House BillHR 2031Low- and moderate-income housingHousing supply and affordability
HOME Investment Partnerships Reauthorization and Improvement Act of 2025
INTRO MAR 11· LAST ACTION MAR 11
READING
23MIN
COSPONSORS
31
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
Voters should care about this bill because it directly addresses the critical issue of affordable housing availability across the nation. By reauthorizing and significantly increasing funding for the HOME program, it ensures that more resources will be available to build, preserve, and maintain housing that low-income families can afford to rent or buy. This helps combat homelessness, reduces housing instability, and allows families to allocate more of their income to other essential needs like food, healthcare, and education.
If this bill becomes law, it could lead to a tangible expansion of affordable housing options, potentially shortening waiting lists for housing assistance and making homeownership more accessible for eligible individuals. It also aims to make the program more efficient, flexible, and accountable, responding better to local housing needs. If it doesn't pass, the HOME program's authorization could lapse or its funding might stagnate, hindering efforts to address the ongoing housing crisis and leaving existing program inefficiencies unaddressed, which would continue to exacerbate housing affordability challenges for millions of Americans.
KEY PROVISIONS
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PROVISION 01
Reauthorizes and increases funding for the HOME Investment Partnerships Program.
This ensures the program has continued and growing financial resources to support affordable housing initiatives across the country.
PROVISION 02
Increases the amount of HOME funds that state and local governments can use for program administration from 10% to 15%.
This provides participating jurisdictions with more flexibility to cover the operational costs of managing housing projects and ensuring compliance.
PROVISION 03
Modifies the definition of "affordable housing" to include specific qualification rules for "small-scale housing" (defined as up to 4 rental units).
This acknowledges the role of smaller housing units in the affordable housing landscape and tailors rules to fit their specific nature, potentially increasing options.
PROVISION 04
Establishes a new home loan guarantee program to support homeownership.
This aims to create new avenues and financial tools to make homeownership more accessible for eligible individuals and families.
PROVISION 05
Revises and strengthens enforcement and penalties for noncompliance with HOME program rules.
This aims to ensure that federal funds are used as intended and that affordable housing standards and tenant protections are consistently maintained.
Voters should care about this bill because it directly addresses the critical issue of affordable housing availability across the nation. By reauthorizing and significantly increasing funding for the HOME program, it ensures that more resources will be available to build, preserve, and maintain housing that low-income families can afford to rent or buy. This helps combat homelessness, reduces housing instability, and allows families to allocate more of their income to other essential needs like food, healthcare, and education.
If this bill becomes law, it could lead to a tangible expansion of affordable housing options, potentially shortening waiting lists for housing assistance and making homeownership more accessible for eligible individuals. It also aims to make the program more efficient, flexible, and accountable, responding better to local housing needs. If it doesn't pass, the HOME program's authorization could lapse or its funding might stagnate, hindering efforts to address the ongoing housing crisis and leaving existing program inefficiencies unaddressed, which would continue to exacerbate housing affordability challenges for millions of Americans.
KEY PROVISIONS
AI-extracted
high
Reauthorizes and increases funding for the HOME Investment Partnerships Program.
This ensures the program has continued and growing financial resources to support affordable housing initiatives across the country.
med
Increases the amount of HOME funds that state and local governments can use for program administration from 10% to 15%.
This provides participating jurisdictions with more flexibility to cover the operational costs of managing housing projects and ensuring compliance.
med
Modifies the definition of "affordable housing" to include specific qualification rules for "small-scale housing" (defined as up to 4 rental units).
This acknowledges the role of smaller housing units in the affordable housing landscape and tailors rules to fit their specific nature, potentially increasing options.
high
Establishes a new home loan guarantee program to support homeownership.
This aims to create new avenues and financial tools to make homeownership more accessible for eligible individuals and families.
med
Revises and strengthens enforcement and penalties for noncompliance with HOME program rules.
This aims to ensure that federal funds are used as intended and that affordable housing standards and tenant protections are consistently maintained.
Not specified; the bill authorizes revisions to strengthen enforcement and penalties for noncompliance.
Participating jurisdictions, housing developers, or owners failing to comply with HOME program rules.
GLOSSARY
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HOME Investment Partnerships Program
A federal program that provides financial assistance to states and local governments to create and preserve affordable housing for low-income families.
Participating Jurisdiction
A state or local government (such as a city or county) that receives and manages funds from the HOME program to develop or improve affordable housing.
Reallocation
The process where federal funds that were originally given to one jurisdiction but were not used within a set timeframe are then redistributed to other eligible jurisdictions.
Affordable Housing
Housing that costs a certain percentage (often 30%) or less of a household's income, making it accessible for low-income individuals or families.
Community Housing Development Organization (CHDO)
A non-profit organization focused on housing, recognized by the federal government, that partners with local governments to develop affordable housing projects.
Low-Income Family
A household whose income is at or below a specific percentage (e.g., 80%) of the median income for their area, as defined by federal guidelines for housing assistance.
Section 8 Voucher
ACTION TIMELINE
2 EVENTS
MAR 11, 25
Introduced in House
INTROREFERRAL
MAR 11, 25
Referred to the House Committee on Financial Services.
A housing subsidy provided by the federal government that helps very low-income families, the elderly, and people with disabilities afford safe and decent housing in the private market.
Small-scale Housing
Rental properties with a limited number of units, specifically defined in this bill as not more than 4 rental units, which may have alternative qualification requirements under the HOME program.
