To amend the Internal Revenue Code of 1986 to increase to $25,000 the amount of a home improvement loan which may be financed with tax-exempt bonds.

Amends the Internal Revenue Code to increase to $25,000 (currently $15,000) the amount of a home improvement loan which may be financed with tax-exempt bonds. Provides a cost-of-living adjustment for such amount in calendar years after 1991.