Skip to main content
HR 618 117th Congress House Housing and Community Development Bank accounts, deposits, capital Cardiovascular and respiratory health Congressional oversight Emergency medical services and trauma care Financial literacy Foreign language and bilingual programs Fraud offenses and financial crimes Government corporations and government-sponsored enterprises Government information and archives Government lending and loan guarantees Government studies and investigations Housing discrimination Housing finance and home ownership Infectious and parasitic diseases Low- and moderate-income housing Rural conditions and development User charges and fees

Promoting Access to Credit for Homebuyers Act of 2021

Introduced: January 28, 2021 Introduced by: Vargas, Juan Democratic · California See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2021
Referred to the House Committee on Financial Services.
Jan 28, 2021
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Promoting Access to Credit for Homebuyers Act of 2021

This bill requires Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development to purchase or insure single-family mortgages originated on or after February 1, 2020, on the same terms as they otherwise would despite a borrower entering into, or inquiring about, forbearance due to a COVID-19 (i.e., coronavirus disease 2019) related hardship. This requirement begins 5 days after enactment of this bill and ends 60 days after the end of the period of time a borrower may request a COVID-19 related forbearance.

The Federal Housing Finance Agency may not increase fees or otherwise restrict access to credit during the COVID-19 emergency without congressional notice.

The Government Accountability Office must report on COVID-19-related assistance to consumers by Freddie Mac, Fannie Mae, and the Federal Housing Administration mortgage insurance programs.

What's happening now January 28, 2021

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 6
D
Barragán, Nanette Diaz
California · Jan 28, 2021
 D
Cleaver, Emanuel
Missouri · Jan 28, 2021
 D
Evans, Dwight
Pennsylvania · Jan 28, 2021
 D
Hayes, Jahana
Connecticut · Jan 28, 2021
Lee, Barbara
· Jan 28, 2021
 D
Velázquez, Nydia M.
New York · Jan 28, 2021
 D
Waters, Maxine
California · Jan 28, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 618: Promoting Access to Credit for Homebuyers Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-618/
MLA
"H.R. 618: Promoting Access to Credit for Homebuyers Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-618/.
Bluebook (legal)
H.R. 618, 117th Cong. (2026), https://openamerica.io/bill/117-HR-618/.
Markdown link
[H.R. 618: Promoting Access to Credit for Homebuyers Act of 2021](https://openamerica.io/bill/117-HR-618/)
Report a problem