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S. 3901119th CongressIn committeeLatest action Feb 24, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The HOME Expansion Act lets small towns use housing funds for nearby infrastructure, raises the home price limit, and adds income rule exceptions for military and heirs.
55-second read · 4 questions answered below
This bill changes three rules in the federal HOME program, which helps communities fund affordable housing. Small towns and rural areas without certain other federal funding could use HOME money for nearby water lines, sewers, sidewalks, and roads tied directly to affordable housing. It also raises the top sale price a home can have and still count as affordable, from 95% to 110% of the local median purchase price, and creates income rule exceptions for deployed or reassigned military members and for family members who inherit a HOME-assisted home.
Small towns and rural areas, military service members who are deployed or permanently reassigned, and family members who inherit a HOME-assisted home are directly affected. Local governments that run HOME program projects would also work under the updated rules.
Raising the price limit means homes that cost a little more than before can now qualify as affordable under the program. The military and inheritance exceptions mean fewer people would lose their housing status due to deployment or a family member's death.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.