Bill
Bill > HR7075
summary
Introduced
01/25/2024
01/25/2024
In Committee
01/25/2024
01/25/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To reauthorize the HOME Investment Partnerships Program, and for other purposes.
AI Summary
This bill, the HOME Investment Partnerships Reauthorization and Improvement Act of 2024, would reauthorize and make changes to the HOME Investment Partnerships Program. It would increase funding for the program, modify the requirements for jurisdictions to qualify and participate in the program, reform rules around affordable housing qualifications and homeownership resale restrictions, strengthen enforcement and penalties for noncompliance, establish new protections for tenants in small-scale affordable housing, and create a loan guarantee program to support affordable housing development and preservation. The bill also includes technical corrections to the underlying Cranston-Gonzalez National Affordable Housing Act.
Committee Categories
Business and Industry
Sponsors (32)
Joyce Beatty (D)*,
Colin Allred (D),
Becca Balint (D),
Suzanne Bonamici (D),
Shontel Brown (D),
Julia Brownley (D),
Salud Carbajal (D),
André Carson (D),
Matt Cartwright (D),
Judy Chu (D),
Emanuel Cleaver (D),
Dwight Evans (D),
Bill Foster (D),
John Garamendi (D),
Sylvia Garcia (D),
Jimmy Gomez (D),
Jahana Hayes (D),
Glenn Ivey (D),
Dan Kildee (D),
Ann Kuster (D),
Barbara Lee (D),
Eleanor Holmes Norton (D),
Ilhan Omar (D),
Andrea Salinas (D),
Jan Schakowsky (D),
Brad Sherman (D),
Emilia Sykes (D),
Dina Titus (D),
Rashida Tlaib (D),
Juan Vargas (D),
Bonnie Watson Coleman (D),
Nikema Williams (D),
Last Action
Referred to the House Committee on Financial Services. (on 01/25/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/7075/all-info |
| BillText | https://www.congress.gov/118/bills/hr7075/BILLS-118hr7075ih.pdf |
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