Promoting Access to Diabetic Shoes Act

Senate Bill

S. 1805

119th Congress

Promoting Access to Diabetic Shoes Act

In Committee

Introduced:Sep 2, 2025

Primary Sponsor

Catherine Cortez Masto

D - NV

Cosponsors

1

Quick Stats

Policy Area

Taxation

Summary

This bill aims to make it easier for low- and moderate-income families to buy and improve their homes. It does this by modifying two government programs that help people get mortgages and home improvement loans with lower interest rates.

Latest Action

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

AI Summary

Plain-English explanation of this bill

This bill aims to make it easier for low- and moderate-income families to buy and improve their homes. It does this by modifying two government programs that help people get mortgages and home improvement loans with lower interest rates.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Affordable Housing Bond Enhancement Act This bill modifies the Mortgage Revenue Bond (MRB) and the Mortgage Credit Certificate (MCC) programs of state housing finance agencies to expand the supply of affordable homes and homeownership for low- and moderate-income homebuyers. The bill requires the Internal Revenue Service to annually report to the congressional banking and tax committees on the use by states of their private activity bond authority for housing investment. It also increases the MRB home improvement loan limit from $15,000 to $50,000. The bill permits states to redesignate their carryforward authority and use it for housing investment and permits MRBs to be used to refinance home loans for borrowers who have incomes below 115% of median family income. The bill modifies the recapture requirement for homeowners who receive a MRB-financed mortgage or an MCC and sell their residences within the first nine years of ownership and reduces the time in which a recapture tax may be assessed from nine to five years. The bill revises the MCC benefit calculation to a simple percentage of the original loan balance. It also extends the MCC revocation period from two to four years. The bill reduces the public notice requirement for MCC issuers from 90 days to 30 days and eliminates certain MCC lendor reporting requirements.

Key Points

Main provisions of the bill

Increases the limit on home improvement loans from $15,000 to $50,000
Allows states to use their bond authority to invest in more affordable housing options
Reduces the time that homeowners have to pay back a tax if they sell their home within a few years

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would benefit low- and moderate-income Americans who are looking to buy a home or make improvements to their existing home. It would provide them with more access to affordable mortgages and home improvement loans, which could make homeownership more accessible and sustainable for these families.

Policy Areas

Primary Policy Area

Taxation

Related Subjects

Congressional oversight

Housing and community development funding

Housing finance and home ownership

Housing supply and affordability

Income tax credits

Low- and moderate-income housing

Residential rehabilitation and home repair

State and local finance

State and local government operations

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1805, 119th Congress (2025). "Promoting Access to Diabetic Shoes Act". Source: Voter's Right Platform. https://votersright.org/bills/118-s-1805