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H.R. 6771IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 112 · H.R. 6771

Increased affordable housing program investment

Title I — Creating and Preserving Affordable, Equitable, and Accessible Housing for the 21st Century

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Notwithstanding subsection (j)(5)(C) of section 10 of the Federal Home Loan Bank Act (12 U.S.C. 1430), in 2026 and every year thereafter until 2031, each Federal Home Loan Bank shall annually contribute 15 percent of the preceding year’s net income of the Federal Home Bank, or such prorated sums as may be required to assure that the aggregate contribution of the Federal Home Loan Banks shall not be less than $100,000,000 for each such year, to support grants or subsidized advances through the Affordable Housing Programs established and carried out under subparagraphs (j)(1), (2), (3)(A), (3)(C), and (4) through (13) of section 10 of such Act.

Sec. 112: Increased affordable housing program investment · Public Law Tracker