing and obtaining formal title.
(3) Community land trust grants and shared equity
homeownership grants.--An eligible recipient of a community
land trust grant awarded for establishing and operating a
community land trust or shared equity homeownership program;
creation, subsidization, construction, acquisition,
rehabilitation, and preservation of housing in a community land
trust or shared equity homeownership program, and expanding the
capacity of the recipient to carry out the grant.
(f) Definitions.--For purposes of this section, the following
definitions shall apply:
(1) Community land trust.--The term ``community land
trust''' means a nonprofit organization or State or local
governments or instrumentalities that--
(A) use a ground lease or deed covenant with an
affordability period of at least 30 years or more to--
(i) make rental and homeownership units
affordable to households; and
(ii) stipulate a preemptive option to
purchase the affordable rentals or
homeownership units so that the affordability
of the units is preserved for successive
income-eligible households; and
(B) monitor properties to ensure affordability is
preserved.
(2) Land bank.--The term ``land bank'' means a government
entity, agency, or program, or a special purpose nonprofit
entity formed by one or more units of government in accordance
with State or local land bank enabling law, that has been
designated by one or more State or local governments to
acquire, steward, and dispose of vacant, abandoned, or other
problem properties in accordance with locally-determined
priorities and goals.
(3) Shared equity homeownership program.--The term ``shared
equity homeownership program'' means a program to facilitate
affordable homeownership preservation through a resale
restriction program administered by a community land trust,
other nonprofit organization, or State or local government or
instrumentalities and that utilizes a ground lease, deed
restriction, subordinate loan, or similar mechanism that
includes provisions ensuring that the program shall--
(A) maintain the home as affordable for subsequent
very low-, low-, or moderate-income families for an
affordability term of at least 30 years after
recordation;
(B) apply a resale formula that limits the
homeowner's proceeds upon resale; and
(C) provide the program administrator or such
administrator's assignee a preemptive option to
purchase the homeownership unit from the homeowner at
resale.
(g) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 206. FAIR HOUSING ACTIVITIES AND INVESTIGATIONS.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated--
(1) $540,000,000, to remain available until September 30,
2028, for the Fair Housing Initiatives Program under section
561 of the Housing and Community Development Act of 1987 (42
U.S.C. 3616a) to ensure existing and new fair housing
organizations have expanded and strengthened capacity to
address fair housing inquiries and complaints, conduct local,
regional, and national testing and investigations, conduct
education and outreach activities, and address costs of
delivering or adapting services to meet increased housing
market activity and evolving business practices in the housing,
housing-related, and lending markets. Amounts made available
under this section shall support greater organizational
continuity and capacity, including through up to 10-year
grants; and
(2) $160,000,000, to remain available until September 30,
2033, for the costs to the Secretary of administering and
overseeing the implementation of this section and the Fair
Housing Initiatives and Fair Housing Assistance Programs
generally, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs.
(b) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 207. INTERGOVERNMENTAL FAIR HOUSING ACTIVITIES AND INVESTIGATIONS.
In addition to amounts otherwise available, there is appropriated
to the Secretary of Housing and Urban Development (in this section
referred to as the ``Secretary'') for fiscal year 2026, out of any
money in the Treasury not otherwise appropriated--
(1) $75,000,000 for support for cooperative efforts with
State and local agencies administering fair housing laws under
section 817 of the Fair Housing Act (42 U.S.C. 3616) to assist
the Secretary to affirmatively further fair housing, and for
Fair Housing Assistance Program cooperative agreements with
interim certified and certified State and local agencies, under
the requirements of subpart C of part 115 of title 24, Code of
Federal Regulations, to ensure expanded and strengthened
capacity of substantially equivalent agencies to assume a
greater share of the responsibility for the administration and
enforcement of fair housing laws; and
(2) $25,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the Fair Housing Assistance and Fair Housing Initiatives
Programs generally, including information technology, financial
reporting, research and evaluations, other cross-program costs
in support of programs administered by the Secretary in this
title, and other costs.
