bill_id,congress,bill_type,bill_number,title,policy_area,introduced_date,latest_action_date,latest_action_text,origin_chamber,sponsor_name,sponsor_state,sponsor_party,sponsor_bioguide_id,cosponsor_count,summary_text,update_date,url
113-hr-5776,113,hr,5776,Tenant Income Verification Relief Act of 2014,Housing and Community Development,2014-12-01,2014-12-01,Referred to the House Committee on Financial Services.,House,"Rep. Perlmutter, Ed [D-CO-7]",CO,D,P000593,1,"Tenant Income Verification Relief Act of 2014 - Amends the United States Housing Act of 1937 with respect to annual review of low-income families' income for eligibility requirements for certain federal assisted housing programs. Prohibits, after the initial review of any family's fix income, the public housing agency (PHA) or owner from being required to review its income for any year for which the family certifies, in accordance with specified requirements as the Secretary of Housing and Urban Development (HUD) shall establish.  Requires the PHA or owner to review each such family's income at least once every three years. Requires PHAs to also review a family's income receiving Section 8 (rental assistance voucher program) at least once every three years (currently, at least annually).",2023-01-11T13:25:14Z,
113-s-2960,113,s,2960,A bill to provide for rental assistance for homeless or at-risk Indian veterans.,Housing and Community Development,2014-11-20,2014-11-20,Read twice and referred to the Committee on Indian Affairs.,Senate,"Sen. Tester, Jon [D-MT]",MT,D,T000464,4,"Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development (HUD) to carry out a rental assistance and supportive housing program, in conjunction with the Secretary of Veterans Affairs (VA), for the benefit of Indian veterans who are homeless or at-risk of homelessness and who are residing on or near Indian areas. Requires rental assistance under such program to be: (1) made available to recipients eligible for housing assistance block grants under the Native American Housing Assistance and Self-Determination Act of 1996; and (2) awarded based on need, administrative capacity, and any other funding criteria established by the HUD Secretary in a notice published in the Federal Register after consulting with the VA Secretary.",2023-01-11T13:25:18Z,
113-hr-5553,113,hr,5553,Preventing Improper Foreclosures Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Beatty, Joyce [D-OH-3]",OH,D,B001281,1,"Preventing Improper Foreclosures Act of 2014 - Amends the Garn-St Germain Depository Institutions Act of 1982 with respect to the prohibition against exercise of a due-on-sale contract requirement upon certain transfers of property subject to a real property loan.  Requires the lender, in the case of such a transfer, to provide the successor homeowner with information about the mortgage loan, including the availability of loan modification options. Requires a lender, with respect to any such transfer not involving a reverse mortgage, to: (1)  evaluate the successor homeowner promptly for a loan modification on the same terms as if the successor homeowner had been the original borrower and mortgagor, and (2) perform this evaluation and offer any available loss mitigation before any assumption by the successor homeowner of the obligations under the note.  Allows the failure of a lender to comply with such requirements to be asserted as a defense to any judicial or non-judicial foreclosure. Entitles the homeowner to recover statutory damages not to exceed $1,000 per violation, actual damages, costs, and attorney's fees in any successful action the homeowner brings. Amends the National Housing Act with respect to insurance of home equity conversion mortgages (reverse mortgages) for elderly homeowners. Prohibits the Secretary of Housing and Urban Development (HUD) from insuring a reverse mortgage unless the mortgage provides that the maturity of the loan obligation (currently, the homeowner's obligation to satisfy the loan obligation) is deferred until the death of the homeowner (as under current law) and the homeowner's spouse or the permanent relocation of the homeowner and homeowner's spouse, in addition to sale of the home or other occurrences specified by the Secretary as under current law. Adds new sales terms for a reverse mortgage to be eligible for insurance. Denies any liability of the mortgagor (as under current law) or the mortgagor's estate or the heirs for any difference between the amount of indebtedness under the mortgage and the amount recovered by the mortgagee from the net sales proceeds or the insurance benefits paid. Requires a reverse mortgage, to be eligible for mortgage insurance, to allow: (1) sale of the dwelling subject to the mortgage for at least the lesser of the remaining mortgage balance or the dwelling's appraised value (or 5% less than the dwelling's appraised value, if the loan is due and payable); and (2) satisfaction of the loan obligation by the mortgagor's estate or heirs, upon the mortgagor's death, for the lesser of the remaining mortgage balance or 5% less than the appraised value.",2023-01-11T13:25:34Z,
113-hr-5601,113,hr,5601,Foreclosure Restitution Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Grayson, Alan [D-FL-9]",FL,D,G000556,0,"Foreclosure Restitution Act of 2014 - Appropriates specified funds from any amounts received by the Treasury as a civil monetary penalty from the recent settlement agreement between the United States, together with specified individual states, and the Bank of America, together with current and former subsidiaries and affiliates, to remain available until expended. Limits the use of the funds to providing assistance, under the Neighborhood Stabilization Program (NSP), to states and local governments for redevelopment of abandoned and foreclosed homes.  Permits the use of the funds to assist in providing affordable housing or to mitigate indirect costs relating to foreclosures on residential mortgages.",2023-01-11T13:25:33Z,
113-hr-5632,113,hr,5632,Fair Local Adjustment for Tenant Rents Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Neugebauer, Randy [R-TX-19]",TX,R,N000182,1,"Fair Local Adjustment for Tenant Rents Act of 2014 - Amends the United States Housing Act of 1937 to revise and eliminate specified requirements with respect to public housing agencies (PHAs) establishing flat rental amounts for PHA dwelling units.  Authorizes a PHA to request the Secretary of Housing and Urban Development (HUD) to establish a flat rent for a dwelling unit in an amount less than the required 80% of the applicable fair market rental, if the PHA demonstrates that such minimum amount is not an accurate measure of the unit's rental value. Changes $50 from a maximum to a minimum monthly rental amount (including utilities) for individuals: (1) residing in public housing, (2) receiving tenant-based rental (voucher) assistance, or (3) receiving tenant-based assistance under the certificates or moderate rehabilitation programs.",2023-01-11T13:25:32Z,
113-hr-5640,113,hr,5640,Housing for Persons With AIDS Modernization Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Price, David E. [D-NC-4]",NC,D,P000523,4,"Housing for Persons With AIDS Modernization Act of 2014 - Amends the AIDS Housing Opportunity Act to revise the formula and terms for allocations of grants to states, local governments, and nonprofit organizations for housing programs for persons with acquired immune deficiency syndrome (AIDS) (as under current law), as well as those with human immunodeficiency virus (HIV).",2023-01-11T13:25:32Z,
113-hr-5653,113,hr,5653,CDBG Grant Return Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Salmon, Matt [R-AZ-5]",AZ,R,S000018,0,"CDBG Grant Return Act of 2014 - Amends the Housing and Community Development Act of 1974 to authorize any metropolitan city, urban county, local government, Indian tribe, or insular area that directly or indirectly receives amounts from a community development block grant (CDBG), at its sole discretion, to return to the Treasury any or all of such amounts. Allows each entity, at its discretion, to retain and use for any purpose up to 10% of such returned funds. Requires the returned funds to be covered into the Treasury General Fund. Prohibits them from being reallocated, redistributed, or otherwise made available under the Act.",2023-01-11T13:25:31Z,
113-hr-5658,113,hr,5658,Recreational Vehicle Certainty Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Stutzman, Marlin A. [R-IN-3]",IN,R,S001188,6,"Recreational Vehicle Certainty Act of 2014 - Amends the Manufactured Housing Construction and Safety Standards Act of 1974 to exclude from the definition of "manufactured home" covered by the Act any recreational vehicle designed as temporary living quarters for recreational, camping, travel, or seasonal use and built in compliance with consensus standards for such products, including:   a self-propelled motorhome or recreational vehicle trailer towed by another vehicle without a special highway use permit and regulated by the National Highway Traffic Safety Administration (NHTSA) as a vehicle; and  a park model recreational vehicle with a gross area of up to 400 square feet and meeting other specified criteria.  (Currently, the definition excludes any self-propelled recreational vehicle.)",2023-01-11T13:25:31Z,
113-hr-5667,113,hr,5667,Seller Finance Regulation Reduction Act,Housing and Community Development,2014-09-18,2014-09-18,Referred to the House Committee on Financial Services.,House,"Rep. Williams, Roger [R-TX-25]",TX,R,W000816,0,"Seller Finance Regulation Reduction Act - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to exempt from certain licensing and registration requirements any person (other than a depository institution) who: (1) has less than $25 million in assets; and (2) only originates residential mortgage loans with respect to property owed by the person, and in an amount of $150,000 or less. Amends the Truth in Lending Act, with respect to minimum standards for residential mortgage loans, to prohibit, in determining whether a residential mortgage loan is a qualified mortgage, from applying to loans originated by such a person certain guidelines and regulations relating to ratios of total monthly debt to monthly income.",2023-01-11T13:25:31Z,
