No escrow for a family above 80 percent of area median income at enrollment
To increase the supply of housing in America, and for other purposes, section 404, Sec. 404.
Written by .
No escrow for a family above 80 percent of area median income at enrollment
The document says “may not”Who acts: eligible entitiesHow: statuteSec. 404 in the PDF
What the document says
“An eligible entity may not escrow any amounts for any covered family whose adjusted income exceeds 80 percent of the area median income at the time of enrollment.”
The new subsection bars an eligible entity from putting money in escrow for a covered family whose adjusted income at the time of enrollment is above 80 percent of area median income.
What the document actually says
“An eligible entity may not escrow any amounts for any covered family whose adjusted income exceeds 80 percent of the area median income at the time of enrollment.”
That sentence, in plain words
The body may not save money for a family that earns too much. The line is 80 percent of the middle income for the area. It is drawn at the time the family joins.
What this is about
The middle income where a family lives is the yardstick. Income is counted after set deductions. A family above the line is left out.
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. 404, 140 Stat. 901 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ101/html/PLAW-119publ101.htm
This page
“No escrow for a family above 80 percent of area median income at enrollment,” Increase the supply of housing in America, section 404, Sec. 404. Read the Mandate, https://readthemandate.org/pl-119-101/proposal/sec404-income-limit/ (retrieved August 26, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, and we check the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
