# 119-hres-1299: Providing for the concurrence by the House in the Senate amendment to H.R. 6644, with amendment.

119-hres-1299, Providing for the concurrence by the House in the Senate amendment to H.R. 6644, with amendment., is a 119th Congress bill sponsored by Rep. Hill, J. French [R-AR-2] (R-AR); status passed_house; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hres-1299
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hres-1299
- Congress: 119
- Title: Providing for the concurrence by the House in the Senate amendment to H.R. 6644, with amendment.
- Status: passed_house
- Introduced: 2026-05-19
- Sponsor: Rep. Hill, J. French [R-AR-2] (R-AR)
- Cosponsors: 1
- Policy area: Housing and Community Development
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**This bill would expand housing supply and modernize housing programs** by combining new construction and conversion grants, repair and escrow pilots, streamlined reviews, appraisal reforms, and limits on big investors. It targets supply, affordability, and market rules to speed projects and protect renters and borrowers. - Families and renters gain repair and stability tools. A whole-home repairs pilot funds repairs for low- and moderate-income owners and landlords. An escrow savings pilot covers up to 5,000 families and a new foreclosure-mitigation counseling requirement covers borrowers 30 days or more delinquent. - Builders, local governments, and communities get faster approvals and funding to build more housing. The bill creates grant programs including at least 25 grants a year, authorizes $200 million per year for FY2027–2031 for Accelerating Home Building, and narrows environmental review timelines for many infill and small projects. - Lenders, appraisers, and markets face modernization and controls. It raises appraisal training and registry rules, studies small-dollar mortgages under $100,000, and bars large institutional investors from buying single-family homes with civil penalties up to $1,000,000 or three times a purchase price.

## Cosponsors (1)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2026-05-19T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2026-05-20T00:00:00.000Z | house | On Motion to Suspend the Rules and Agree | Passed | 396 | 13 |

