Senate Bill 3620
116th Congress(2019-2020)
A bill to establish a Housing Assistance Fund at the Department of the Treasury.
Introduced
Introduced in Senate on May 6, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3620
Congress
116
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
No Senate votes have been held for this bill.
Summary
This bill provides funds for assistance to homeowners to prevent mortgage defaults, foreclosures, and displacements of individuals and families experiencing financial hardship after January 21, 2020. The Department of the Treasury must disburse the funds to state housing finance agencies and Indian tribes for the provision of such assistance.
May 6, 2020
Sort by most recent
05/06/2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2291-2292)
05/06/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:42:44 PM