TITLE III--HOMEOWNERSHIP INVESTMENTS
SEC. 301. FIRST-GENERATION DOWNPAYMENT ASSISTANCE.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the First Generation Downpayment Fund to
increase equal access to homeownership, established under subsection
(b) for fiscal year 2026, out of any money in the Treasury not
otherwise appropriated--
(1) $6,825,000,000, to remain available until September 30,
2028, for the First-Generation Downpayment Assistance Fund
under this section for allocation to each State in accordance
with a formula established by the Secretary, which shall take
into consideration best available data to approximate the
number of potential qualified homebuyers as defined in
subsection (e)(7) as well as median area home prices, to carry
out the eligible uses of the Fund as described in subsection
(d);
(2) $2,275,000,000, to remain available until September 30,
2028, for the First-Generation Downpayment Assistance Program
under this section for competitive grants to eligible entities
to carry out the eligible uses of the Fund as described in
subsection (d);
(3) $500,000,000, to remain available until September 30,
2033, for the costs of providing housing counseling required
under the First-Generation Downpayment Assistance Program under
subsection (d)(1); and
(4) $400,000,000, to remain available until September 30,
2033, for the costs to the Secretary of Housing and Urban
Development of administering and overseeing the implementation
of the First-Generation Downpayment Assistance Program,
including information technology, financial reporting,
programmatic reporting, research and evaluations, which shall
include the program's impact on racial and ethnic disparities
in homeownership rates, technical assistance to recipients of
amounts under this section, and other cross-program costs in
support of programs administered by the Secretary in this Act,
and other costs.
(b) Establishment.--The Secretary of Housing and Urban Development
shall establish and manage a fund to be known as the First Generation
Downpayment Fund (in this section referred to as the ``Fund'') for the
uses set forth in subsection (d).
(c) Allocation of Funds.--
(1) Initial allocation.--The Secretary shall allocate and
award funding provided by subsection (a) as provided under such
subsection not later than 12 months after the date of the
enactment of this section.
(2) Reallocation.--If a State or eligible entity does not
demonstrate the capacity to expend grant funds provided under
this section, the Secretary may recapture amounts remaining
available to a grantee that has not demonstrated the capacity
to expend such funds in a manner that furthers the purposes of
this section and shall reallocate such amounts among any other
States or eligible entities that have demonstrated to the
Secretary the capacity to expend such amounts in a manner that
furthers the purposes of this section.
(d) Terms and Conditions of Grants Allocated or Awarded From
Fund.--
(1) Uses of funds.--States and eligible entities receiving
grants from the Fund shall use such grants to provide
assistance to or on behalf of a qualified homebuyer who has
completed a program of housing counseling provided through a
housing counseling agency approved by the Secretary or other
adequate homebuyer education before entering into a sales
purchase agreement for--
(A) costs in connection with the acquisition,
involving an eligible mortgage loan, of an eligible
home, including downpayment costs, closing costs, and
costs to reduce the rates of interest on eligible
mortgage loans;
(B) subsidies to make shared equity homes
affordable to eligible homebuyers; and
(C) pre-occupancy home modifications to accommodate
qualified homebuyers or members of their household with
disabilities;
(2) Amount of assistance.--Assistance under this section--
(A) may be provided to or on behalf of any
qualified homebuyer;
(B) may be provided to or on behalf of any
qualified homebuyer only once in the form of grants or
forgivable, non-amortizing, non-interest-bearing loans
that may only be required to be repaid pursuant to
paragraph (d)(4); and
(C) may not exceed the greater of $20,000 or 10
percent of the purchase price in the case of a
qualified homebuyer, not to include assistance received
under subsection (d)(1)(C) for disability related home
modifications, except that the Secretary may increase
such maximum limitation amounts for qualified
homebuyers who are economically disadvantaged.
