HR 6492 116th Congress House Housing and Community Development Cardiovascular and respiratory health Emergency medical services and trauma care Housing and community development funding Housing finance and home ownership Infectious and parasitic diseases Landlord and tenant

Ensuring HOMES Act

Introduced: April 14, 2020 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 14, 2020

Referred to the House Committee on Financial Services.

Apr 14, 2020

Introduced in House

Plain-English summary Congressional Research Service

Ensuring Homeowner and Occupant Monetary Encouragement and Stability Act or the Ensuring HOMES Act

This bill sets forth additional housing protections during the COVID-19 (i.e., coronavirus disease 2019) emergency period.

Mortgage holders and lenders are prohibited from requiring payment on a mortgage deferred during the COVID-19 emergency period until the later of (1) the last day of the loan term, or (2) the end of the deferral period.

The bill establishes the Tenant Protection Program that provides loans to landlords who waive rent during the COVID-19 emergency period. The bill also provides for forgiveness of these loans if the landlord provides lease extensions and agrees not to evict tenants.

This bill applies retroactively to the beginning of the COVID-19 emergency period and applies to any future declared COVID-19 emergency period.

What's happening now April 14, 2020

Referred to the House Committee on Financial Services.

Committees of jurisdiction 1