113-s-2854,113,s,2854,Preserving American Homeownership Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Menendez, Robert [D-NJ]",NJ,D,M000639,3,"Preserving American Homeownership Act of 2014 - Requires the Director of the Federal Housing Finance Agency and the Federal Housing Commissioner each to establish a pilot program to encourage the use of shared equity mortgage modifications designed to return greater net present value to investors than other loss-mitigation activities, including foreclosure. Requires a shared equity mortgage modification to:  reduce by specified action the loan-to-value ratio of a covered mortgage to 100% or less within 3 years; reduce the interest rate if such a reduction of principal would not result in an affordable reduced monthly payment; reduce to a specified amount any periodic payment the homeowner is required to make; require the homeowner to pay the investor, upon refinancing or selling the real property securing a covered mortgage, up to 50% of the amount of the equity value of the real property, subject to certain conditions;  be designed to deliver maximal net present value to the investor; and be based on specified factors.",2023-01-11T13:25:26Z,
113-s-2889,113,s,2889,Universal Home Design Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5793-5794)",Senate,"Sen. Harkin, Tom [D-IA]",IA,D,H000206,0,"Universal Home Design Act of 2014 - Requires the Architectural and Transportation Barriers Compliance Board (Access Board) to develop guidelines setting forth the minimum technical criteria and scoping requirements for certain federally assisted single family houses, townhouses, and other specified kinds of dwelling to comply with universal home design. Requires universal home design to include architectural and other landscaping features that allow basic access to and within a residential dwelling by an individual with a disability who cannot climb stairs, including an individual who uses a mobility device such as a wheelchair. Requires each applicant for such federal financial assistance to submit compliance assurances to the relevant federal agency. Permits: (1) private civil actions in a U.S. district court for violations of this Act, and (2) the Attorney General to commence civil actions or intervene in civil actions under it. Directs the Secretary of Housing and Urban Development (HUD) to establish an Office of Accessible Housing and Development to: (1) disseminate information to the public about the importance of universal home design, including through a website; (2) survey and report to the Secretary on the availability of affordable and accessible housing; and (3) promote universal home design.",2023-01-11T13:25:25Z,
113-s-2893,113,s,2893,Workforce Residential Housing Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Moran, Jerry [R-KS]",KS,R,M000934,1,"Workforce Residential Housing Act of 2014 - Amends the National Housing Act to except from the prohibition against the use of houses built with federally insured mortgages for transient or hotel housing certain mulifamily housing that is a short-term residential property, provided that the Secretary of Housing and Urban Development (HUD) has determined that the provision of such insurance is appropriate. Defines "short-term residential property" as multifamily housing that:  has more than 50 dwelling units, each of which contains a kitchen and bathroom facilities; provides mailboxes for each unit; rents the units for a minimum stay of seven days; and does not provide food or beverage services, daily maid services, furnishing and laundering of linen without charge, or bellhop services.  Directs the Secretary to: (1) evaluate the risk of providing mortgage insurance for short-term residential properties, and (2) report to Congress on whether any additional risk to the General Insurance Fund resulting from the provision of mortgage insurance for such properties is appropriate.",2023-01-11T13:25:25Z,
113-s-2900,113,s,2900,Livable Communities Act of 2014,Housing and Community Development,2014-09-18,2014-09-18,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Menendez, Robert [D-NJ]",NJ,D,M000639,11,"Livable Communities Act of 2014 - Establishes in the Department of Housing and Urban Development (HUD) an Office of Sustainable Housing and Communities (OSHC) to review and coordinate federal policies that:  encourage locally directed comprehensive and integrated planning and development at the state, regional, and local levels, and coordinated public investments through development of comprehensive regional plans; and  provide long-term affordable, accessible, energy-efficient, healthy and location-efficient housing choices for all people, particularly low-income families.   Requires the OSHC Director to establish a program to make comprehensive planning grants and community challenge grants to units of general local government or Indian tribes to carry out projects meeting specified criteria. Authorizes the Secretary of HUD to make or guarantee (up to 75% of) loans to eligible governmental, corporate, or partnership borrowers for infrastructure development projects used to support transit-oriented development. Requires the Director of the Office of Lead Hazard Control and Healthy Homes to lead the federal initiative to support healthy housing and eradicate housing-related health hazards. Requires the Secretary to study how sustainable building features in housing, such as energy efficiency, affect: (1) the quality of the indoor environment, (2) the prevalence of housing-related health hazards, and (3) the health of the occupants.",2023-01-11T13:25:24Z,
113-hr-5506,113,hr,5506,Home Improvement Loan Modernization Act of 2014,Housing and Community Development,2014-09-17,2014-09-17,Referred to the House Committee on Financial Services.,House,"Rep. Huffman, Jared [D-CA-2]",CA,D,H001068,1,"Home Improvement Loan Modernization Act of 2014 - Amends the National Housing Act to specify the premium charge paid by a financial institution to insure any loan, advance of credit, or purchase of obligations representing loans and advances of credit it makes to finance certain home improvements for both existing single-family and multifamily structures. Sets the initial premium at 2.75% of the original insured principal obligation, with annual premium payments not to exceed 1.5% of the remaining balance. Limits any premium charges to the minimum amounts necessary to maintain a negative credit subsidy for the insurance program. Increases the maximum obligation that may be insured for improvements to: (1) an existing single-family dwelling from $25,000 to $42,000; and (2) an existing multi-family structure from $60,000 to $101,888, with an average amount of $20,378 (currently $12,000) per family unit. Directs the Secretary of Housing and Urban Development (HUD) to develop a method of indexing to increase these dollar amount limitations annually, based on the Consumer Price Index for all urban consumers (CPI-U) computed by the Bureau of Labor Statistics (BLS). Allows an increase in these dollar amount limitations also by up to 150% if at least half of the amount will be used for energy conserving improvements or the installation of solar energy systems.",2023-01-11T13:25:36Z,
113-hr-5495,113,hr,5495,Preserving Multifamily Housing Act of 2014,Housing and Community Development,2014-09-16,2014-09-16,Referred to the House Committee on Financial Services.,House,"Rep. Maloney, Carolyn B. [D-NY-12]",NY,D,M000087,0,"Preserving Multifamily Housing Act of 2014 - Prohibits the Director of the Federal Housing Finance Agency (FHFA) from taking any action that has the effect of reducing or limiting the volume or scope of the business of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) in mortgages for multifamily housing unless the Director: (1) determines that there is substantial evidence that such action is necessary to ensure the financial safety and soundness of the GSE, (2) causes that determination to be published in the Federal Register, and (3) submits written notice of the determination to Congress.",2023-01-11T13:25:36Z,
113-hr-5496,113,hr,5496,Fast Help For Homeowners Act,Housing and Community Development,2014-09-16,2014-09-16,Referred to the House Committee on Financial Services.,House,"Rep. McNerney, Jerry [D-CA-9]",CA,D,M001166,6,"Fast Help For Homeowners Act - Amends the Truth in Lending Act to require the servicer of a federally related mortgage, upon request by the mortgagor for a short sale of the dwelling or residential real property under the mortgage, to notify in writing each holder of a subordinate lien on the property securing the loan of such request, together with a copy of it. Requires a subordinate lien holder that is so notified to respond in writing to the servicer within 45 days after receiving the notification. Considers the request approved by the holder if the holder does not respond within the 45 days.",2023-01-11T13:25:36Z,
113-hr-5396,113,hr,5396,Keeping Families Home Act of 2014,Housing and Community Development,2014-08-01,2014-08-01,Referred to the House Committee on Financial Services.,House,"Rep. Lujan Grisham, Michelle [D-NM-1]",NM,D,L000580,0,"Keeping Families Home Act of 2014 - Directs each mortgage servicer to establish a deed-for-lease program which shall permit an eligible mortgagor to:  enter into a deed in lieu of foreclosure agreement; continue to occupy and lease the property that is the subject of the agreement for one year; and have a right of first refusal to purchase such property after the end of the one-year lease period, if the owner intends to sell the property at that time.  Exempts small servicers from such requirement. Requires a lease to carry a monthly rent amount equal to the fair market rent for the property, as determined by an independent private appraiser hired by and paid by the servicer.",2023-01-11T13:25:41Z,
113-hr-5310,113,hr,5310,Protecting Independence in the Education of Loan Originators Act of 2014,Housing and Community Development,2014-07-31,2014-07-31,Referred to the House Committee on Financial Services.,House,"Rep. Miller, Gary G. [R-CA-31]",CA,R,M001139,2,Protecting Independence in the Education of Loan Originators Act of 2014 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to prohibit the courses offered by lenders for their own employees from satisfying the pre-licensing education or continuing education requirement.,2023-01-11T13:25:53Z,