(3) Prohibition of priority or recoupment of funds.--In
selecting qualified homebuyers for assistance with grant
amounts under this section, a State or eligible entity may not
provide any priority or preference for homebuyers who are
acquiring eligible homes with a mortgage loan made, insured,
guaranteed, or otherwise assisted by the State housing finance
agency for the State, any other housing agency of the State, or
an eligible entity when applicable, nor may the State or
eligible entity seek to recoup any funds associated with the
provision of downpayment assistance to the qualified homebuyer,
whether through premium pricing or otherwise, except as
provided in paragraph (4) of this subsection or otherwise
authorized by the Secretary.
(4) Repayment of assistance.--
(A) Requirement.--The Secretary shall require that,
if a homebuyer to or on behalf of whom assistance is
provided from grant amounts under this section fails or
ceases to occupy the property acquired using such
assistance as the primary residence of the homebuyer,
except in the case of assistance provided in connection
with the purchase of a principal residence through a
shared equity homeownership program, the homebuyer
shall repay to the State or eligible entity, as
applicable, in a proportional amount of the assistance
the homebuyer receives based on the number of years
they have occupied the eligible home up to 5 years,
except that no assistance shall be repaid if the
qualified homebuyer occupies the eligible home as a
primary residence for 5 years or more.
(B) Limitation.--Notwithstanding subparagraph (A),
a homebuyer to or on behalf of whom assistance is
provided from grant amounts under this section shall
not be liable to the State or eligible entity for the
repayment of the amount of such shortage if the
homebuyer fails or ceases to occupy the property
acquired using such assistance as the principal
residence of the homebuyer at least in part because of
a hardship, or sells the property acquired with such
assistance before the expiration of the 60-month period
beginning on such date of acquisition and the capital
gains from such sale to a bona fide purchaser in an
arm's length transaction are less than the amount the
homebuyer is required to repay the State or eligible
entity under subparagraph (A).
(5) Reliance on borrower attestations.--No additional
documentation beyond the borrower's attestation shall be
required to demonstrate eligibility under subparagraphs (B) and
(C) of subsection (e)(7) and no State, eligible entity, or
creditor shall be subject to liability based on the accuracy of
such attestation.
(6) Costs to grantee.--States and eligible entities
receiving grants from the Fund may use a portion of such grants
for administrative costs up to the limit specified by the
Secretary.
(e) Definitions.--For purposes of this section, the following
definitions shall apply:
(1) Eligible entity.--The term ``eligible entity'' means--
(A) a minority depository institution, as such term
is defined in section 308 of the Financial Institutions
Reform, Recovery, and Enforcement Act of 1989 (12
U.S.C. 1463 note);
(B) a community development financial institution,
as such term is defined in section 103 of the Riegle
Community Development and Regulatory Improvement Act of
1994 (12 U.S.C. 4702), that is certified by the
Secretary of the Treasury and targets services to
minority and low-income populations or provides
services in neighborhoods having high concentrations of
minority and low-income populations;
(C) any other nonprofit entity that the Secretary
finds has a track record of providing assistance to
homeowners, targets services to minority and low-income
or provides services in neighborhoods having high
concentrations of minority and low-income populations;
and
(D) a unit of general local government, as such
term is defined in section 102 of the Housing and
Community Development Act of 1974 (42 U.S.C. 5302).
(2) Eligible home.--The term ``eligible home'' means a
residential dwelling that--
(A) consists of 1 to 4 dwelling units; and
(B) will be occupied by the qualified homebuyer as
the primary residence of the homebuyer.
(3) Eligible mortgage loan.--The term ``eligible mortgage
loan'' means a single-family residential mortgage loan that--
(A) meets the underwriting requirements and dollar
amount limitations for acquisition by the Federal
National Mortgage Association or the Federal Home Loan
Mortgage Corporation;
(B) is made, insured, or guaranteed under any
program administered by the Secretary;
(C) is made, insured, or guaranteed by the Rural
Housing Administrator of the Department of Agriculture;
(D) is a qualified mortgage, as such term is
defined in section 129C(b)(2) of the Truth in Lending
Act (15 U.S.C. 1639c(b)(2)); or
(E) is made, insured, or guaranteed for the benefit
of a veteran.
