United States Congress
HOME Investment Partnerships Reauthorization and Improvement Act of 2024
February 9, 2024
Summary
The HOME Investment Partnerships Reauthorization and Improvement Act of 2024 reauthorizes the HOME program through FY2028 with escalating funding from $5 billion to over $6 billion. It reforms affordable housing qualification, including new alternative requirements for small-scale housing (up to 4 units), eliminates the commitment deadline, and revises homeownership resale restrictions. The bill also establishes a home loan guarantee program and increases administrative resources for participating jurisdictions.
Source: https://www.congress.gov/bill/118th-congress/s-bill/3793
Common questions
- What does "HOME Investment Partnerships Reauthorization and Improvement Act of 2024" cover?
- The HOME Investment Partnerships Reauthorization and Improvement Act of 2024 reauthorizes the HOME program through FY2028 with escalating funding from $5…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on February 9, 2024.