Sponsors (37)
The bill increases interagency coordination and data-sharing to expand housing supply, lower consumer costs, and improve access—especially for low-income households and disaster-affected homeowners—while imposing administrative costs, raising privacy and fiscal risks, and potentially reducing program flexibility.
State and local governments, veterans, low-income households, homeowners, and renters will get more coordinated federal programs and proposals as HUD, USDA, VA, Treasury, and FHFA align policies—reducing duplication, improving targeting, and producing coordinated regulatory proposals to boost housing supply.
Homebuyers and renters could face lower mortgage and transaction costs if agencies align underwriting and servicing standards, reducing origination and servicing expenses.
Low-income households will gain expanded access to down-payment assistance and transaction incentives that can improve access to homeownership.
Federal agencies and taxpayers will face additional administrative burden and costs to negotiate, prepare reports, implement MOUs, and maintain shared systems, which may divert agency resources or require funds from existing budgets.
Homeowners, renters, and other beneficiaries could face increased privacy and data‑security risks from centralized interagency data sharing if protections are insufficient.
Taxpayers could incur higher costs if proposals to reduce insurance or other housing-related costs rely on federal interventions or subsidies, requiring trade‑offs with other programs.
Based on analysis of 3 sections of legislative text.
Requires five federal housing agencies to create a data-sharing agreement and jointly report policy proposals on seven housing topics within one year.
Introduced September 16, 2025 by Mark Alford · Last progress September 16, 2025
Requires five federal housing-related agencies to create an interagency agreement to share housing research and market data and, within one year, jointly deliver a unified report with policy proposals on seven housing topics (finance coordination; mortgage origination/servicing cost reduction; construction costs and production barriers; local regulatory barriers; insurance costs and availability; down payment assistance and transaction incentives; disaster resilience and recovery). The bill sets a one-year deadline for the memorandum of understanding and the joint report to specified congressional committees.