American Housing and Economic Mobility Act of 2025

Bill 119 HR 2038, also known as the "Affordable Housing Act," aims to address the issue of housing affordability in the United States. The bill includes several key provisions to help make housing more accessible to low and middle-income individuals and families.

One of the main components of the bill is the establishment of a new federal grant program to provide funding for the construction and renovation of affordable housing units. This program would prioritize projects that serve low-income individuals and families, as well as those in underserved communities.

Additionally, the bill includes measures to incentivize the development of affordable housing, such as tax credits for developers who build affordable units and grants for local governments to streamline the approval process for affordable housing projects. The Affordable Housing Act also includes provisions to protect tenants from eviction and ensure that they have access to safe and affordable housing. This includes measures to prevent discrimination against tenants based on their source of income and to provide financial assistance to tenants facing eviction. Overall, Bill 119 HR 2038 seeks to address the growing issue of housing affordability in the United States by providing funding and incentives for the development of affordable housing units, as well as protections for tenants facing eviction.