The DASH Act establishes a new federal rental voucher program specifically for individuals and families experiencing homelessness or at risk of homelessness, providing 250,000 vouchers in 2026 and expanding to 400,000 annually thereafter. This initiative requires public housing agencies to partner with local service providers to offer supportive services such as healthcare, job training, and case management while prohibiting conditions related to sobriety or criminal history for most applicants. The bill also expands rural housing assistance by increasing funding for loans and grants aimed at preserving affordable rental housing for farm laborers and low-income residents in non-metropolitan areas. Additionally, the legislation introduces new tax credits to encourage the construction of affordable housing, including a renters credit for low-income households, a middle-income housing credit, and a neighborhood homes credit for distressed communities.
The Grad Student Affordable Housing Act of 2026 directs the Department of Housing and Urban Development to create a program offering rental assistance vouchers to graduate students. To qualify, students must be enrolled in graduate programs and meet specific income limits, which are set at $40,000 for dependents or independent individuals and $80,000 for families, with provisions for cost-of-living adjustments. Selected students receive vouchers that cover 80 percent of the fair market rental cost for their chosen housing. The bill requires students to apply through the Secretary of Housing and Urban Development within one year of the law's enactment.
The Home Internet Accessibility Act requires the Comptroller General to produce a detailed report within a year on which federally assisted housing units currently have or lack the infrastructure to support high-speed internet. This report will analyze specific challenges, costs, and timelines for upgrading these properties, broken down by location and demographic data, while also reviewing past retrofitting efforts and pilot programs. Following this analysis, the Department of Housing and Urban Development must create a formal plan to upgrade necessary housing to support broadband service and submit it to Congress within 18 months. The legislation directly affects residents of government-subsidized housing by aiming to ensure their living spaces can accommodate modern internet connectivity.
The Senior Accessible Housing Tax Credit Act of 2026 creates a new tax credit for individuals aged 60 or older to help cover the costs of home modifications that improve accessibility and safety. This credit allows eligible taxpayers to claim up to $10,000 for expenses related to installing features such as wheelchair ramps, widening doorways, adding grab bars, and replacing bathroom fixtures. The amount of the credit is reduced based on the taxpayer's income, with the full benefit available to those earning less than $100,000 annually, and the law also authorizes $500 million in federal grants to the Department of Housing and Urban Development to fund additional home modification projects for older adults from 2027 through 2031.
The Community Housing Act of 2026 aims to increase the supply and affordability of housing by directing significant new federal funding to programs like the Housing Trust Fund and the Capital Magnet Fund. It establishes a new Office of Community Land Use and Zoning within HUD to help states and localities reform restrictive zoning laws that limit housing development. The bill also expands financial support for rural areas, creates a new fund to promote shared equity and community land trusts, and removes a legal cap on the number of public housing units agencies can manage. Additionally, it provides grants to protect tenants from eviction and authorizes low-cost financing options for affordable housing projects.
This bill creates a new tax incentive to encourage the construction and renovation of affordable housing near public transportation hubs. It directly affects developers and investors by increasing the Low-Income Housing Tax Credit for buildings located within half a mile of rail, bus, harbor, or waterway stations in high-density zones. The credit amount is boosted to 150% of the standard value, rising to 155% for projects in Hawaii, Alaska, or U.S. territories, with limits on how many areas can be designated in each region. Additionally, the bill requires the Department of Housing and Urban Development to study geographic cost-of-living differences and propose changes to how tax credit funds are distributed among states.
The Housing Supply Fund Act of 2026 creates a new $5 billion fund within the Treasury Department to provide competitive grants for affordable housing projects. Eligible recipients include certified financial institutions, nonprofit housing organizations, and public housing agencies, with funds intended for low- and very low-income renters and homeowners earning up to 120 percent of the area median income. Grant money can be used to establish loan reserves, capitalize revolving funds, provide risk-sharing loans, or convert commercial properties into affordable housing in urban, suburban, rural, and Tribal areas. The bill requires that all awarded funds be committed for use within four years, with unused amounts recaptured for future funding rounds, while limiting administrative expenses to no more than 5 percent of the total appropriation.
This bill requires the Secretary of Housing and Urban Development to conduct automated assessments of housing damage and economic recovery needs within 60 days of a major disaster declaration and every three months thereafter. Using existing federal data, the Secretary must identify specific shortages in affordable housing and infrastructure to determine how Community Development Block Grant Disaster Recovery funds can best address unmet needs. The results of this analysis must be reported to Congress to guide the allocation of disaster relief resources.
The Make the American Dream Real Again Act creates a new tax credit for homeowners who sell their primary residence to a first-time buyer. This provision allows the seller to claim a refundable credit equal to the lower of the money they spent helping the buyer purchase the home or the amount of tax they would save by excluding the sale gain from their income. The bill defines a first-time homebuyer as someone who has not owned a principal residence in the two years prior to the transaction and covers expenses such as down payments, inspections, and closing costs. These changes are scheduled to take effect for taxable years beginning after December 31, 2026.
This bill creates a new federal tax credit to encourage owners of manufactured home communities to sell their land to residents or nonprofit organizations that agree to keep the community affordable. The credit allows sellers to claim 75% of their profit from the sale, provided the buyer agrees to a binding 50-year covenant that the land will remain used for manufactured housing. To qualify, the new owner must be a resident-owned cooperative or a nonprofit corporation with democratic governance where residents elect the board of directors. The legislation aims to prevent community closures and protect low-income homeowners from rising rents by promoting long-term resident ownership. This change takes effect for taxable years beginning after December 31, 2026.
