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Immigrant Investment Boosts Housing Supply, Prioritizing Affordable Homes.

This law modifies the EB-5 immigrant investor program to specifically encourage foreign capital investment in housing construction and preservation across the US. By prioritizing housing projects, especially those linked to federal assistance programs, the goal is to increase the overall supply of homes. This change aims to help stabilize housing costs and increase the availability of affordable rental and purchase options for citizens.
Key points
The EB-5 visa program now explicitly includes 'housing projects' as a qualifying investment category for immigrant investors seeking permanent residency.
The government will fast-track the approval process for investment applications focused on housing, particularly low-income housing projects supported by federal programs.
The law defines a housing project as one primarily focused on producing, preserving, or rehabilitating rental housing or homes for use only as a principal residence.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_3309
Sponsor: Sen. Gallego, Ruben [D-AZ]
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Building Housing for the American Dream Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3309.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What are the main provisions?

Key points include:

  • The EB-5 visa program now explicitly includes 'housing projects' as a qualifying investment category for immigrant investors seeking permanent residency.
  • The government will fast-track the approval process for investment applications focused on housing, particularly low-income housing projects supported by federal programs.
  • The law defines a housing project as one primarily focused on producing, preserving, or rehabilitating rental housing or homes for use only as a principal residence.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Gallego, Ruben [D-AZ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Migration Real Estate Public Investments