HR 8824
116th Congress
House
Housing and Community Development
Government lending and loan guarantees
Housing and community development funding
Housing finance and home ownership
Housing supply and affordability
Low- and moderate-income housing
Rural conditions and development
Federal Financing Bank Risk-Sharing Act of 2020
Introduced: November 27, 2020
Introduced by:
Velázquez, Nydia M.
Democratic
· New York
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 27, 2020
Referred to the House Committee on Financial Services.
Nov 27, 2020
Introduced in House
Plain-English summary
Federal Financing Bank Risk-Sharing Act of 2020
This bill requires the Department of Housing and Urban Development and the Department of the Treasury to continue the Federal Financing Bank Risk-Sharing Program. The program provides financing to Housing Finance Agencies to build and maintain affordable housing. Additionally, the bill makes community development financial institutions eligible for the program.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1