116th CONGRESS 2d Session |
To authorize additional funding for the housing counseling program of the Department of Housing and Urban Development.
March 23, 2020
Mrs. Axne introduced the following bill; which was referred to the Committee on Financial Services
To authorize additional funding for the housing counseling program of the Department of Housing and Urban Development.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Coronavirus Housing Counseling Support Act”.
The Congress finds the following:
(1) The spread of COVID–19, which is now considered a global pandemic, is expected to negatively impact the incomes of potentially millions of homeowners, making it difficult for them to pay their mortgages on time.
(2) Housing counseling is critical to ensuring that homeowners have the resources they need to navigate the loss mitigation options available to them while they are experiencing financial hardship.
SEC. 3. HUD counseling program authorization.
There is authorized to be appropriated the Secretary of Housing and Urban Development $700,000,000 to carry out counseling services described under section 106 of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701x).