H.R. 6132In committeeJobs & the economy
FHA loan limits for apartment construction set to roughly quadruple under House bill
Data as of July 11, 2026
HR 6132 raises FHA multifamily loan limits roughly fourfold and ties them to a Census construction index starting in 2026.50-second read · 4 questions answered below
Decoded
What does this do?
HR 6132 raises the maximum dollar amounts the FHA will insure on loans used to build or renovate apartment buildings of five or more units. The new limits are roughly four times higher than the figures currently written into law, which are decades old and far below current construction costs. Beginning in 2026, the limits would adjust automatically each year using a construction cost index published by the Census Bureau.
Who does it affect?
The bill directly affects apartment developers, builders, and property owners who use FHA-backed loans to finance multifamily housing projects. Renters are indirectly affected, since available financing can influence how many new rental units are built.
Why does it matter?
Higher loan limits would allow borrowers to obtain federal backing on larger loans, which may change the cost and feasibility of financing apartment construction or rehabilitation. Whether more housing actually gets built depends on other factors, including local zoning, land costs, and interest rates.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
AI-drafted summary. Verify it against the official text before you act on it.
Three steps: where you stand, your script, the call.
Make the callSee how a call works
Official title
Housing Affordability Act
- Introduced:
- November 19, 2025
- Latest action:
- November 19, 2025
Referred to the House Committee on Financial Services.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.