Section-by-Section of the HOME Reform Act of 2025

This resource offers a section-by-section analysis of the HOME Reform Act of 2025. Chairman Mike Flood (R-IN) and Ranking Member Emanuel Cleaver (D-MO) of the House Financial Services Committee introduced this bill to modernize the HOME Investment Partnerships Program, one of the nation’s largest sources of federal funding for affordable housing. The bill would streamline regulations, increase flexibility for local governments, and reduce barriers to housing development, such as easing environmental review requirements and adjusting labor thresholds, to help accelerate the production and preservation of affordable homes nationwide.