To reauthorize the HOME Investment Partnerships Program, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To reauthorize the HOME Investment Partnerships Program, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Housing, Defense.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H0513EA5E2614451CA640A56B3BCA5720: 1. Short title; table of contents This Act may be cited as the HOME Investment Partnerships Reauthorization and Improvement Act of 2024. The table of contents...
- Section HD2319F3EB50746BBB13EF94FA81EE505: 101. Reauthorization of Program Section 205 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12724) is amended to read as follows:...
- Section HCE5394C436F84C28BFF14DF514901C0E: 205. Authorization of appropriations There are authorized to be appropriated to carry out this title— $5,000,000,000 for fiscal year 2024; $5,250,000,000 for...
- Section H84576541E2564E55A521F1D7052B5B90: 102. Increase in Program administration resources Subtitle A of title II of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12741 et seq.) is...
- Section H852CC9D512BE489BBB2FD82B68800C05: 103. Modifications of participating jurisdiction qualification threshold and process for reallocations Section 216 of the Cranston-Gonzalez National Affordable...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To reauthorize the HOME Investment Partnerships Program, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Housing, Defense
Primary Purpose
This bill, To reauthorize the HOME Investment Partnerships Program, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMrs. Beatty (for herself, Mr. Garamendi, Ms. Bonamici, Ms. Brown, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
Key Definitions
Terms defined in this bill
a nonprofit entity or a State or local government or instrumentality thereof that— is not sponsored by a for-profit organization
housing with not more than 4 rental units. Small-scale housing shall qualify as affordable housing under this title if— the housing bears rents that comply with paragraph (1)(A)
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology