Legislation & Legislation Proposals
House Dear-Colleague Letter: HOME Investment Partnerships Program FY 2022
The April 30, 2021, letter below, signed by 74 members of Congress, requests support from the House Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to restore the HOME Investment Partnerships program (HOME) to at least $1.9 billion for fiscal year 2022.
Senate Republicans Infrastructure Proposal Framework
Senate Republicans, led by Senate Environment and Public Works Committee Ranking Member Shelley Moore Capito, released this $568 billion counteroffer framework to the Biden Administrationās American Jobs Plan infrastructure proposal.
The Affordable Housing Credit Improvement Act of 2021 (S. 1136/H.R. 2573)
This legislation, introduced by Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Rob Portman (R-OH) and its identical House companion legislation introduced by Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Don Beyer (D-VA), and Brad Wenstrup (R-OH) would expand the improve the Low Income Housing Tax Credit program, including by raising the Housing Credit volume cap by 50 percent, lowering the bond finance threshold to 25 percent, and making other programmatic changes allowing the Housing Credit to better reach hard-to-reach populations, streamline program rules, and allow for more preservation of affordable housing.Ā
NCSHA Summary of Homelessness Assistance and Supportive Services Program Under HOME
This summary provides the details of the HOME Investment Partnerships Homeless Assistance and Supportive Services program included in the American Rescue Plan Act.
American Rescue Plan Provisions Pertaining to the Homeowner Assistance Fund
This document contains the legislative language in the American Rescue Plan Act, enacted on March 11, 2021, that authorizes the Homeowner Assistance Fund.
NCSHA Summary of Homeowner Assistance Fund
This summary provides the details of the Homeowner Assistance Fund included in the American Rescue Plan Act, enacted on March 11, 2021.Ā
House Financial Services 2021 COVID-19 Relief Draft Bill
This draft legislation, which the House Financial Services Committee will mark up on February 10, includes the housing provisions expected to be included in the 2021 COVID-19 relief legislation.
Homeowner Assistance Fund (S.254)
This legislation, introduced by Senator Jack Reed (D-RI) with lead cosponsors Sherrod Brown (D-OH), and Patrick Leahy (D-VT), would authorize a $75 billion Homeowner Assistance Fund at the Department of the Treasury, which would be administered at the state level to help struggling homeowners avoid foreclosure and utility shut-offs.Ā
American Rescue Plan
This document outlines President-Elect Bidenās proposal for a comprehensive COVID-19 relief platform, including housing aid.
