HOME Investment Partnerships Reauthorization Act of 2020

To reauthorize the HOME Investment Partnerships Program, and for other purposes. 1. Short title This Act may be cited as the HOME Investment Partnerships Reauthorization Act of 2020 2. Reauthorization of HOME Investment Partnerships Program Section 205 of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 12724 205. Authorization of appropriations There is authorized to be appropriated to carry out this title— (1) $5,000,000,000 for fiscal year 2021; (2) $5,250,000,000 for fiscal year 2022; (3) $5,512,500,000 for fiscal year 2023; (4) $5,788,125,000 for fiscal year 2024; and (5) $6,077,531,250 for fiscal year 2025. . 3. Technical corrections The Cranston-Gonzalez National Affordable Housing Act is amended— (1) in section 104 ( 42 U.S.C. 12704 (A) by redesignating paragraph (23) (relating to the definition of the term to demonstrate to the Secretary (B) by redesignating paragraph (24) (relating to the definition of the term insular area Public Law 102–230 (2) in section 105(b) ( 42 U.S.C. 12705(b) (A) in paragraph (7), by striking Stewart B. McKinney Homeless Assistance Act McKinney-Vento Homeless Assistance Act (B) in paragraph (8), by striking subparagraphs paragraphs (3) in section 106 ( 42 U.S.C. 12706 Stewart B. McKinney Homeless Assistance Act McKinney-Vento Homeless Assistance Act (4) in section 108(a)(1) ( 42 U.S.C. 12708(a)(1) section 105(b)(15) section 105(b)(18) (5) in section 212 ( 42 U.S.C. 12742 (A) by inserting United States Housing Act (i) subsection (a)(3)(A)(ii); and (ii) subsection (d)(5); and (B) in subsection (a), by redesignating paragraph (5) as paragraph (4); (6) in section 215(a)(6)(B) ( 42 U.S.C. 12745(a)(6)(B) grand children grandchildren (7) in section 217 ( 42 U.S.C. 12747 (A) in subsection (a)— (i) by striking paragraph (3), as added by section 211(a)(2)(D) of the Housing and Community Development Act of 1992 ( Public Law 102–550 (ii) by redesignating the remaining paragraph (3), as added by the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993 ( Public Law 102–389 (B) in subsection (b)(1)— (i) in the first sentence of subparagraph (A)— (I) by striking in regulation , by regulation, (II) by striking jurisdiction jurisdictions (ii) in subparagraph (F), by striking Banking, Finance and Urban Affairs Financial Services (8) in section 218(c)(3) ( 42 U.S.C. 12748(c)(3) section 224 section 223 (9) in section 220(c) ( 42 U.S.C. 12750(c) (A) in paragraph (4), by striking the period at the end and inserting a semicolon; and (B) by redesignating paragraphs (6), (7), and (8) as paragraphs (5), (6), and (7), respectively; (10) in section 225(d)(4)(B) ( 42 U.S.C. 12755(d)(4)(B) for (11) in section 283 ( 42 U.S.C. 12833 (A) in subsection (a), by striking Banking, Finance and Urban Affairs Financial Services (B) in subsection (b), by striking General Accounting Office Government Accountability Office

Summary: HOME Investment Partnerships Reauthorization Act of 2020 This bill reauthorizes through FY2025 the HOME Investment Partnerships Program, which provides funds to states and local governments to create affordable housing for low-income individuals.