113-hr-5317,113,hr,5317,P.J.'s Act,Housing and Community Development,2014-07-31,2014-07-31,Referred to the House Committee on Financial Services.,House,"Rep. Jeffries, Hakeem S. [D-NY-8]",NY,D,J000294,1,"P.J.'s Act - Amends the Housing and Community Development Act of 1974 to make the acquisition, installation, and maintenance of security cameras, safety lighting, and building locking mechanisms in public housing eligible for community development block grant (CDBG) assistance.",2023-01-11T13:25:53Z,
113-hr-5374,113,hr,5374,FAIR Assistance Act of 2014,Housing and Community Development,2014-07-31,2014-07-31,Referred to the House Committee on Financial Services.,House,"Rep. Schock, Aaron [R-IL-18]",IL,R,S001179,0,"Fairness and Accountability In Rental Assistance Act of 2014 or the FAIR Assistance Act of 2014 - Amends the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1996 with respect to the Department of Housing and Urban Development (HUD) Moving to Work demonstration program. Limits the payment standard used in connection with a voucher for tenant-based rental assistance under the program, for FY2015 and thereafter, to 120% of the fair market value rental established under the United States Housing Act of 1937 for the applicable market area and size of dwelling unit. Exempts from this limitation any family that:  is elderly or disabled; or  resides, at the time of a declared major disaster, and before the first adjustment to the fair market rental after the disaster declaration, in a principal residence located within the disaster area that meets other conditions and requirements as the HUD Secretary may provide.",2023-01-11T13:25:51Z,
113-hr-5244,113,hr,5244,Healthy Housing Council Act of 2014,Housing and Community Development,2014-07-29,2014-07-29,Referred to the House Committee on Financial Services.,House,"Rep. Esty, Elizabeth H. [D-CT-5]",CT,D,E000293,2,"Healthy Housing Council Act of 2014 - Establishes in the executive branch an independent Interagency Council on Healthy Housing. Requires the Council to: (1) review federal programs and services that provide housing, health, energy, or environmental services to families and individuals; (2) monitor, evaluate, and recommend improvements in programs and services administered, funded, or financed by federal, state, and local agencies; (3) recommend ways to reduce duplication among federal programs and services; and (4) ensure collaboration among and within agencies in the provision and availability of such programs and services. Directs the Comptroller General (GAO) to report to Congress an analysis of the same issues as, and updating the findings and conclusions of, the GAO report to the Ranking Minority Member of the House Committee on Government Reform of January 1999 entitled "Lead Poisoning: Federal Health Care Programs Are Not Effectively Reaching At-Risk Children" (GAO/HEHS-99-18).",2023-01-11T13:25:55Z,
113-hr-5222,113,hr,5222,Rental Assistance Housing Preservation and Rehabilitation Act of 2014,Housing and Community Development,2014-07-28,2014-07-28,Referred to the House Committee on Financial Services.,House,"Rep. Kelly, Robin L. [D-IL-2]",IL,D,K000385,0,"Rental Assistance Housing Preservation and Rehabilitation Act of 2014 - Modifies funding requirements for the Rental Assistance Demonstration, provided in the Department of Housing and Urban Development Appropriations Act, 2012, for voluntary conversion of properties assisted via public housing agencies from the Public Housing Capital and Operating Funds, or assisted under the moderate rehabilitation program to properties with assistance under a project-based subsidy contract or the voucher program. Increases from 60,000 to 150,000 the maximum number of units currently receiving specified assistance required to be so converted. Extends through FY2016 the eligibility for the conversion of assistance of owners of certain assisted properties for which an event after October 1, 2006 has caused or results in the termination of rental assistance or affordability restrictions and the issuance of tenant protection vouchers.",2023-01-11T13:25:56Z,
113-hr-5186,113,hr,5186,Homeless Children and Youth Act of 2014,Housing and Community Development,2014-07-24,2014-11-17,"Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.",House,"Rep. Stivers, Steve [R-OH-15]",OH,R,S001187,22,"Homeless Children and Youth Act of 2014 - Amends the McKinney-Vento Homeless Assistance Act to redefine ""homeless,"" ""homeless individual,"" or ""homeless person.""  Modifies requirements relating to an individual or family who will imminently lose their housing, including housing they own, rent, or live in without paying rent.  Revises criteria for unaccompanied youth and homeless families with children and youth defined as homeless under other federal statutes to require that they:   are certified as homeless by the director or designee of a program funded under any other federal statute; or have been certified by a director of a program funded under this Act or a director of a public housing agency (PHA) as lacking a fixed, regular, and adequate nighttime residence, which shall include: (1) temporarily sharing the housing of another person due to loss of housing, economic hardship, or other similar reason; or (2) living in a room in a motel or hotel.    Requires the Secretary of Housing and Urban Development (HUD) to: (1) aggregate and publicly report information provided from a community-wide homeless management information system (HMIS), and (2) ensure that any such report does not contain personally identifiable information. Prohibits the Secretary, in awarding grants for continuum of care programs, from considering or prioritizing the specific homeless populations intended to be served by the applicant if the applicant demonstrates that the project: (1) would meet the priorities identified in the applicant's plan, and (2) is cost-effective in meeting the overall goals and objectives identified in that plan. Repeals certain requirements regarding collaborative applicants. Modifies requirements for selection criteria for the award of grants through a national competition between geographic areas. Requires annual reports to Congress on housing assistance for the homeless to include data: (1) required to be made publicly available in the HMIS report, and (2) on programs funded under other specified federal statutes.",2023-01-11T13:25:57Z,
113-s-2653,113,s,2653,Homeless Children and Youth Act of 2014,Housing and Community Development,2014-07-24,2014-07-24,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S4905-4906)",Senate,"Sen. Feinstein, Dianne [D-CA]",CA,D,F000062,3,"Homeless Children and Youth Act of 2014 - Amends the McKinney-Vento Homeless Assistance Act to redefine ""homeless,"" ""homeless individual,"" or ""homeless person.""  Modifies requirements relating to an individual or family who will imminently lose their housing, including housing they own, rent, or live in without paying rent.  Revises criteria for unaccompanied youth and homeless families with children and youth defined as homeless under other federal statutes to require that they:   are certified as homeless by the director or designee of a program funded under any other federal statute; or have been certified by a director of a program funded under this Act or a director of a public housing agency (PHA) as lacking a fixed, regular, and adequate nighttime residence, which shall include: (1) temporarily sharing the housing of another person due to loss of housing, economic hardship, or other similar reason; or (2) living in a room in a motel or hotel.    Requires the information provided to the Secretary of Housing and Urban Development (HUD) from a collaborative applicant about project sponsors in a community-wide homeless management information system (HMIS) to be made publicly available on HUD's website in aggregate, non-personally identifying reports, and updated at least annually. Prohibits the Secretary, in awarding grants for continuum of care programs, from considering or prioritizing the specific homeless populations intended to be served by the applicant if the applicant demonstrates that the project: (1) would meet the priorities identified in the applicant's plan, and (2) is cost-effective in meeting the overall goals and objectives identified in that plan. Repeals certain requirements regarding collaborative applicants. Modifies requirements for selection criteria for the award of grants through a national competition between geographic areas. Requires annual reports to Congress on housing assistance for the homeless to include data: (1) required to be made publicly available in the HMIS report, and (2) on programs funded under other specified federal statutes.",2023-01-11T13:25:46Z,
113-hr-5148,113,hr,5148,Access to Affordable Mortgages Act of 2014,Housing and Community Development,2014-07-17,2014-07-30,Ordered to be Reported by the Yeas and Nays: 31 - 23.,House,"Rep. Luetkemeyer, Blaine [R-MO-3]",MO,R,L000569,0,"Access to Affordable Mortgages Act of 2014 - Amends the Truth in Lending Act to exempt from property appraisal requirements certain higher-risk mortgage loans of $250,000 or less if such a loan appears on the balance sheet of the creditor of the loan for at least three years. Exempts certain individuals required to make such reports from penalties for failure to report any appraisers reasonably suspected of failing to comply with the Uniform Standards of Professional Appraisal Practice, of violating applicable laws, or of otherwise engaging in unethical or unprofessional conduct. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to exempt such higher-risk mortgage loans from property appraisal or evaluation standard requirements.",2023-01-11T13:25:58Z,
113-hr-5104,113,hr,5104,Pay For Success Affordable Housing Energy Modernization Act of 2014,Housing and Community Development,2014-07-14,2014-07-14,Referred to the House Committee on Financial Services.,House,"Rep. Ross, Dennis A. [R-FL-15]",FL,R,R000593,6,"Pay For Success Affordable Housing Energy Modernization Act of 2014 - Directs the Secretary of Housing and Urban Development (HUD) to establish a demonstration program under which, between enactment of this Act and September 30, 2017, the Secretary may enter into budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs with appropriate entities to carry out projects for energy or water conservation improvements at up to 20,000 residential units in multifamily buildings participating in:  Section 8 project-based rental assistance programs under the United States Housing Act of 1937, other than Section 8 (voucher program) assistance; supportive housing for the elderly programs under the Housing Act of 1959; or supportive housing for persons with disabilities programs under the Cranston-Gonzalez National Affordable Housing Act.  Specifies requirements for payment under an agreement, which shall be contingent on documented utility savings, as well as for eligibility, geographical diversity, and funding for the program. Requires the Secretary to submit to specified congressional committees a detailed plan for the implementation of this Act.",2023-01-11T13:25:59Z,
