Update the existing HOME Investment Partnerships program, by streamlining it and improving flexibility.
Update the existing HOME Investment Partnerships program by streamlining it and improving flexibility.
Occurrences
- HOME Investment Partnerships Program Reauthorization and Reform Act: Makes critical updates to the largest federal affordable housing block grants to keep pace with the rising cost of living and to make the program more efficient.
Recent legislative efforts aim to further enhance the program's flexibility and effectiveness.
The HOME Investment Partnerships Reauthorization and Improvement Act of 2025 (S.948 / H.R. 2031) was introduced to reauthorize and strengthen the HOME program. The bill includes provisions to streamline environmental review requirements and eliminate the 24-month commitment deadline for HOME funds.
Senator Tina Smith is listed as a cosponsor of this bill, which aims to reauthorize and improve the HOME Investment Partnerships Program.
Sec. 5502. HOME Investment Partnerships Reauthorization and Improvement Act.
Evidence
U.S. Senator Tina Smith announced that her bipartisan Rural Housing Service Reform Act was included in the 21st Century ROAD to Housing Act, which passed the Senate with an 89-10 vote. This comprehensive housing package aims to combat America's housing crisis by cutting red tape and boosting housing supply.
Senator Catherine Cortez Masto introduced the HOME Investment Partnerships Reauthorization and Improvement Act of 2025 (S.948) on March 11, 2025. Senator Tina Smith is listed as a cosponsor of this bill, which aims to reauthorize and improve the HOME Investment Partnerships Program.
The HOME Investment Partnerships Reauthorization and Improvement Act of 2025 (S.948 / H.R. 2031) was introduced to reauthorize and strengthen the HOME program. The bill includes provisions to streamline environmental review requirements and eliminate the 24-month commitment deadline for HOME funds.
The HOME program has been a critical tool for affordable housing, building and preserving over 1.39 million affordable homes since 1992. Recent legislative efforts aim to further enhance the program's flexibility and effectiveness.
Assessments
Senator Tina Smith co-sponsored and actively supported legislation to update, streamline, and improve the flexibility of the HOME Investment Partnerships program. Relevant bills were introduced, with provisions explicitly targeting program improvements. Furthermore, related housing reform efforts passed the Senate within the same term. However, there is no clear evidence that the specific legislative reforms to HOME itself became law or that the full extent of the promised updates was implemented. Thus, the promise was partially delivered, with clear, serious effort.