US SB884 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 26 2019 - 25% progression, died in committee
Action: 2019-03-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishes the Economic Mobility Corps for the purpose of providing support to community development financial institutions and projects related to financial counseling, financial services, job placement, small business financing, affordable rental housing financing, commercial facility financing, community facility financing, single-family home financing, and foreclosure prevention services. Specifically, the Corporation for National and Community Service and the Department of the Treasury must establish grants and other support for this program.

Tracking Information

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Title

Economic Mobility Corps Act of 2019

Sponsors


History

DateChamberAction
2019-03-26SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB3845 (Related) 2019-07-18 - Referred to the House Committee on Education and Labor.

Subjects


US Congress State Sources


Bill Comments

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