Make Housing Affordable and Defend Democracy Act

H.R. 6390 would redirect approximately $175 billion in federal funding from immigration enforcement programs to affordable housing initiatives. The bill would create a monthly Renter Tax Credit for individuals and families paying more than 30 percent of their income on rent, with credits ranging from 25 to 100 percent of excess rent depending on income level. The legislation would also provide first-time homebuyer credits of up to $25,000, with higher amounts for first-generation homebuyers and those in high-cost areas, along with tax credits to incentivize construction of starter homes and conversion of vacant buildings into affordable housing units.

Additionally, the bill would enhance the Low-Income Housing Tax Credit for extremely low-income households and allocate $50 million for community outreach to help eligible families understand and access these housing support programs. If enacted, these provisions would aim to lower rents, expand homeownership opportunities, and increase the supply of affordable housing. The bill is currently in committee and has not yet been voted on by the full House.