Sponsors (2)
The bill seeks to boost small housing businesses' access to SBA resources and strengthen SBA–HUD coordination to encourage housing production and innovation, but it risks increased federal costs and financial exposure, may not produce immediate housing affordability gains, and could leave some contributors excluded or low‑income renters underserved.
Small housing-industry businesses (builders, developers, contractors, property managers) will have clearer eligibility and expanded access to SBA loans, programs, and tailored capital/technical assistance, making it easier to start, grow, or scale housing production businesses.
SBA and HUD will coordinate more closely (including shared outreach through SBDCs, Women’s Business Centers, and Veteran centers), which can streamline counseling, reduce duplication, and increase assistance reach—especially in rural and underserved communities.
Renters and prospective homeowners could benefit from increased focus on housing supply if targeted assistance to small builders results in more affordable, quality housing units.
Taxpayers could face higher federal costs and greater financial risk if expanded loan access and new/support programs increase administrative spending or borrower defaults without sufficient safeguards.
Emphasizing support for small private builders may shift policy toward production subsidies rather than affordability protections, potentially leaving low-income renters without stronger tenant protections or direct affordability programs.
The bill's findings and recognition alone do not create new funding or immediate housing supply changes, so Americans may see little short‑term impact on housing availability or affordability.
Based on analysis of 4 sections of legislative text.
Requires SBA and HUD to produce an interagency plan within 180 days to expand capital access and coordinate assistance for housing industry small businesses.
Introduced March 26, 2026 by Jacklyn Sheryl Rosen · Last progress March 26, 2026
Requires the Small Business Administration (SBA) to work with the Department of Housing and Urban Development (HUD) to create an interagency plan, due within 180 days of enactment, that expands access to capital, increases awareness of financial and technical assistance, and removes barriers for housing industry small businesses (including rural and underserved firms). The plan must assess gaps, propose reforms to SBA lending programs, recommend tailored programming and partner coordination, engage local stakeholders, and be submitted to and published for appropriate congressional committees. Also defines key terms (including what counts as a “housing industry small business”), adopts existing statutory definitions for small business entities and resource partners, and states congressional findings about the role of small housing firms in boosting housing supply.