Housing Affordability Act
Sponsored By: Representative De La Cruz, Monica [R-TX-15]
Introduced
Summary
This bill would create an automatic annual adjustment for multifamily loan limits under Title II of the National Housing Act. It would start on January 1, 2026 and link the adjustment to the Price Deflator Index of Multifamily Residential Units Under Construction.
Show full summary
- Multifamily borrowers and developers: Loan-amount figures and statutory loan thresholds would be recalculated each year using that construction price index, changing how multifamily loan limits move over time.
- Program administrators and lenders: Adjusted dollar amounts must be published in the Federal Register and rounded down to the next lower dollar.
- Program calculations and statutory thresholds: The bill rescinds a per-space cap of $17,460 per space and updates multiple monetary thresholds across several sections of the National Housing Act.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Annual updates to apartment loan limits
If enacted, starting January 1, 2026, the government would adjust these multifamily dollar limits every year. The change would match the March‑to‑March move in a multifamily construction price index. The Secretary would publish the new figures in the Federal Register. Each adjusted amount would be rounded down to the next lower dollar.
Bigger loan limits for apartments
If enacted, the bill would raise many dollar amounts used to size federally insured mortgages for apartment buildings. Examples: $38,025 would rise to $167,310 and $70,200 would rise to $308,880. It would also remove a per‑space cap of $17,460. These higher figures would apply as soon as the bill becomes law across several multifamily programs.
Sponsors & CoSponsors
Sponsor
De La Cruz, Monica [R-TX-15]
TX • R
Cosponsors
Rep. Torres, Ritchie [D-NY-15]
NY • D
Sponsored 11/19/2025
Rep. Vindman, Eugene Simon [D-VA-7]
VA • D
Sponsored 12/3/2025
Rep. Bera, Ami [D-CA-6]
CA • D
Sponsored 3/24/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov