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H.R. 10325House119th Congress (2025-2027)In Committee

To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

Sponsored by Maxine WatersRep. Maxine Waters (D-CA)
Introduced September 8, 2026

AI-Generated Summary

Updated September 10, 2026 at 3:11 AM UTC

H.R. 10325 would raise the required contribution that Federal Home Loan Banks must make to the Affordable Housing Program. It changes the law so that beginning in 2026 each bank must give either 15% of its prior‑year net income or enough to ensure the total contributions from all banks reach at least $100 million annually. The bill affects all Federal Home Loan Banks and the affordable‑housing projects they help fund.

Key Provisions

  • Amends the Federal Home Loan Bank Act to replace the phrase “In 1995, and subsequent years” with “In 1995 through 2025,” clarifying the historic contribution period.
  • Adds a new requirement that, for 2026 and each year thereafter, each bank must contribute 15% of its previous year’s net income, or a prorated amount, to guarantee that the combined annual contribution from all banks is no less than $100 million.

Legislative Activity

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3 earlier actions
HouseCommittee Latest Action

Ordered to be Reported Unfavorably (Amended) by the Yeas and Nays: 21 - 28.

Financial Services Committee

September 16, 2026

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HouseIntro Referral

Introduced in House

September 8, 2026

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

September 8, 2026

HouseCommittee

Committee Consideration and Mark-up Session Held

Financial Services Committee

September 16, 2026

HouseCommittee

Ordered to be Reported Unfavorably (Amended) by the Yeas and Nays: 21 - 28.

Financial Services Committee

September 16, 2026

Bill Text

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Introduced in HouseIssued September 8, 2026

I

119th CONGRESS

2d Session

H. R. 10325

IN THE HOUSE OF REPRESENTATIVES

September 8, 2026

Ms. Waters introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

1.

Increased affordable housing program investment

Section 10(j)(5) of the Federal Home Loan Bank Act (12 U.S.C. 1430 (j)(5)) is amended—

(1)

in subparagraph (C), by striking In 1995, and subsequent years, and inserting In 1995 through 2025,; and

(2)

by adding at the end the following:

(D)

In 2026, and subsequent years, 15 percent of the preceding year's net income, or such prorated sums as may be required to assure that the aggregate contribution of the Banks shall not be less than $100,000,000 for each such year.

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