This bill, known as the Tax Relief for Renters Act of 2026, would allow renters to deduct a portion of their rent payments from their federal income tax. The deduction would be limited to $4,000 per year for individuals who lease their primary residence, with the amount subject to inflation adjustments starting in 2028. Eligibility is restricted by income thresholds, with higher limits for joint filers and lower limits for single filers and married couples filing separately. The provision would apply to tax years beginning after December 31, 2026, and would be available to taxpayers who do not itemize deductions as well as those who do.
This bill allows Congress to disapprove a rule from the Bureau of Consumer Financial Protection that would remove an earlier regulation about lending discrimination. If passed, the resolution would prevent the Bureau from withdrawing the 2012 guidance that addressed potential unfair lending practices. The measure directly affects the Bureau's regulatory authority and the financial institutions that previously followed the discrimination guidelines. It uses a congressional veto mechanism to block the specific rule change without creating new laws or policies.
This bill updates the federal program that provides grants to nonprofit organizations for helping rural residents build or repair their own water wells and wastewater systems. It directly affects low- and moderate-income households in rural areas by adjusting income eligibility thresholds and increasing the maximum subgrant amount to $20,000. The legislation also requires nonprofits to offer loans to households earning between 60 and 100 percent of the median nonmetropolitan income, and it adds funding to cover five-year performance warranties for wastewater systems. Finally, the program's expiration date is extended from 2023 to 2031, allowing continued support for these infrastructure projects.
This bill expands protections under the Fair Housing Act to include survivors of domestic violence, sexual assault, and sex trafficking as a protected class. It requires landlords and housing providers to treat discrimination against these survivors the same way they treat discrimination based on race or national origin. The legislation also updates definitions to include dating violence, stalking, and threatened violence, and strengthens anti-intimidation provisions to cover coercion related to housing. These changes aim to prevent survivors from being evicted or denied housing due to their status as victims of violence.
This bill, known as the Social Determinants for Moms Act, requires the Secretary of Health and Human Services to create a task force aimed at reducing preventable maternal deaths and health disparities in the United States. The task force would include federal agency leaders, community organization representatives, and maternity care providers to develop coordinated strategies addressing both medical and non-medical factors like housing, nutrition, and access to care. Additionally, the bill authorizes $100 million over five years to provide grants to community organizations working in areas with high maternal mortality rates and poverty, focusing on social determinants such as transportation, employment, and environmental conditions. The task force must submit reports to Congress every two years outlining its progress and recommendations for future funding and actions.
This bill amends the Community Development Banking and Financial Institutions Act of 1994 to require the Treasury Secretary to testify annually before Congress about the Fund's operations. It also strengthens the CDFI Bond Guarantee Program by adjusting guarantee limits and extending the program's authorization period. Additionally, the bill expands capital assistance options for community development financial institutions and creates a new lending program specifically for Native community development financial institutions to support homeownership in Tribal and Native communities.
This bill requires the Department of Housing and Urban Development and the Economic Development Administration to create an agreement to better coordinate their joint housing and economic development projects. The agreement would streamline application processes, standardize language in funding notices, reduce duplicate reporting requirements, and establish clear contact points for applicants. Additionally, the two agencies must share research and market data to support evidence-based decision-making. Within one year of enactment, the agencies must submit a report to Congress with recommendations for further improving their collaboration and removing barriers to joint projects.
This bill modifies tax rules for qualified opportunity funds, which are investment vehicles designed to encourage capital investment in designated economically distressed areas. It extends the time period for designating qualified opportunity zones from 10 to 20 years and allows taxpayers to make qualifying investments through December 31, 2036, instead of the previous December 31, 2026 deadline. The legislation also adds specific requirements for residential rental projects within these funds, including income limits for tenants, a cap on annual rent increases of 3 percent, and a 60-day advance notice requirement for rent hikes. These changes aim to provide more flexibility for investors while maintaining certain protections for low-income residents in the projects.
This bill, titled the Rental Housing Investment Act, would allow property owners to claim an immediate tax deduction for long-term residential rental buildings they place in service after enactment. The measure directly affects taxpayers who own or develop rental housing with at least two dwelling units, enabling them to deduct up to 100% of the building's value in the first year rather than spreading deductions over multiple years. Owners of affordable housing projects that meet specific requirements would receive an increased deduction limit of $250,000 per unit instead of the standard $150,000. The bill includes rules requiring properties to remain in rental use for 10 years to retain the full deduction, with a 15-year requirement for affordable housing, and prohibits revoking the election once made.
This bill, known as the Rural Housing Regulatory Relief Act, would exempt certain federal housing assistance programs from the National Environmental Policy Act (NEPA) requirements when used to build or modify homes on infill sites. It directly affects rural communities and housing agencies that currently must complete environmental reviews before approving construction projects on existing developed land. The exemption applies specifically to assistance under the Housing Act of 1949 and defines infill sites as locations with access to existing water, sewer, and road infrastructure, while excluding greenfield sites and areas at high risk for wildfires or flooding. Additionally, the bill requires the Secretary of Agriculture to submit a report to Congress within five years evaluating whether the exemption reduced review times and administrative costs, and to assess its impact on affordable housing in rural America.
