Overhauls a broad range of federal housing programs to increase the supply of housing, covering HUD grants, FHA loan limits, manufactured and modular home standards, zoning guidance, community bank rules, and limits on large investors buying single-family homes.

• Restricts large institutional investors, defined as those controlling at least 350 single-family homes, from buying single-family homes, with exceptions for build-to-rent and certain other purchases, and sets civil penalties of up to $1,000,000 per violation or three times the purchase price
• Directs the Assistant Secretary for Policy Development and Research to publish guidelines on state and local zoning frameworks within 3 years and abolishes the Regulatory Barriers Clearinghouse
• Creates or extends grant programs for planning, innovation, modular designs, and converting vacant commercial buildings into attainable housing, and authorizes $200,000,000 per fiscal year for 2027 through 2031 for the Innovation Fund
• Requires states to certify that manufactured homes built without a permanent chassis are treated the same as other manufactured homes under state law, with a prohibition on sales if certification is not submitted

• Veterans' Affairs Committee (House)
• Financial Services Committee (House)
• Banking, Housing, and Urban Affairs Committee (Senate)

Housing and Community Development