This bill aims to significantly increase the supply of affordable rental housing by utilizing properties owned by faith-based organizations and institutions of higher education. It defines affordable rental housing as charging a monthly rent not exceeding 30 percent of a covered household's income, with covered households earning at or below 100 percent of the area median income. The legislation establishes a technical assistance program to help faith-based organizations, institutions of higher education, and local governments remove barriers to developing and preserving affordable rental housing on their properties. This program will offer resources on understanding development processes, accessing federal assistance, and implementing best practices for housing production, particularly for vulnerable populations like the homeless, individuals with disabilities, and extremely low-income families. Furthermore, the bill creates a Challenge Grant program , awarding competitive grants to eligible grantees, including states and local governments. To qualify, applicants must demonstrate existing policies that remove barriers to affordable housing development on properties owned by faith-based organizations and institutions of higher education. Grant funds can be used for assessing and removing local policy barriers, providing outreach and technical assistance, and directly funding affordable rental housing projects. Preference for these grants will be given to projects that serve extremely low-income families , individuals experiencing or at risk of homelessness, and those with disabilities, especially in well-resourced areas. The bill authorizes significant appropriations, including $25 million for technical assistance in fiscal year 2026 and $50 million annually for challenge grants from fiscal years 2026 through 2031, to support these initiatives.