Congresswoman Shontel Brown (OH-11), Senator Lisa Blunt Rochester (DE), and Congressman Carlos Gimenez (FL-28) have introduced legislation to preserve and repair affordable housing and help more families remain in their homes and access affordable housing. The Affordable Housing Preservation and Protection Act creates a new federal loan program for renovations to HUD-assisted housing. This new loan program would improve existing housing stock and help make sure that the affordable housing shortage does not get worse as older properties fall into disuse.
Carlos A. Gimenez will support creating a new federal loan program to finance renovations of distressed HUD-assisted multifamily housing and preserve affordable housing.
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Action Ms. Brown (for herself, Mr. Gimenez, and Mr. Lawler) introduced the following bill; which was referred to the Committee on Financial Services Bill Number H.R. 10534 Bill Version Introduced in House (IH) Short Title Affordable Housing Preservation and Protection Act of 2026 Full Title To preserve and protect multifamily housing properties assisted by the Secretary of Housing and Urban Development.
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