; (4) rental housing subsidized by the Rural Housing Service (RHS) of the Department of Agriculture is often the only affordable option in rural communities; (5) more than half of extremely low-income rural renters experience housing insecurity; (6) the Housing Trust Fund (HTF) provides a dedicated, permanent source of funding for affordable housing; (7) the HTF is an important source of gap financing for State housing finance agencies, used along with tax credits and the HOME Investment Partnership program (HOME); (8) the Capital Magnet Fund (CMF) provides funding to nonprofits and Community Development Financial Institutions (CDFIs) to expand financing for the development, rehabilitation, and purchase of affordable housing and other related economic development projects in distressed communities; (9) the HTF and CMF are funded through contributions from the Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac; (10) the GSEs are required to annually set aside an amount equal to 4.2 basis points for each dollar of the unpaid principal balance of their total new business purchases to support the affordable housing programs; (11) in 2023, receipts from the GSE set aside dropped significantly due to shifting market conditions; (12) the HOME program is used, in combination with housing tax credits, by State housing finance agencies to build affordable rental housing; (13) the HOME program is also the primary Federal resource for the construction of affordable family homes; (14) despite its importance and effectiveness, the HOME program has not been adequately funded in relation to increasing costs associated with single family and multifamily housing construction; (15) restrictive land use regulations disproportionately affect low- and moderate-income families by limiting the availability of quality affordable housing and driving up the costs of existing housing