113-hres-668,113,hres,668,Supporting the goals and ideals of the Community Development Block Grant program.,Housing and Community Development,2014-07-14,2014-07-14,Referred to the House Committee on Financial Services.,House,"Rep. Fattah, Chaka [D-PA-2]",PA,D,F000043,85,"Supports the goals and ideals of the Community Development Block Grant (CDBG) program, now in its 40th year of continuous service. Recognizes the benefits the CDBG program has provided to urban, suburban, and rural communities. Acknowledges the importance of this federal grant program to states and local communities throughout the United States.",2023-01-11T13:25:50Z,
113-hres-666,113,hres,666,Supporting the goals and ideals of the Community Development Block Grant program.,Housing and Community Development,2014-07-11,2014-07-11,Referred to the House Committee on Financial Services.,House,"Rep. Fattah, Chaka [D-PA-2]",PA,D,F000043,5,"Supports the goals and ideals of the Community Development Block Grant (CDBG) program, now in its 40th year of continuous service. Recognizes the benefits the CDBG program has provided to urban, suburban, and rural communities. Acknowledges the importance of this federal grant program to states and local communities throughout the United States.",2023-01-11T13:25:50Z,
113-hr-5055,113,hr,5055,Partnership to Strengthen Homeownership Act of 2014,Housing and Community Development,2014-07-10,2014-07-10,Referred to the House Committee on Financial Services.,House,"Rep. Delaney, John K. [D-MD-6]",MD,D,D000620,13,"Partnership to Strengthen Homeownership Act of 2014 - Amends the National Housing Act to remove the Government National Mortgage Association (Ginnie Mae) from the Department of Housing and Urban Development (HUD) and establish it as an independent entity, with a Director in place of the Secretary of Housing and Urban Development.   Transfers to Ginnie Mae the powers, duties, personnel, and property of Federal Housing Finance Agency (FHFA), which is hereby abolished. Establishes within Ginnie Mae the Issuing Platform, available for use only by eligible originators and aggregators of mortgages, to issue standardized mortgage-backed securities.   Requires Ginnie Mae to establish: (1) a method of assessing a national average single-family house price for use in calculating the loan limits for single-family mortgage loans, and (2) an insurance fund and insure 100% of each security issued by the Platform.   Prescribes requirements for: (1) a participating mortgage originator or aggregator to deliver to the Platform a pool of eligible mortgage loans; and (2) the Platform, upon receiving a pool of eligible mortgages, to create standardized mortgage-backed securities collateralized by such mortgages and transfer them to the mortgage originator or aggregator.  Exempts standardized mortgage-backed securities issued by the Platform from federal securities laws. Outlines requirements for: (1) servicing rights, representations, and warranties; (2) insurance for securities issued by the Platform, (3) capital and related solvency standards, and (4) Fund reserve balance. Prescribes requirements for Ginnie Mae's actions if unusual and exigent circumstances have created or threaten to create an anomalous lack of mortgage credit availability within the housing market that could materially and severely disrupt the functioning of the housing finance system of the United States. Prohibits Ginnie Mae, in exercising such authority, from: (1) bailing out approved entities or affiliates, or (2) assisting companies to avoid bankruptcy.     Amends the Federal Home Loan Bank Act to make any lender of home mortgage loans eligible to become a member of a Federal Home Loan Bank. Requires each such Bank to provide pooling services to both members and non-members who wish to pool eligible mortgages for purposes of securitizing them through the Issuing Platform. Directs the Director of Ginnie Mae to: (1) prohibit the government-sponsored enterprises (GSEs) (Federal National Mortgage Association [Fannie Mae] and the Federal Home Loan Mortgage Corporation [Freddie Mac]) after a specified certification date from issuing, guaranteeing, or purchasing any security backed by mortgages on 1- to 4-family residences except as specifically authorized by this Act; (2) permit a GSE to act until a certain time as a participating aggregator of eligible mortgages for securitization if the business volume of their originators is insufficient to allow them to aggregate and securitize such mortgages; and (3) allow a GSE to act as a reinsurer for a mortgage-backed security until the GSE goes into receivership under this Act. Requires each GSE to establish a risk-sharing pilot program to develop private sector first-loss positions on mortgage-backed securities.  Continues the current conservatorships of the GSEs until the commencement of mandatory receivership under this Act.  Requires the Director to appoint Ginnie Mae as receiver of the GSEs by a certain date. Prescribes requirements for winding down the GSEs. Directs the Director to direct Fannie Mae and Freddie Mac to develop a plan to establish a multifamily subsidiary for purposes of providing sufficient multifamily housing financing and establishing a competitive multifamily housing market for multifamily housing guarantors engaging in multifamily covered securities. Makes necessary transfers of Fannie Mae and Freddie Mac functions to the multifamily subsidiary. Directs the Director to develop, adopt, publish, and enforce standards for the approval of multifamily guarantors to: (1) issue securities collateralized by eligible multifamily mortgage loans, and (2) guarantee the timely payment of principal and interest on such securities collateralized by eligible multifamily mortgage loans and insured by Ginnie Mae. Amends the Housing and Community Development Act of 1992 to allow Ginnie Mae to securitize multifamily loans insured or reinsured under such Act under certain circumstances.  Requires the Platform in each fiscal year to: (1) charge and collect a certain fee for the outstanding principal balance of all eligible mortgage loans that collateralize securities insured under this Act and all other mortgage loans collateralizing securities on which Ginnie Mae guarantees the timely payment of principal and interest; and (2) allocate or otherwise transfer on an annual basis specified percentages of such fee amounts to fund the Housing Trust Fund, the Capital Magnet Fund, and the Market Access Fund (which Ginnie Mae is directed to establish). Amends the Safety and Soundness Act with respect to the Housing Trust Fund and housing for Indians.   Amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make long-term secured advances to their members to provide funds to community development financial institutions. Requires a Federal Home Loan Bank, at the time of origination or renewal of a loan or advance, to obtain and maintain a security interest in collateral eligible pursuant to any secured loan for a community development financial institution.",2023-01-11T13:26:00Z,
113-hr-5004,113,hr,5004,Multifamily Housing Energy Efficiency Improvement Act of 2014,Housing and Community Development,2014-06-26,2014-06-26,Referred to the House Committee on Financial Services.,House,"Rep. Himes, James A. [D-CT-4]",CT,D,H001047,6,"Multifamily Housing Energy Efficiency Improvement Act of 2014 - Requires the Department of Housing and Urban Development (HUD) to analyze and report on the relationship between energy savings improvements to homes and buildings, utility and energy expenses, and mortgage performance. Directs HUD to make the results of the analysis publicly available. Requires HUD and the Federal Housing Finance Agency to evaluate departmental procedures and policies to assess if they accurately reflect the energy expenses and benefits of energy savings improvements for homeowners and building owners. Amends the National Housing Act to revise provisions concerning mortgage insurance by establishing a green refinancing program for multifamily housing projects to increase the amount of mortgage loans that may be insured to finance the cost of residential energy conservation measures. Requires HUD to carry out a Multifamily Housing Energy Innovation Plan to make grants to establish or expand an energy savings plan that will result in at least a 20% reduction in the energy, water, or gas consumption of multifamily housing. Authorizes HUD to waive during the next five years any requirement regarding the eligibility of multifamily properties for an existing risk-sharing agreement entered into under multifamily mortgage credit programs, if the waiver facilitates the adoption of energy or water conservation measures in the properties.",2023-01-11T13:26:12Z,
