# 119-s-4773: DASH Act

119-s-4773, DASH Act, is a 119th Congress bill sponsored by Sen. Wyden, Ron [D-OR] (D-OR); status introduced; PRIA reads it as touching household money (as of 2026-08-01).

- Canonical: https://policyrisk.com/legislation/119-s-4773
- As of: 2026-08-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4773
- Congress: 119
- Title: DASH Act
- Status: introduced
- Introduced: 2026-06-11
- Sponsor: Sen. Wyden, Ron [D-OR] (D-OR)
- Cosponsors: 0
- Policy area: Housing and Community Development
- Touches household money: yes
- Last recorded action: 2026-08-01

## Summary

**Expanded federal investments to prevent and house homelessness and build affordable housing.** This bill would create a new national Rental Vouchers for the Homeless program, fund large housing production and preservation initiatives, rewrite Low-Income Housing Tax Credit rules, and create new credits for middle-income housing and first-time buyers. - Families and youth experiencing homelessness: Would supply targeted vouchers and supportive, low-barrier services with a priority for unaccompanied homeless youth and families with children. It authorizes 250,000 vouchers in FY2026 and 400,000 per year thereafter until HUD determines fewer are needed. - Rural households and farmworkers: Would fund rural housing reinvestment and preservation and expand rental assistance with authorizations such as $2.5 billion per year for Rural Rental Assistance loans and $250 million per year for rental assistance payments. - Developers, local governments, and homebuyers: Would reshape LIHTC rules, add a Middle-Income Housing Credit and Neighborhood Homes Credit, and create a refundable first-time homebuyer credit up to $15,000 to lower buyer costs. *Would authorize multibillion-dollar annual federal spending, including $10.0 billion per year for the Housing Trust Fund and multiple other yearly authorizations, and thus increase federal outlays.*

## Provisions PRIA read

- Homeowner tax breaks and protections: benefit, high. This bill would create a refundable First-Time Homebuyer Credit equal to 20% of a home's purchase price up to $15,000 for purchases in tax years after 2026, with income and price phase-downs. It would allow a new deduction for some principal-residence losses up to $100,000 (or $50,000 if married fi…
- Neighborhood Homes credit for developers: benefit, high. This bill would create a Neighborhood Homes Credit for developers that sell certified affordable homes. For each qualified sale the credit would be the smallest of: your excess development costs over net sale proceeds (with limited agency flexibility), 40% of eligible development costs, or 32% of t…
- Bigger Housing Trust Fund allocations: benefit, high. This bill would authorize $10 billion a year for the Housing Trust Fund for each year from FY2026 through FY2036 to help States finance rental housing for very low- and extremely low-income households. It would also authorize $65 million a year (FY2026–FY2031) for State HTF administrative needs, wi…
- USDA rural housing funding and fixes: benefit, high. This bill would authorize recurring funding for many USDA rural housing programs for FY2026–FY2036, including rental assistance, farm labor housing, and rural rental loans. It would set tenant monthly contributions as the highest of 30% of adjusted monthly income, 10% of monthly income, or any welf…
- More rural housing vouchers for renters: benefit, medium. If enacted, the Secretary would be allowed to give rural housing vouchers to low-income households who live in certain USDA-financed or assisted properties. This includes properties with loans under sections 514 or 515 that were prepaid, foreclosed, or matured after September 30, 2005, and properti…
- Pilot grants for modular housing builders: benefit, low. This bill would create a pilot grant program to support modular affordable housing projects. The Federal share of any project could be no more than 75 percent of project cost. Eligible entities would need to guarantee affordability for more than 20 years. The program would get $2 million per year f…
- New vouchers and support for renters: mixed, high. This bill would create a large new tenant-based voucher program for people who are homeless or at risk and earn under 50% of area median income. It would fund 250,000 vouchers in 2026 and 400,000 vouchers each year after 2026 until fewer are needed. PHAs must prioritize homeless youth and families,…
- Refundable renters credit and rules: mixed, high. This bill would create a refundable renters tax credit for qualified buildings and tenants in taxable years after 2025. States would allocate credits and set per-State ceilings, with at least 25% of each State ceiling for nonprofit-owned buildings; the default credit period is 15 years. The credit…
- Grants and zoning rules to build housing: mixed, high. This bill would create a large pro-housing competitive grant program and related funding for public housing agencies. It would authorize $4 billion a year for the pro-housing grants (FY2026–FY2031) and $500 million for PHA capacity-building (FY2026 and FY2027). The grant program would favor jurisdi…
- Changes to housing tax credit rules: mixed, high. This bill would change how the low-income housing tax credit is allocated and valued. It would reserve at least 10% of each State's credit ceiling for middle-income projects that involve qualified nonprofit owners. It would set the State per-person credit amount at $4.30 in 2026 and a $4,965,000 st…
- Major changes to housing tax credits: mixed, high. This bill would change how State housing tax credits are allocated and create a new Middle-Income Housing Credit. It would reserve up to 8% of a State ceiling for extremely low-income buildings and allow up to a 150% eligible-basis boost for designated portions, and it would index a State's housing…

## Related bills

- 119-s-891: Bipartisan Health Care Act
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-5022: Cannabis Administration and Opportunity Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-4504: Full-Service Community School Expansion Act of 2026
- 119-s-3990: PrEP Access and Coverage Act of 2026

## Sources
- [119-s-4773 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4773)

## Related
- [119-s-891: Bipartisan Health Care Act](https://policyrisk.com/legislation/119-s-891)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-5022: Cannabis Administration and Opportunity Act](https://policyrisk.com/legislation/119-s-5022)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-4504: Full-Service Community School Expansion Act of 2026](https://policyrisk.com/legislation/119-s-4504)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4773 (as of 2026-08-01).
