Affordable Housing Preservation and Protection Act of 2026
Referred to the House Committee on Financial Services.
Summary
The bill lets the Secretary of Housing and Urban Development give low‑interest loans and other capital aid to owners or HUD‑approved buyers of affordable apartment complexes that are in poor condition and can’t afford repairs. Recipients must keep the units affordable for at least 30 years and contribute non‑federal matching funds. The goal is to keep safe, decent housing available for low‑income families.
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