HOME Investment Partnerships Reauthorization and Improvement Act of 2025

The HOME Investment Partnerships Reauthorization and Improvement Act of 2025 reauthorizes the HOME program with increased funding, authorizing $5 billion for fiscal year 2025 and increasing to $6.08 billion by 2029. The bill modifies program administration by increasing the percentage for program administration resources from 10% to 15%, eliminates a commitment deadline, and establishes a new home loan guarantee program with a $2 billion cap for 2025. It also reforms homeownership resale restrictions to better protect long-term affordability, adds requirements for property inspections, and strengthens enforcement for noncompliance with program rules. Specific provisions include alternative requirements for small-scale housing (with 4 or fewer units) and enhanced tenant protections for this housing type.