Working Families Home Construction Act of 2026
To permit the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association to purchase and securitize certain residential construction loans.
This bill, HB9461, proposes to allow two government agencies, the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae), to buy and package certain residential construction loans into securities that can be sold to investors. This could make it easier and cheaper for builders to get loans for new homes.
The bill would primarily affect home builders and potential homebuyers by potentially lowering mortgage rates and increasing the availability of home loans. More loans being securitized could also provide more liquidity in the mortgage market, which could lead to more investment in housing projects.
As of June 25, 2026, the bill has just been introduced in the House and referred to the House Committee on Financial Services. This is the first step in the legislative process, and no further action has been taken yet. Key next steps will include committee review and potential amendments before any vote can occur.
