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Project Turnkey Act

3/6/2025, 3:08 AM

Summary of Bill HR 1042

Bill 119 HR 1042, also known as the Project Turnkey Program Act, aims to amend the HOME Investment Partnerships Act in order to create a new program that will utilize vacant hotels and motels for housing purposes and increase shelter capacity across the United States. The main goal of this legislation is to address the ongoing issue of homelessness by repurposing existing vacant properties to provide housing for those in need.

The Project Turnkey Program will work to leverage these vacant hotels and motels by converting them into affordable housing units or shelters. By doing so, the program aims to not only provide much-needed housing for individuals experiencing homelessness, but also to increase the overall shelter capacity in communities nationwide.

In addition to repurposing vacant properties, the bill also includes provisions for funding and support to ensure the success of the Project Turnkey Program. This includes financial assistance for the acquisition, rehabilitation, and operation of these properties, as well as technical assistance and guidance for local governments and organizations participating in the program. Overall, Bill 119 HR 1042 seeks to address the issue of homelessness by utilizing existing resources in a creative and effective way. By repurposing vacant hotels and motels for housing purposes, the Project Turnkey Program has the potential to make a significant impact on the lives of individuals experiencing homelessness and improve shelter capacity across the country.

Current Status of Bill HR 1042

Bill HR 1042 is currently in the status of Bill Introduced since February 6, 2025. Bill HR 1042 was introduced during Congress 119 and was introduced to the House on February 6, 2025.  Bill HR 1042's most recent activity was Referred to the House Committee on Financial Services. as of February 6, 2025

Bipartisan Support of Bill HR 1042

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
23
Democrat Cosponsors
23
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1042

Primary Policy Focus

Alternate Title(s) of Bill HR 1042

To amend the HOME Investment Partnerships Act to establish a Project Turnkey Program to leverage vacant hotels and motels for housing and enhance shelter capacity nationally, and for other purposes.
To amend the HOME Investment Partnerships Act to establish a Project Turnkey Program to leverage vacant hotels and motels for housing and enhance shelter capacity nationally, and for other purposes.

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