H.R.9540

H. R. 9540

June 30, 2026

Ms. Balint (for herself, Mr. García of Illinois, Mr. Goldman of New York, Ms. Norton, Ms. Stansbury, Mr. Mullin, Mr. Jackson of Illinois, Mr. Johnson of Georgia, Ms. Garcia of Texas, Mrs. McIver, Ms. Omar, Ms. Tlaib, Mr. McGovern, and Mrs. Ramirez) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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

A BILL

To address the housing crisis through strong perpetual affordability provisions and shared equity housing models, bold investments to increase and preserve the national affordable housing supply, center inclusive local zoning and land use, provide relief for rural renters, and funding paths to homeownership.

1. Short title; Table of contents; 2. Congressional findings; 3. Severability; TITLE I—INVESTMENTS IN HOUSING SUPPLY; 101. Housing trust fund; 102. GSE basis point fee; 103. Capital magnet fund; 104. Investments in affordable and accessible housing production; 105. Unlocking possibilities program; 106. Repeal of Faircloth Amendment; 107. Establishment of HUD Office of Community Land Use and Zoning; TITLE II—RENTAL SUPPORT AND PERPETUAL AFFORDABILITY; 201. HUD eviction protection grant program; 202. Shared equity housing resources; 203. Homeownership assistance; 204. Report on tax on secondary homes; 205. Shared equity housing fund; 206. Historic Tax Credit Modernization; TITLE III—LOW-COST FINANCING FOR AFFORDABLE HOUSING PROJECTS; 301. Expanding Federal Home Loan Bank Contributions to Affordable Housing; 302. Continuation of FHA–FFB affordable rental housing financing partnership; 303. Allow GSES to purchase mezzanine debt; TITLE IV—RURAL HOUSING; 401. Permanent establishment of housing preservation and revitalization program; decoupling rental assistance; 402. Interagency task force to coordinate delivery of substance use disorder treatment and affordable housing availability; 403. Rural rental housing loans