Housing (Homeownership)

in committee · United States · House May 17, 2025

HR 3475: Bipartisan American Homeownership Opportunity Act of 2025

This bill creates two new tax credits to support homebuyers. It provides a first-time homebuyer credit of up to $50,000 for down payments on primary residences, with income limits ($150,000 single filers, $225,000 head of household, $300,000 joint filers). A separate starter home construction credit offers 15% (30% for first-time buyers) of costs for new homes under 1,200 square feet priced at or below 80% of local median home prices. The credits require repayment if the home is sold or no longer used as a primary residence within five years, with exceptions for new purchases, death, divorce, or military service.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for middle-income homebuyers ($150k single filer limit), providing direct tax relief per income thresholds.95% confidence ✓ HousingSupports HousingBill creates tax credits for down payments and starter home construction at or below median prices, directly advancing affordable homeownership access for qualifying buyers.95% confidence

Sub-Topics Tax Credits Affordable Housing Homeownership Housing Finance

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in committee · United States · Senate Mar 11, 2025

S 948: 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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly authorizes $5B+ for HOME program with annual funding increases, directly advancing public housing funding under budget authority.95% confidence ✓ HousingSupports HousingBill increases HOME program funding to $5B+ (2025) with growth to $6.08B by 2029, directly advancing affordable housing development through reauthorization and new loan guarantees.95% confidence

Sub-Topics Homeownership Housing Finance Tenant Rights

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in committee · United States · House May 6, 2025

HR 3214: 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.

Topics ✓ HousingSupports HousingProhibits excessive rents/sales during housing crises, enforces HUD/state penalties funding affordable housing initiatives95% confidence

Sub-Topics Affordable Housing Homeownership Tenant Rights

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in committee · United States · House Mar 2, 2026

HR 7586: American Families First Act

HR 7586, the American Families First Act, requires federal agencies to issue guidance within 180 days of enactment to prevent large institutional investors from purchasing single-family homes financed by the government that could instead be bought by individual homebuyers. The bill mandates agencies like HUD and the USDA to define "large institutional investors," block such investors from acquiring homes meant for owner-occupants, and restrict transferring government-owned homes to these entities. It also directs agencies to promote sales to individual buyers through policies like first-look rights for homebuyers and disclosure requirements. The guidance includes narrow exceptions for build-to-rent rental communities but focuses on using federal housing programs to support individual homeownership.

Topics ✓ HousingSupports HousingBlocks institutional investors from acquiring government-financed homes meant for individual homebuyers, increasing affordable housing access and preventing consolidation that reduces owner-occupant supply.95% confidence

Sub-Topics Affordable Housing Homeownership Tenant Rights

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in committee · United States · House Oct 24, 2025

HR 5825: Tribal Housing Innovation Act

The Tribal Housing Innovation Act (HR 5825) creates a competitive grant program through the Department of Housing and Urban Development (HUD) to fund sustainable housing on tribal lands. It provides up to $150 million annually for Indian Tribes or tribal housing groups to build new residential units with sustainable features (like solar panels, energy-efficient appliances, or insulation) or add such features to existing units. Grants require that units be rented only to tribal members, and recipients must report on the number of units built/modified, features added, and tenant demographics. The program mandates annual reporting to Congress on national impacts, aiming to improve housing sustainability while prioritizing tribal communities.

Topics ✓ EnergySupports EnergyBill mandates sustainable housing features including solar panels and energy-efficient appliances, directly advancing renewable energy and efficiency standards.90% confidence ✓ EnvironmentSupports EnvironmentBill funds sustainable housing with solar panels and energy-efficient features on tribal lands, directly advancing environmental protection and clean energy adoption.85% confidence ✓ HousingSupports HousingBill allocates $150M annually for sustainable housing development on tribal lands, directly funding new residential units with energy-efficient features, advancing affordable housing access.95% confidence

Sub-Topics Solar Affordable Housing Homeownership Housing Finance Tags Tribal Nations

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in committee · United States · House Jun 30, 2025

HR 4266: Housing for US Act

This bill establishes a revolving loan fund to increase middle-class housing supply by providing capitalization loans to states using funds from the release of Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. States will create housing revolving loan funds to provide financing to local governments and non-profits for new construction or rehabilitation of housing that meets affordability standards (80-165% of area median income) for middle-income families. The housing must maintain affordability for at least 15 years, and construction must comply with labor requirements including apprenticeship and prevailing wage standards. The fund will be repaid to the Treasury for deficit reduction after 10 years.

