HR 3464 · 118th Congress 2023–2025, ended

Affordable Homeownership Access Act

Fact sheet

Latest action · May 18, 2023 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.

  1. IntroducedMay 18, 2023
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Affordable Homeownership Access Act

This bill exempts from certain mortgage licensing and registration requirements a person (other than a depository institution) who engages in owner financing. Owner financers (1) originate a limited number of residential mortgage loans in a year, and (2) only originate residential mortgages with respect to property owned by the owner financer.

Cosponsors 13

Members who signed on, in the order they did. Signatures ran from May 18, 2023 to Sep 18, 2024, with 3 there on the day it was introduced.

SeatCosponsorSigned on
R-FLBill PoseyOriginalMay 18, 2023
D-TXHenry CuellarOriginalMay 18, 2023
D-TXVicente GonzalezOriginalMay 18, 2023
R-MNTom EmmerJun 14, 2023
D-PABrendan F. BoyleJun 23, 2023
R-MOBlaine LuetkemeyerJul 11, 2023
R-FLByron DonaldsJul 11, 2023
R-TXPete SessionsJul 11, 2023
R-INErin HouchinSep 12, 2023
R-OHBrad R. WenstrupJan 22, 2024
R-MOMark AlfordJun 11, 2024
R-TNDiana HarshbargerJul 22, 2024
R-NYBrandon WilliamsSep 18, 2024

Actions 2

Everything that happened, newest first.

  1. May 18, 2023Introduced in House
  2. May 18, 2023Referred to the House Committee on Financial Services.

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. May 18, 2023Introduced in House

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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.