Permanent Housing Affordability Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Mar 26, 2026
What it does
The Permanent Housing Affordability Act would establish two federal programs to support shared equity homeownership models: a $100 million Lasting Home Affordability Fund administered by the Secretary of the Treasury to provide low-interest construction loans to eligible entities, and a $100 million per year pilot grant program (2027–2031) administered by the Secretary of Housing and Urban Development to help eligible entities purchase land or properties for affordable housing development. The bill defines and promotes community land trusts and other nonprofit or governmental entities that use legally enforceable mechanisms—such as ground leases or deed restrictions—to ensure housing…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.