Bill · S. 2668· Senate(119-S-2668)
HOME Act of 2025
- Introduced
- 8/1/2025
- Last activity
- 8/1/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Jacky Rosen
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The HOME Act of 2025 aims to protect consumers from price gouging in the residential rental and single-family housing markets. It prohibits unconscionable pricing during designated affordable housing crisis periods determined by the Secretary of HUD. The bill establishes a Housing Monitoring and Enforcement Unit to track market data and investigate potential market manipulation. It also directs investigations into excessive housing purchases by institutional investors and unfair screening practices. Additionally, the act empowers the Secretary to create standards for mortgage purchases to ensure renter protections.
Yes· 3 of 15
Does this make housing cost less?+8
The bill prohibits price gouging and uses penalties to fund the increase and preservation of low-income rental housing.
Would households on low incomes be better off under this?+7
The bill provides protections against price gouging and creates funding for affordable housing supply.
Does this give people more protection from unfair business practices?+7
The bill prohibits unconscionable pricing during housing crises and monitors for market manipulation.
The opposite
Would business owners be better off under this?-4
The bill imposes new regulatory scrutiny and potential legal penalties on landlords and large housing investors.
Would high-income households be better off under this?-2
The bill's restrictions on pricing and investigations into investors may impact high-end real estate investment strategies.
Is this likely to grow the economy?-2
The bill's restrictions on pricing and investigations into investors could potentially discourage housing market activity and investment.
Who it would affect, and how
Potential Positive Impacts for People
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Protection from Price Gouging: The bill prohibits the renting of dwelling units or the sale of single-family housing at unconscionably excessive prices during an affordable housing crisis (Section 3(a)(1)).
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Increased Low-Income Housing Supply: Penalties collected from violations are deposited into the Housing Trust Fund to increase and preserve rental housing for extremely low- and very low-income families (Section 3(e)).
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Market Transparency: The creation of a Housing Monitoring and Enforcement Unit is intended to support transparent and competitive market practices by monitoring rental and single-family housing data (Section 5(b)(1)).
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Protection Against Unfair Screening: Federal agencies will work together to identify practices that unfairly prevent people from accessing or staying in rental housing, such as specific background checks or the use of algorithms (Section 7).
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Renter Protections in Multifamily Housing: The bill directs the establishment of standards for mortgage purchases by Fannie Mae and Freddie Mac to ensure basic renter protections and prevent egregious rent increases (Section 8).
Potential Negative Impacts for People
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Potential Burdens on Sellers and Lessors: An increase in rental or sale prices may be subject to legal action if it is deemed unconscionably excessive during a crisis period (Section 3(a)(1)).
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Regulatory Costs/Risks for Housing Providers: A person may face civil actions or administrative actions for price increases, though they may use the defense that the increase reflects additional costs or risks (Section 3(b)).
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Increased Scrutiny on Large Purchasers: Large institutional investors or single purchasers may face investigations if their purchases of single-family housing exceed specific percentage thresholds in a market area (Section 6).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+7Good For Urban Residents+5Good For African Americans+4Good For Asian Americans+4Good For Hispanic Americans+4Good For Native Americans+4Good For White Americans+4Good For Middle Class Households+3Good For Women+2Good For Business Owners-4Good For High Income Households-2
- Social Issues And Justice
- Improves Affordable Housing+8Improves Racial Equity+5Reduces Homelessness+5Improves Poverty Reduction+4
- Economy And Finance
- Improves Consumer Protection+7Improves Economic Growth-2
- Governance And Ideology
- Improves Government Transparency+4
- 11/20/2025
- 1 Cosponsor added.
- 8/1/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Amy KlobucharDemocrat · Minnesota