This bill, introduced in March 2026, directs the Small Business Administration and the Department of Housing and Urban Development to coordinate their efforts to support small businesses in the housing industry, including homebuilders, contractors, developers, and home improvement companies. Within 180 days of the bill's enactment, these two agencies must develop and publicly release an interagency plan that identifies gaps in current assistance programs, proposes reforms to expand access to SBA loans for housing businesses, and outlines new tailored resources and joint training opportunities. The plan must also detail how the agencies will work with resource partners like small business development centers and women's business centers, and how they will support housing startups developing innovative products. The bill aims to address the nation's severe shortage of affordable housing by helping the small businesses that make up the majority of the homebuilding and contracting workforce to access capital more easily and reduce barriers to starting and growing their operations.
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