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Code · BILL · 119th Congress · H.R. 6644 (Engrossed in House) — To increase the supply of housing in America, and for other purposes. · Sec. 106

Sec. 106. Multifamily loan limits

717 words·~3 min read·/bill/119/hr/6644/eh/section-106

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Title II of the National Housing Act ( 12 U.S.C. 1707 et seq. ) is amended— in section 206A ( 12 U.S.C. 1712a )— in subsection (a), in the matter following paragraph (7), by striking (commencing in 2004 and all that follows through the period at the end and inserting the following: , commencing on January 1, 2026. The adjustment of the Dollar Amounts shall be calculated by the Secretary using the percentage change in the Price Deflator Index of Multifamily Residential Units Under Construction released by the Bureau of the Census from March of the previous year to March of the year in which the adjustment is made, or calculated by the Secretary using an alternative indicator after publishing information about such alternative indicator in the Federal Register for public comment if the Price Deflator Index of Multifamily Residential Units Under Construction is not available or published. ; and by striking subsection
(b)and inserting the following: The dollar amount of any adjustment described in subsection
(a)shall be rounded to the next lower dollar. The Secretary shall publish in the Federal Register any adjustments made to the Dollar Amounts. ; in section 207(c)(3)(A) ( 12 U.S.C. 1713(c)(3)(A) )— by striking $38,025 and inserting $167,310 ; by striking $42,120 and inserting $185,328 ; by striking $50,310 and inserting $221,364 ; by striking $62,010 and inserting $272,844 ; by striking $70,200 and inserting $308,880 ; by striking , or not to exceed $17,460 per space ; by striking $43,875 and inserting $193,050 ; by striking $49,140 and inserting $216,216 ; by striking $60,255 and inserting $265,122 ; by striking $75,465 and inserting $332,046 ; and by striking $85,328 and inserting $375,443 ; in section 213(b)(2) ( 12 U.S.C. 1715e(b)(2) )— by striking $41,207 and inserting $181,311 ; by striking $47,511 and inserting $209,048 ; by striking $57,300 and inserting $252,120 ; by striking $73,343 and inserting $322,709 ; by striking $81,708 and inserting $359,515 ; by striking $43,875 and inserting $193,050 ; by striking $49,710 and inserting $218,724 ; by striking $60,446 and inserting $265,962 ; by striking $78,197 and inserting $344,067 ; and by striking $85,836 and inserting $377,678 ; in section 220(d)(3)(B)(iii)(I) ( 12 U.S.C. 1715k(d)(3)(B)(iii)(I) )— by striking $38,025 and inserting $167,310 ; by striking $42,120 and inserting $185,328 ; by striking $50,310 and inserting $221,364 ; by striking $62,010 and inserting $272,844 ; by striking $70,200 and inserting $308,880 ; by striking $43,875 and inserting $193,050 ; by striking $49,140 and inserting $216,216 ; by striking $60,255 and inserting $265,122 ; by striking $75,465 and inserting $332,046 ; and by striking $85,328 and inserting $375,443 ; in section 221(d)(4)(ii)(I) ( 12 U.S.C. 1715l(d)(4)(ii)(I) )— by striking $37,843 and inserting $166,509 ; by striking $42,954 and inserting $188,997 ; by striking $51,920 and inserting $228,448 ; by striking $65,169 and inserting $286,744 ; by striking $73,846 and inserting $324,922 ; by striking $40,876 and inserting $179,854 ; by striking $46,859 and inserting $206,180 ; by striking $56,979 and inserting $250,708 ; by striking $73,710 and inserting $324,324 ; and by striking $80,913 and inserting $356,017 ; in section 231(c)(2)(A) ( 12 U.S.C. 1715v(c)(2)(A) )— by striking $35,978 and inserting $166,509 ; by striking $40,220 and inserting $188,997 ; by striking $48,029 and inserting $228,448 ; by striking $57,798 and inserting $286,744 ; by striking $67,950 and inserting $324,922 ; by striking $40,876 and inserting $179,854 ; by striking $46,859 and inserting $206,180 ; by striking $56,979 and inserting $250,708 ; by striking $73,710 and inserting $324,324 ; and by striking $80,913 and inserting $356,017 ; and in section 234(e)(3)(A) ( 12 U.S.C. 1715y(e)(3)(A) )— by striking $42,048 and inserting $185,011 ; by striking $48,481 and inserting $213,316 ; by striking $58,469 and inserting $257,263 ; by striking $74,840 and inserting $329,296 ; by striking $83,375 and inserting $366,850 ; by striking $44,250 and inserting $194,700 ; by striking $50,724 and inserting $223,186 ; by striking $61,680 and inserting $271,392 ; by striking $79,793 and inserting $351,089 ; and by striking $87,588 and inserting $385,387 . Nothing in this section or the amendments made by this section may be construed to limit the authority of the Secretary of Housing and Urban Development to revise the statutory exceptions for high-cost percentage and high-cost areas annual indexing.
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Citation graph
cites case law
Sec. 106
Multifamily loan limits
U.S.C.§ 1707
U.S.C.§ 1712a
U.S.C.§ 1713
U.S.C.§ 1715e
U.S.C.§ 1715k
U.S.C.§ 1715l
U.S.C.§ 1715v
U.S.C.§ 1715y
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