The Housing Oversight and Mitigating Exploitation Act of 2025 aims to address housing affordability by giving the federal government tools to combat price gouging in rental and home sales markets. When the Secretary of Housing and Urban Development declares an affordable housing crisis, landlords and home sellers would be prohibited from charging "unconscionably excessive" prices that appear designed to exploit the crisis, with the ban lasting up to 30 days and renewable as needed. The bill provides enforcement mechanisms through HUD and state attorneys general, with penalties deposited into a Housing Trust Fund to support low-income housing. The legislation also directs HUD to investigate housing market manipulation and investor concentration, requires establishment of a Housing Monitoring and Enforcement Unit within HUD to track market trends, and mandates studies on unfair tenant screening practices and anti-competitive behavior in housing markets. The bill authorizes $1 million for fiscal year 2024 to conduct these investigations and monitoring activities.
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