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A bill to expand the HOME Investment Partnerships Program, and for other purposes. — S. 3901
HOME Expansion Act
Last updated: 2/24/2026 · Introduced: 2/24/2026
Author: Ted Budd (R-NC)
TL;DR (AI)
- This bill allows jurisdictions in nonentitlement areas to use HOME Investment Partnerships Program funds for infrastructure improvements directly related to affordable housing projects, provided they don't receive similar assistance elsewhere.
- The bill expands income eligibility for affordable housing to 110% of area median income and introduces new housing qualification categories including shared equity ownership and community land trusts.
- This bill creates exceptions to income qualifications for military members and heirs of deceased homeowners, allowing them to maintain affordable housing status under certain conditions.
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Other Sections
Includes provisions on preamble, short title., and 2 more.
4 sections
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