Housing Crisis Response Act of 2025

Support for People with Disabilities: The bill provides $450,000,000 for capital advances and supportive housing specifically for people with disabilities (Section 104(a)(1)).

Support for the Elderly: It allocates $450,000,000 for the Section 202 supportive housing program to assist the elderly (Section 105(a)(1)).

First-Generation Homeownership Assistance: A significant fund is established to provide downpayment assistance, closing costs, and interest rate reductions to qualified first-generation homebuyers (Section 301(a)(1) and (d)(1)).

Increased Housing Accessibility: The bill requires multifamily housing projects to ensure a certain percentage of units are accessible for persons with mobility impairments and those with hearing or vision impairments (Section 113(a)).

Protection Against Lead Hazards: Substantial funding is dedicated to testing, evaluating, and mitigating lead-based paint and other health and safety hazards in housing for families with lower incomes (Section 202(a)(1)).

Flood Insurance Relief: The bill cancels certain indebtedness of the FEMA Administrator and provides $600,000,000 for graduated insurance cost discounts for eligible policyholders (Section 204(a)(1) and (b)(1)).

Help for Rural Residents: It provides $1,800,000,000 for loans and grants to support new construction, improvements, and the preservation of rural rental housing (Section 108(a)(1)).

Increased Access to Small Mortgages: The bill provides $76,000,000 for a program intended to increase access to small-dollar mortgages of $100,000 or less, which may include incentives to lenders or financial assistance to individuals (Section 303).

Support for Rural Homeowners: $90,000,000 is appropriated to provide single family housing repair grants to support rural homeownership (Section 304).

Community Capacity Building: $90,000,000 is allocated for competitive grants to help nonprofit organizations provide technical assistance, education, and predevelopment assistance for affordable housing activities (Section 402).

Simplified Eligibility: For certain programs, no additional documentation is required beyond the borrower's own attestation to prove they are first-time or first-generation homebuyers (Section (f)).

Expanded Definitions for Homebuyers: The definition of "first-generation homebuyer" includes individuals who may have been in foster or institutional care (Section (3)(B)).

Repayment Obligations for Homebuyers: Under the First-Generation Downpayment Assistance program, if a homebuyer does not occupy the property as their primary residence for at least 5 years, they may be required to repay a proportional amount of the assistance (Section 301(d)(4)(A)).

Restrictions on Grant Use: In the public housing sector, grants provided for transformation and rehabilitation cannot be used for operating costs or rental assistance (Section 101(c)(1)).

Affordability Commitations: Recipients of grants for the revitalization of distressed multifamily properties must agree to extend any existing affordable housing use agreements for an additional 30 years (Section 107(b)(6)).