# 119-hr-8127: Permanent Housing Affordability Act

119-hr-8127, Permanent Housing Affordability Act, is a 119th Congress bill sponsored by Rep. Schrier, Kim [D-WA-8] (D-WA); status introduced; PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/legislation/119-hr-8127
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8127
- Congress: 119
- Title: Permanent Housing Affordability Act
- Status: introduced
- Introduced: 2026-03-26
- Sponsor: Rep. Schrier, Kim [D-WA-8] (D-WA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-11-01

## Summary

**This bill would create a federal framework to expand permanently affordable, shared-equity homeownership** by supporting community land trusts and similar models nationwide. It defines key players, sets long-term affordability rules, and funds grants, pilots, research, outreach, and surplus federal land transfers to support homes that stay affordable for decades. - Families and homebuyers: It targets homes for households up to 120% of area median income, with some pilot sales limited to 80% AMI and long affordability periods of at least 99 years to keep resale prices below market. - Community land trusts, nonprofit developers, and certified community development financial institutions: The bill would fund a Lasting Home Affordability Fund that makes low-interest construction loans capped at 3 percent interest and 1 percent origination, with limited borrower cash requirements. - Federal agencies and local governments: HUD would run a $100 million-per-year pilot to acquire land and build homes and a research and outreach program with $3 million per year to spread best practices, and surplus federal land could be conveyed at a discount for perpetual affordable use, generally priced at 75 percent of market value. *Would authorize about $609 million in new appropriations, increasing federal spending.*

## Provisions PRIA read

- Low-cost Treasury loans for affordable homes: benefit, medium. If enacted, the Department of the Treasury would create a Lasting Home Affordability Fund and award grants to start revolving loan funds that make low-cost construction loans. Loans would have interest capped at 3% and origination fees capped at 1%, and grantees could not require borrowers to hold…
- Pilot grants for permanently affordable homes: benefit, medium. If enacted, HUD would set up a pilot grant program to buy vacant land or existing/predeveloped property and build homes to sell under shared-equity rules. Homes would generally be for households at or below 80% of area median income, except rural projects may sell to households up to 120% of AMI. P…
- Definitions for shared-equity programs: benefit, low. If enacted, the bill would set statutory definitions for community land trusts and shared-equity homeownership. It would require affordability terms of at least 99 years (or the longest minimum allowed by State law) and define a qualified homebuyer as a household with income not more than 120% of a…
- Education and research on shared-equity homes: benefit, low. If enacted, HUD would run a public awareness campaign within one year to explain community land trusts and other shared-equity homeownership models to consumers, lenders, builders, and real estate professionals. HUD would create web resources, give materials to housing counselors, and promote lende…

## Related bills

- 119-hr-4669: FEMA Act of 2025
- 119-hr-3077: Agriculture Resilience Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-9090: Advancing Menopause Care and Mid-Life Women’s Health Act

## Sources
- [119-hr-8127 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8127)

## Related
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-3077: Agriculture Resilience Act of 2025](https://policyrisk.com/legislation/119-hr-3077)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-9090: Advancing Menopause Care and Mid-Life Women’s Health Act](https://policyrisk.com/legislation/119-hr-9090)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8127 (as of 2026-11-01).