Sponsors (2)
Directs the SBA to coordinate with HUD and produce an interagency plan within 180 days to expand financing, technical assistance, and program access for housing-industry small businesses.
Official title: Require interagency coordination to support housing industry business, and for other purposes.
Introduced March 26, 2026 by Jacklyn Sheryl Rosen · Last progress March 26, 2026
The bill aims to channel SBA/HUD resources, clarify responsibilities, and boost financing and assistance for housing-sector small businesses — especially in rural areas — but relies on agency implementation and funding choices that could leave some firms excluded, impose administrative burdens, and raise federal costs.
Housing industry small businesses (builders, contractors, property managers, related firms) will have clearer eligibility and expanded access to SBA/HUD financing and loan reforms, making it easier to obtain capital for construction and development projects.
Housing small businesses will get more coordinated technical assistance and trainings from SBA/HUD, simplifying access to counseling, business support services, and program resources.
Rural and underserved housing firms will receive an explicit focus, increasing the chance of new investments and local economic activity in disadvantaged communities.
Some housing-related small businesses may be left out because the bill's illustrative examples and cross-references to existing Small Business Act size definitions could narrow eligibility or create confusing thresholds.
Without dedicated funding, clear timelines, or statutory guarantees, promised improvements (capital access, technical assistance, outreach) may be uneven across regions, leaving many rural or disadvantaged firms with little practical benefit.
Expanding loan guarantees, new programs, or additional grants could increase federal program costs, meaning higher taxpayer exposure or budgetary trade-offs elsewhere.
Based on analysis of 4 sections of legislative text.
Directs the Small Business Administration to work with the Department of Housing and Urban Development to help small businesses that build, repair, manage, or otherwise supply housing. Within 180 days of enactment the SBA must publish and submit to Congress an interagency plan to expand financing, streamline technical assistance, improve program awareness, and reduce barriers for housing-industry small businesses, developed with state/local governments, resource partners, nonprofits, and affected businesses.