In CommitteeFiled Mar 26, 2026
Sponsor: Rep. Moore, Blake D. [R-UT-1] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Mar 26, 2026
Summary
The SHARE Act removes from gross income any repayment amount that exceeds the original loan balance on a shared‑appreciation mortgage, but only when the borrower’s income is at or below 140% of the area median income and the home is the borrower’s principal residence. It applies to second‑lien loans that meet strict size, payment, and subordination rules. The change is intended to make this type of financing more affordable for low‑ and moderate‑income homeowners.
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