the straight part of a racetrack from the last turn to the finish line. Compare backstretch.
the final phase of any endeavor: The political campaign is in the homestretch.

1835–45, Americanism; home + stretch Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To homestretch

1. the end of an enterprise; "they were on the homestretch when the computer crashed" 
2. the straight stretch of a racetrack leading to the finish line 
WordNet® 3.0, © 2006 by Princeton University.
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Example sentences
In the waning moments of the semiprofessional derby, two jockeys come galloping down the homestretch, neck and neck.
Sensing disaster, scores of spectators began surging over the fence that separated the track apron from the homestretch.
The candidates were running flat out in a race that was supposed to be all homestretch.
He won it after a dramatic duel down the homestretch that gave all nine horses in the race a shot.
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