Housing Affordability Act

HR 6132, the Housing Affordability Act, updates inflation-adjusted dollar limits for multifamily housing loans under the National Housing Act. It increases specific loan caps (e.g., raising the maximum for certain units from $38,025 to $167,310) using the Bureau of the Census' Price Deflator Index for multifamily construction, with adjustments calculated annually based on March-to-March data. These changes directly affect lenders and borrowers participating in federally backed multifamily housing programs by setting new maximum loan amounts. The bill makes technical adjustments to existing limits without creating new programs or altering eligibility rules.