S 2725
116th Congress
Senate
Native Americans
Congressional oversight
Government information and archives
Government lending and loan guarantees
Housing and community development funding
Indian lands and resources rights
Indian social and development programs
Native American Housing Affordability Act of 2019
Introduced: October 29, 2019
Introduced by:
Rounds, Mike
Republican
· South Dakota
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 29, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 29, 2019
Introduced in Senate
Plain-English summary
Native American Housing Affordability Act of 2019
This bill allows the Department of Housing and Urban Development (HUD) to more expeditiously issue a certificate of guarantee for certain loans related to Native American housing. Specifically, HUD may take such action before receiving the required trailing documents if the originating lender agrees to indemnify HUD for any losses during the period in which the required trailing documents are outstanding.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1