Housing Finance And Home Ownership

Federal
US Congress 116th Congress

Economic Mobility Corps Act of 2019 [S.884] [Community Development ] [Finance ] [Housing ] [Small Business ] [Economic Development ] [Funding ] [Grants ] [Human Services ] [Poverty ]
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.

  

Sponsored by: Sen. Christopher A. Coons Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 03/26/2019

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Federal
US Congress 116th Congress

National Law Enforcement Museum Commemorative Coin Act [HB-1865] [Law Enforcement ] [Funding ] [Agriculture ] [Energy ] [Veterans ] [Transportation and Motor Vehicles ] [Housing ] [Budget and Spending ] [Healthcare ] [Labor, Jobs, Employment ] [Education ] [Public Safety ] [Military ]
Provides FY2020 appropriations for several federal departments and agencies. It includes 8 of the 12 regular FY2020 appropriations bills: the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2020; the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2020; the Energy and Water Development and Related Agencies Appropriations Act, 2020; the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2020; the Legislative (continued...)

  

Sponsored by: Rep. Alexander Mooney Presented To President. on 12/20/2019

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Federal
US Congress 116th Congress

American Housing and Economic Mobility Act of 2019 [HB-1737] [Housing ] [Real Estate ] [Taxes ] [Economic Development ] [Finance ] [Community Development ] [Human Rights ] [Veterans ] [Construction ] [Funding ] [Grants ] [Family-Related Legislation ] [Consumer Protection ]
Addresses housing affordability and availability, makes certain changes to the estate and gift taxes, and contains other related provisions. The Department of Housing and Urban Development shall provide grants to (1) state and local governments that remove unnecessary barriers to building affordable units, (2) states to assist borrowers who have negative equity in their homes, (3) state housing finance agencies to construct affordable rental housing and prevent tenant displacement and harassment, and (4) eligible individuals (generally, lower income (continued...)

  

Sponsored by: Rep. Barbara Lee Referred To The Subcommittee On The Constitution, Civil Rights, And Civil Liberties. on 04/12/2019

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Federal
US Congress 116th Congress

American Housing and Economic Mobility Act of 2019 [S.787] [Housing ] [Real Estate ] [Taxes ] [Economic Development ] [Community Development ] [Finance ] [Human Rights ] [Veterans ] [Construction ] [Grants ] [Funding ] [Family-Related Legislation ]
Addresses housing affordability and availability, makes certain changes to the estate and gift taxes, and contains other related provisions. The Department of Housing and Urban Development shall provide grants to (1) state and local governments that remove unnecessary barriers to building affordable units, (2) states to assist borrowers who have negative equity in their homes, (3) state housing finance agencies to construct affordable rental housing and prevent tenant displacement and harassment, and (4) eligible individuals (generally, lower income (continued...)

  

Sponsored by: Sen. Edward J. Markey Read Twice And Referred To The Committee On Finance. on 03/13/2019

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Federal
US Congress 116th Congress

State Flood Mitigation Revolving Fund Act of 2019 [HB-1610] [Disaster Relief ] [Funding ] [Grants ] [Infrastructure ] [Water ] [Environmental ] [Housing ] [Community Development ] [Public Safety ] [Real Estate ]
Permits the Federal Emergency Management Agency (FEMA) to provide capitalization grants to states. These grants must establish revolving funds to address flood risks. Revolving funds may be used to provide (1) financial assistance to participants in the National Flood Insurance Program, including homeowners, businesses, nonprofit organizations, and local governments; or (2) support for leveraged loans or state bonds. Financial assistance may be used for elevation projects, flood-proofing activities, relocation or removal of buildings, environmental (continued...)

  

Sponsored by: Rep. Henry C. Johnson Introduced In House on 03/07/2019

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Federal
US Congress 116th Congress

Consumers First Act [HB-1500] [Finance ] [Student Loans ] [Consumer Protection ] [Housing ] [Medicare and Medicaid ] [Budget and Spending ] [Veterans ] [Senior Citizens ] [Children and Youth ] [Data Privacy ]
Revises provisions related to the administration of the Consumer Financial Protection Bureau (CFPB). (Sec. 3) The bill amends all statutory references to the "Bureau of Consumer Financial Protection" to refer instead to the "Consumer Financial Protection Bureau." (Sec. 5) Specified units, offices, and boards of the CFPB must perform their assigned duties and may not be renamed or reorganized. The bill establishes requirements for staffing levels, political appointees, and the publication of consumer complaints regarding consumer financial products (continued...)

