American Housing and Economic Mobility Act of 2025

Key Points

• Creates $2 billion-a-year HUD grants for states, cities, and tribes that change zoning and other rules to make it easier to build affordable homes.
• Puts major federal money into housing: $48 billion a year for a national housing trust fund (2025–2034), $3 billion a year for a housing investment fund, and $70 billion for public housing repairs in 2025.
• Tries to keep foreclosed homes with regular buyers, not investors: requires FHA to sell at least 75% of certain foreclosed single-family homes to owner-occupants or nonprofits, and limits some “no-title” resales for 15 years.
• Helps more people buy and keep homes: down-payment grants up to 3.5% of a home’s appraised value for eligible first-time, first-generation buyers (with a 5-year occupancy rule), plus $5 billion for states to help borrowers in areas where home values lag building costs.
• Adds stronger fair-housing and accessibility rules: expands protections to include sexual orientation, gender identity, marital status, source of income, and veteran status; and doubles the number of federally assisted units that must be accessible. Also raises estate taxes on very large estates and