{"database": "press", "table": "releases", "rows": [["https://vindman.house.gov/2025/12/10/vindman-bresnahan-lead-bipartisan-effort-to-expand-small-business-administration-lending-eligibility-for-residential-developers-boost-housing-supply/", "Vindman, Bresnahan Lead Bipartisan Effort to Expand Small Business Administration Lending Eligibility for Residential Developers, Boost Housing Supply", "2025-12-10", "2025", "2025-12", "Democrat", "House", "VA", "Eugene Simon Vindman", "V000138", "vindman.house.gov", "vindman", "https://vindman.house.gov/category/press-releases/", "scraper", "Washington, D.C. \u2014 U.S. Representatives Eugene Vindman (D-Va.-07) and Rob Bresnahan (R-Pa.-08) introduced bipartisan legislation to require the Small Business Administration (SBA) to carry out a pilot program for the construction or management of build-to-rent multifamily housing.\n\nThe Main Street Home Builders Act would authorize the SBA\u2019s 504-loan program to support small-scale residential construction under a new pilot. The program would operate under clear performance standards to track success and protect taxpayer dollars. By leveraging the proven structure of the SBA\u2019s 504-loan program, focusing support on small builders, and establishing strict caps and time limits, this bill would increase the nation\u2019s housing supply.\n\n\u201cCommunities across America are being squeezed by rising construction costs and a shrinking housing supply. This bill will unlock new opportunities for small builders \u2014 empowering them to help deliver the homes our neighbors desperately need,\u201d said Vindman. \u201cBy using the Small Business Administration\u2019s proven 504-loan framework in a responsible pilot program, we can grow housing supply, lower costs, and safeguard taxpayer dollars all at once.\u201d\n\n\u201cFamilies in Northeastern Pennsylvania are being priced out of the housing market, and we can\u2019t afford to let red tape keep holding back the small businesses that are ready to build more homes,\u201d said Bresnahan. \u201cThe Main Street Home Builders Act is a commonsense step to lower costs by helping local builders access the tools they need to get more homes on the market. When our local builders can get shovels in the ground faster, families across NEPA see lower costs and more housing options.\u201d\n\nBACKGROUND\n\nRising construction costs and limited housing supply are putting pressure on communities nationwide. Meeting the country\u2019s economic and workforce needs will require building more homes \u2014 and empowering small builders is essential to lowering costs and extending supply. Under current law, the SBA\u2019s 504 Loan Program helps small businesses finance commercial development projects but doesn\u2019t allow small builders to use it for residential construction. This gap limits the ability of local builders to respond to housing demand and slows efforts to increase affordable, attainable housing across the country.\n\n###", 1, "2026-03-30T01:40:41Z", "2026-04-06T20:09:11Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://vindman.house.gov/2025/12/10/vindman-bresnahan-lead-bipartisan-effort-to-expand-small-business-administration-lending-eligibility-for-residential-developers-boost-housing-supply/"], "units": {}, "query_ms": 0.7424599025398493, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}