HR 3214 United States House · 119th Congress

HOME Act of 2025

The HOME Act of 2025 prohibits landlords and sellers from charging "unconscionably excessive" rental or home sale prices during a federally declared affordable housing crisis. The Secretary of Housing and Urban Development (HUD) must determine crisis periods using metrics like mortgage rates, median home prices, and disaster declarations, with restrictions limiting crisis periods to 30 days (renewable). Violations are enforced by HUD and state attorneys general, with penalties funding affordable housing through the Housing Trust Fund. The law also requires HUD to monitor housing markets, investigate excessive investor purchases, and review anti-competitive practices in rental markets.

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

President

Introduced May 6, 2025 Last action May 6, 2025

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Committee

May 6, 2025

Committee

Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

May 6, 2025

Introduced

Introduced in House

lower

1 primary · 14 co-sponsors