# 119-s-3754: Affordable Housing and Homeownership Protection Act of 2026

119-s-3754, Affordable Housing and Homeownership Protection Act of 2026, is a 119th Congress bill sponsored by Sen. Reed, Jack [D-RI] (D-RI); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3754
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3754
- Congress: 119
- Title: Affordable Housing and Homeownership Protection Act of 2026
- Status: introduced
- Introduced: 2026-01-30
- Sponsor: Sen. Reed, Jack [D-RI] (D-RI)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**A new tax on purchases of single-family homes by large investors.** This bill would add a tax on covered investors' purchases and funnel the money to federal affordable-housing programs to boost funding for home creation and community investment. - Covered investors who buy single-family homes would pay a purchase tax that ranges from 1% to 5% depending on the investor's size. - Sixty-five percent of revenue would go to the Department of Housing and Urban Development's Housing Trust Fund and 35% would go to the Capital Magnet Fund to support affordable housing projects. - The bill would define medium, large, and giant investors, apply aggregation and related-party rules, exempt specific nonprofits and public housing entities, and require covered investors to report how many single-family homes they own and purchased.

## Cosponsors (9)

- Sen. Smith, Tina [D-MN] (D-MN), 2026-01-30T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2026-01-30T00:00:00.000Z
- Sen. Klobuchar, Amy [D-MN] (D-MN), 2026-01-30T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2026-01-30T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2026-01-30T00:00:00.000Z
- Sen. Kim, Andy [D-NJ] (D-NJ), 2026-01-30T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2026-01-30T00:00:00.000Z
- Sen. Murphy, Christopher [D-CT] (D-CT), 2026-01-30T00:00:00.000Z
- Sen. Slotkin, Elissa [D-MI] (D-MI), 2026-01-30T00:00:00.000Z

## Provisions PRIA read

- Investor tax funds HUD housing programs: benefit, medium. If enacted, Treasury would transfer revenues from the investor purchase tax so 65% goes to HUD’s Housing Trust Fund and 35% goes to HUD’s Capital Magnet Fund. These splits would apply to amounts raised by the new section 4499 tax. The bill would also change the Housing Trust Fund small-state minimu…
- New tax on investor home purchases: cost, high. This bill would create a new tax on purchases of single-family homes by covered investors. It would tax each covered purchase at 1% for investors owning more than 15 and not more than 25 homes, 3% for those owning more than 25 and not more than 100 homes, and 5% for those owning more than 100 homes…

## Related bills

- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act

## Sources
- [119-s-3754 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3754)

## Related
- [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-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3754 (as of 2026-04-21).