The Community Housing Act of 2026 commits approximately $86.5 billion over ten years to expand affordable housing production and prevent evictions across the country. The bill provides $1.5 billion annually to the Capital Magnet Fund for nonprofits and community development organizations, nearly $25 billion to HUD's HOME Investment Partnerships Program through 2030, $100 million annually for an new eviction prevention grant program, and $200 million annually to the Department of Agriculture for rural rental housing loans. To accelerate housing development, the bill streamlines federal requirements by waiving certain matching funds and set-asides while maintaining protections for tenants, fair housing, and labor standards. The bill also directs the Federal Housing Finance Agency to expand Fannie Mae and Freddie Mac's ability to finance residential construction loans, providing additional sources of affordable financing for home builders. These investments affect nonprofits, community development organizations, rural communities, and low-income households seeking stable housing through 2037.