S.3754

Affordable Housing and Homeownership Protection Act of 2026 imposes tax on large investors purchasing single-family homes and allocates funds to.

The Affordable Housing and Homeownership Protection Act of 2026 amends the Internal Revenue Code to impose a tax on certain large investors purchasing single-family homes. The tax rate varies based on the number of homes owned by the investor, with rates of 1%, 3%, and 5% for medium-sized, large, and giant investors, respectively. The revenue generated from this tax is allocated to the Housing Trust Fund and the Capital Magnet Fund. The bill also modifies the minimum allocation for the Housing Trust Fund for small states.