Shontel Brown (D-OH)
Housing Supply Fund Act of 2026
A Democratic bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, 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.
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
The Housing Supply Fund Act of 2026 aims to increase the supply of affordable homes and expand housing options. It establishes a Housing Supply Fund within the CDFI Fund, overseen by the Secretary of the Treasury. This fund will provide competitive grants to eligible grantees, including certain financial institutions and nonprofit organizations. The money is intended for the development, preservation, and financing of affordable housing for low-income families and specific homeowners. Additionally, the funds can support economic development and community service facilities related to housing. The bill appropriates $500,000,000 for each fiscal year from 2026 through 2030.
Yes· 3 of 20
- Scored +10
Does this make housing cost less?
The bill directly funds the development and preservation of affordable housing for low-income families.
- Scored +9
Would households on low incomes be better off under this?
The bill specifically targets low-, very low-, and extremely low-income families for housing support.
- Scored +6
Is this likely to reduce homelessness?
Increasing affordable housing supply can help reduce homelessness by providing more options for vulnerable populations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Affordable Housing Options: The bill directs money toward the development, preservation, rehabilitation, and purchase of affordable housing (Section 2(b)(1)). This targets low-, very low-, and extremely low-income renters, as well as homeowners earning up to 120 percent of the area median income (Section 2(b)(1)(A)-(B)).
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Support for Homeowners: The fund provides resources for homeowners with incomes not exceeding 120 percent of the area median income (Section 2(b)(1)(B)).
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Diverse Housing Solutions: Grantees can use funds for various positive actions, such as converting commercial properties to affordable housing, acquiring land for housing development, and supporting the creation or rehabilitation of resident-owned manufactured housing communities (Section 2(c)(3)(A)-(B)).
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Community and Economic Growth: The bill allows for investment in economic development and community service facilities that are related to housing (Section 2(b)(2)).
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Geographic Inclusion: The Secretary is tasked with seeking out projects in diverse areas, which includes urban, suburban, rural, Tribal, and territorial locations (Section 2(e)(3)).
Potential Negative Impacts for People
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Time Constraints on Funds: There is a requirement that grant amounts must be committed for use within 4 years, or the Secretary may waive or change this deadline (Section 2(g)(2)(A)).
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Risk of Losing Funds: If the funds are not used or committed within the required timeframe, the Secretary will take the money back to use for future grant rounds (Section 2(g)(2)(B)).
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 households on low incomes be better off under this? — The bill specifically targets low-, very low-, and extremely low-income families for housing support. Would middle-income households be better off under this? — The bill provides support for homeowners earning up to 120 percent of the area median income. Would people in rural areas be better off under this? — The bill specifically includes rural areas in its geographic diversity goals. Would people in cities be better off under this? — The bill specifically targets urban areas for housing development. Would people in middle age be better off under this? — Increased housing supply can benefit middle-income homeowners. Would Native Americans be better off under this? — The bill includes a mandate to seek out projects in Tribal areas. Would retired people be better off under this? — Housing stability is important for retirees on fixed incomes. Would people over 65 be better off under this? — The bill includes support for homeowners and potentially those needing stable housing options. Would students be better off under this? — Increased housing supply can help students seeking affordable living options. Would people in their twenties and thirties be better off under this? — Expanded housing options can benefit younger generations facing affordability issues. Would business owners be better off under this? — Housing development provides opportunities for construction and development businesses.
- Social Issues And Justice
- Does this make housing cost less? — The bill directly funds the development and preservation of affordable housing for low-income families. Is this likely to reduce homelessness? — Increasing affordable housing supply can help reduce homelessness by providing more options for vulnerable populations. Is this likely to lift people out of poverty? — Providing stable and affordable housing is a key component in reducing poverty.
- Environment Energy And Infrastructure
- Does this improve buses, trains and other public transport? — The bill explicitly allows for investment in transit-oriented development projects. Does this invest in rural communities? — The bill directs the Secretary to seek diverse geographic areas including rural locations.
- Economy And Finance
- Is this likely to grow the economy? — Investing in housing and community services can bolster local economies. Is this likely to create jobs? — Increased housing development can stimulate local construction and economic activity. Is this likely to slow the rise in prices? — Increasing housing supply can help mitigate long-term housing inflation pressures.
- Governance And Ideology
- Does this give the federal government more power? — The bill involves significant federal funding managed by the Secretary of the Treasury.
- 10/1/2026
- 1 Cosponsor added.
- 6/11/2026
- Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, 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.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Emilia SykesDemocrat · Ohio