HR 5223
116th Congress
House
Housing and Community Development
Government corporations and government-sponsored enterprises
Government trust funds
Housing and community development funding
Housing supply and affordability
Low- and moderate-income housing
GROW Affordable Housing Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 21, 2019
Referred to the House Committee on Financial Services.
Nov 21, 2019
Introduced in House
Plain-English summary
Generating Resources and Opportunities Within Affordable Housing Act or the GROW Affordable Housing Act
This bill increases the amount of funds the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) must allocate each year to the Housing Trust Fund and the Capital Magnet Fund, both of which support affordable housing and are administered by the Department of Housing and Urban Development.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1