  

Sponsored by: Rep. Gregory W. Meeks Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/23/2019

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Federal
US Congress 116th Congress

Improving Rural Access to Power Act of 2019 [S.619] [Energy ] [Finance ] [Small Business ] [Infrastructure ]
Authorizes Federal Home Loan Banks to purchase certain securities from cooperatives that (1) have certain investment experience involving the Rural Utilities Service, and (2) have received financing from the Federal Financing Bank.

  

Sponsored by: Sen. Jon Tester Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/28/2019

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Federal
US Congress 116th Congress

Tax Extender and Disaster Relief Act of 2019 [S.617] [Taxes ] [Disaster Relief ] [Retirement ]
Extends certain tax credits and deductions expiring in 2018 and 2019, and provides disaster tax relief, including penalty-free withdrawal of retirement funds for disaster expenses.

  

Sponsored by: Sen. Chuck Grassley Read The Second Time. Placed On Senate Legislative Calendar Under General Orders. Calendar No. 28. on 03/04/2019

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Federal
US Congress 116th Congress

Residential Rent to Own Protection Act [S.571] [Housing ] [Consumer Protection ] [Real Estate ] [Finance ]
Establishes requirements regarding residential rent-to-own agreements. The bill requires residential property subject to rent-to-own agreements to comply with applicable state and local habitability laws, prohibits eviction of a purchaser of such an agreement except if ordered in a judicial proceeding, requires public documentation of these agreements, and establishes civil penalties for violations. The Consumer Financial Protection Bureau must promulgate regulations under this bill.

  

Sponsored by: Sen. Jeff Merkley Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/26/2019

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Federal
US Congress 116th Congress

Self-Employed Mortgage Access Act of 2019 [S.540] [Housing ] [Real Estate ] [Finance ] [Small Business ] [Consumer Protection ]
Allows creditors to use certain alternative standards when evaluating an applicant's ability to pay for purposes of obtaining a home mortgage.

  

Sponsored by: Sen. Cory A. Booker Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/25/2019

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Federal
US Congress 116th Congress

ACCESS BROADBAND Act Advancing Critical Connectivity Expands Service, Small Business Resources, Opportunities, Access, and Data Based on Assessed Need and Demand Act [HB-1328] [Telecommunications ] [Technology and Innovation ] [Small Business ] [Infrastructure ] [Community Development ] [Economic Development ] [Funding ] [Grants ]
Requires the Department of Commerce to establish the Office of Internet Connectivity and Growth within the National Telecommunications and Information Administration. The office shall connect with communities that need access to high-speed internet and hold regional workshops to share best practices and effective strategies for promoting broadband access and adoption. The bill also requires the office to (1) develop targeted broadband training and presentations for various demographic communities through media, (2) develop and distribute publications (continued...)

  

Sponsored by: Rep. H. Morgan Griffith Received In The Senate And Read Twice And Referred To The Committee On Commerce, Science, And Transportation. on 05/09/2019

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Federal
US Congress 116th Congress

Borderland Takings Defense Fund Act [HB-1233] [Immigration ] [Real Estate ] [Housing ] [Funding ] [Human Services ] [Poverty ] [Law Enforcement ] [National Security ] [Public Safety ]
Directs the Department of Homeland Security (DHS) to establish a fund to assist eligible individuals when the government seeks to acquire or condemn such individuals' property for the purpose of building physical barriers or roads along the U.S.-Mexico border. DHS shall not take actions toward construction of such barriers or roads until the fund is made available to eligible property owners and such owners are informed as to how to access support through the fund. Assistance through the fund shall be limited to low-income property owners or those (continued...)

  

Sponsored by: Rep. Eleanor Holmes Norton Referred To The Subcommittee On The Constitution, Civil Rights, And Civil Liberties. on 03/25/2019

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Federal
US Congress 116th Congress

BUILD Act Building Up Independent Lives and Dreams Act [S.371] [Housing ] [Nonprofit ] [Real Estate ] [Consumer Protection ]
Allows nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.

