To amend the Small Business Act to establish a program under which the Small Business Administration may make supplemental disaster loans to homeowner associations to repair common areas damaged by disasters and implement disaster mitigation measures, and for other purposes.
Key claim: HR9159 would amend the Small Business Act to allow the SBA to make supplemental disaster loans to homeowner associations for repairing common areas and implementing disaster mitigation measures.
Abstract
(HR9159 · 119th Congress) Latest action (2026-06-04): Referred to the House Committee on Small Business.
Why this matters
HOAs currently occupy an ambiguous position in federal disaster recovery: neither individual homeowners nor small businesses under standard SBA eligibility, leaving common-area repair costs to fall on assessments against member owners. HR9159 would shift some of that cost burden from residents to a federal loan program and could accelerate mitigation retrofits in HOA-governed communities, with pass-through effects on housing affordability and insurance risk. For builders and buyers of HOA-governed properties, federal loan availability could reshape post-disaster recovery timelines and reserve-fund expectations.