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Protecting against housing price gouging during emergencies and market oversight.

This act aims to protect citizens from unfair price increases in rental and home sales during emergencies. It prohibits excessive pricing in declared housing emergencies and allows federal and state authorities to intervene. Additionally, the act mandates investigations into real estate market manipulation and excessive purchases by large investors to help maintain housing affordability.
Key points
Prohibits unconscionable price increases for residential rentals and sales during declared housing emergencies.
Allows federal and state attorneys general to enforce these prohibitions, including imposing penalties and seeking damages.
Establishes a Housing Monitoring and Enforcement Unit within HUD to continuously analyze housing market data and identify manipulation.
Mandates an investigation into how non-occupant investors impact housing markets, especially for underserved communities.
Funds collected from penalties will be deposited into the Housing Trust Fund to support affordable housing for low-income families.
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Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_8360
Sponsor: Rep. Horsford, Steven [D-NV-4]
Process start date: 2022-07-13
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HOME Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8360.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-13.

What are the main provisions?

Key points include:

  • Prohibits unconscionable price increases for residential rentals and sales during declared housing emergencies.
  • Allows federal and state attorneys general to enforce these prohibitions, including imposing penalties and seeking damages.
  • Establishes a Housing Monitoring and Enforcement Unit within HUD to continuously analyze housing market data and identify manipulation.
  • Mandates an investigation into how non-occupant investors impact housing markets, especially for underserved communities.
  • Funds collected from penalties will be deposited into the Housing Trust Fund to support affordable housing for low-income families.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Horsford, Steven [D-NV-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Real Estate Courts and Law Economy