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S 948119th CongressIntroduced
HOME Investment Partnerships Reauthorization and Improvement Act of 2025
Introduced: Oct 29, 2025
Housing & Urban Development
Standard Summary
Comprehensive overview in 1-2 paragraphs
The HOME Investment Partnerships Reauthorization and Improvement Act of 2025 reauthorizes and reforms the HOME program, increasing funding, adjusting eligibility thresholds, enhancing enforcement, and establishing a loan guarantee mechanism to support affordable housing development and preservation.
Key Points
- 1Reauthorizes the HOME program with escalating funding from $5B in FY25 to $6.07B in FY29.
- 2Modifies eligibility criteria for jurisdictions and introduces inflation adjustments for thresholds.
- 3Establishes a loan guarantee program to finance affordable housing acquisition and rehabilitation.
- 4Strengthens tenant protections for small-scale housing and adjusts resale restrictions for homeownership properties.
Impact Areas
Low-income families and individuals seeking affordable housingParticipating jurisdictions managing HOME program fundsCommunity housing development organizations and land trustsState and local governments implementing housing policies
Generated by legislative-analysis-v2 on Nov 10, 2025