HR 702
HOME Act of 2023
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Housing Oversight and Mitigating Exploitation Act of 2023 (HOME Act) aims to protect renters and homebuyers from unfair pricing practices during housing emergencies. It prohibits landlords and sellers from charging unconscionably excessive prices and establishes a framework for HUD and state attorneys general to investigate and penalize such actions. The bill also directs federal agencies to monitor housing markets, identify market manipulation, and establish standards for Fannie Mae and Freddie Mac regarding multifamily rental housing investments to ensure renter protections.
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Primary sponsor
Cosponsors
Henry C. "Hank," Jr. Johnson
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