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S. 2399 110th Congress Senate

Financial Education and Counseling Assistance Act of 2007

Official title: A bill to expand and improve housing counseling services by increasing financial education and counseling services available to homeowners and prospective home… Show full official titleShow less

Official title: A bill to expand and improve housing counseling services by increasing financial education and counseling services available to homeowners and prospective homebuyers in financial turmoil or who seek credit or other personal financial assistance, and for other purposes.

Introduced: April 15, 2008 See on congress.gov
Housing and Community Development CommerceConsumer creditConsumer educationCounseling
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Economics and Public FinanceFederal aid to housingFinance and Financial SectorHome ownershipHousing financeMortgagesPersonal budgetsSaving and investmentSocial Welfare
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2007
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 16, 2007
Introduced in Senate
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 Latest action November 16, 2007

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Financial Education and Counseling Assistance Act of 2007 - Amends the Housing and Urban Development Act of 1968 to require the Secretary of Housing and Urban Development (HUD) to carry out a grant program to assist eligible organizations to provide financial education and counseling services to homeowners and prospective homebuyers.

Requires the Secretary to give preference to established community-based financial education and counseling organizations capable of providing in-person services.

Prohibits an organization from receiving such financial assistance unless its financial counselors are HUD-certified.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · Apr 15, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2399: Financial Education and Counseling Assistance Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-S-2399/
MLA
"S. 2399: Financial Education and Counseling Assistance Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-S-2399/.
Bluebook (legal)
S. 2399, 110th Cong. (2026), https://openamerica.io/bill/110-S-2399/.
Markdown link
[S. 2399: Financial Education and Counseling Assistance Act of 2007](https://openamerica.io/bill/110-S-2399/)
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