This bill establishes a new federal agency called the United States Interagency Council on Housing Affordability and Preservation to coordinate government efforts on affordable housing and rental market fairness. The council will be composed of representatives from 21 federal departments and agencies, including HUD, the Treasury Department, and the Department of Labor, with leadership rotating annually among members. Within 12 months of enactment, the council must develop a National Strategic Plan to Preserve Affordable Housing and update it annually, while also monitoring federal housing programs, providing technical assistance to states and local governments through 10 regional coordinators, and publishing bimonthly bulletins about available federal resources. The bill authorizes $4.8 million annually for fiscal years 2027 through 2031 to support the council's operations, including staffing and regional workshops. The council will submit annual reports to Congress assessing affordable housing problems and recommending legislative and administrative actions to address them.
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