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119-hr-10901119th Congress

Streamlining Affordable Housing Act of 2026

Sponsored By: Representative Torres, Norma J. [D-CA-35]

Introduced

Summary

Streamlining state financing to speed affordable housing production. This bill would create a HUD formula grant program that gives States grants to consolidate and simplify the financing support they offer to builders, including a single universal application and technical assistance.

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  • States: States could consolidate financing functions into a single entity, reorganize or restructure agencies, hire staff to run the program, and opt in to a population-based grant formula that includes territories. Administrative costs for the grants are capped.
  • Builders and developers: Builders would get a single application, technical assistance, and help to streamline Low Income Housing Tax Credit processes so financing is easier to access.
  • Communities and local approvals: Grants can fund regulatory reforms to speed permitting and zoning changes to increase housing supply, and HUD must report activities and best practices to Congress.

*Authorizes $90.0 million per year for FY2027–FY2029 and would require future appropriations.*

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Torres, Norma J. [D-CA-35]

CA • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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