Bills · HR 4266
IN COMMITTEE· 119TH CONGRESS
House BillHR 4266Housing and Community Development
Housing for US Act
INTRO JUN 30· LAST ACTION JUN 30
READING
20MIN
COSPONSORS
2
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it attempts to address the growing housing affordability crisis, particularly for middle-income families who often struggle to find suitable homes in many areas. By dedicating potential federal funds specifically to building new housing supply, it could help ease demand and potentially stabilize or lower housing costs. If this bill becomes law, it would create a dedicated, long-term funding stream at the state level for housing development, using a unique source of federal money.
If it doesn't become law, any future federal funds received from the release of Fannie Mae and Freddie Mac would likely go into the general treasury, without a specific program for middle-class housing. This could mean a missed opportunity to leverage significant federal resources to directly tackle a critical national issue that impacts economic stability and quality of life for many families.
KEY PROVISIONS
5AI-extractedPROVISION 01
Any amounts received by the federal government from the release of Fannie Mae and Freddie Mac will be transferred to a trust fund for a period of 10 years.
This ensures a specific source of potential federal funding is dedicated to housing rather than being absorbed into general government spending.
PROVISION 02
The Secretary of Housing and Urban Development will make capitalization loans from this trust fund to states to establish housing revolving loan funds.
This creates a direct mechanism for federal funds to be distributed to states for targeted housing development initiatives.
PROVISION 03
States must contribute a non-federal match equal to at least 20% of the federal loan amount to their state housing funds.
This encourages states to invest their own resources and share financial responsibility for housing initiatives, promoting local commitment.
PROVISION 04
State revolving loan funds will provide loans or loan guarantees to eligible local governments and non-profits to build or rehabilitate housing for middle-class Americans (80-165% Area Median Income).
This directly supports projects that increase the supply of housing for a specific, often underserved, income bracket.
PROVISION 05
After 10 years, states must repay the original federal capitalization loans to the U.S. Treasury, with those funds dedicated to deficit reduction, while the state revolving funds continue indefinitely.
This ensures the original federal investment is eventually returned to help reduce the national debt, while state funds become self-sustaining through loan repayments and interest.
SPONSORSHIP
1 + 2
D· New York
YRS IN OFFICE
9
BILLS LED
26
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 2 IND 0
ACTION TIMELINE
2 EVENTSJUN 30
Introduced in House
JUN 30
Referred to the House Committee on Financial Services.
BILL INFO
TypeHouse Bill
NumberHR 4266
Congress119th
StatusIn Committee
IntroducedJun 30, 2025
Last actionJun 30, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED JUN 30, 2025
House BillHR 4266Housing and Community Development
Housing for US Act
INTRODUCED JUN 30, 2025· LAST ACTION JUN 30, 2025
PASSAGE CHANCES
—%
READING
20 min
COSPONSORS
2
COMPLEXITY
Moderate