(4) First-generation homebuyer.--The term ``first-
generation homebuyer'' means a homebuyer that is, as attested
by the homebuyer--
(A) an individual--
(i) whose parents or legal guardians do
not, or did not at the time of their death, to
the best of the individual's knowledge, have
any present ownership interest in a residence
in any State, excluding ownership of heir
property or ownership of chattel; and
(ii) whose spouse or domestic partner has
not, during the 3-year period ending upon
acquisition of the eligible home to be acquired
using such assistance, had any present
ownership interest in a residence in any State,
excluding ownership of heir property or
ownership of chattel, whether the individual is
a co-borrower on the loan or not; or
(B) an individual who has at any time been placed
in foster care or institutional care whose spouse or
domestic partner has not, during the 3-year period
ending upon acquisition of the eligible home to be
acquired using such assistance, had any ownership
interest in a residence in any State, excluding
ownership of heir property or ownership of chattel,
whether such individuals are co-borrowers on the loan
or not.
(5) Heir property.--The term ``heir property'' means
residential property for which title passed by operation of law
through intestacy and is held by two or more heirs as tenants
in common.
(6) Ownership interest .--The term ``ownership interest''
means any ownership, excluding any interest in heir property,
in--
(A) real estate in fee simple;
(B) a leasehold on real estate under a lease for
not less than ninety-nine years which is renewable; or
(C) a fee interest in, or long-term leasehold
interest in, real estate consisting of a one-family
unit in a multifamily project, including a project in
which the dwelling units are attached, or are
manufactured housing units, semi-detached, or detached,
and an undivided interest in the common areas and
facilities which serve the project.
(7) Qualified homebuyer.--The term ``qualified homebuyer''
means a homebuyer--
(A) having an annual household income that is less
than or equal to--
(i) 120 percent of median income, as
determined by the Secretary, for--
(I) the area in which the home to
be acquired using such assistance is
located; or
(II) the area in which the place of
residence of the homebuyer is located;
or
(ii) 140 percent of the median income, as
determined by the Secretary, for the area
within which the eligible home to be acquired
using such assistance is located if the
homebuyer is acquiring an eligible home located
in a high-cost area;
(B) who is a first-time homebuyer, as such term is
defined in section 104 of the Cranston-Gonzalez
National Affordable Housing Act (42 U.S.C. 12704),
except that for the purposes of this section the
reference in such section 104 to title II shall be
considered to refer to this section, and except that
ownership of heir property shall not be treated as
owning a home for purposes of determining whether a
borrower qualifies as a first-time homebuyer; and
(C) who is a first-generation homebuyer.
(8) Secretary.--The term ``Secretary'' means the Secretary
of Housing and Urban Development.
(9) Shared equity homeownership program.--
(A) In general.--The term ``shared equity
homeownership program'' means affordable homeownership
preservation through a resale restriction program
administered by a community land trust, other nonprofit
organization, or State or local government or
instrumentalities.
(B) Affordability requirements.--Any such program
under subparagraph (A) shall--
(i) provide affordable homeownership
opportunities to households; and
(ii) utilize a ground lease, deed
restriction, subordinate loan, or similar
mechanism that includes provisions ensuring
that the program shall--
(I) maintain the homeownership unit
as affordable for subsequent very low-,
low-, or moderate-income families for
an affordability term of at least 30
years after recordation;
(II) apply a resale formula that
limits the homeowner's proceeds upon
resale; and
(III) provide the program
administrator or such administrator's
assignee a preemptive option to
purchase the homeownership unit from
the homeowner at resale.
(10) State.--The term ``State'' means any State of the
United States, the District of Columbia, the Commonwealth of
Puerto Rico, the United States Virgin Islands, Guam, the
Commonwealth of the Northern Mariana Islands, and American
Samoa.
