H.R. 10325: To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

This bill would change how much money the Federal Home Loan Banks must put into the Affordable Housing Program each year.

What the bill does

• Under current law, the Federal Home Loan Banks are required to contribute a portion of their annual net income to the Affordable Housing Program.
• This bill would update that requirement for 2026 and later years.
• Starting in 2026, the Banks would have to contribute 15% of the prior year’s net income, or enough to make sure the total annual contribution across all the Banks is at least $100 million each year.
• If needed, the required amount would be adjusted so the combined contribution does not fall below that $100 million minimum.

Practical effect

The main effect would be to increase or preserve funding available for affordable housing activities supported by the Federal Home Loan Bank system. The bill does not describe new housing programs itself; it changes the funding formula for the existing Affordable Housing Program.

Relevant Companies

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