S 2399
110th Congress
Senate
Housing and Community Development
Commerce
Consumer credit
Consumer education
Counseling
Economics and Public Finance
Federal aid to housing
Finance and Financial Sector
Home ownership
Housing finance
Mortgages
Personal budgets
Saving and investment
Social Welfare
Financial Education and Counseling Assistance Act of 2007
Introduced: November 16, 2007
See on congress.gov
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
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1