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Housing Stabilization Fund: Aid for Homelessness Prevention

This act aims to establish a Housing Stabilization Fund to provide short-term financial assistance to extremely low-income individuals at risk of homelessness. Funds will help cover rent, mortgage payments, utility bills, or minor repairs, preventing homelessness and stabilizing housing situations.
Key points
Establishes a Housing Stabilization Fund, managed by the Department of Housing and Urban Development, to support individuals in difficult situations.
Enables financial assistance for rent, mortgage payments, utility bills, minor housing repairs, and other costs that increase housing stability.
Assistance is targeted at extremely low-income families unable to meet housing obligations due to financial hardship, family, or health crises.
Support can be provided for a maximum of 8 months within a 12-month period, with amounts limited to reasonable market rates.
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Additional Information
Print number: 118_HR_5277
Sponsor: Rep. Lieu, Ted [D-CA-36]
Process start date: 2023-08-25
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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

Prevent Homelessness Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5277.

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 2023-08-25.

What are the main provisions?

Key points include:

  • Establishes a Housing Stabilization Fund, managed by the Department of Housing and Urban Development, to support individuals in difficult situations.
  • Enables financial assistance for rent, mortgage payments, utility bills, minor housing repairs, and other costs that increase housing stability.
  • Assistance is targeted at extremely low-income families unable to meet housing obligations due to financial hardship, family, or health crises.
  • Support can be provided for a maximum of 8 months within a 12-month period, with amounts limited to reasonable market rates.
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. Lieu, Ted [D-CA-36].

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 2025-12-25.

CATEGORIES

Benefits Real Estate