HOME Investment Partnerships Reauthorization Act of 2020

Bill: 116-s-4968
Sponsor: full_name: Sen. Cortez Masto, Catherine [D-NV]
Introduced: 2020-12-07
Policy area: Housing and Community Development
Subjects: Housing and community development funding

Housing finance and home ownership

Housing supply and affordability

Low- and moderate-income housing

Residential rehabilitation and home repair

State and local finance

State and local government operations
Latest action: action_date: 2020-12-07
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2020-12-07
action_desc: Introduced in Senate
text: <p><b>HOME Investment Partnerships Reauthorization Act of 2020 </b></p> <p>This bill reauthorizes through FY2025 the HOME Investment Partnerships Program, which provides funds to state and local governments to expand the supply of safe and affordable housing for low-income individuals. </p>

tv_txt: II 116th CONGRESS 2d Session S. 4968 IN THE SENATE OF THE UNITED STATES December 7, 2020 Ms. Cortez Masto (for herself, Mrs. Feinstein , Mr. Casey , Ms. Rosen , and Mr. Merkley ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL 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 ) is amended to read as follows: 205. Authorization of appropriations There are 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 ( 42 U.S.C. 12701 et seq.) 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 ) as paragraph (22); and (B) by redesignating paragraph (24) (relating to the definition of the term insular area , as added by section 2(2) of Public Law 102–230 ) as paragraph (23); (2) in section 105(b) ( 42 U.S.C. 12705(b) )— (A) in paragraph (7), by striking Stewart B. McKinney Homeless Assistance Act and inserting McKinney-Vento Homeless Assistance Act ; and (B) in paragraph (8), by striking subparagraphs and inserting paragraphs ; (3) in section 106 ( 42 U.S.C. 12706 ), by striking Stewart B. McKinney Homeless Assistance Act and inserting McKinney-Vento Homeless Assistance Act ; (4) in section 108(a)(1) ( 42 U.S.C. 12708(a)(1) ), by striking section 105(b)(15) and inserting section 105(b)(18) ; (5) in section 212 ( 42 U.S.C. 12742 )— (A) in subsection (a)— (i) in paragraph (3)(A)(ii), by inserting United States before Housing Act ; and (ii) by redesignating paragraph (5) as paragraph (4); and (B) in subsection (d)(5), by inserting United States before Housing Act ; (6) in section 215(a)(6)(B) ( 42 U.S.C. 12745(a)(6)(B) ), by striking grand children and inserting 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 ; 106 Stat. 3756); and (ii) by redesignating the remaining paragraph (3), as added by the matter under the heading Home Investment Partnerships Program under the heading Housing programs in title II of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993 ( Public Law 102–389 ; 106 Stat. 1581) as paragraph (2); and (B) in subsection (b)(1)— (i) in the first sentence of subparagraph (A)— (I) by striking in regulation and inserting , by regulation, ; and (II) by striking jurisdiction the first place that term appears and inserting jurisdictions ; and (ii) in subparagraph (F), by striking Banking, Finance and Urban Affairs each place that term appears and inserting Financial Services ; (8) in section 218(c)(3) ( 42 U.S.C. 12748(c)(3) ), by striking section 224 and inserting section 223 ; (9) in section 220(c) ( 42 U.S.C. 12750(c) )— (A) in paragraph (3), by striking and at the end; (B) in paragraph (4), by striking the period at the end and inserting a semicolon; and (C) 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) ), by striking for the first place that term appears; and (11) in section 283 ( 42 U.S.C. 12833 )— (A) in subsection (a), by striking Banking, Finance and Urban Affairs and inserting Financial Services ; and (B) in subsection (b), by striking General Accounting Office each place that term appears and inserting Government Accountability Office .