113-hr-4963,113,hr,4963,National Homeowners Bill of Rights Act of 2014,Housing and Community Development,2014-06-25,2014-06-25,Referred to the House Committee on Financial Services.,House,"Rep. Lujan Grisham, Michelle [D-NM-1]",NM,D,L000580,5,"National Homeowners Bill of Rights Act of 2014 - Amends the Real Estate Settlement Procedures Act of 1974 to require servicers of federally related mortgage loans to: (1) establish for each borrower's account a single electronic record accessible throughout the servicer, including its agents, and all its affordable loan modification staff, foreclosure staff, and bankruptcy staff; and (2) maintain a free, publicly accessible website where borrowers may check their estimated net present value.  Requires servicers to provide free oral interpretation services, as well as translated documents, upon borrower request, which may be provided by contracting with housing counseling agencies approved by the Department of Housing and Urban Development (HUD). Prescribes requirements for the affordable loan modification process, including: (1) evaluation of borrowers facing imminent default, (2) assistance in applying for affordable loan modification, (3) treatment of successors in interest, (4) loan transfers, and (5) restrictions upon foreclosure proceedings. Bars sale of the property securing the mortgage if the servicer of the mortgage does not file a certification with the appropriate land records office where the property securing the mortgage is located, stating that the servicer has determined the eligibility of the mortgagor for an affordable loan modification.  Prescribes criteria governing: (1) mortgagor's eligibility to participate in an affordable loan modification, (2) earned principal forgiveness, (3) principal reduction, and (4) treatment of junior liens. Subjects a servicer who violates this Act to a civil penalty, and to liability to the borrower. Limits to $1 million the maximum penalty for all violations committed by any particular servicer during any one-year period.  Directs the Director of the Consumer Financial Protection Bureau (CFPB) to appoint a Mortgage Servicer Ombudsman. Subjects to a maximum fine of $7,500 per loan a servicer who records or files with a land records office or a court more than one document with material deficiencies (robo-signing) with respect to a mortgage loan. Extends indefinitely the Protecting Tenants at Foreclosure Act of 2009 by repealing its termination date.",2023-01-11T13:26:13Z,
113-hr-4868,113,hr,4868,Moving to Work Expansion Act of 2014,Housing and Community Development,2014-06-12,2014-06-12,Referred to the House Committee on Financial Services.,House,"Rep. Stivers, Steve [R-OH-15]",OH,R,S001187,1,"Moving to Work Expansion Act of 2014 - Increases the number of public housing agencies (PHAs) authorized to participate in the Moving-to-Work demonstration program by 10 over the number of PHAs currently authorized. Authorizes the selection of a PHA for participation in the demonstration program only if it administers, in the aggregate, 10,000 or more public housing dwelling units and housing choice vouchers under Section 8 (rental assistance voucher program) of the United States Housing Act of 1937. Prohibits selected PHAs from being provided any funding from low-income housing assistance, the Capital Fund, or the Operating Fund under the Act in addition to the funding they would otherwise receive without such participation.",2023-01-11T13:26:15Z,
113-hr-4791,113,hr,4791,Responsible GSE Affordable Housing Investment Act of 2014,Housing and Community Development,2014-05-30,2014-05-30,Referred to the House Committee on Financial Services.,House,"Rep. Maloney, Carolyn B. [D-NY-12]",NY,D,M000087,0,Responsible GSE Affordable Housing Investment Act of 2014 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to revise requirements for determination of compliance with the multifamily special affordable housing goal. Requires the Director of the Federal Housing Finance Agency to establish standards for the multifamily special affordable housing goal that proportionately reduce the number of units receiving credit for any mortgage purchase by the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Federal Home Loan Mortgage Association (Fannie Mae) (government-sponsored enterprises or GSEs) that facilitates the conversion of dwelling units available at rental rates affordable to low-income families to dwelling units such families could not afford. Requires such standards to provide no credit toward achievement of the goal for any mortgage purchase for multifamily housing that involves an aggregate amount of project debt that is not reasonable. Requires the Director to require the GSE to apply this same standard to any mortgages backing any GSE-purchased security to determine whether the units financed by such mortgages are eligible for credit toward achievement of the housing goal.,2023-01-11T13:26:25Z,
113-hr-4615,113,hr,4615,Sensible Accounting to Value Energy Act of 2014,Housing and Community Development,2014-05-08,2014-05-08,Referred to the House Committee on Financial Services.,House,"Rep. King, Peter T. [R-NY-2]",NY,R,K000210,7,"Sensible Accounting to Value Energy Act of 2014 - Directs the Secretary of Housing and Urban Development (HUD) to develop and issue guidelines for all federal mortgage agencies (including the Federal National Mortgage Association [Fannie Mae], the Federal Home Loan Mortgage Corporation [Freddie Mac], and any affiliates) to implement enhanced loan eligibility requirements, for use when testing the ability of a loan applicant to repay a covered loan, that account for the expected energy cost savings for a loan applicant at a subject property.  Directs the Secretary to issue guidelines for how covered agencies shall determine: (1) the maximum permitted loan amount based on the value of the property for all covered loans made on properties with an energy efficiency report, and (2) the estimated energy savings for properties with such a report. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to require standards for the performance of real estate appraisals in connection with federally related transactions to require at a minimum that state certified and licensed appraisers have timely access, where practicable, to information from the property owner and the lender that may be relevant in developing an opinion of value regarding the energy- and water-saving improvements or features of a property. Applies the requirement of state certified appraisers to transactions involving any real property on which the appraiser makes adjustments using an energy efficiency report. Directs the Secretary to establish an advisory group on the implementation of the enhanced energy efficiency underwriting criteria established in this Act.",2023-01-11T13:26:30Z,
113-hr-4521,113,hr,4521,Community Institution Mortgage Relief Act of 2014,Housing and Community Development,2014-04-30,2014-05-22,Ordered to be Reported by the Yeas and Nays: 43 - 16.,House,"Rep. Luetkemeyer, Blaine [R-MO-3]",MO,R,L000569,37,"Community Institution Mortgage Relief Act of 2014 - Amends the Truth in Lending Act (TILA) to require the Board of Governors of the Federal Reserve System to exempt from certain escrow or impound requirements a loan secured by a first lien on a consumer's principal dwelling if the loan is held by a creditor with assets of $10 billion or less. Amends the Real Estate Settlement Procedures Act of 1974 to direct the Consumer Financial Protection Bureau (CFPB) to provide either exemptions or adjustments from the mortgage loan servicing and escrow account administration requirements of the Act for servicers that annually service 20,000 or fewer mortgage loans.",2023-01-11T13:26:37Z,
113-hr-4462,113,hr,4462,Housing Financial Literacy Act of 2014,Housing and Community Development,2014-04-10,2014-04-10,Referred to the House Committee on Financial Services.,House,"Rep. Beatty, Joyce [D-OH-3]",OH,D,B001281,30,Housing Financial Literacy Act of 2014 - Amends the National Housing Act to revise the single insurance premium payment for a mortgage (secured by a one- to four-family dwelling that is an obligation of the Mutual Mortgage Insurance Fund) of a first-time homebuyer who completes a program of counseling on the responsibilities and financial management involved in homeownership that is approved by the Secretary of Housing and Urban Development (HUD). Repeals the current maximum premium payment of 2.75% of the amount of the mortgage's original insured principal obligation. Sets the single mortgage insurance premium payment at 25 basis points lower than the premium payment amount otherwise established.,2023-01-11T13:26:39Z,
113-hr-4478,113,hr,4478,Section 8 Relief Act of 2014,Housing and Community Development,2014-04-10,2014-04-10,Referred to the House Committee on Financial Services.,House,"Rep. Rangel, Charles B. [D-NY-13]",NY,D,R000053,0,Section 8 Relief Act of 2014 - Requires any new housing assistance payments contract providing rental assistance to low-income families under the United States Housing Act of 1937 that is attached to a structure to have a 40-year term.,2023-01-11T13:26:38Z,
113-hr-4334,113,hr,4334,Foreclosure Fairness Act of 2014,Housing and Community Development,2014-03-27,2014-04-16,"Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.",House,"Rep. Lujan Grisham, Michelle [D-NM-1]",NM,D,L000580,1,"Foreclosure Fairness Act of 2014 - Prohibits a court, in the case of any federally related mortgage loan made after enactment of this Act, from entering a deficiency judgment requiring the mortgagor to pay any balance on the mortgage loan after a foreclosure sale of the mortgaged property.",2023-01-11T13:26:48Z,
113-hr-4285,113,hr,4285,PACE Assessment Protection Act of 2014,Housing and Community Development,2014-03-24,2014-03-24,Referred to the House Committee on Financial Services.,House,"Rep. Thompson, Mike [D-CA-5]",CA,D,T000460,28,"PACE Assessment Protection Act of 2014 - Requires the Director of the Federal Housing Agency (FHA) to direct the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to issue guidance providing that the levy of a PACE (property assessed clean energy) assessment and the creation of a PACE lien do not constitute a default on any loan secured by one of its uniform instruments, and do not trigger the exercise of remedies with respect to any provision of the instrument, if the PACE assessment and the PACE lien meet specified requirements.  Lists as PACE improvements any qualified clean energy improvements, energy conservation and efficiency improvements, and water conservation and efficiency improvements. Prohibits the FHA Director, the Comptroller of the Currency, Fannie Mae, Freddie Mac, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System, and all federal agencies and entities chartered or otherwise established under federal law from discriminating in any manner against state or local governments implementing or participating in a PACE program, or against any property that is obligated to pay a PACE assessment or is subject to a PACE lien.  Specifies requirements a PACE program, and any related PACE assessment and PACE lien, must meet to be entitled to the protections of this Act. Details obligations of property owners with respect to PACE assessments, and requires the local government to disclose to the participating property owner the costs and risk associated with participating in the PACE program. Prescribes requirements for: (1) non-residential properties; and (2) qualifying PACE improvements, qualifying contractors, and financing terms for residential properties. Limits the total amount of PACE assessments for a property to 10% of its estimated value. Requires the property owner to have equity in the property of at least 15%.",2023-01-11T13:26:49Z,