(f) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 302. HOME LOAN PROGRAM.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated for fiscal year 2026, out of any amounts in the
Treasury not otherwise appropriated, to remain available until
September 30, 2033--
(1) $4,000,000,000 to the Secretary of Housing and Urban
Development for the cost of guaranteed or insured loans and
other obligations, including the cost of modifying such loans,
under subsection (e)(1)(A);
(2) $500,000,000 to the Secretary of Housing and Urban
Development for costs of carrying out the program under
paragraph (1) and programs of the Federal Housing
Administration and the Government National Mortgage Association
generally, including information technology, financial
reporting, and other cross-program costs in support of programs
administered by the Secretary in this title, and other costs;
(3) $150,000,000 to the Secretary of Agriculture for the
cost of guaranteed and insured loans and other obligations,
including the cost of modifying such loans, under subsection
(e)(1)(B);
(4) $50,000,000 to the Secretary of Agriculture for the
costs of carrying out the program under paragraph (3) and
programs of the Rural Housing Service generally, including
information technology and financial reporting in support of
the Program administered by the Secretary of Agriculture in
this title; and
(5) $300,000,000 to the Secretary of Treasury for the costs
of carrying out the program under this section.
(b) Use of Funds.--
(1) In general.--
(A) The Secretary of Housing and Urban Development
and the Secretary of Agriculture shall use the funds
provided under subsections (a)(1), (a)(2), (a)(3), and
(a)(4) to carry out the programs under subsections
(a)(1) and (a)(3) to make covered mortgage loans.
(B) The Secretary of the Treasury shall use the
funds provided under subsections (a)(5) and (b)(2) to--
(i) purchase, on behalf of the Secretary of
Housing and Urban Development, securities that
are secured by covered mortgage loans, and
sell, manage, and exercise any rights received
in connection with, any financial instruments
or assets acquired pursuant to the authorities
granted under this section, including, as
appropriate, establishing and using vehicles to
purchase, hold, and sell such financial
instruments or assets;
(ii) designate one or more banks, security
brokers or dealers, asset managers, or
investment advisers, as a financial agent of
the Federal Government to perform duties
related to authorities granted under this
section; and
(iii) use the services of the Department of
Housing and Urban Development on a reimbursable
basis, and the Secretary of Housing and Urban
Development is authorized to provide services
as requested by the Secretary of Treasury using
all authorities vested in or delegated to the
Department of Housing and Urban Development.
(2) Transfer of amounts to treasury.--Such portions of the
appropriation to the Secretary of Housing and Urban Development
shall be transferred by the Secretary of Housing and Urban
Development to the Department of the Treasury from time-to-time
in an amount equal to, as determined by the Secretary of the
Treasury in consultation with the Secretary of Housing and
Urban Development, the amount necessary for the purchase of
securities under the Program during the period for which the
funds are intended to be available.
(3) Use of proceeds.--Revenues of and proceeds from the
sale, exercise, or surrender of assets purchased or acquired
under the Program under this section shall be available to the
Secretary of the Treasury through September 30, 2033, for
purposes of purchases under subsection (b)(1)(B)(i).
(c) Limitation on Aggregate Loan Insurance or Guarantee
Authority.--The aggregate original principal obligation of all covered
mortgage loans insured or guaranteed under subsection (e)(1)(A) of this
section may not exceed $48,000,000,000, and under section (e)(1)(B) may
not exceed $12,000,000,000.
(d) GNMA Guarantee Authority and Fee.--To carry out the purposes of
this section, the Government National Mortgage Association may enter
into new commitments to issue guarantees of securities based on or
backed by mortgages insured or guaranteed under this section, not
exceeding $60,000,000,000, and shall collect guaranty fees consistent
with section 306(g)(1) of the National Housing Act (12 U.S.C.
1721(g)(1)) that are paid at securitization.
(e) Definitions.--In this section:
(1) Covered mortgage loan.--
(A) In general.--The term ``covered mortgage loan''
means, for purposes of the Program established by the
Secretary of Housing and Urban Development, a mortgage
loan that--
(i) is insured by the Federal Housing
Administration pursuant to section 203(b) of
the National Housing Act, subject to the
eligibility criteria set forth in this
subsection, and has a case number issued on or
before December 31, 2031;
(ii) is made for an original term of 20
years with a monthly mortgage payment of
principal and interest that is not more than
110 percent and not less than 100 percent of
the monthly payment of principal, interest, and
periodic mortgage insurance premium associated
with a newly originated 30-year mortgage loan
with the same loan balance insured by the
agency as determined by the Secretary;
(iii) subject to subparagraph (C) of this
paragraph and notwithstanding section 203(c)(2)
of the National Housing Act (12 U.S.C.
