An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Affordable housing crisis period

A time, determined by the Secretary of Housing and Urban Development, when it is illegal to charge extremely high prices for residential rentals or sales.

Single-family housing

A home with one to four living units, not including apartments in condominium or cooperative buildings.

Unconscionably excessive

A price that is unreasonably high and appears to exploit a housing crisis for unfair profit, rather than reflecting legitimate costs.

Federal Register

The official daily publication of the U.S. government that announces new rules, proposed rules, and notices of federal agencies and organizations.

Affirmative defense

A legal argument where a defendant admits to the action but provides new evidence or reasons to justify it, such as showing price increases were due to legitimate additional costs.

Civil penalties

Fines or other punishments imposed in a non-criminal legal case, often monetary, to ensure compliance with a law or compensate for harm.