hold on there's just too much going on in Congress lmao...
Boosts FHA home loan limits, includes accessory dwelling units, and manufactured housing.
Representatives Himes (D-CT), Pappas (D-NH), Harder (D-CA).
Introduced in House, referred to committee.
This bill aims to update federal loan programs for home improvements and manufactured housing. It significantly raises the maximum loan amounts available through the National Housing Act and specifically allows financing for building accessory dwelling units (ADUs). It was introduced by Representatives Himes, Pappas, and Harder, and is currently being considered by the House Committee on Financial Services.
Introduced Mar 4, 2026
This bill was introduced in the House of Representatives on March 4, 2026, and referred to the House Committee on Financial Services. Before it can become law, the committee must review and approve it, then it needs to pass a vote in the full House. If it passes the House, it would then move to the Senate for a similar process, and finally to the President for signature.
Homeowners seeking to make significant alterations, repairs, or improvements to their single-family homes could access federal loans up to $75,000, a substantial increase from current limits. The bill explicitly allows these loans to cover the construction of accessory dwelling units (ADUs), such as 'granny flats' or backyard cottages, making it easier to add rental income or family living space. Additionally, individuals looking to purchase new single- or multi-section manufactured homes, with or without a lot, would see much higher federal loan limits, potentially improving affordability and access to housing.
Supporters Say
Supporters argue the bill makes housing more affordable and expands housing options by modernizing outdated loan limits and supporting diverse housing types.
Critics Say
Critics might raise concerns about potential increases in federal spending or the risk profile of expanded loan programs, though no specific criticisms are detailed in the bill.
Those in favor of this bill would likely highlight its potential to address housing shortages and affordability by increasing access to financing for home improvements, including ADUs, and making manufactured homes a more viable option. They might also point to the requirement for annual indexing of loan limits as a way to keep pace with economic changes. Potential concerns, without being explicitly stated in the bill text, could include the financial implications of increasing federal loan guarantees and ensuring the long-term sustainability and quality of the financed housing.