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Linked legislation: H.R. 10513
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Based on official legislative actions published by Congress.
Referred to the House Committee on Financial Services.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Referred to the House Committee on Financial Services.
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
The bill would fund predevelopment costs for affordable housing projects on faith-owned land through a five-year pilot grant program.
Authorizes $100,000,000 for the pilot program in fiscal year 2027
Grants would fund predevelopment activities for affordable housing projects
Program would run for five years after establishment
Introduced in the House and referred to the Financial Services Committee
If enacted, the proposal would fund early project work and technical help for affordable housing projects on faith-owned land, potentially lowering upfront barriers to development; the source does not provide data on expected outcomes.
State and local governments, nonprofits, community development financial institutions, and faith-based organizations would be affected.
Introduced in the House on September 21, 2026, and referred to the House Financial Services Committee; no floor vote recorded in the source.
Praveta summarizes official congressional material and keeps the underlying source available for review.