Bill · S. 948· Senate(119-S-948)
HOME Investment Partnerships Reauthorization and Improvement Act of 2025
- Introduced
- 3/11/2025
- Last activity
- 3/11/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Catherine Cortez Masto
- Cosponsors
- - 12 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the "HOME Investment Partnerships Reauthorization and Improvement Act of 2025," seeks to reauthorize the HOME Investment Partnerships Program. It establishes a multi-year funding schedule starting with $5 billion for fiscal year 2025 and increasing annually through 2029. The legislation introduces various reforms to program administration, rules for affordable housing, and homeownership resale restrictions. It also establishes a new home loan guarantee program to assist jurisdictions in financing housing development and preservation. Additionally, the bill modifies rules regarding community housing development organizations and nonprofit participation.
Yes· 3 of 8
Would households on low incomes be better off under this?+6
The bill explicitly aims to expand and fund affordable housing for low-income families.
Does this make housing cost less?+5
The bill provides significant new funding and loan guarantees specifically for affordable housing development.
Is this likely to reduce homelessness?+4
Expanding affordable housing through higher funding and loan guarantees helps combat homelessness.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Funding for Housing: The bill authorizes significant annual appropriations for the program, starting at $5,000,000,000 for fiscal year 2025 and increasing each year through 2029 (Section 101).
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Expanded Definition of Affordable Housing: The bill allows "small-scale housing" (not more than 4 rental units) to qualify as affordable housing if it meets specific rent and occupancy requirements (Section 201).
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Flexible Homeownership Resale: Homeowners may benefit from new resale restrictions that allow for a "reasonable return on investment," which can include a percentage of the cost of any improvements (Section 203).
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Support for Military Members: The bill allows for the suspension or waiver of certain requirements for housing owned by military members who are on temporary duty orders or a permanent change of station (Section 203).
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Support for Heirs: Housing can continue to qualify as affordable if it is the principal residence of an heir or beneficiary of a deceased owner who assumes the required duties (Section 203).
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New Loan Guarantee Program: The establishment of a home loan guarantee program allows the Secretary to guarantee notes or obligations for financing the development, construction, or rehabilitation of affordable housing (Section 207).
Potential Negative Impacts for People
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Increased Administrative Costs: The bill increases the percentage for program administration resources from 10 percent to 15 percent (Section 102).
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Potential Removal of Funds: The Secretary has the authority to remove a participating jurisdiction from receiving reallocations if they fail to meet or comply with the requirements of the title (Section 104).
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New Enforcement and Penalties: The bill revises enforcement to include penalties for noncompliance, which can include reducing payments to a participating jurisdiction by the amount of funds not expended in accordance with the title (Section 205).
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Requirements for On-Site Inspections: Jurisdictions must now conduct on-site inspections to determine compliance with housing codes or national standards, and these results must be made available to the public (Section 204).
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+6Good For Middle Class Households+3Good For Urban Residents+3
- Social Issues And Justice
- Improves Affordable Housing+5Reduces Homelessness+4Improves Poverty Reduction+3
- Governance And Ideology
- Improves Government Transparency+2Increases Federal Power+2
- 3/9/2026
- 1 Cosponsor added.
- 11/20/2025
- 1 Cosponsor added.
- 7/28/2025
- 1 Cosponsor added.
- 4/1/2025
- 1 Cosponsor added.
- 3/25/2025
- 1 Cosponsor added.
- 3/13/2025
- 1 Cosponsor added.
- 3/11/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 6 Cosponsors added.
- 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.
Angela AlsobrooksDemocrat · Maryland
Michael BennetDemocrat · Colorado
John FettermanDemocrat · Pennsylvania
Ruben GallegoDemocrat · Arizona
Martin HeinrichDemocrat · New Mexico
Ben LujánDemocrat · New Mexico
Jon OssoffDemocrat · Georgia
Jacky RosenDemocrat · Nevada
Tina SmithDemocrat · Minnesota
Chris Van HollenDemocrat · Maryland
Peter WelchDemocrat · Vermont
Mark WarnerDemocrat · Virginia