113-hr-4255,113,hr,4255,Stop Foreclosures Due to Congressional Dysfunction Act of 2014,Housing and Community Development,2014-03-14,2014-03-14,Referred to the House Committee on Financial Services.,House,"Rep. Cartwright, Matt [D-PA-17]",PA,D,C001090,66,"Stop Foreclosures Due to Congressional Dysfunction Act of 2014 - Requires the Director of the Federal Housing Finance Agency (FHFA) to prohibit mortgagees of certain eligible mortgages from initiating a foreclosure during a specified six-month moratorium with respect to any of those mortgages owned, held, securitized, or guaranteed by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). Tolls the term of such mortgages during the moratorium, and requires deferral of any principal and interest payments due. Qualifies for this mortatorium only Fannie Mae or Freddie Mac mortgages on a 1- to 4-family residence that is the principal residence of a mortgagor who: (1) was current on principal, interest, tax, and insurance payments at the start of the moratorium; (2) has received unemployment compensation during a certain period but exhausted all rights to it; and (3) as of the beginning of the moratorium has a ratio of debt to income on the mortgage greater than 40%.",2023-01-11T13:26:49Z,
113-hr-4226,113,hr,4226,Credit Union Residential Loan Parity Act,Housing and Community Development,2014-03-13,2014-03-13,Referred to the House Committee on Financial Services.,House,"Rep. Royce, Edward R. [R-CA-39]",CA,R,R000487,4,"Credit Union Residential Loan Parity Act - Amends the Federal Credit Union Act to revise the definition of "member business loan," which currently excludes an extension of credit fully secured by a lien on a 1- to 4-family dwelling that is the primary residence of a member. Removes the condition that the dwelling be a member's primary residence. (Thus denies eligibility for a member business loan to any requested extension of credit that would be fully secured by a lien on a 1- to 4-family dwelling, regardless of whether it is or is not the member's primary residence.) Declares that this Act does not preclude the National Credit Union Administration (NCUA) from treating an extension of credit fully secured by a lien on a 1- to 4-family dwelling that is not a member's primary residence as a member business loan for purposes other than certain member business loan limitation requirements under the Act.",2023-01-11T13:26:50Z,
113-hr-4208,113,hr,4208,Stabilizing FHA Loan Limit Calculations Act of 2014,Housing and Community Development,2014-03-12,2014-03-12,Referred to the House Committee on Financial Services.,House,"Rep. Miller, Gary G. [R-CA-31]",CA,R,M001139,24,"Stabilizing FHA Loan Limit Calculations Act of 2014 - Amends the National Housing Act, with respect to the mortgage insurance eligibility of a 1-family or a 2-, 3-, or 4-family residence, to revise the formula for determining the median house price in the larger formula for determining the principal obligation of a mortgage. Declares that, for 2014 and each succeeding year, the median house price for any size residence for an area shall be considered to be the greatest median house price for such size residence for that area used by the Secretary of Housing and Urban Development (HUD) to determine the dollar amount limitation on the principal obligation for 2013, or for any succeeding year before the assignment of the Federal Housing Administration (FHA) case number for the mortgage involved. Allows the Secretary, however, to increase the maximum dollar limitation on the principal obligation of an eligible mortgage otherwise in effect for a particular size or sizes of residence in any geographic area smaller than an area for which dollar amount limitations are ordinarily determined, if a higher maximum dollar amount limitation is warranted by higher median home prices in that smaller area.",2023-01-11T13:26:51Z,
113-hr-4205,113,hr,4205,National Design Services Act of 2014,Housing and Community Development,2014-03-11,2014-03-11,Referred to the House Committee on Financial Services.,House,"Rep. Perlmutter, Ed [D-CO-7]",CO,D,P000593,10,"National Design Services Act of 2014 - Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Urban Development (HUD) to establish a loan repayment program for eligible architects who provide certain design services on behalf of a Community Design Center (a non-profit organization operated and managed by a licensed architect that conducts research and provides design services for community development projects). Requires an eligible architect, in order to participate in the loan repayment program, to enter into a written contract with the Secretary that contains:   an agreement under which: (1) the architect agrees to provide eligible design services on behalf of a Community Design Center for at least one year, and (2) the Secretary agrees to pay the principal and interest of the architect's qualifying educational loans for the period of time the architect provides such services; a provision that any U.S. financial obligation arising out of the contract, and any obligation of the architect, is contingent upon appropriations for the loan repayment program; and a statement of the damages to which the United States is entitled if the eligible architect breaches the contract.",2023-01-11T13:26:51Z,
113-s-2101,113,s,2101,A bill to amend the Interstate Land Sales Full Disclosure Act to clarify how the Act applies to condominiums.,Housing and Community Development,2014-03-10,2014-03-10,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Schumer, Charles E. [D-NY]",NY,D,S000148,2,Amends the Interstate Land Sales Full Disclosure Act to exempt from certain registration and disclosure requirements the sale or lease of a condominium unit not already exempt from coverage under such Act.,2023-01-11T13:26:46Z,
113-hr-4173,113,hr,4173,Brownfield Redevelopment and Economic Development Innovative Financing Act of 2014,Housing and Community Development,2014-03-06,2014-03-06,Referred to the House Committee on Financial Services.,House,"Rep. Hahn, Janice [D-CA-44]",CA,D,H001063,2,"Brownfield Redevelopment and Economic Development Innovative Financing Act of 2014 - Directs the Secretary of Housing and Urban Development (HUD) to establish the Brownfield Redevelopment and Economic Development Innovative Financing Program, under which the Secretary may guarantee the repayment of loans made by lenders to local governments, local redevelopment agencies, or Base Realignment and Closure Commission (BRAC) redevelopment projects to carry out projects for redeveloping brownfields and promoting urban renewal. Requires such an entity, in order to receive such a loan guarantee, to submit: (1) a master plan that describes the proposed brownfield redevelopment project, demonstrates that such project will result in major redevelopment, provides evidence of investment commitments from non-federal entities, and includes a remediation action plan approved by the Environmental Protection Agency (EPA); and (2) a certification from EPA that the brownfield to be redeveloped requires environmental remediation. Prohibits an entity from: (1) receiving a loan guarantee if it was responsible for contaminating the brownfield to be redeveloped, or (2) having more than one outstanding loan that is guaranteed under the Program.  Sets forth requirements regarding an eligible loan's principal amount, interest rate, duration, and repayment terms. Directs the Secretary to establish criteria for selecting entities to receive loan guarantees.",2023-01-11T13:26:52Z,
113-hr-4146,113,hr,4146,Preservation Enhancement and Savings Opportunity Act of 2014,Housing and Community Development,2014-03-04,2014-03-04,Referred to the House Committee on Financial Services.,House,"Rep. Paulsen, Erik [R-MN-3]",MN,R,P000594,0,"Preservation Enhancement and Savings Opportunity Act of 2014 - Amends the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA) with respect to a plan of action the Secretary of Housing and Urban Development (HUD) may approve for extension of the low-income affordability restrictions on any eligible low-income housing. Entitles the owner of a property subject to a plan of action or use agreement to distribute:   annually all surplus cash generated by the property; and  any funds accumulated in a residual receipts account, upon request made to the Secretary and notwithstanding any conflicting provision in the use agreement, but only if the individual is in material compliance with the use agreement. Requires an owner distributing any such amounts to:   continue to operate the property in accordance with the affordability requirements of its use agreement for its remaining useful life; continue to renew or extend any project-based rental assistance contract for at least 20 years, as required by the property's plan of action; and have the option to extend the contract to a 20-year term, if he or she has an existing multi-year project-based rental assistance contract for less than 20 years.   Declares that neither LIHPRHA, nor any plan of action or use agreement implementing it, shall restrict an owner from obtaining a new loan or refinancing an existing loan secured by a low-income housing project, or from distributing the proceeds of such a loan, except that, in conjunction with such refinancing:   the owner shall provide for adequate rehabilitation pursuant to a capital needs assessment to ensure long-term sustainability of the property satisfactory to the lender or bond issuance agency;  any resulting budget-based rent increase shall include debt service on the new financing, commercially reasonable debt service coverage, and replacement reserves as required by the lender; and  rent increases for units not covered by a project-based rental subsidy contract or tenant-based rental subsidy shall be limited to 10%.",2023-01-11T13:26:52Z,
