To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Financial Services.

Boosts funding for affordable housing programs starting in 2026.

This bill would increase how much money Federal Home Loan Banks must put into the Affordable Housing Program. Starting in 2026, these banks would contribute 15% of their profits, with a guaranteed minimum of $100 million each year. This change aims to provide more resources for people seeking affordable housing.

What Would Change

Currently, Federal Home Loan Banks contribute to the Affordable Housing Program under rules set in 1995. If this bill passes, starting in 2026, these banks would be required to contribute 15% of their previous year's profits, with a total minimum of $100 million each year, to support affordable housing initiatives.

Key Provisions

Requires Federal Home Loan Banks to contribute 15% of their previous year's profits to the Affordable Housing Program starting in 2026.
Sets a minimum total contribution of $100 million each year from all Federal Home Loan Banks for affordable housing programs, starting in 2026.
Limits the existing contribution rules for Federal Home Loan Banks to the Affordable Housing Program to apply only through the year 2025.

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HR 10325 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10

To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

What Would Change

Key Provisions

Lobbying Activity