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Protecting against housing and rental price gouging during emergencies

This act aims to protect citizens from unfair price increases in rental and home sales, especially during emergencies. It introduces penalties for such practices and establishes mechanisms to monitor the real estate market to ensure fair prices and housing availability.
Key points
Prohibits unfair price gouging for residential rentals and sales during declared housing emergencies.
The President can declare a housing emergency, triggering price protection measures.
The Department of Housing and Urban Development (HUD) will investigate and monitor the real estate market for price manipulation.
Establishes a housing monitoring unit within HUD to identify unfair market practices.
Limits on large investors purchasing excessive amounts of single-family homes to prevent displacement of individual buyers.
Joint government agency efforts to identify unfair tenant screening practices.
Penalties for price gouging will fund housing assistance for low-income families.
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Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_702
Sponsor: Rep. Horsford, Steven [D-NV-4]
Process start date: 2023-02-01
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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 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_702.

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 2023-02-01.

What are the main provisions?

Key points include:

  • Prohibits unfair price gouging for residential rentals and sales during declared housing emergencies.
  • The President can declare a housing emergency, triggering price protection measures.
  • The Department of Housing and Urban Development (HUD) will investigate and monitor the real estate market for price manipulation.
  • Establishes a housing monitoring unit within HUD to identify unfair market practices.
  • Limits on large investors purchasing excessive amounts of single-family homes to prevent displacement of individual buyers.
  • Joint government agency efforts to identify unfair tenant screening practices.
  • Penalties for price gouging will fund housing assistance 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: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Real Estate Courts and Law Economy