Legislation & Legislation Proposals
Legislative Text of the ROAD to Housing Act
The "Renewing Opportunity in the American Dream to Housing Act of 2025,” or “ROAD to Housing Act," is a comprehensive package that contains dozens of proposals introduced by Senators from both parties. The legislation includes several bills supported by NCSHA, most notably the HOME Investment Partnerships Program Reauthorization and Improvement Act. The Senate Banking Committee unanimously approved the ROAD to Housing Act on June 30, making it the first bipartisan housing bill to advance through the Banking Committee in more than a decade.
Affordable Housing Bond Enhancement Act (S. 1511): Legislative Text
The Affordable Housing Bond Enhancement Act, introduced on April 28, 2025, by Senators Catherine Cortez Masto (D-NV) and Bill Cassidy (R-LA), enacts several of NCSHA’s long-standing priorities for strengthening the Mortgage Revenue Bond (MRB) and Mortgage Credit Certificate (MCC) programs.
Summary of the Affordable Housing Bond Enhancement Act
This document summarizes the Affordable Housing Bond Enhancement Act, which was introduced by Senators Catherine Cortez Masto (D-NV) and Bill Cassidy (R-LA) on April 28, 2025 and Representatives Rudy Yakym (R-IN) and Gwen Moore (D-WI) on February 9, 2026.
Section-by-Section Analysis of the Affordable Housing Bond Enhancement Act
The attached document provides a section-by-section description of the Affordable Housing Bond Enhancement Act, which was introduced by Senators Catherine Cortez Masto (D-NV) and Bill Cassidy (R-LA) by April 28, 2025 and by Representatives Rudy Yakym (R-IN) and Gwen Moore (D-WI) on February 9, 2026.. The legislation would enact many of NCSHA’s long-standing priorities for strengthening the Mortgage Revenue Bond (MRB) and Mortgage Credit Certificate (MCC) programs.
HOME Investment Partnerships Program Reauthorization and Improvement Act
Senator Catherine Cortez Masto (D-NV) and Representative Joyce Beatty (D-OH) recently introduced the HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 948 / H.R. 2031) to reauthorize the HOME program, increase the authorized funding level for the program to $5 billion, and make several needed program improvements.
Senate Letter to HUD on DOGE Staff Cuts
On February 20, 2025, a group of Senators sent this letter to Housing and Urban Development Secretary Scott Turner expressing concerns over the agency’s plans for staffing cuts, which were made based on the recommendations of the new Department of Government Efficiency.
House Budget Committee Options Paper
This House Budget Committee document outlines more than 200 options for changes to federal programs that would produce budgetary savings and costs over the next 10 years.
Preserving Rural Investments Act
This legislation would amend the tax code to clarify that Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac are not tax-exempt controlled entities (TECEs) and, thus, are eligible for tax benefits that are not available to TECEs. This would allow Fannie Mae and Freddie Mac to invest in multi-investor Housing Credit funds without jeopardizing those benefits for other investors in the funds.
Press Release: Sen. Moran, Sen. Warner, Sen. Young, Rep. LaHood & Rep. Kildee Introduce Legislation to Increase Rural Housing Investment
U.S. Senators Jerry Moran (R-Kan.) Mark Warner (D-Va.)and Todd Young (R.-Ind) and U.S. Representatives Darin LaHood (IL-16) and Dan Kildee (MI-08) introduced legislation on August 1, 2024, to amend the Internal Revenue Code to clarify that Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac are able to participate in partnerships that are crucial for low-income housing investments.