1709(c)(2)), has a mortgage insurance premium
of not more than 4 percent of the loan balance
that is paid at closing, financed into the
principal balance of the loan, paid through an
annual premium, or a combination thereof;
(iv) involves a rate of interest that is
fixed over the term of the mortgage loan; and
(v) is secured by a single-family residence
that is the principal residence of an eligible
homebuyer.
(B) The term ``covered mortgage loan'' means, for
purposes of the Program established by the Secretary of
Agriculture, a loan guaranteed under section 502(h) of
the Housing Act of 1949 (42 U.S.C. 1472(h)) that--
(i) notwithstanding section 502(h)(7)(A) of
the Housing Act of 1949 (42 U.S.C.
1472(h)(7)(A)), is made for an original term of
20 years with a monthly mortgage payment of
principal and interest that is not more than
110 percent and not less than 100 percent of
the monthly payment of principal, interest, and
loan guarantee fee associated with a newly
originated 30-year mortgage loan with the same
loan balance guaranteed by the agency as
determined by the Secretary; and
(ii) subject to subparagraph (C) of this
paragraph and notwithstanding section
502(h)(8)(A) of the Housing Act of 1949 (42
U.S.C. 1472(h)(8)(A)), has a loan guarantee fee
of not more than 4 percent of the principal
obligation of the loan.
(2) Eligible homebuyer.--The term ``eligible homebuyer''
means an individual who--
(A) for purposes of the Program established by the
Secretary of Housing and Urban Development--
(i) has an annual household income that is
less than or equal to--
(I) 120 percent of median income
for the area, as determined by the
Secretary of Housing and Urban
Development for--
(aa) the area in which the
home to be acquired using such
assistance is located; or
(bb) the area in which the
place of residence of the
homebuyer is located; or
(II) if the homebuyer is acquiring
an eligible home that is located in a
high-cost area, 140 percent of the
median income, as determined by the
Secretary, for the area within which
the eligible home to be acquired using
assistance provided under this section
is located;
(ii) is a first-time homebuyer, as defined
in paragraph (4) of this subsection; and
(iii) is a first-generation homebuyer as
defined in paragraph (3) of this subsection;
(B) for purposes of the Program established by the
Secretary of Agriculture--
(i) meets the applicable requirements in
section 502(h) of the Housing Act of 1949 (42
U.S.C. 1472(h)); and
(ii) is a first-time homebuyer as defined
in paragraph (4) of this subsection and a
first-generation homebuyer as defined in
paragraph (3) of this subsection.
(3) First-generation homebuyer.--The term ``first-
generation homebuyer'' means a homebuyer that, as attested by
the homebuyer, is--
(A) an individual--
(i) whose parents or legal guardians do
not, or did not at the time of their death, to
the best of the individual's knowledge, have
any present ownership interest in a residence
in any State or ownership of chattel, excluding
ownership of heir property; and
(ii) whose spouse, or domestic partner has
not, during the 3-year period ending upon
acquisition of the eligible home to be acquired
using such assistance, have any present
ownership interest in a residence in any State,
excluding ownership of heir property or
ownership of chattel, whether the individual is
a co-borrower on the loan or not; or
(B) an individual who has at any time been placed
in foster care or institutional care whose spouse or
domestic partner has not, during the 3-year period
ending upon acquisition of the eligible home to be
acquired using such assistance, had any ownership
interest in a residence in any State, excluding
ownership of heir property or ownership of chattel,
whether such individuals are co-borrowers on the loan
or not.
(4) First-time homebuyer.--The term ``first-time
homebuyer'' means a homebuyer as defined in section 104 of the
Cranston-Gonzalez National Affordable Housing Act (42 U.S.C.
