To address the housing crisis through strong perpetual affordability provisions and shared equity housing models, bold investments to increase and preserve the national affordable housing supply, center inclusive local zoning and land use, provide relief for rural renters, and funding paths to homeownership.

What happened: On June 30, 2026, Rep. Becca Balint (D-VT) introduced HR9540, a bill addressing the housing crisis through perpetual affordability, shared equity models, and funding for homeownership. It was referred to the Financial Services and Ways and Means Committees. The bill is at an early stage with 13 cosponsors. Money trail: The bill does not appropriate specific funds. It authorizes policy changes—likely through tax credits, grant programs, and zoning reforms—but actual spending requires separate appropriations bills. No dollar amounts are provided in the available text. Structural impact: The bill targets affordable housing supply, rural renters, and homeownership. If enacted, it could benefit affordable housing developers, multifamily REITs, and homebuilders, but the legislative path is long. Key beneficiaries would include companies focused on affordable housing (e.g., $DHI, $LEN, $EQR), but the early stage prevents confident causal links. Timeline: The bill must pass both committees, then the House and Senate, and be signed into law. With the 119th Congress ongoing, passage in 2026 is uncertain. No companion bill has been introduced.