To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

Summary

This bill increases the required contributions of Federal Home Loan Banks to the Affordable Housing Program established by each bank. These programs subsidize interest rates for member banks to finance (1) mortgages for low- and moderate-income individuals; and (2) the purchase, construction, or rehabilitation of affordable rental housing. Specifically, the bill increases the percentage of yearly net income that each Federal Home Loan Bank must contribute to these programs from 10% to 15%.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

House Committee on Financial Services · U.S. House of Representatives

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Full history

1. Sep 16, 2026

   Committee vote

   Committee Consideration and Mark-up Session Held

2. Sep 16, 2026

   Committee vote

   Committee Consideration and Mark-up Session Held

3. Sep 16, 2026

   Reported out of committee

   Ordered to be Reported Unfavorably (Amended) by the Yeas and Nays: 21 - 28.

4. Sep 16, 2026

   Reported out of committee

   Ordered to be Reported Unfavorably (Amended) by the Yeas and Nays: 21 - 28.

5. Sep 8, 2026

   Introduced

   Introduced in House

   U.S. House of Representatives

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