HR. 8854In Committee

To establish a pilot program for the Secretary of Housing and Urban Development to evaluate the effectiveness of insuring mortgages made to finance improvements to convert basement spaces into safely habitable dwelling units, and for other purposes.

Chamber
House
Sponsor
Gregory W. MeeksGregory W. MeeksHouse • District 5
Introduced
2026-05-15
Impact Score
24
Limited
Momentum
24
Stable
Summary
Establish a HUD pilot program to evaluate mortgage insurance for converting basement spaces into safely habitable dwelling units
What this does
  • Establish HUD pilot program
  • Review mortgage insurance effectiveness
Latest action
2026-05-15 — Referred to the House Committee on Financial Services.
Amendments
View on Congress.gov