# 119-hr-2854: Neighborhood Homes Investment Act

119-hr-2854, Neighborhood Homes Investment Act, is a 119th Congress bill sponsored by Rep. Kelly, Mike [R-PA-16] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-2854
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2854
- Congress: 119
- Title: Neighborhood Homes Investment Act
- Status: introduced
- Introduced: 2025-04-10
- Sponsor: Rep. Kelly, Mike [R-PA-16] (R-PA)
- Cosponsors: 70
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Creates a Neighborhood Homes Credit to spur development and substantial rehabilitation of affordable, owner-occupied homes in distressed neighborhoods.** It also excludes certain state energy subsidies for those qualified residences from federal gross income. - Families and homebuyers would get more affordable owner-occupied homes targeted to distressed census tracts and a 5-year principal-residence rule that can trigger repayment if a home is sold early. Repayment can be up to 50% of the gain and phases down by 10 percentage points each full year. - Homeowners who rehabilitate their own home would be eligible for an owner-occupied rehabilitation credit capped at $50,000 and generally limited to 50% of qualifying rehab costs above amounts paid to the homeowner. The bill also covers special remediation like pyrrhotite when certified by testing. - States would create a Neighborhood Homes Credit Agency to allocate credits, certify projects, place liens, waive repayments for hardship, and report to the IRS. Annual state ceilings use the greater of $9 per resident or $12,000,000, plus carryover.

## Cosponsors (70)

- Rep. Larson, John B. [D-CT-1] (D-CT), 2025-04-10T00:00:00.000Z
- Rep. Carey, Mike [R-OH-15] (R-OH), 2025-04-10T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2025-04-10T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2025-04-10T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2025-04-10T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2025-04-10T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2025-04-10T00:00:00.000Z
- Rep. Feenstra, Randy [R-IA-4] (R-IA), 2025-04-10T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2025-04-10T00:00:00.000Z
- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2025-04-10T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2025-04-10T00:00:00.000Z
- Rep. Kelly, Robin L. [D-IL-2] (D-IL), 2025-04-17T00:00:00.000Z
- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-04-17T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2025-04-17T00:00:00.000Z
- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2025-04-17T00:00:00.000Z
- Rep. Pettersen, Brittany [D-CO-7] (D-CO), 2025-04-17T00:00:00.000Z
- Rep. Zinke, Ryan K. [R-MT-1] (R-MT), 2025-04-17T00:00:00.000Z
- Rep. Smucker, Lloyd [R-PA-11] (R-PA), 2025-04-17T00:00:00.000Z
- Rep. Houlahan, Chrissy [D-PA-6] (D-PA), 2025-04-17T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-04-17T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2025-04-17T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2025-04-17T00:00:00.000Z
- Rep. Dingell, Debbie [D-MI-6] (D-MI), 2025-04-17T00:00:00.000Z
- Rep. Chu, Judy [D-CA-28] (D-CA), 2025-04-17T00:00:00.000Z
- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2025-04-28T00:00:00.000Z
- Rep. Vasquez, Gabe [D-NM-2] (D-NM), 2025-04-28T00:00:00.000Z
- Rep. DeGette, Diana [D-CO-1] (D-CO), 2025-04-28T00:00:00.000Z
- Rep. Rulli, Michael A. [R-OH-6] (R-OH), 2025-04-28T00:00:00.000Z
- Rep. Bishop, Sanford D. [D-GA-2] (D-GA), 2025-04-28T00:00:00.000Z
- Rep. Craig, Angie [D-MN-2] (D-MN), 2025-04-29T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2025-04-29T00:00:00.000Z
- Rep. Omar, Ilhan [D-MN-5] (D-MN), 2025-05-01T00:00:00.000Z
- Rep. Mrvan, Frank J. [D-IN-1] (D-IN), 2025-05-07T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2025-05-20T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2025-06-02T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2025-06-02T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2025-06-03T00:00:00.000Z
- Rep. Brownley, Julia [D-CA-26] (D-CA), 2025-06-05T00:00:00.000Z
- Rep. Sorensen, Eric [D-IL-17] (D-IL), 2025-06-06T00:00:00.000Z
- Rep. Mann, Tracey [R-KS-1] (R-KS), 2025-06-06T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2025-06-11T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-06-11T00:00:00.000Z
- Rep. Evans, Dwight [D-PA-3] (D-PA), 2025-06-25T00:00:00.000Z
- Rep. Hayes, Jahana [D-CT-5] (D-CT), 2025-07-14T00:00:00.000Z
- Rep. Landsman, Greg [D-OH-1] (D-OH), 2025-07-14T00:00:00.000Z
- Rep. Strickland, Marilyn [D-WA-10] (D-WA), 2025-07-14T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2025-07-14T00:00:00.000Z
- Rep. Davids, Sharice [D-KS-3] (D-KS), 2025-07-15T00:00:00.000Z
- Rep. Neguse, Joe [D-CO-2] (D-CO), 2025-07-22T00:00:00.000Z
- Rep. Khanna, Ro [D-CA-17] (D-CA), 2025-08-19T00:00:00.000Z
- Rep. McBath, Lucy [D-GA-6] (D-GA), 2025-08-19T00:00:00.000Z
- Rep. Hinson, Ashley [R-IA-2] (R-IA), 2025-08-19T00:00:00.000Z
- Rep. Guest, Michael [R-MS-3] (R-MS), 2025-08-19T00:00:00.000Z
- Rep. Kelly, Trent [R-MS-1] (R-MS), 2025-09-03T00:00:00.000Z
- Rep. Rutherford, John H. [R-FL-5] (R-FL), 2025-09-03T00:00:00.000Z
- Rep. Krishnamoorthi, Raja [D-IL-8] (D-IL), 2025-09-03T00:00:00.000Z
- Rep. Bera, Ami [D-CA-6] (D-CA), 2025-11-18T00:00:00.000Z
- Rep. McGuire, John J. [R-VA-5] (R-VA), 2025-11-18T00:00:00.000Z
- Rep. Harder, Josh [D-CA-9] (D-CA), 2025-11-18T00:00:00.000Z
- Rep. Messmer, Mark B. [R-IN-8] (R-IN), 2025-11-18T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2026-01-20T00:00:00.000Z
- Rep. Ezell, Mike [R-MS-4] (R-MS), 2026-02-20T00:00:00.000Z
- Rep. Finstad, Brad [R-MN-1] (R-MN), 2026-03-03T00:00:00.000Z
- Rep. Houchin, Erin [R-IN-9] (R-IN), 2026-03-03T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2026-03-05T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2026-04-20T00:00:00.000Z
- Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI), 2026-04-29T00:00:00.000Z
- Rep. Stauber, Pete [R-MN-8] (R-MN), 2026-05-07T00:00:00.000Z
- Rep. Leger Fernandez, Teresa [D-NM-3] (D-NM), 2026-05-07T00:00:00.000Z
- Rep. Fischbach, Michelle [R-MN-7] (R-MN), 2026-06-18T00:00:00.000Z

