A Democratic bill with 1 Republican cosponsor · See all 2 cosponsors
Last activity — Referred to the House Committee on Small Business.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the Protect Our Homes Act. It amends the Small Business Act to set up a Residential Common Area Repair Loan program. Through this program, the Small Business Administration can make supplemental disaster loans to homeowner associations and similar organizations. These loans are meant to help repair residential common areas damaged by disasters. They can also be used to put disaster mitigation measures in place.
Yes· 3 of 15
- Scored +6
Does this improve help for people hit by a disaster?
Establishes a dedicated supplemental loan program to help homeowner associations recover from natural disasters and implement mitigation measures.
- Scored +4
Does this make it easier to run a small business?
Amends the Small Business Act to establish a dedicated disaster loan program administered through the SBA.
- Scored +4
Does this make housing cost less?
Helps homeowner associations and residential communities repair and protect housing infrastructure from disaster damage.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Assistance for Homeowner Associations: Under Section 2, adding subsection (o)(1)(A) to the Small Business Act, loans are provided to covered entities like homeowner associations to make necessary repairs to residential common areas damaged by natural disasters or acts of God. This helps communities recover physically and financially from events like water, wind, or fire damage.
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Future Disaster Protection: Under Section 2, adding subsection (o)(1)(B) to the Small Business Act, loans are offered to eligible entities in recent disaster areas to implement measures that protect property from possible future disasters. This allows communities to proactively safeguard their neighborhoods.
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Collateral Relief for Smaller Loans: Under Section 2, adding subsection (o)(3)(D) to the Small Business Act, the Administration is prohibited from requiring collateral for program loans of $14,000 or less, or a higher amount in the event of a major disaster. This makes smaller loans more accessible without risking personal property as collateral.
Potential Negative Impacts for People
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Debt Burden: Under Section 2, adding subsections (o)(1)(A) and (o)(1)(B) to the Small Business Act, communities are taking on loans that must eventually be repaid, which can increase the financial burden on homeowners who make up the membership of these organizations.
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Borrowing Limits: Under Section 2, adding subsection (o)(3)(A) to the Small Business Act, the aggregate loan amount is capped at $500,000 for standard borrowers, unless the borrower constitutes a major source of employment in the disaster area. This cap may not be enough to fully cover extensive damages or mitigation projects in larger communities.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — Provides support for homeowner associations acting as community management entities. Would people in middle age be better off under this? — Assists homeowners and families living in residential communities with common area disaster recovery and protection. Would middle-income households be better off under this? — Assists middle-class homeowners in residential communities with financing costly common area disaster repairs. Would retired people be better off under this? — Supports retirees living in planned communities and condominiums with post-disaster infrastructure recovery. Would people over 65 be better off under this? — Particularly helps older adults living in condominiums and managed communities maintain stable housing after natural disasters. Would high-income households be better off under this? — Helps property owners in managed communities preserve property values through disaster mitigation loans. Would people in rural areas be better off under this? — Assists rural residential associations impacted by natural disasters. Would people in cities be better off under this? — Benefits urban and suburban residents living in managed multi-unit residential communities. Would people in their twenties and thirties be better off under this? — Benefits younger homeowners living in managed communities through better disaster recovery and mitigation support. Would households on low incomes be better off under this? — Provides minor collateral relief for small loans, though overall reliance on repayable loans poses some debt burden.
- Economy And Finance
- Does this make it easier to run a small business? — Amends the Small Business Act to establish a dedicated disaster loan program administered through the SBA. Is this likely to grow the economy? — Provides targeted loan assistance to help communities recover from disasters and invest in mitigation infrastructure.
- Environment Energy And Infrastructure
- Does this improve help for people hit by a disaster? — Establishes a dedicated supplemental loan program to help homeowner associations recover from natural disasters and implement mitigation measures.
- Social Issues And Justice
- Does this make housing cost less? — Helps homeowner associations and residential communities repair and protect housing infrastructure from disaster damage.
- Governance And Ideology
- Does this give the federal government more power? — Expands the authority of the Small Business Administration to offer specialized disaster loans.
- 10/1/2026
- 1 Cosponsor added.
- 6/4/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Eleanor NortonDemocrat · District of Columbia
Jimmy PatronisRepublican · Florida