Sponsors
The bill would significantly expand federal support for housing — adding vouchers, large grant and tax‑credit resources, workforce training, and eviction‑prevention infrastructure — while trading off higher federal spending and new wage/apprenticeship mandates that raise costs, administrative burdens, and risks of excluding smaller or rural providers.
Low-income renters: receive access to 1,000,000 additional tenant-based housing vouchers over FY2026–FY2035, reducing rent burdens and eviction risk.
State and local housing programs: get substantially more federal funding and expanded housing tax-credit authority to accelerate affordable and workforce housing development across jurisdictions.
Communities and people experiencing homelessness: receive new competitive and formula grants (including acquisition and conversion grants) that expand the supply of rental and shelter units by converting buildings and acquiring housing.
Taxpayers and federal budget: the bill authorizes large new spending (vouchers, grants, tax-credit increases, and administrative funding) that raises federal outlays and could increase deficits or crowd out other priorities if not offset.
Developers, eligible borrowers, and low-income households: prevailing‑wage (Davis‑Bacon) and apprenticeship mandates will likely raise construction labor costs and timelines, which could reduce the number of units produced or increase program costs.
State and local administrators, nonprofit providers, and grantees: tighter reporting, Davis‑Bacon rules, apprenticeship ratios, and other compliance rules increase administrative and bureaucratic burdens, raising costs and slowing project delivery.
Based on analysis of 12 sections of legislative text.
Expands housing supply and tenant supports by raising housing credit caps, funding middle‑income loans and conversions, adding vouchers, and creating HUD offices and an interagency council.
Introduced December 11, 2025 by Adam Schiff · Last progress December 11, 2025
Creates new federal programs and funding to build, convert, and preserve affordable and middle‑income rental housing, expand tenant supports, and coordinate federal housing policy. Key actions include raising state housing tax credit caps, creating a Middle Income Housing Construction Loan Fund and a competitive Conversion Program, adding 1,000,000 tenant‑based vouchers over FY2026–2035, expanding McKinney‑Vento homelessness funding, establishing a HUD Office of Eviction Prevention and a HUD housing navigator grant program, and forming an independent Interagency Council on Housing Affordability and Preservation. Construction projects funded under the bill must meet Davis‑Bacon prevailing wage and apprenticeship requirements.