HOME Investment Partnerships Reauthorization and Improvement Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2031 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2031 To reauthorize the HOME Investment Partnerships Program, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 11, 2025 Mrs. Beatty (for herself, Ms. Ansari, Ms. Brown, Ms. Brownley, Mr. Carbajal, Mr. Carson, Ms. Chu, Mr. Evans of Pennsylvania, Mr. Foster, Ms. Garcia of Texas, Mr. Gomez, Ms. Norton, Ms. Omar, Mrs. Sykes, Ms. Tlaib, Mr. Vargas, Ms. Velazquez, and Mrs. Watson Coleman) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To reauthorize the HOME Investment Partnerships Program, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title.--This Act may be cited as the ``HOME Investment Partnerships Reauthorization and Improvement Act of 2025''. (b) Table of Contents.--The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. TITLE I--REAUTHORIZATION OF AND REFORMS TO HOME INVESTMENT PARTNERSHIPS PROGRAM Sec. 101. Reauthorization of Program. Sec. 102. Increase in Program administration resources. Sec. 103. Modifications of participating jurisdiction qualification threshold and process for reallocations. Sec. 104. Modification of jurisdictions eligible for reallocations. TITLE II--REFORMS RELATING TO HOME INVESTMENT PARTNERSHIPS PROGRAM ADMINISTRATION AND RULES Sec. 201. Amendments to qualification as affordable housing. Sec. 202. Elimination of commitment deadline. Sec. 203. Reform of homeownership resale restrictions. Sec. 204. Home property inspections. Sec. 205. Revisions to strengthen enforcement and penalties for noncompliance. Sec. 20