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 id26c9fc6f67bc454da8cc75d244f13c96: 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 ida36a85a0fa0c4c93ae95f9392d429b0c: 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 id6eed9bdd5d394258b51273bdb7bf9446: 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 idb95d314dc23b4ee5a1cca83afc48e7d9: 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 id5214c58d9bf843e6a2e9f58546cf4185: 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
IntroducedMs. Cortez Masto (for herself, Ms. Smith, Mr. Fetterman, and …
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.
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