HR 3003 113th Congress House Housing and Community Development Government lending and loan guarantees Housing finance and home ownership Housing supply and affordability Low- and moderate-income housing Small business

NEW HOUSE Act of 2013

Introduced: August 2, 2013 Introduced by: Beatty, Joyce Democratic · Ohio See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Aug 2, 2013

Referred to the House Committee on Financial Services.

Aug 2, 2013

Introduced in House

Plain-English summary Congressional Research Service

National Expansion of Working-families Housing Options Using Small Enterprises Act of 2013 or the NEW HOUSE Act of 2013 - Amends the State Small Business Credit Initiative Act of 2010 to allow states participating in the state small business credit initiative to provide funds to small businesses to be used: (1) to develop, acquire, rehabilitate, maintain, operate, or manage housing projects for low- or moderate-income households; (2) to cover any matching, non-federal contribution required in connection with any other federal grant or assistance program providing such housing; or (3) to purchase foreclosed properties and property being sold by a state or local government in order to provide such housing.

Earmarks for such projects certain amounts unobligated as of the date of enactment of the Strengthening Economic Development Through Affordable Housing Act of 2013.

What's happening now August 2, 2013

Referred to the House Committee on Financial Services.

Committees of jurisdiction 1