To study the need for, and the feasibility and cost of, establishing a national residential rental registry, and for other purposes.
About This Bill
Committee
Latest Action · December 18, 2024
Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The Know Who Owns Your Home Act of 2024 directs the Secretary of Housing and Urban Development to study the feasibility, costs, and necessity of creating a national residential rental registry that would track information about rental properties, including their size, location, ownership, rent levels, accessibility features, and whether they receive federal assistance or subsidies. The study would examine what data is already available, how to collect information from property owners, whether registration should occur within 30 to 60 days of a property entering the market, and how state and local governments could enforce participation through building permits or local registries. The secretary must also recommend how to identify at-risk properties such as those with expiring affordability restrictions, significant rent increases, or fair housing violations, and consider how to make any resulting registry accessible to tenants and government agencies. The bill requires the Department of Housing and Urban Development to submit its findings and recommendations to Congress within 270 days of enactment and authorizes whatever funding is necessary to complete the study. The legislation affects rental property owners, tenants, and government agencies at all levels involved in housing oversight and policy.
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