  

Sponsored by: Sen. Angus S. King Signed By President. on 01/13/2021

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Federal
US Congress 116th Congress

Aid to Homeowners with Crumbling Foundations Act of 2019 [S.356] [Housing ] [Construction ] [Funding ] [Grants ] [Disaster Relief ] [Community Development ]
Requires the Department of Housing and Urban Development to provide grants for states to assist residential-building owners in repairing or replacing concrete foundations that have deteriorated due to pyrrhotite (an iron sulfide mineral).

  

Sponsored by: Sen. Edward J. Markey Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/06/2019

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Federal
US Congress 116th Congress

Crumbling Foundations Small Business and Homeowners Assistance Act of 2019 [S.355] [Small Business ] [Housing ] [Disaster Relief ] [Funding ] [Grants ] [Construction ] [Community Development ] [Insurance ] [Real Estate ]
Requires the Federal Emergency Management Agency to award grants for states to assist homeowners, small-business owners, and condominium associations in preventing, mitigating, and repairing structural damage to concrete foundations that contain pyrrhotite (an iron sulfide mineral linked to crumbling foundations).

  

Sponsored by: Sen. Edward J. Markey Read Twice And Referred To The Committee On Homeland Security And Governmental Affairs. on 02/06/2019

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Federal
US Congress 116th Congress

Home Loan Quality Transparency Act of 2019 [S.331] [Finance ] [Housing ] [Real Estate ] [Consumer Protection ] [Small Business ]
Expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.

  

Sponsored by: Sen. Dianne Feinstein Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/05/2019

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Federal
US Congress 116th Congress

Federal Employees Civil Relief Act [S.72] [Labor, Jobs, Employment ] [Budget and Spending ] [Law Enforcement ]
Establishes a framework to temporarily suspend certain judicial and administrative proceedings against a federal employee or contractor during a lapse in appropriations.

  

Sponsored by: Sen. Jack Reed Read Twice And Referred To The Committee On Finance. on 01/09/2019

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Federal
US Congress 116th Congress

Making consolidated appropriations for the fiscal year ending September 30, 2019, and for other purposes. [HJR-31] [Budget and Spending ] [Finance ] [Agriculture ] [Food ] [Healthcare ] [Technology and Innovation ] [Telecommunications ] [Transportation and Motor Vehicles ] [Law Enforcement ] [Criminal Justice ] [Cybersecurity ] [National Security ] [Public Safety ] [Disaster Relief ] [Science ] [Energy ] [Environmental ] [Water ] [Public Health ] [Small Business ] [Labor, Jobs, Employment ] [Consumer Protection ] [Data Privacy ] [Immigration ] [Defense ] [Military ] [Construction ] [Housing ] [Economic Development ] [Education ] [Veterans ] [Senior Citizens ] [Children and Youth ] [Animals ] [Waste Management / Recycling ] [Air Quality ] [Climate Change ] [Pharmaceuticals ] [Alcoholic Beverages ] [Crime ]
(Sec. 3) This section provides that references to "this Act" included in any division of this bill refer only to the provisions of the division unless the bill expressly provides otherwise. (Sec. 4) This section specifies that the sums in this bill are appropriated for FY2019. (Sec. 5) This section provides that amounts designated by this bill for Overseas Contingency Operations/ Global War on Terrorism pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 are only available (or rescinded, if applicable) if the President subsequently (continued...)

  

Sponsored by: Rep. Lucille Roybal-Allard Became Public Law No: 116-6. on 02/15/2019

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Federal
US Congress 116th Congress

BUILD Act Building Up Independent Lives and Dreams Act [HB-1060] [Housing ] [Nonprofit ] [Real Estate ] [Consumer Protection ]
Allows nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.

  

Sponsored by: Rep. Nydia M. Velazquez Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/15/2019

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Federal
US Congress 116th Congress

PARITY Act of 2019 Preserving Access to Rural Installment Transactions for Years Act of 2019 [HB-1036] [Finance ] [Real Estate ] [Housing ] [Small Business ] [Consumer Protection ]
Revises the definition of a mortgage originator for the purposes of compliance with registration and compensation requirements. Among other things, it exempts from mortgage originator requirements those lenders providing financing to five (currently three) or fewer properties in a year, including corporations and partnerships that would otherwise be regulated as mortgage originators. The bill also removes the requirement that such lenders, in order to be exempt from these requirements, must verify the buyer's ability to repay the loan.

  

Sponsored by: Rep. Denver Riggleman Introduced In House on 02/07/2019

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