Fulfilling the Promise of the Housing Trust Fund Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 14, 2020)
Fulfilling the Promise of the Housing Trust Fund Act
This bill specifies that amounts received from fee increases on mortgage-backed securities guaranteed by the Federal National Mortgage Association (Fannie Mae) or participation certificates guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) on or after October 1, 2021, must be deposited into the Housing Trust Fund, which is dedicated to producing and preserving affordable housing. Such amounts shall be available without further appropriation.
What just happenedJan 14, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJan 14, 2020
- Jan 14, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 14, 2020IntroReferralIntro-H
Introduced in House
- Jan 14, 2020IntroReferral1000
Introduced in House