Affordable Housing and Area Median Income Fairness Act of 2026
Referred to the House Committee on Financial Services.
Summary
The bill would allocate $5 billion each year for ten years to three HUD programs—Home Investment Partnerships, Community Development Block Grants, and the Housing Trust Fund—but only for regions where HUD has applied a high housing cost adjustment. It also requires the HUD secretary to evaluate and report on how area median income is calculated, including alternative methods and the impact on rent limits, especially in urban areas. The goal is to increase affordable‑housing supply and lower rents for low‑ and middle‑income families in the nation’s most expensive housing markets.
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