## Provisions PRIA read

- Help for past-due mortgage borrowers: benefit, high. If you are 30 days or more behind on a covered mortgage, you get a chance to use housing counseling. Covered loans include FHA Title II, Section 184/184A, VA, and USDA loans. For FHA-insured loans, the Mutual Mortgage Insurance Fund pays the fair‑market cost of foreclosure‑mitigation counseling whe…
- Higher FHA limits with yearly updates: benefit, high. FHA Title II dollar limits are higher starting July 1, 2025. The limits update every year using a construction price index from March to March and are posted in the Federal Register. Adjusted amounts round down to the next dollar. Examples of raised figures include about $38,025 to $167,310, $42,12…
- Ban on big investors buying homes: benefit, high. Large institutional investors that control 350 or more single‑family homes cannot buy more single‑family homes. The law lists many exceptions, like new construction, build‑to‑rent, and renovations with improvements of at least 15% of the purchase price. The ban takes effect 180 days after enactment…
- Keep rural rentals affordable and preserved: benefit, medium. USDA creates a permanent program to preserve Section 514/515/516 multifamily housing, including loan restructures and other aid. USDA must give tenants plain‑language notice at least 2 years before loan maturity and record use restrictions in preservation deals. Rental assistance can be renewed for…
- Pilot for mortgages under $100,000: benefit, medium. FHA sets up a pilot within one year to expand mortgages with original balances of $100,000 or less. The pilot can give payments to lenders and grants to borrowers for down payments, closing costs, appraisals, and title insurance. It can also adjust FHA terms and provide outreach and technical help.…
- Renter help and checks on big landlords: benefit, medium. HUD sets up a toll‑free line and public website within 180 days for renters in homes owned by large institutional investors. HUD refers State‑law issues, investigates possible Federal‑law violations, and responds in writing with steps taken and outcomes. Large investors must give renters written co…
- Whole‑home repairs with forgivable loans: benefit, medium. Homeowners qualify if income is at or below 80% of area median income and they live in the home. Small landlords qualify if they own fewer than 10 eligible rental properties, have no more than 25 total units, and a majority of units are affordable. Forgivable repair loans can be cleared within thre…
- Faster environmental reviews for housing: benefit, medium. The law creates NEPA categorical exclusions for some HUD and USDA housing actions like infill projects, affordable housing acquisition, rehab, and new builds with 15 units or fewer. HUD must issue rules within one year and sign a HUD–USDA agreement within 180 days to avoid duplicate reviews. HUD al…
- New grants to boost housing supply: benefit, medium. HUD starts a competitive planning grant program within one year to support affordable‑housing planning and implementation. Grants cannot pay for construction and have a 10% admin cap. HUD also launches competitive grants for places that increased housing supply, using an objective method and public…
- Easier path to start community banks: benefit, medium. New community banks can request plan changes in their first two years, with a 90‑day agency decision or it is approved. Agencies must streamline applications, share data when possible, consult the SEC on capital rules, and study rural bank growth barriers. Each applicant can get an agency caseworke…
- Clear VA loan notice on mortgage apps: benefit, low. Within six months, the standard mortgage application includes this line under the military service question: “If yes, you may qualify for a VA Home Loan. Consult your lender regarding eligibility.” This alerts applicants with military service to ask about VA home loan options.
- Section 8 rentals count as affordable: benefit, low. A unit rented with Section 8 tenant‑based help counts as affordable housing. The tenant’s share must follow Section 8 rules. The total rent must not be above the amount the local housing agency approved.
- Stronger appraisal reviews and training: benefit, low. If you have a federally backed mortgage, your creditor must offer a process to review or reconsider an appraisal. States can get grants to train, recruit, and support appraisers, including scholarships. The law recognizes State‑credentialed trainee appraisers; supervising certified appraisers remai…
- More room for bank community investments: benefit, low. The law raises a key numeric reference for public‑welfare investments from 15 to 20 in two banking statutes. This gives banks more headroom for qualifying community investments under those rules.
- Small projects exempt from local hiring: cost, low. Section 3 local hiring and contracting rules do not apply when a recipient got less than $3,000,000 in the most recent year (or is a State recipient) and the activity assists 50 units or fewer. This exemption takes effect upon enactment.
- No new money for this law: cost, low. The law does not authorize any new federal funds to carry it out. It does not cancel past appropriations or change who already qualifies for benefits.
- Limit on new HUD small‑dollar pilots: cost, low. After three years from enactment, HUD and FHA cannot start new small‑dollar mortgage pilot programs. Existing efforts can run, but no new pilots begin after that window.
- Stronger tools to handle failing banks: mixed, high. FDIC can choose a bank‑resolution option that is not the least costly when it limits big‑bank concentration and meets set tests. Buyers must pay assessments over at least five years to cover the extra cost. FDIC must set cost criteria within one year and report to Congress within 30 days after usin…
- Modern rules for manufactured homes: mixed, medium. HUD is the main federal authority for manufactured‑home standards, and other agencies must get HUD’s approval before adding new standards. HUD allows manufactured homes with or without a permanent chassis and will issue distinct labels and data plates for chassis‑less homes. States must certify wit…
- More flexible HOME and CDBG funds: mixed, medium. Local housing funds can now pay for new affordable‑housing construction, up to 20% of a recipient’s allocation, using amounts appropriated after enactment. The law removes a HOME per‑unit spending cap and lets some areas use HOME funds for nearby water, sewer, roads, sidewalks, and utility connecti…
- Temporary flexibility for homeless grants: mixed, medium. For fiscal years 2027–2030, recipients can ask HUD to waive the section 415(b) spending limit. Requests must show local need, a detailed plan, support for the Consolidated Plan, and public input, with HUD approval or denial within 60 days. HUD denies any request from a recipient that relocates or t…
- Deposit rule relief with guardrails: mixed, medium. Eligible small, well‑rated banks can treat custodial deposits as not brokered up to 20% of total liabilities. Agent banks can exclude reciprocal deposits under new tiered caps, and qualifying exams now use a CAMELS 1–3 standard. Two supervisory asset cutoffs rise from $3 billion to $6 billion. Bank…
- No Federal Reserve digital dollar yet: mixed, medium. The Federal Reserve cannot issue a central bank digital currency without a law from Congress. The ban lasts until December 31, 2030. It does not block private, dollar‑denominated digital currencies that are open, permissionless, and keep coin‑like privacy.
- Easier rules for very small rentals: mixed, low. Rental properties with four or fewer units can be exempt from certain program rules if every unit is affordable and occupied by a low‑income family. Owners may not refuse tenants because they use a Section 8 voucher. Local program administrators must monitor compliance.
- Stronger quality checks for HUD counseling: mixed, low. HUD reviews organizations that provide HUD‑funded housing counseling and may consider counselor performance. If a counselor is not competent, HUD can require more training, a probation period, retesting, and suspend certification after at least two failed retests. HUD can also deny renewal of couns…
- Small change to Fed surplus in 2035: mixed, low. On September 30, 2035, a Federal Reserve statutory surplus figure drops by $115 million. This is an internal federal accounting change.

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4206: CONNECT for Health Act of 2025
- 119-hr-3633: Digital Asset Market Clarity Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act

## Sources
- [119-hres-1299 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-resolution/1299)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4206: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-hr-4206)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hres-1299 (as of 2026-09-21).