Homeowners could get federal help to build backyard apartments or other small rental units.
Homeowners could get federal help to build small rental units, like backyard cottages or converted garages. This bill would create a new federal program to insure loans for these projects. This could make it easier for homeowners to get funding and for lenders to offer these loans, with the Department of Housing and Urban Development running the program.
Right now, there is no federal program to insure second loans for building accessory dwelling units. Also, Fannie Mae and Freddie Mac are not told to buy and package these types of loans. This bill would create a federal insurance program for these loans. It would be run by the Department of Housing and Urban Development. It would also let Fannie Mae and Freddie Mac buy and package these insured loans. This could make it easier to get money for ADUs.
HR 4479 · 119th Congress · July 17, 2025 · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.