Housing Oversight and Mitigating Exploitation Act of 2022 or the HOME Act of 2022 This bill directs the Department of Housing and Urban Development to carry out investigations and other activities to address market manipulation and the role of institutional investors in the pricing of rental units and single-family homes. It also makes it unlawful to rent or sell a dwelling unit or single-family home at an unconscionably excessive and exploitative price during a housing emergency declared by the President.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Housing and Community Development
Civil actions and liabilityCompetition and antitrustCongressional oversightDepartment of Housing and Urban DevelopmentExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesGovernment studies and investigationsGovernment trust fundsHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIntergovernmental relationsLease and rental servicesLow- and moderate-income housingPresidents and presidential powers, Vice Presidents
HOME Act of 2022
USA117th CongressHR-8360| House
| Updated: 7/13/2022
Housing Oversight and Mitigating Exploitation Act of 2022 or the HOME Act of 2022 This bill directs the Department of Housing and Urban Development to carry out investigations and other activities to address market manipulation and the role of institutional investors in the pricing of rental units and single-family homes. It also makes it unlawful to rent or sell a dwelling unit or single-family home at an unconscionably excessive and exploitative price during a housing emergency declared by the President.
Civil actions and liabilityCompetition and antitrustCongressional oversightDepartment of Housing and Urban DevelopmentExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesGovernment studies and investigationsGovernment trust fundsHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIntergovernmental relationsLease and rental servicesLow- and moderate-income housingPresidents and presidential powers, Vice Presidents