Topics ✓ HousingSupports HousingBill creates revolving loan fund to finance middle-income housing (80-165% AMI) through state programs, directly advancing affordable housing supply via federal capitalization.95% confidence

Sub-Topics Affordable Housing Homeownership Housing Finance

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in committee · United States · Senate Jul 23, 2025

S 2402: First-Time Homebuyer Tax Credit Act of 2025

This bill creates a refundable tax credit of up to $15,000 (10% of purchase price) for first-time homebuyers in the U.S. To qualify, buyers must be at least 18 years old, have no recent home ownership, and purchase with a federally-backed mortgage. The credit is reduced for higher-income households relative to local median income and home prices. Homeowners who sell within 4 years must repay the credit, though exceptions exist for military service or job changes. The credit can also be transferred to the mortgage lender at the time of purchase.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates refundable tax credit reducing tax burden for first-time homebuyers, with income-based reductions targeting middle/lower-income households.90% confidence ✓ HousingSupports HousingBill provides refundable tax credit to first-time homebuyers, directly increasing affordability and accessibility of homeownership per housing topic description.90% confidence

Sub-Topics Tax Credits Affordable Housing Homeownership Housing Finance

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in committee · United States · Senate Feb 24, 2026

S 3904: American Homeownership Act

The American Homeownership Act restricts tax deductions for interest and depreciation on residential properties owned by institutional investment entities or "large owners" (defined as those holding 50+ single-family units). It creates exceptions for new construction, rehabilitation of uninhabitable properties, sales to individuals for primary residence, and properties serving affordable housing through tax credit programs. The bill also prohibits federal housing agencies from selling properties or providing mortgage loans to these large investors and allocates savings from these tax changes to fund affordable housing programs. These provisions aim to encourage homeownership by limiting tax benefits for large-scale rental property ownership while directing resources toward affordable housing development.

Topics ✓ Budget & TaxesSupports Budget & TaxesRestricts tax deductions for large institutional owners, closing a tax loophole that benefits wealthy entities. Aligns with fiscal responsibility by generating revenue and promoting affordable housing exceptions.90% confidence ✓ HousingSupports HousingRestricts tax deductions for large institutional owners with exceptions for affordable housing properties, rehabilitation, and new construction, directly advancing housing affordability and development.90% confidence

Sub-Topics Tax Credits Affordable Housing Homeownership Mortgages

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in committee · United States · Senate May 8, 2025

S 1686: Neighborhood Homes Investment Act

The Neighborhood Homes Investment Act creates a new tax credit to increase affordable homeownership in distressed communities by closing financing gaps. It allows developers to claim a credit equal to the difference between development costs and affordable sale prices, capped at 40% of development costs or 32% of the national median home price. To qualify, homes must be sold to individuals with incomes at or below 140% of area median income in designated distressed census tracts, with specific requirements for rehabilitation and affordability. The credit is designed to address housing shortages in low-income areas while requiring repayment if homes are resold within five years.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for developers to fund affordable housing for low-income buyers (140% AMI) in distressed areas, advancing affordable homeownership through fiscal policy.90% confidence ✓ HousingSupports HousingCreates tax credit to close financing gaps for affordable homeownership in distressed areas, targeting low-income buyers (≤140% AMI) with income and location requirements.95% confidence

Sub-Topics Tax Credits Affordable Housing Homeownership Housing Finance

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in committee · United States · Senate Mar 6, 2025

S 885: Strategy and Investment in Rural Housing Preservation Act of 2025

S 885 establishes a permanent program to preserve rural affordable housing by protecting low-income residents in properties financed under USDA rural housing loans (sections 514, 515, or 516). It requires annual notices to owners about maturing loans and to tenants about housing security options, including rental assistance renewal for up to 20 years. Key mechanisms include adjusting loan terms (reducing interest or deferring payments), requiring binding agreements to maintain affordability, and providing technical assistance to prevent loss of housing. The bill directly affects rural low-income tenants, farm laborers, and property owners, with $200 million annually authorized for 2026-2030 to support these efforts.

Topics ✓ HousingSupports HousingPreserves rural affordable housing via USDA loan protections, tenant notices, rental assistance renewal, and binding affordability agreements.95% confidence

Sub-Topics Homeownership Renters Tenant Rights Tags Agriculture Rural Communities

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