HOME Investment Partnerships Reauthorization and Improvement Act of 2025

Increased Funding for Housing: The bill authorizes specific appropriations for the program from 2025 through 2029, with amounts increasing each year (Sec. 101).

Expanded Affordable Housing Qualifications: The bill introduces "small-scale housing" (up to 4 rental units) as a way to qualify as affordable housing, provided specific rent and occupancy requirements are met (Sec. 201).

Flexibility for Homeowners: New provisions allow for the suspension or waiver of certain requirements for military members facing deployment or permanent change of station (Sec. 203).

Support for Families in Crisis: Housing may continue to qualify as affordable if it is the principal residence of an heir or beneficiary of a deceased owner under certain conditions (Sec. 203).

Empowerment through Community Land Trusts: The bill allows community land trusts to acquire housing for purposes such as performing necessary rehabilitation or adding subsidies to preserve affordability (Sec. 203).

New Financing Opportunities: The establishment of a home loan guarantee program allows jurisdictions to finance the development, preservation, acquisition, or reconstruction of affordable housing (Sec. 207).

Potential Loss of Funds for Non-compliant Jurisdictions: The Secretary is granted the authority to reduce payments to a participating jurisdiction if funds are not expended in accordance with the title (Sec. 205).

Jurisdiction Removal: The Secretary may remove a participating jurisdiction from receiving fund reallocations if they fail to meet or comply with the requirements of the title (Sec. 104).

Increased Financial Risk Oversight: The Secretary may deny a loan guarantee if they determine that the proposed repayment period causes an unacceptable financial risk (Sec. 207).