To increase the supply of housing in America, and for other purposes, section 501, Sec. 501.
Written by .
The deadline for drawing trust funds is removed
The document says “is amended”Who acts: CongressHow: statuteSec. 501 in the PDF
What the document says
“(1) by striking subsection (g); and (2) by redesignating subsection (h) as subsection (g).”
The section strikes subsection (g) of section 218 of the Cranston-Gonzalez National Affordable Housing Act, which carried the expiration of the right to draw HOME Investment Trust Fund money, and redesignates the following subsection.
What the document actually says
“(1) by striking subsection (g); and (2) by redesignating subsection (h) as subsection (g).”
That sentence, in plain words
One part of an older law is struck out. The part after it moves up to take its place.
What this is about
The struck part set a deadline for drawing the money. After it a place lost the right. That deadline is now gone.
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. 501, 140 Stat. 907 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ101/html/PLAW-119publ101.htm
This page
“The deadline for drawing trust funds is removed,” Increase the supply of housing in America, section 501, Sec. 501. Read the Mandate, https://readthemandate.org/pl-119-101/proposal/sec501-draw-deadline/ (retrieved October 10, 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, checked against 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.
