Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 47
- Latest action
- Jul 21, 2025
What it does
The SUPPLY Act would amend the National Housing Act to create a new program administered by the Secretary of Housing and Urban Development that insures certain second liens on properties used to finance the construction of accessory dwelling units (ADUs), such as backyard cottages or in-law suites. The program would allow borrowers to obtain insurance for loans covering up to 30% of the value of a one-unit residence or 100% of the projected post-construction property value, with potential increases based on expected rental income from the ADU. The bill also permits Fannie Mae and Freddie Mac to purchase and securitize these insured loans, subject to oversight by the Federal Housing Finance…
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.