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HR 8599 117th Congress House Housing and Community Development

GROW Affordable Housing Act

Introduced: July 29, 2022 Introduced by: Beatty, Joyce Democratic · Ohio See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2022
Referred to the House Committee on Financial Services.
Jul 29, 2022
Introduced in House
 Plain-English summary Congressional Research Service

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 July 29, 2022

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1