The Secretary must develop an indexing method and set the limits each year
To increase the supply of housing in America, and for other purposes, section 303, Sec. 303.
Written by .
The Secretary must develop an indexing method and set the limits each year
The document says “shall”Who acts: Secretary of Housing and Urban DevelopmentHow: statuteSec. 303 in the PDF
What the document says
“The Secretary shall develop or choose 1 or more methods of indexing in order to annually set the loan limits established in paragraph (1), based on data the Secretary determines is appropriate for purposes of this section.''; and”
The section replaces paragraph (9) of section 2(b) of the National Housing Act with a duty on the Secretary to develop or choose one or more methods of indexing to set the loan limits each year, based on data the Secretary considers appropriate. The Secretary must do so within a year of enactment, and until then the indexing method in place before enactment continues to apply.
What the document actually says
“The Secretary shall develop or choose 1 or more methods of indexing in order to annually set the loan limits established in paragraph (1), based on data the Secretary determines is appropriate for purposes of this section.''; and”
That sentence, in plain words
The housing agency must build or pick a way to update the limits. It uses that way to set them once a year. It picks the data it thinks fits.
What this is about
Indexing means moving a figure with some measure, often prices. The agency has one year to choose a method. Until then the old one stays.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Increase the supply of housing in America, Public Law 119-101, sec. 303, 140 Stat. 892 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ101/html/PLAW-119publ101.htm
This page
“The Secretary must develop an indexing method and set the limits each year,” Increase the supply of housing in America, section 303, Sec. 303. Read the Mandate, https://readthemandate.org/pl-119-101/proposal/sec303-annual-indexing/ (retrieved October 10, 2026).
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