Working Families Home Construction Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Jun 25, 2026
What it does
The Working Families Home Construction Act of 2026 would allow Fannie Mae and Freddie Mac to purchase and securitize certain residential construction loans to support the development of owner-occupied homes for families earning between 90% and 130% of area median income. The bill sets specific loan limits—up to $100,000 per dwelling unit and $2.4 million per project—and requires borrowers to contribute at least 10% of project costs, verify financial viability and community support, and use funds for land acquisition, infrastructure, construction, or related expenses. It also mandates that homebuyers occupy the unit for at least one year via a restrictive covenant and allocates 22% of each…
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.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.