12704), except that for the purposes of this section the
reference in such section 12704(14) to title II shall be
considered to refer to this section, and except that ownership
of heir property shall not be treated as owning a home for
purposes of determining whether a borrower qualifies as a
first-time homebuyer.
(5) Heir property.--The term ``heir property'' means
residential property for which title passed by operation of law
through intestacy and is held by two or more heirs as tenants
in common.
(6) Ownership interest.--The term ``ownership interest''
means any ownership, excluding any interest in heir property,
in--
(A) real estate in fee simple;
(B) a leasehold on real estate under a lease for
not less than ninety-nine years which is renewable; or
(C) a fee interest in, or long-term leasehold
interest in, real estate consisting of a one-family
unit in a multifamily project, including a project in
which the dwelling units are attached, or are
manufactured housing units, semi-detached, or detached,
and an undivided interest in the common areas and
facilities which serve the project.
(7) State.--The term ``State'' means the States of the
United States, the District of Columbia, the Commonwealth of
Puerto Rico, the Commonwealth of the Northern Mariana Islands,
Guam, the Virgin Islands, American Samoa, the Trust Territory
of the Pacific Islands, and any other territory or possession
of the United States.
(f) Reliance on Borrower Attestations.--No additional documentation
beyond the borrower's attestation shall be required to demonstrate
eligibility under clauses (ii) and (iii) of subsection (e)(2)(A) and
clause (ii) of subsection (e)(2)(B) and no State, eligible entity, or
creditor shall be subject to liability based on the accuracy of such
attestation.
(g) Implementation.--The Secretary of Housing and Urban
Development, the Secretary of Agriculture, and the Secretary of
Treasury shall have authority to issue such regulations, notices, or
other guidance, forms, instructions, and publications to carry out the
programs, projects, or activities authorized under this section to
ensure that such programs, projects, or activities are completed in a
timely and effective manner.
SEC. 303. HUD-INSURED SMALL DOLLAR MORTGAGE DEMONSTRATION PROGRAM.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Secretary of Housing and Urban Development
(in this section referred to as the ``Secretary'') for fiscal year
2026, out of any money in the Treasury not otherwise appropriated, to
remain available until September 30, 2033--
(1) $76,000,000 for a program to increase access to small-
dollar mortgages, as defined in subsection (b), which may
include payment of incentives to lenders, adjustments to terms
and costs, individual financial assistance, technical
assistance to lenders and certain financial institutions to
help originate loans, lender and borrower outreach, and other
activities;
(2) $10,000,000 for the cost of insured or guaranteed
loans, including the cost of modifying loans; and
(3) $14,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and programs in the Office of Housing generally, including
information technology, financial reporting, research and
evaluations, fair housing and fair lending compliance, and
other cross-program costs in support of programs administered
by the Secretary in this title, and other costs.
(b) Small-Dollar Mortgage.--For purposes of this section, the term
``small-dollar mortgage'' means a forward mortgage that--
(1) has an original principal balance of $100,000 or less;
(2) is secured by a one- to four-unit property that is the
mortgagor's principal residence; and
(3) is insured or guaranteed by the Secretary.
(c) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
SEC. 304. INVESTMENTS IN RURAL HOMEOWNERSHIP.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated to the Rural Housing Service of the Department of
Agriculture for fiscal year 2026, out of any money in the Treasury not
otherwise appropriated, to remain available until expended--
(1) $90,000,000 for providing single family housing repair
grants under section 504(a) of the Housing Act of 1949 (42
U.S.C. 1474(a)), subject to the terms and conditions in
subsection (b) of this section;
(2) $10,000,000 for administrative expenses of the Rural
Housing Service of the Department of Agriculture that in whole
or in part support activities funded by this section and
related activities.
(b) Terms and Conditions.--
(1) Eligibility.--Eligibility for grants from amounts made
available by subsection (a)(1) shall not be subject to the
limitations in section 3550.103(b) of title 7, Code of Federal
Regulations.
(2) Uses.--Notwithstanding the limitations in section
3550.102(a) of title 7, Code of Federal Regulations, grants
from amounts made available by subsection (a)(2) shall be
available for the eligible purposes in section 3550.102(b) of
title 7, Code of Federal Regulations.