## Provisions PRIA read

- Homeowner credit for major repairs: benefit, high. If enacted, homeowners could get a tax credit for a qualified rehab of their own home. The credit would equal the smallest of: your net rehab cost, 50% of rehab costs, or $50,000. You must own and live in the home at the contract date, have income at or below the area median, and the work must meet…
- Tax credit for builders selling affordable homes: benefit, high. If enacted, small builders could claim a new tax credit when they sell a qualified home at an affordable price. The credit would be the smallest of: extra development cost over the sale price, 40% of eligible costs, or 32% of the national median new‑home price, and it would be limited by the State’…
- State energy rebates not taxed: benefit, low. If a state energy office gives you a subsidy for energy upgrades to a qualified home, it would not count as taxable income. This change would apply in tax years after December 31, 2025.
- Rules for buyers of affordable homes: mixed, high. If enacted, the sale price would be capped at 4 times the area’s median family income, with higher caps for 2‑, 3‑, and 4‑unit homes (125%, 150%, 175% of the base). Your family income must be 140% of area median or less, checked at the contract date. For five years after you buy, you would need to…
- How states would run the program: mixed, medium. If enacted, Governors would name a state agency to set standards, certify projects, and report results. Each year, a state’s credit ceiling would be the larger of $12 million or $9 per resident, plus certain expirations and prior‑year unused amounts, with up to three years of carryforward. States w…

## Related bills

- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2102: Major Richard Star Act
- 119-hr-909: Crime Victims Fund Stabilization Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-2048: Metastatic Breast Cancer Access to Care Act

## Sources
- [119-hr-2854 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2854)

## Related
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-2048: Metastatic Breast Cancer Access to Care Act](https://policyrisk.com/legislation/119-hr-2048)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2854 (as of 2026-09-21).