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H.R.2031 HOME Investment Partnerships Reauthorization and Improvement Act of 2025
Reauthorizes and increases HOME program funding for affordable housing construction and rehabilitation (119th Congress)
View on Congress.govLegal & Constitutional Grounding
42 USC 12721 finds diminishing affordable supply; HOME is largest federal block grant for affordable housing.
42 U.S.C. §§ 12721, 12741-12742 — HOME Investment Partnerships Act (Cranston-Gonzalez National Affordable Housing Act)
- 42 U.S.C. § 12721 — Congressional findings: affordable rental supply diminishing, federal partnership needed
- NLIHC Gap Report (2026): 7.2 million affordable rental home shortage for ELI renters
Reauthorizes and increases HOME program funding for affordable housing construction and rehabilitation. HOME is the largest federal block grant for affordable housing and current funding has declined 50% in real terms since 2010.