COVID-19 Homeowner Assistance Fund Act of 2020
This bill died when its Congress ended.
Bills don't carry over between Congresses. Without re-introduction in a new session, it cannot advance.
This bill establishes the Homeowner Assistance Fund at the Department of the Treasury to support state housing finance agencies. The funds may be used to prevent mortgage defaults, housing foreclosures, and the displacement of families and individuals experiencing financial hardship after January 21, 2020. Funds may specifically be used for assistance with mortgage payments, taxes, specified insurance, homeowner association fees, utility payments, and for the reimbursement of state or local funds previously used to provide such assistance as a response to the COVID-19 (i.e., coronavirus disease 2019) pandemic. The bill otherwise provides for income requirements and allocation of funds to eligible states, territories, and tribes.
Filed in the House
This house bill has been filed and is working its way through Congress. It will need to pass both the House and the Senate, then be signed by the President to become law.
Who introduced this
David Scott
DU.S. Representative · GA-13
35 cosponsors — all Democrat
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