113-hr-3901,113,hr,3901,Pay Back the Taxpayers Act of 2014,Housing and Community Development,2014-01-16,2014-01-16,Referred to the House Committee on Financial Services.,House,"Rep. Royce, Edward R. [R-CA-39]",CA,R,R000487,22,"Pay Back the Taxpayers Act of 2014 - Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the Housing Trust Fund or the Capital Magnet Fund. Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE in any form, during any conservatorship or receivership of the GSE, to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.",2023-01-11T13:27:08Z,
113-s-1828,113,s,1828,Preserving Access to Manufactured Housing Act of 2013,Housing and Community Development,2013-12-16,2013-12-16,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Donnelly, Joe [D-IN]",IN,D,D000607,16,"Preserving Access to Manufactured Housing Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the exclusion from the meaning of ""mortgage originator"" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of ""mortgage originator,"" instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. Amends the Truth in Lending Act to revise the definition of ""high cost mortgage.""",2023-01-11T13:23:33Z,
113-hr-3754,113,hr,3754,Freddie Mac REMIC Reform Act of 2013,Housing and Community Development,2013-12-12,2013-12-12,Referred to the House Committee on Financial Services.,House,"Rep. Perlmutter, Ed [D-CO-7]",CO,D,P000593,1,"Freddie Mac REMIC Reform Act of 2013 - Amends the Housing and Community Development Act of 1992 with respect to the exercise of options on mortgage-backed securities by the Federal Home Loan Mortgage Corporation (Freddie Mac) or, during the term of any conservatorship or receivership of Freddie Mac, the Director of the Federal Housing Finance Agency (FHFA). Directs Freddie Mac (or FHFA as its conservator or receiver) to exercise any option on a mortgage-backed security with a clean-up call option Freddie Mac has issued if the residual holder of the security is willing to share at least 50% of any excess proceeds from the exercise of the option with FHFA as conservator or receiver, if such proceeds benefit the taxpayers of the United States.  (A clean-up call option allows a transferor of assets, in this case mortgage assets, to buy them back after the outstanding asset values have been reduced substantially.) Defines mortgage-backed security as debt obligations issued in the form of participation certificates, collateralized mortgage obligations, mortgage-backed commercial paper, and real estate mortgage investment conduits. Defines mortgage-backed security with a clean-up call option as any mortgage-backed security under which there is an option or right to redeem all remaining classes of the security whenever the aggregate remaining principal of the mortgage would be less than the optional redemption or clean-up call percentage. Directs the Director to prohibit Freddie Mac and the Federal National Mortgage Association (Fannie Mae) from issuing any mortgage-backed security with a clean-up call option. Directs the Director to ensure that any excess proceeds received as a result of the exercise of any clean-up call options be used only to reduce the budget deficit of the federal government.",2023-01-11T13:23:36Z,
113-s-1761,113,s,1761,Permanently Protecting Tenants at Foreclosure Act of 2013,Housing and Community Development,2013-11-21,2013-11-21,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Blumenthal, Richard [D-CT]",CT,D,B001277,7,"Permanently Protecting Tenants at Foreclosure Act of 2013 - Amends the Protecting Tenants at Foreclosure Act of 2009 to repeal its sunset date December 31, 2012 (thus making the Act permanent).  Establishes a private right of action to enforce compliance with such Act.",2023-01-11T13:23:42Z,
113-hr-3543,113,hr,3543,Permanently Protecting Tenants at Foreclosure Act of 2013,Housing and Community Development,2013-11-20,2013-11-20,Referred to the House Committee on Financial Services.,House,"Rep. Ellison, Keith [D-MN-5]",MN,D,E000288,44,"Permanently Protecting Tenants at Foreclosure Act of 2013 - Amends the Protecting Tenants at Foreclosure Act of 2009 to repeal its sunset date December 31, 2012 (thus making the Act permanent).  Establishes a private right of action to enforce compliance with such Act.",2023-01-11T13:23:48Z,
113-hr-3550,113,hr,3550,New Fair Deal Banking and Housing Stability Act of 2013,Housing and Community Development,2013-11-20,2014-01-09,"Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.",House,"Rep. Amash, Justin [R-MI-3]",MI,R,A000367,7,"New Fair Deal Banking and Housing Stability Act of 2013 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (FHEFSSA), the Federal National Mortgage Association Charter Act (FNMACA), and the Federal Home Loan Mortgage Corporation Act (FHLMCA) to repeal housing goals and related provisions, including the Housing Trust Fund and the Capital Magnet Fund, with respect to the  Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises) (GSEs).    Amends the FNMACA and the FHLMCA to limit Fannie Mae and Freddie Mac mortgage purchases on property comprising 1- to 4-family dwelling units. Amends the FHLMCA to repeal the authority of banking entities with respect to Freddie Mac transactions. Amends the FNMACA and the FHLMCA to: (1) reduce GSE conforming loan limits, and (2) set a loan-to-value limitation on GSE mortgage purchases. Amends the FHEFSSA to: (1) replace mandatory risk-based standards for GSEs with mandatory non-risk-based standards, and (2) increase the minimum and critical capital levels for GSEs. Amends the Housing and Community Development Act of 1992 to place specified restrictions on the mortgage assets owned by GSEs Repeals the FNMACA and the FHLMCA, and denies Fannie Mae and Freddie Mac any authority to conduct new business.  Pledges the full faith and credit of the United States to pay all amounts which may be required under existing Fannie Mae and Freddie Mac obligations. Prescribes requirements for winding down Fannie Mae and Freddie Mac operations.    Amends the National Housing Act to revise requirements for Federal Housing Administration (FHA) credit programs and: (1) require mortgagees to repurchase defaulted mortgages in certain circumstances, (2) prohibit mortgage insurance for cash-out refinancings, and (3) prohibit mortgage insurance on a 1- to 4-family residential property for which the seller contributes more than 3% of the total closing costs toward the purchaser's acquisition of the property. Reduces guarantees of mortgages by requiring an increase in FHA downpayment requirements.  Terminates FHA credit guarantees five years after enactment of this Act, and transfers FHA functions to the Secretary of the Treasury.  Amends the FNMACA to limit Government National Mortgage Association (Ginnie Mae) guarantees. Abolishes Ginnie Mae and transfers all of its functions to the Secretary. Repeals the Community Reinvestment Act of 1977, the Home Mortgage Disclosure Act of 1975, certain risk retention requirements of the Dodd-Frank Wall Street Reform And Consumer Protection Act, the Affordable Housing Program of the Federal Deposit Insurance Act (FDIA), and other specified federal law. Repeals transportation planning requirements and rescinds unobligated balances of funds made available to carry them out. Terminates Department of Housing and Urban Development (HUD) sustainable communities initiatives and makes a similar related rescission. Requires the appropriate federal regulators to set the capital standards for financial companies, which shall maintain sufficient capital to remain adequately capitalized. Amend the FDIA to: (1) reduce from $250,000 to $150,000 the amount of the standard maximum deposit insurance amount of the Federal Deposit Insurance Corporation (FDIC), and (2) repeal FDIC Administrator authority to make systemic risk determinations. Amends the Federal Reserve Act to repeal the unusual and exigent authority of the Board of Governors of the Federal Reserve. Renames the stabilization fund in the Treasury as the Special Drawing Rights Fund, and directs the Secretary to liquidate all property in the Fund, other than Special Drawing Rights, and to use all such amounts to reduce the public debt. Expresses the sense of Congress that the appropriate congressional committees should each report legislation proposing changes to existing law to accommodate bankruptcy proceedings for failing multinational financial institutions.",2023-01-11T13:23:48Z,
113-hr-3529,113,hr,3529,Protecting Habitat Homeownership Act,Housing and Community Development,2013-11-19,2013-11-19,Referred to the House Committee on Financial Services.,House,"Rep. Meadows, Mark [R-NC-11]",NC,R,M001187,45,"Protecting Habitat Homeownership Act - Amends the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to exempt residential mortgage loans originated by non-profit low-income housing providers from certain minimum loan standards as well as appraisal, servicing, and billing requirements. Defines "non-profit low-income housing provider" as a tax-exempt charitable organization that does not engage in the business of a loan originator or mortgage broker but does make residential mortgage loans: (1) to promote or facilitate homeownership for poor or low-income, disabled, or other disadvantaged persons or families; and (2) at interest rates lower than the bank prime loan rate; or (3) that are, after adjusting for inflation, no-interest loans or loans with interest rates significantly below the interest rates for loans for purchase of single-family housing generally available in the market. Prescribes additional requirements.",2023-01-11T13:23:49Z,
113-hr-3501,113,hr,3501,GRAND Act,Housing and Community Development,2013-11-14,2013-11-14,Referred to the House Committee on Financial Services.,House,"Rep. Serrano, Jose E. [D-NY-15]",NY,D,S000248,18,"Generational Residences and Nurturing Dwellings Act or GRAND Act - Establishes in the Department of Housing and Urban Development (HUD) a program to provide need-based assistance for each fiscal year, made available on a competitive basis, to up to five eligible nonprofit organizations to expand the supply of specialized housing and social services for qualified elderly relatives, age 60 or older, who are raising a child of which they are not a parent either by blood or marriage. Provides such assistance in the form of:  financing for the construction, reconstruction, moderate or substantial rehabilitation, or acquisition of a structure or a portion of a structure to be used as specialized housing in accordance with the program; tenant-based rental (voucher) assistance under the United States Housing Act of 1937 for use only by qualified relatives who are raising a child and are eligible for such assistance for rental of a dwelling unit that qualifies as specialized housing; elderly housing project rental assistance under the Housing Act of 1959 in connection with dwelling units that qualify as specialized housing and are made available for occupancy only by qualified relatives who are raising a child and are eligible for occupancy in such housing; and  help with ongoing operational expenses of any specialized housing, including costs of supportive services required for such housing.",2023-01-11T13:23:50Z,
