Makes it easier to build affordable housing and businesses near public transit stops.
This bill would make it simpler and cheaper to get federal loans for housing and business projects built near public transportation. It would extend two existing federal loan programs and create new ways for projects to qualify, especially those offering affordable housing. The goal is to help communities create more housing options and economic activity close to transit.
Today, getting federal loans for transit-oriented development and affordable housing projects can be a complex process. It often requires a high credit rating and lengthy environmental reviews. After this bill, it would be easier for these projects to qualify for federal loans. They would get lower interest rates for affordable housing and faster processing through private lenders. This could lead to more housing and businesses being built near public transportation.
S 3636 · 119th Congress · January 14, 2026 · AI Summary by gemini-2.5-flash · 9/10
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6 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.