Back to all bills
HR 1745119th CongressIntroduced
HOPE for Homeownership Act
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
The HOPE for Homeownership Act imposes excise taxes on hedge funds and large investors that fail to sell excess single-family homes, while disallowing tax deductions for such properties.
Key Points
- 1Imposes excise tax on hedge funds and large investors with excess single-family homes
- 2Establishes escalating tax rates based on years of non-sale (90% to 0% of holdings over 9 years)
- 3Disallows mortgage interest and depreciation deductions for covered properties
- 4Defines applicable taxpayers as entities managing pooled funds
- 5Sets maximum permissible units thresholds declining over time
- 6Applies to properties acquired on or before applicable date
Impact Areas
Hedge funds and large real estate investorsSingle-family housing marketAffordable housing availabilityReal estate investment taxationHousing supply and prices
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025