Boosting Housing Supply through Small Businesses Act of 2026

Key Points

• This bill requires the Small Business Administration (SBA) and the Department of Housing and Urban Development (HUD) to coordinate on helping small businesses in the housing industry. They must work together to expand capital access, streamline assistance, and reduce barriers for these companies.
• The bill targets a wide range of small housing businesses, from homebuilders and contractors to property managers and housing startups. Congress notes that the majority of American homebuilders and specialty contractors are already small businesses.
• Within 180 days of becoming law, the agencies must publish an interagency plan that identifies gaps in current programs and proposes reforms, including potential new loan products and innovation programs for housing startups.
• The plan must include ways to help housing startups access the Small Business Innovation Research and Small Business Technology Transfer programs, aiming to encourage new technology and methods in homebuilding.
• State and local governments, community organizations, and small businesses themselves must be consulted in developing the plan, ensuring it reflects real-world needs.