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HR 9733

Interagency Council on Affordable Housing Act of 2026

119th Congress Introduced by Wesley Bell and 12 co-sponsors

Creates a Federal Interagency Council on Housing Affordability and Preservation to coordinate policy, preserve existing affordable housing, and expand affordable options.

Introduced in House
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WeVote Research Nonpartisan
Bill Summary · HR 9733

Overview

HR 9733, introduced in the 119th Congress and referred to the House Committee on Financial Services, seeks to establish a Federal Interagency Council on Housing Affordability and Preservation. The bill is sponsored and co-sponsored by a broad group of Members of Congress, including Rashida Tlaib (primary sponsor) and multiple co-sponsors from both parties’ typical progressive and diverse-representation wings. The aim is to coordinate federal efforts to improve housing affordability and preserve existing affordable housing stock.

Main purpose and intent

  • Establish a Federal Interagency Council on Housing Affordability and Preservation (the Council) to coordinate federal policy and programs related to housing affordability and preservation of affordable housing.
  • Strengthen collaboration across federal agencies to address gaps, streamline approaches, and align funding and regulatory actions to preserve and expand affordable housing options.

Key provisions and changes

  • Creation of the Federal Interagency Council on Housing Affordability and Preservation:
    • A formal interagency body tasked with coordinating federal housing policy and program implementation.
    • Likely to include representation from key federal agencies involved in housing, urban development, finance, and related areas (specific agencies would be defined in the text of the bill).
  • Roles and responsibilities:
    • Develop comprehensive federal strategies for housing affordability and preservation.
    • Identify duplicative programs, gaps, and opportunities for efficiency or expansion.
    • Recommend changes to laws, regulations, and funding to better preserve existing affordable housing and increase affordable housing supply.
    • Monitor and report on progress, outcomes, and implementation across agencies.
  • Policy coordination:
    • Align mortgage financing, rental assistance, housing subsidies, and preservation incentives to support affordability.
    • Promote preservation of naturally occurring affordable housing (NOAH) and subsidized units, as well as the creation of new affordable units where feasible.
  • Reporting and accountability:
    • Likely requires regular reporting to Congress on progress, metrics, and recommended legislative or administrative actions.
    • May establish performance metrics to evaluate effectiveness of preserved and expanded affordable housing stock.
  • Funding or authority:
    • The bill may authorize or appropriate funding for the Council’s operations and related interagency initiatives, or provide guidance on how participating agencies should coordinate within existing resources.
    • Could authorize rulemaking or administrative actions to facilitate preservation and affordability initiatives.

Who would be affected

  • Federal agencies involved in housing, urban development, finance, zoning, and community development programs.
  • State and local housing authorities and housing finance agencies that interact with federal programs (e.g., through grants, loan programs, preservation incentives).
  • Developers, landlords, and nonprofit housing organizations engaged in affordable housing preservation or construction.
  • Tenants and prospective renters/homeowners benefiting from improved affordability and preservation efforts.

Procedural and timeline aspects

  • Introduction and referral:
    • Introduced in the House and referred to the Committee on Financial Services (as of the action history provided on 2026-07-16).
  • Legislative process:
    • The bill would proceed through committee consideration, potential amendments, and then floor consideration. If advanced, it would need passage in the House and Senate (and potential conference agreement) before presidential action.
  • Implementation timeline:
    • The bill would set up the Council and initiate interagency coordination upon enactment. Specific milestones, reporting timelines, and implementation dates would be detailed in the bill’s text (e.g., initial budget requests, first reporting date, and subsequent periodic reports).

Potential impact

  • Enhanced coordination among federal agencies could reduce fragmentation of housing policy and improve preservation of affordable units.
  • A centralized Council may streamline funding priorities, encourage data sharing, and advance comprehensive strategies to increase affordable housing supply and protect existing stock.
  • Could influence current and future housing financing, subsidies, and preservation programs through recommended legislative or administrative changes.
  • Beneficiaries include renters and homeowners in need of affordable housing, as well as communities facing displacement and housing instability.

Note: Specifics such as the exact agency makeup of the Council, voting or decision-making procedures, funding levels, and reporting timelines will be detailed in the bill’s full text. The summary above reflects the bill’s stated purpose and anticipated provisions based on the title and sponsor information.

Compiled from official sources — confirm details with the bill’s official record.

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