US HB5223 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 21 2019 - 25% progression, died in committee
Action: 2019-11-21 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 21 2019 - 25% progression, died in committee
Action: 2019-11-21 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increases the amount of funds the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) must allocate each year to the Housing Trust Fund and the Capital Magnet Fund, both of which support affordable housing and are administered by the Department of Housing and Urban Development.
Title
GROW Affordable Housing Act Generating Resources and Opportunities Within Affordable Housing Act
Sponsors
| Rep. Joyce Beatty [D-OH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-21 | House | Referred to the House Committee on Financial Services. |
| 2019-11-21 | House | Introduced in House |
Subjects
Government corporations and government-sponsored enterprises
Government trust funds
Housing and community development
Housing and community development funding
Housing supply and affordability
Low- and moderate-income housing
Government trust funds
Housing and community development
Housing and community development funding
Housing supply and affordability
Low- and moderate-income housing
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5223/all-info |
| Text | https://www.congress.gov/116/bills/hr5223/BILLS-116hr5223ih.pdf |
