S. 3452 · 116th Congress
Affordable HOME Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MerkleySponsorNo cosponsors.
Affordable Housing Opportunities Made Equitable Act or the Affordable HOME Act
What it does: CRS summary · Introduced in Senate · Mar 12, 2020
Affordable Housing Opportunities Made Equitable Act or the Affordable HOME Act
This bill addresses housing affordability and availability as well as housing for low-income and homeless individuals.
Among other things, the bill requires the Department of Housing and Urban Development (HUD) to provide grants for down payment assistance to qualifying home purchasers.
Further, the bill establishes a tax credit for homeowners equal to 15% of annual mortgage interest paid or accrued on a mortgage for a primary residence.
In addition, HUD must establish programs for constructing and preserving certain low-income multifamily rental housing projects in rural areas. HUD must also provide grants to entities to acquire and preserve manufactured housing communities. Further, the bill provides additional FY2020 appropriations for the Housing Trust Fund, which provides assistance to states to produce and preserve affordable housing.
Additionally, the bill specifies the number of low-income housing choice vouchers HUD must provide in FY2021-FY2030. Further, the bill provides FY2021-FY2030 appropriations for HUD to assist permanent supportive housing.
The bill also provides for various protections for renters, including by (1) prohibiting landlords from evicting tenants, with certain exceptions; (2) prohibiting housing discrimination against individuals based on source of income; and (3) requiring certain landlords to give the tenant of a rental property an opportunity to purchase that property before selling or transferring the property.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Affordable HOME Act
Also known as: Affordable Housing Opportunities Made Equitable Act
Latest action (Mar 12, 2020): Read twice and referred to the Committee on Finance.
Policy area: Housing and Community Development · Origin: Senate · Introduced: Mar 12, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.