Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Housing and Community DevelopmentGovernment lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityLow- and moderate-income housing
Why This Matters
This bill reauthorizes and improves a program that helps communities create affordable housing. It ensures more funding and better protections for people living in these homes.
If you need affordable housing, this bill could lead to more available options in your community.
Who this affects
Low-income families · Moderate-income families
What changes is this bill making?
1This bill would continue funding for the HOME Investment Partnerships Program for several years.
2It would increase the amount of money available for program administration from 10% to 15%.
3The bill would change how jurisdictions qualify for funding and adjust thresholds for inflation.
4It would eliminate deadlines for committing funds and improve housing inspections.
5The bill would strengthen protections for tenants in affordable housing.
