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Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act

8/16/2025, 8:06 AM

Summary of Bill HR 4568

The bill, titled "To amend the National Housing Act," introduced in the 119th Congress as H.R. 4568 on July 21, 2025, aims to direct the Secretary of Housing and Urban Development to create an insurance program for specific second liens on property, primarily intended for funding accessory dwelling unit construction.

Current Status of Bill HR 4568

Bill HR 4568 is currently in the status of Bill Introduced since July 21, 2025. Bill HR 4568 was introduced during Congress 119 and was introduced to the House on July 21, 2025.  Bill HR 4568's most recent activity was Referred to the House Committee on Financial Services. as of July 21, 2025

Bipartisan Support of Bill HR 4568

Total Number of Sponsors
6
Democrat Sponsors
6
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
78
Democrat Cosponsors
67
Republican Cosponsors
11
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4568

Primary Policy Focus

Alternate Title(s) of Bill HR 4568

To amend the National Housing Act to direct the Secretary of Housing and Urban Development to establish a program to insure certain second liens secured against property for the purpose of financing the construction of an accessory dwelling unit, and for other purposes.
To amend the National Housing Act to direct the Secretary of Housing and Urban Development to establish a program to insure certain second liens secured against property for the purpose of financing the construction of an accessory dwelling unit, and for other purposes.

Comments

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