(c) Implementation.--The Administrator of the Rural Housing Service
shall have authority to issue such regulations, notices, or other
guidance, forms, instructions, and publications to carry out the
programs, projects, or activities authorized under this section to
ensure that such programs, projects, or activities are completed in a
timely and effective manner.
TITLE IV--HUD ADMINISTRATION, CAPACITY BUILDING, TECHNICAL ASSISTANCE,
AND AGENCY OVERSIGHT
SEC. 401. PROGRAM ADMINISTRATION, TRAINING, TECHNICAL ASSISTANCE,
CAPACITY BUILDING, AND OVERSIGHT.
(a) Appropriation.--In addition to amounts otherwise available,
there is appropriated for fiscal year 2026, out of any money in the
Treasury not otherwise appropriated,--
(1) $949,250,000 to the Secretary of Housing and Urban
Development for--
(A) the costs to the Secretary of administering and
overseeing the implementation of this title and the
Department's programs generally, including information
technology, inspections of housing units, research and
evaluation, financial reporting, and other costs; and
(B) new awards or increasing prior awards to
provide training, technical assistance, and capacity
building related to the Department's programs,
including direct program support to program recipients
throughout the country, including insular areas, that
require such assistance with daily operations;
(2) $43,250,000 to the Office of Inspector General of the
Department of Housing and Urban Development for necessary
salaries and expenses for conducting oversight of amounts
provided by this title;
(3) $5,000,000 to the Office of Inspector General of the
Department of the Treasury for necessary salaries and expenses
for conducting oversight of amounts provided by this title; and
(4) $2,500,000 to the Office of Inspector General of the
Department of the Agriculture for necessary salaries and
expenses for conducting oversight of amounts provided by this
title.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Implementation.--The Secretary of Housing and Urban Development
shall have authority to issue such regulations, notices, or other
guidance, forms, instructions, and publications to carry out the
programs, projects, or activities authorized under this section to
ensure that such programs, projects, or activities are completed in a
timely and effective manner.
SEC. 402. COMMUNITY-LED CAPACITY BUILDING.
(a) Appropriation.--In addition to amounts otherwise made
available, there is appropriated to the Secretary of Housing and Urban
Development (in this section referred to as the ``Secretary'') for
fiscal year 2026, out of any money in the Treasury not otherwise
appropriated--
(1) $90,000,000 for competitively awarded funds for
technical assistance and capacity building to non-Federal
entities, including grants awarded to nonprofit organizations
to provide technical assistance activities to community
development corporations, community housing development
organizations, community land trusts, nonprofit organizations
in insular areas, and other mission-driven and nonprofit
organizations that target services to low-income and socially
disadvantaged populations, and provide services in
neighborhoods having high concentrations of minority, low-
income, or socially disadvantaged populations to--
(A) provide training, education, support, and
advice to enhance the technical and administrative
capabilities of community development corporations,
community housing development organizations, community
land trusts, and other mission-driven and nonprofit
organizations undertaking affordable housing
development, acquisition, preservation, or
rehabilitation activities;
(B) provide predevelopment assistance to community
development corporations, community housing development
organizations, and other mission-driven and nonprofit
organizations undertaking affordable housing
development, acquisition, preservation, or
rehabilitation activities; and
(C) carry out such other activities as may be
determined by the grantees in consultation with the
Secretary; and
(2) $10,000,000 for the costs to the Secretary of
administering and overseeing the implementation of this section
and the Department's technical assistance programs generally,
including information technology, research and evaluations,
financial reporting, and other cross-program costs in support
of programs administered by the Secretary in this title and
other costs.
Amounts appropriated by this section shall remain available until
September 30, 2033.
(b) Implementation.--The Secretary shall have authority to issue
such regulations, notices, or other guidance, forms, instructions, and
publications to carry out the programs, projects, or activities
authorized under this section to ensure that such programs, projects,
or activities are completed in a timely and effective manner.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Appropriations, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Appropriations, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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