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S. 2725

Native American Housing Affordability Act of 2019

Native American Housing Affordability Act of 2019

This bill allows the Department of Housing and Urban Development (HUD) to more expeditiously issue a certificate of guarantee for certain loans related to Native American housing. Specifically, HUD may take such action before receiving the required trailing documents if the originating lender agrees to indemnify HUD for any losses during the period in which the required trailing documents are outstanding.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Rounds, Mike [R-SD](R-SD)Sponsor
5 cosponsors3 D2 R
5cosponsors1committees2actions7subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Native American Housing Affordability Act of 2019 — Informed