Ensuring HOMES Act
Latest action · Jan 4, 2021 Referred to the House Committee on Financial Services.
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.
- IntroducedJan 4, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Ensuring Homeowner and Occupant Monetary Encouragement and Stability Act or the Ensuring HOMES Act
This bill sets forth additional housing protections during the COVID-19 (i.e., coronavirus disease 2019) emergency period.
Mortgage holders and lenders are prohibited from requiring payment on a mortgage deferred during the COVID-19 emergency period until the later of (1) the last day of the loan term, or (2) the end of the deferral period.
The bill establishes the Tenant Protection Program that provides loans to landlords who waive rent during the COVID-19 emergency period. The bill also provides for forgiveness of these loans if the landlord provides lease extensions and agrees not to evict tenants.
This bill applies retroactively to the beginning of the COVID-19 emergency period and applies to any future declared COVID-19 emergency period.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Jan 4, 2021 to Mar 9, 2021; 10 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NJ | Albio Sires | Original | Jan 4, 2021 |
| D-MI | Daniel T. Kildee | Original | Jan 4, 2021 |
| D-DC | Eleanor Holmes Norton | Original | Jan 4, 2021 |
| D-MD | Jamie Raskin | Original | Jan 4, 2021 |
| D-IL | Janice D. Schakowsky | Original | Jan 4, 2021 |
| D-TN | Jim Cooper | Original | Jan 4, 2021 |
| D-MD | Kweisi Mfume | Original | Jan 4, 2021 |
| D-WI | Mark Pocan | Original | Jan 4, 2021 |
| D-AZ | Raúl M. Grijalva | Original | Jan 4, 2021 |
| D-FL | Val Butler Demings | Original | Jan 4, 2021 |
| D-TN | Steve Cohen | Jan 5, 2021 | |
| D-MS | Bennie G. Thompson | Jan 15, 2021 | |
| D-CA | Jerry McNerney | Jan 15, 2021 | |
| D-FL | Alcee L. Hastings | Jan 25, 2021 | |
| D-NJ | Mikie Sherrill | Jan 25, 2021 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jan 4, 2021 |
Actions 2
Everything that happened, newest first.
- Jan 4, 2021Introduced in House
- Jan 4, 2021Referred to the House Committee on Financial Services.
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
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 2, January 4, 2021, page H55.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6492 | Ensuring HOMES Act | Reintroduction of | Apr 14, 2020 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require any payments of principal or interest on a residential mortgage loan that are deferred during a COVID-19 emergency period to be due no earlier than the last day of the loan term, and for other purposes.
- Short Title(s) as Introduced
- Ensuring HOMES Act
- Ensuring Homeowner and Occupant Monetary Encouragement and Stability Act
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
Text 1
Each version as it was printed, newest first.
- Jan 4, 2021Introduced in House
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.
