The bill would leverage federal funding to build nearly three million new housing units
Build nearly 3 million new housing units using federal funding.
Occurrences
bring down rents by 10% for American families
create incentives for local governments to eliminate unnecessary land use restrictions that drive up costs
Down payment assistance to first-time, first-generation homebuyers
VA-guaranteed home loan eligibility for descendants of certain veterans
A grant program for communities with an appraisal gap
Limit the role of private equity in the housing market
Hold financial institutions accountable for providing access to credit for all Americans
Promote mobility by strengthening anti-discrimination laws and improving the housing voucher program
Increase the amount of accessible housing
Evidence
The bill: "Leverages federal funding to build nearly 3 million new housing units – bringing down rents for lower-income and middle-class families by 10% according to an independent analysis from Moody’s Analytics."
Sponsor: Rep. Cleaver, Emanuel [D-MO-5] (Introduced 03/11/2025). Latest Action: House - 03/27/2025 Referred to the Subcommittee on Economic Opportunity. This bill has the status Introduced.
"The bill would leverage federal funding to build nearly three million new housing units" and "would build or rehabilitate nearly 3 million housing units over the next decade."
Assessments
Cleaver sponsored and reintroduced the American Housing and Economic Mobility Act of 2025, which expressly aimed to leverage federal funding to build or rehabilitate nearly 3 million housing units. However, as of the current Congress.gov record, H.R.2038 remains at the Introduced stage with latest action referral to subcommittee on March 27, 2025, and there is no evidence the promised housing construction/funding outcome was enacted or delivered. This is a serious legislative attempt, so effort credit applies, but the promised outcome was not fulfilled.
The promise was to build nearly 3 million new housing units using federal funding. The evidence shows Cleaver introduced or reintroduced legislation intended to achieve that goal, but Congress.gov indicates the 2025 bill remained at the introduced/referred-to-subcommittee stage. There is no evidence the promised housing units were funded, authorized, built, or rehabilitated. Because he made a serious legislative attempt but the promised outcome was not delivered, the outcome is never with an effort badge.