Text of Senate Amendment 4369

Text of Senate Amendment 4369

Congressional Record, Volume 172 Issue 42 (Thursday, March 5, 2026) [Congressional Record Volume 172, Number 42 (Thursday, March 5, 2026)] [Senate] [Pages S905-S906] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 4369. Ms. ROSEN submitted an amendment intended to be proposed by her to the bill H.R. 6644, a bill to increase the supply of housing in America, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. INTERAGENCY COORDINATION TO SUPPORT HOUSING INDUSTRY BUSINESSES. (a) Definitions.--In this Act: (1) Administration; administrator.--The term ``Administration'' and ``Administrator'' mean the Small Business Administration and the Administrator thereof, respectively. (2) Appropriate congressional committees.--The term ``appropriate congressional committees'' means-- (A) the Committee on Small Business and Entrepreneurship and the Committee on Banking, Housing, and Urban Affairs of the Senate; and (B) the Committee on Small Business and the Committee on Financial Services of the House of Representatives. (3) Department.--The term ``Department'' means the Department of Housing and Urban Development. (4) Housing industry small business.--The term ``housing industry small business'' means a small business concern in the housing industry that contributes to housing supply and affordability, including residential and multifamily homebuilders, developers, general and specialty contractors, property managers and owners, housing startups, and home improvement and repair businesses. (5) Secretary.--The term ``Secretary'' means the Secretary of Housing and Urban Development. (6) Small business concern; small business development center.--The terms ``small business concern'' and ``small business development center'' have the meanings given those terms in section 3 of the Small Business Act (15 U.S.C. 632). (b) Interagency Coordination.--The Administrator shall coordinate with the Secretary to-- (1) expand access to capital for housing industry small businesses, including rural and businesses; (2) streamline existing technical assistance, resources, and counseling services provided by the Administration and the Department that benefit housing industry small businesses; (3) increase awareness and improve access for housing industry small businesses to Administration and Department financial and technical assistance programs; and (4) reduce barriers to starting and growing a housing industry small business. (c) Interagency Plan.-- (1) In general.--Not later than 180 days after the date of enactment of this Act, the Administrator shall work in coordination with the Secretary to develop and submit to the appropriate congressional committees, [[Page S906]] and make publicly available on a website of the Administration, an interagency plan that includes-- (A) an examination of current gaps in financial and technical assistance for housing industry small businesses at the Administration and the Department; (B) reforms to expand access to Administration loans to housing industry small businesses, including expanding eligibility for current loan programs, including the loan programs under subsections (a) and (m) of section 7 of the Small Business Act (15 U.S.C. 636) and section 502 of the Small Business Investment Act of 1958 (15 U.S.C. 696), or creating new loan products for housing industry small businesses; (C) new programming or resources to be offered by the Administration or the Department that are specifically tailored to the needs of housing industry small businesses, including opportunities to host joint trainings or workshops; (D) processes for information sharing and discussion of best practices between the Administration and the Department; (E) opportunities for coordinated support between resource partners, including small business development centers, women's business centers described in section 29 of the Small Business Act (15 U.S.C. 656), Veteran Outreach Business Centers described in section 32 of such Act (15 U.S.C. 657b), and chapters of the Service Corps of Retired Executives described in section 8(b)(1)(B) of such Act (15 U.S.C. 637(b)(1)(B)); and (F) opportunities to support startups developing innovative products related to the housing industry, including by reducing barriers to access the Small Business Innovation Research and Small Business Technology Transfer programs under section 9 of the Small Business Act (15 U.S.C. 638) or creating new innovation initiatives. (2) Community engagement.--The Administrator and the Secretary shall work in partnership with State and local governments, housing industry small businesses, resource partners described in paragraph (1)(E), and community and nonprofit organizations to develop the interagency plan required under paragraph (1). ____________________