H.R. 7504 — Housing for America’s Middle Class Act of 2026

This section sets forth congressional findings that (1) a lack of affordable housing impacts millions of middle-class working American families; (2) many such families exceed income limits for certain federal housing financing and benefits; and (3) these families are often excluded from neighborhoods near their places of work, schools, shopping, and healthcare due to a lack of affordability.

This section directs the Comptroller General of the United States to submit to Congress, not later than 180 days after the date of enactment of this Act, a report that (1) identifies issues with housing affordability for middle-income homeowners and renters, including the most unaffordable geographic areas; (2) identifies federal housing programs—including tax credits, grants, credit programs, and others—that benefit lower-income households but are unavailable to middle-income households; (3) identifies gaps in the inclusion of middle-income households in federal housing programs designed to promote affordability; (4) recommends a definition of “workforce housing” based on income parameters to assist federal agencies in including middle-income households under existing federal programs; and (5) analyzes how such a definition could relate to incentives for workforce housing development through federal programs, policies, and initiatives.