Outreach events must be held yearly and an exclusion process set up
To increase the supply of housing in America, and for other purposes, section 906, Sec. 906.
Written by .
Outreach events must be held yearly and an exclusion process set up
The document says “shall”Who acts: Secretary of the TreasuryHow: statuteSec. 906 in the PDF
What the document says
“The Secretary shall hold outreach events to promote the participation of financial agents, large financial institutions, and small financial institutions in the Program at least once a year.”
The new subsection requires the Secretary of the Treasury to hold outreach events at least once a year promoting participation in the program, and to issue guidance or regulations setting up a process by which a financial agent, large institution, or small institution may be excluded from it.
What the document actually says
“The Secretary shall hold outreach events to promote the participation of financial agents, large financial institutions, and small financial institutions in the Program at least once a year.”
That sentence, in plain words
The Treasury must hold outreach events. It must do so at least once a year. The point is to get banks of all sizes to take part.
What this is about
The Treasury must also set a way to shut a body out. That comes through guidance or a rule. Any of the three kinds of bank can be excluded.
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. 906, 140 Stat. 970 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ101/html/PLAW-119publ101.htm
This page
“Outreach events must be held yearly and an exclusion process set up,” Increase the supply of housing in America, section 906, Sec. 906. Read the Mandate, https://readthemandate.org/pl-119-101/proposal/sec906-outreach-and-exclusion/ (retrieved October 10, 2026).
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