November 19, 2025
Ms. De La Cruz (for herself and Mr. Torres of New York) introduced the following bill; which was referred to the Committee on Financial Services
To modify the multifamily loan limits under title II of the National Housing Act, and for other purposes.
Section 1. Short title
This Act may be cited as the Housing Affordability Act
.
Sec. 2. Multifamily loan limits
Title II of the National Housing Act (12 U.S.C. 1707 et seq.) is amended—
(1)
in section 206A (12 U.S.C. 1712a)—
(A)
in subsection (a), in the matter following paragraph (7), by striking (commencing in 2004
and all that follows through the period at the end and inserting the following: , commencing on January 1, 2026. The adjustment of the Dollar Amounts shall be calculated by the Secretary using the percentage change in the Price Deflator Index of Multifamily Residential Units Under Construction released by the Bureau of the Census from March of the previous year to March of the year in which the adjustment is made.
; and
(B)
by amending subsection (b) to read as follows:
(b) Publication
(1) In general
The Secretary shall publish in the Federal Register any adjustments made to the Dollar Amounts.
(2) Rounding
The dollar amount of any adjustment described in paragraph (1) shall be rounded to the next lower dollar.;
(2)
in section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A))—
(A)
by striking $38,025
and inserting $167,310
;
(B)
by striking $42,120
and inserting $185,328
;
(C)
by striking $50,310
and inserting $221,364
;
(D)
by striking $62,010
and inserting $272,844
;
(E)
by striking $70,200
and inserting $308,880
;
(F)
by striking , or not to exceed $17,460 per space
;
(G)
by striking $43,875
and inserting $193,050
;
(H)
by striking $49,140
and inserting $216,216
;
(I)
by striking $60,255
and inserting $265,122
;
(J)
by striking $75,465
and inserting $332,046
; and
(K)
by striking $85,328
and inserting $375,443
;
(3)
in section 213(b)(2) (12 U.S.C. 1715e(b)(2))—
(A)
by striking $41,207
and inserting $181,311
;
(B)
by striking $47,511
and inserting $209,048
;
(C)
by striking $57,300
and inserting $252,120
;
(D)
by striking $73,343
and inserting $322,709
;
(E)
by striking $81,708
and inserting $359,515
;
(F)
by striking $43,875
and inserting $193,050
;
(G)
by striking $49,710
and inserting $218,724
;
(H)
by striking $60,446
and inserting $265,962
;
(I)
by striking $78,197
and inserting $344,067
; and
(J)
by striking $85,836
and inserting $377,678
;
(4)
in section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k(d)(3)(B)(iii)(I))—
(A)
by striking $38,025
and inserting $167,310
;
(B)
by striking $42,120
and inserting $185,328
;
(C)
by striking $50,310
and inserting $221,364
;
(D)
by striking $62,010
and inserting $272,844
;
(E)
by striking $70,200
and inserting $308,880
;
(F)
by striking $43,875
and inserting $193,050
;
(G)
by striking $49,140
and inserting $216,216
;
(H)
by striking $60,255
and inserting $265,122
;
(I)
by striking $75,465
and inserting $332,046
; and
(J)
by striking $85,328
and inserting $375,443
;
(5)
in section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I))—
(A)
by striking $37,843
and inserting $166,509
;
(B)
by striking $42,954
and inserting $188,997
;
(C)
by striking $51,920
and inserting $228,448
;
(D)
by striking $65,169
and inserting $286,744
;
(E)
by striking $73,846
and inserting $324,922
;
(F)
by striking $40,876
and inserting $179,854
;
(G)
by striking $46,859
and inserting $206,180
;
(H)
by striking $56,979
and inserting $250,708
;
(I)
by striking $73,710
and inserting $324,324
; and
(J)
by striking $80,913
and inserting $356,017
;
(6)
in section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A))—
(A)
by striking $35,978
and inserting $166,509
;
(B)
by striking $40,220
and inserting $188,997
;
(C)
by striking $48,029
and inserting $228,448
;
(D)
by striking $57,798
and inserting $286,744
;
(E)
by striking $67,950
and inserting $324,922
;
(F)
by striking $40,876
and inserting $179,854
;
(G)
by striking $46,859
and inserting $206,180
;
(H)
by striking $56,979
and inserting $250,708
;
(I)
by striking $73,710
and inserting $324,324
; and
(J)
by striking $80,913
and inserting $356,017
; and
(7)
in section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A))—
(A)
by striking $42,048
and inserting $185,011
;
(B)
by striking $48,481
and inserting $213,316
;
(C)
by striking $58,469
and inserting $257,263
;
(D)
by striking $74,840
and inserting $329,296
;
(E)
by striking $83,375
and inserting $366,850
;
(F)
by striking $44,250
and inserting $194,700
;
(G)
by striking $50,724
and inserting $223,186
;
(H)
by striking $61,680
and inserting $271,392
;
(I)
by striking $79,793
and inserting $351,089
; and
(J)
by striking $87,588
and inserting $385,387
.