U.S. Congressmen Yakym, Moore introduce bipartisan Affordable Housing Bond Enhancement Act

Thursday, February 12, 2026 at 6:00 PM

Today, Congressman Rudy Yakym (R-IN-02) and Congresswoman Gwen Moore (D-WI-04) introduced the Affordable Housing Bond Enhancement Act, which would make homeownership more accessible and sustainable for working families.

“For too many first-time buyers, the American Dream of homeownership is slipping further out of reach,” Rep. Yakym said. “Updating these bonds and tax credits will help reduce interest costs and make it easier for hardworking Hoosiers to achieve that dream.”

“We need to fully leverage every resource to bring the dream of homeownership to more families, including in Milwaukee, where racial disparities in homeownership remain stark,” Rep. Moore said. “Since their inception, the Mortgage Revenue Bond (MRB) and Mortgage Credit Certificate (MCC) have helped 3.5 million low- and moderate-income families become homeowners. Our bicameral, bipartisan legislation makes important enhancements to these long-standing programs, so they can better serve Americans and their families.”

“The National Council of State Housing Agencies (NCSHA) thanks Representatives Rudy Yakym and Gwen Moore for taking the lead on this commonsense legislation to increase bond resources for affordable housing and make homeownership more affordable for working families,” Stockton Williams, Executive Director of NCSHA said. “Mortgage Revenue Bonds and Mortgage Credit Certificates historically have been the state housing finance agencies primary tool for financing affordable homeownership opportunities for low-and moderate-income households, having helped more than four million home buyers combined. This legislation will enact simple yet effective reforms that will allow MRBs and MCCs to serve even more homebuyers at a time when homeownership is increasingly out of reach for many Americans.”

Read the full bill text HERE.