HR 6729 · 116th Congress 2019–2021, ended

COVID-19 Homeowner Assistance Fund Act of 2020

Latest action · May 5, 2020 Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 5, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

COVID-19 Homeowner Assistance Fund Act of 2020

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.

Cosponsors 35

Members who signed on, in the order they did. Signatures ran from May 5, 2020 to Jul 23, 2020; 1 is an original cosponsor, there from the day it was introduced.

SeatCosponsorSigned on
D-CAMaxine WatersOriginalMay 5, 2020
D-WADenny HeckMay 8, 2020
D-NYGregory W. MeeksMay 8, 2020
D-CTJahana HayesMay 8, 2020
D-CAJudy ChuMay 8, 2020
D-ORSuzanne BonamiciMay 8, 2020
D-CATj CoxMay 8, 2020
D-TXVicente GonzalezMay 8, 2020
D-TXAl GreenMay 12, 2020
D-NCAlma S. AdamsMay 12, 2020
D-DCEleanor Holmes NortonMay 12, 2020
D-MOEmanuel CleaverMay 12, 2020
D-NYJerrold NadlerMay 12, 2020
D-CAJerry McNerneyMay 12, 2020
D-OHJoyce BeattyMay 12, 2020
D-NYNydia M. VelázquezMay 12, 2020
D-ORPeter A. DeFazioMay 12, 2020
D-FLAlcee L. HastingsMay 13, 2020
D-MSBennie G. ThompsonMay 13, 2020
D-CODiana DeGetteMay 13, 2020
D-ILJanice D. SchakowskyMay 13, 2020
D-GASanford D. Bishop, Jr.May 13, 2020
D-MEChellie PingreeMay 15, 2020
D-MDJamie RaskinMay 15, 2020
D-CARo KhannaMay 15, 2020
D-MOWm. Lacy ClayMay 15, 2020
D-PAMichael F. DoyleMay 19, 2020
D-PAMadeleine DeanMay 22, 2020
D-NYKathleen M. RiceJun 22, 2020
D-GUMichael F. Q. San NicolasJun 22, 2020
D-WAAdam SmithJun 24, 2020
D-HIEd CaseJun 24, 2020
D-MAJames P. McGovernJun 25, 2020
D-TNSteve CohenJun 25, 2020
D-PADwight EvansJul 23, 2020

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred May 5, 2020
HouseBudget Committee
Referred May 5, 2020

Actions 2

Everything that happened, newest first.

  1. May 5, 2020Introduced in House
  2. May 5, 2020Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8

The sponsor’s statement, as printed in the Congressional Record, vol. 166, no. 84, May 5, 2020, page H1979.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 6800The Heroes ActRelated billJul 23, 2020
HR 7301Emergency Housing Protections and Relief Act of 2020Related billJun 30, 2020

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To establish a Homeowner Assistance Fund to provide funds to State housing finance agencies for the purpose of preventing homeowner mortgage defaults, foreclosures, and displacements of individuals and families experiencing financial hardship, and for other purposes.
Short Title(s) as Introduced
COVID-19 Homeowner Assistance Fund Act of 2020

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 1

Each version as it was printed, newest first.

  1. May 5, 2020Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.