S 1527 · in committee · significant
Housing Affordability Act
- housing
What this bill does
- The bill increases loan limits for FHA mortgage insurance on multifamily rental housing and other residential properties.
- Landlords, developers, and borrowers seeking FHA-insured mortgages for rental and cooperative housing are affected.
- The bill changes how loan limits are adjusted annually, using a construction-specific inflation index instead of the consumer price index.
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Community Threads
Started by Cosponsor
- 01
How might using a construction-specific inflation index instead of the consumer price index affect the accuracy of FHA loan limits over time?
- 02
What evidence supports the assumption that higher FHA loan limits will increase the supply of affordable rental housing rather than primarily benefiting developers?
- 03
Who bears the financial risk if FHA-insured loans on multifamily properties default at higher rates after loan limits increase?
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Sponsor · D-AZ
Ruben Gallego
Citizen cosponsors
0
In Congress
2/ 100
Senators cosponsoring
Introduced 2025-04-30
Joining the bill
Legislative timeline
2025-04-30 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-04-30 · IntroReferral
Introduced in Senate
Citizen comments
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