Bills · HR 6328
IN COMMITTEE· 119TH CONGRESS
House BillHR 6328Commerce
Main Street Home Builders Act of 2025
INTRO NOV 28· LAST ACTION NOV 28
READING
4MIN
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-writtenVoters should care about this bill because it aims to address the supply of rental housing, a significant issue in many communities. If passed, it could stimulate the construction and improvement of more rental properties by making it easier for small businesses in this sector to get financial assistance. This might lead to more available apartments and potentially more affordable housing options, depending on market dynamics.
Without this bill, small businesses focusing on build-to-rent housing might continue to face barriers in accessing SBA loans due to existing classifications or requirements, potentially slowing down the development of new rental housing. The bill changes how the federal government supports a specific segment of the housing market, which could have a tangible impact on local economies and housing availability.
KEY PROVISIONS
5AI-extractedPROVISION 01
Establishes a new "505 Pilot Program" within the Small Business Administration (SBA) to provide loans for build-to-rent multifamily housing projects.
This creates a dedicated program to support the construction and management of rental housing, which is currently a significant area of need.
PROVISION 02
Exempts participating small businesses from being considered "speculative" or "passive," which typically makes them ineligible for certain SBA loans.
This removes a significant barrier, making it easier for small businesses focused on rental housing to access government-backed financing.
PROVISION 03
Removes requirements for job creation and limitations on leasing that usually apply to similar SBA loans for projects under this pilot program.
This simplifies the loan process and allows businesses more flexibility in developing and managing rental properties without certain strings attached.
PROVISION 04
Limits the amount of existing SBA Title V loan appropriations that can be used for the pilot program each fiscal year, up to $3 billion annually by 2028.
This sets clear spending boundaries for the program, managing its financial impact on existing SBA lending.
PROVISION 05
Requires all funded projects to create at least one additional dwelling unit, whether through new construction or renovation.
This ensures that the program directly contributes to increasing the overall supply of housing units.
SPONSORSHIP
1 + 2
D· Virginia
YRS IN OFFICE
1
BILLS LED
73
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 2 IND 0
ACTION TIMELINE
2 EVENTSNOV 28
Introduced in House
NOV 28
Referred to the House Committee on Small Business.
BILL INFO
TypeHouse Bill
NumberHR 6328
Congress119th
StatusIn Committee
IntroducedNov 28, 2025
Last actionNov 28, 2025
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IN COMMITTEE· 119TH CONGRESS · SMALL BUSINESS COMMITTEE · INTRODUCED NOV 28, 2025
House BillHR 6328Commerce
Main Street Home Builders Act of 2025
INTRODUCED NOV 28, 2025· LAST ACTION NOV 28, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
2
COMPLEXITY
Moderate
