# 119-s-3309: Building Housing for the American Dream Act

119-s-3309, Building Housing for the American Dream Act, is a 119th Congress bill sponsored by Sen. Gallego, Ruben [D-AZ] (D-AZ); status introduced; PRIA reads it as touching household money (as of 2026-08-11).

- Canonical: https://policyrisk.com/legislation/119-s-3309
- As of: 2026-08-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3309
- Congress: 119
- Title: Building Housing for the American Dream Act
- Status: introduced
- Introduced: 2025-12-02
- Sponsor: Sen. Gallego, Ruben [D-AZ] (D-AZ)
- Cosponsors: 0
- Policy area: Immigration
- Touches household money: yes
- Last recorded action: 2026-08-11

## Summary

**Would expand EB-5 eligibility to explicitly include housing projects.** The bill aims to steer immigrant investment toward the production, preservation, or rehabilitation of rental housing and owner-occupied homes, and it pairs that change with priority review, temporary paperwork relief, and new reporting and oversight.

## Provisions PRIA read

- New EB-5 route for housing: benefit, medium. If enacted, the bill would add "housing projects" to the EB-5 investor visa rules. Housing projects must mainly produce, preserve, or rehab rental homes or homes sold only as a primary residence and have an application filed or approved under the listed subparagraph. The bill would direct DHS to gi…
- Temporary paperwork exemption for EB-5: benefit, low. If enacted, DHS would be allowed for one year after enactment to exempt information collections needed to implement this Act from the Paperwork Reduction Act. The exemption would apply only when the Secretary decides the usual review would slow setting up the new rules. This would speed implementat…

## Related bills

- 119-s-2838: Protecting Our Democracy Act
- 119-s-5283: Momnibus Act
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act

## Sources
- [119-s-3309 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3309)

## Related
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3309 (as of 2026-08-11).