This bill authorizes $1.5 billion per year for five years, from 2024 through 2028, to fund the HOME Investment Partnership Program administered by the Department of Housing and Urban Development. The HOME program provides grants to states and local governments to develop affordable housing for low-income families. Additionally, the bill authorizes an extra $500 million annually during the same period specifically for projects that build or rehabilitate childcare facilities as part of HOME-funded housing developments. The legislation affects state and local housing agencies, affordable housing developers, and low-income families seeking housing assistance, as well as families needing childcare services. In total, this represents $10 billion in authorized funding over the five-year period.