Bill > HR6132

This bill modifies the multifamily loan limits under the National Housing Act by significantly increasing the dollar amounts across several sections of the law. Specifically, the bill updates loan limit thresholds for various housing programs, dramatically raising the maximum loan amounts for different types of residential properties. For example, in section 207, loan limits are increased from amounts like $38,025 to $167,310, and from $42,120 to $185,328, representing substantial increases across multiple categories. The bill also introduces a new method for adjusting these dollar amounts, stipulating that starting January 1, 2026, the Secretary will calculate adjustments using the percentage change in the Price Deflator Index of Multifamily Residential Units Under Construction, as released by the Bureau of the Census. Additionally, the bill requires that any adjusted dollar amounts be published in the Federal Register and be rounded to the next lower dollar. These changes are designed to reflect current housing market conditions and potentially make multifamily housing loans more accessible by increasing the maximum loan amounts across various federal housing programs.

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https://www.congress.gov/bill/119th-congress/house-bill/6132/all-info