113-s-1707,113,s,1707,Vulnerable Veterans Housing Reform Act,Housing and Community Development,2013-11-14,2013-11-14,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Heller, Dean [R-NV]",NV,R,H001041,2,"Vulnerable Veterans Housing Reform Act - Amends the United States Housing Act of 1937 to exclude as family income for Department of Housing and Urban Development (HUD) housing assistance purposes any Department of Veterans Affairs (VA) payments made to veterans in need of regular aid and attendance for expenses related to such aid and attendance. Prohibits, in determining the monthly rental assistance payment for low-income families, the amount for tenant-paid utilities from exceeding the appropriate utility allowance for that family unit size as determined by the public housing agency (PHA), regardless of the size of the unit leased by the family. Requires the PHA, upon request by a family that includes a person with disabilities, an elderly family, or a family that includes a person less than 18 years old, to approve a higher utility allowance, except that in the case of a family with a disabled person the PHA shall approve the higher amount only when needed as a reasonable accommodation to make the unit accessible to and usable by that person. Directs the HUD Secretary to regularly publish data regarding local utility consumption and costs in order to establish appropriate allowances for tenant-paid utilities for assisted families.",2023-01-11T13:23:43Z,
113-s-1646,113,s,1646,"A bill to amend subtitle IV of title 40, United States Code, regarding county additions to the Appalachian region.",Housing and Community Development,2013-11-05,2013-11-05,Read twice and referred to the Committee on Environment and Public Works.,Senate,"Sen. Alexander, Lamar [R-TN]",TN,R,A000360,1,"Adds the Tennessee counties of Hickman, Perry, and Wayne to the definition of "Appalachian region" for purposes of Appalachian regional development efforts.",2023-01-11T13:23:45Z,
113-hr-3418,113,hr,3418,Housing Native Heroes Act of 2013,Housing and Community Development,2013-10-30,2013-10-30,Referred to the House Committee on Financial Services.,House,"Rep. Kilmer, Derek [D-WA-6]",WA,D,K000381,3,"Housing Native Heroes Act of 2013 - Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development (HUD) to carry out a rental assistance and supportive housing demonstration program, in conjunction with the Secretary of Veterans Affairs (VA), for the benefit of Indian veterans who are homeless or at-risk of homelessness and who are residing on or near Indian lands.  Requires rental assistance under such program to be: (1) made available through recipients eligible for housing assistance block grants under the Native American Housing Assistance and Self-Determination Act of 1996; and (2) awarded based on need, administrative capacity, and any other funding criteria established by the HUD Secretary in a notice published in the Federal Register after consulting with the VA Secretary.",2023-01-11T13:23:55Z,
113-s-1577,113,s,1577,Mortgage Choice Act of 2013,Housing and Community Development,2013-10-28,2014-09-16,"Committee on Banking, Housing, and Urban Affairs. Hearings held.",Senate,"Sen. Manchin, Joe, III [D-WV]",WV,D,M001183,8,"Mortgage Choice Act of 2013 - Amends the Truth in Lending Act with respect to requirements for disclosure to a consumer of points and fees information about a consumer credit transaction, secured by the consumer's principal dwelling, but which is not a residential mortgage transaction, a reverse mortgage transaction, or a transaction under an open end credit plan, when the total points and fees the consumer must pay at or before closing will exceed 8% percent of the total loan amount or $400, whichever is greater. (Such consumer credit transactions might include an equity credit line to which consumer purchases or leases may be charged.) Excludes from the computation of such points and fees any escrow for future payment of insurance. Modifies the criteria for exclusion from the computation of points and fees of certain reasonable charges elsewhere exempted from the computation of the finance charge in extensions of credit secured by an interest in real property. Excludes from points and fees any such reasonable charges even though a creditor receives compensation, but only in so far as the creditor or its affiliate retains the compensation as a result of their participation in an affiliated business arrangement.  (An ""affiliated business arrangement"" is one in which: (1) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related mortgage loan, or an associate of such person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than 1% in a provider of settlement services; and (2) either of such persons directly or indirectly refers such business to that provider or affirmatively influences the provider's selection.) Revises the additional requirement that such a reasonable charge be paid to a third party unaffiliated with the creditor. Requires the charge to be: (1) a bona fide third party charge not retained by the mortgage originator, creditor, or an affiliate; or (2) a fee or premium for title examination, title insurance, or similar purposes.  Modifies the conditions under which federal departments and agencies may exempt refinancings under a streamlined refinancing from an income verification requirement that, at the time a refinancing is consummated, the consumer has a reasonable ability to repay the loan and all applicable taxes, insurance, and assessments. Repeals the exception for bona fide third party charges not retained by the mortgage originator, creditor, or an affiliate from the requirement that total points and fees not exceed 3% of the total new loan amount. (Thus subjects such charges to the same 3% ceiling.)",2023-01-11T13:23:53Z,
113-hr-3340,113,hr,3340,Fannie-Freddie Debt Elimination Act of 2013,Housing and Community Development,2013-10-24,2013-10-24,Referred to the House Committee on Financial Services.,House,"Rep. Kingston, Jack [R-GA-1]",GA,R,K000220,0,"Fannie-Freddie Debt Elimination Act of 2013 - Requires any amounts paid or repaid to the Secretary of the Treasury by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) to be transferred to the special Treasury account into which money received as gifts and proceeds from the sale or redemption of gifts is deposited for reduction of the national debt. Prohibits the Secretary from entering into any agreement to further alter, amend, or change any provision of the Amended and Restated Senior Preferred Stock Purchase Agreements referred to by this Act that relates to dividend payment dates, dividend periods, dividend rates, or dividend amounts.",2023-01-11T13:23:56Z,
113-hr-3211,113,hr,3211,Mortgage Choice Act of 2013,Housing and Community Development,2013-09-28,2014-06-10,Received in the Senate.,House,"Rep. Huizenga, Bill [R-MI-2]",MI,R,H001058,51,"(This measure has not been amended since it was introduced. The summary of that version is repeated here, with an updated short title.) Mortgage Choice Act of 2014 - (Sec. 2) Amends the Truth in Lending Act with respect to requirements for disclosure to a consumer of points and fees information about a consumer credit transaction, secured by the consumer's principal dwelling, but which is not a residential mortgage transaction, a reverse mortgage transaction, or a transaction under an open end credit plan, when the total points and fees the consumer must pay at or before closing will exceed 8% of the total loan amount or $400, whichever is greater. (Such consumer credit transactions might include an equity credit line to which consumer purchases or leases may be charged.) Excludes from the computation of such points and fees any escrow for future payment of insurance. Modifies the criteria for exclusion from the computation of points and fees of certain reasonable charges elsewhere exempted from the computation of the finance charge in extensions of credit secured by an interest in real property. Excludes from points and fees any such reasonable charges even though a creditor receives compensation, but only in so far as the creditor or its affiliate retains the compensation as a result of their participation in an affiliated business arrangement.  (An ""affiliated business arrangement"" is one in which: (1) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related mortgage loan, or an associate of such person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than 1% in a provider of settlement services; and (2) either of such persons directly or indirectly refers such business to that provider or affirmatively influences the provider's selection.) Revises the additional requirement that such a reasonable charge be paid to a third party unaffiliated with the creditor. Requires the charge to be: (1) a bona fide third party charge not retained by the mortgage originator, creditor, or an affiliate; or (2) a fee or premium for title examination, title insurance, or similar purposes.  Modifies the conditions under which federal departments and agencies may exempt refinancings under a streamlined refinancing from an income verification requirement that, at the time a refinancing is consummated, the consumer has a reasonable ability to repay the loan and all applicable taxes, insurance, and assessments. Repeals the exception for bona fide third party charges not retained by the mortgage originator, creditor, or an affiliate from the requirement that total points and fees not exceed 3% of the total new loan amount. (Thus subjects such charges to the same 3% ceiling.)",2023-01-11T13:24:08Z,
113-hr-3003,113,hr,3003,NEW HOUSE Act of 2013,Housing and Community Development,2013-08-02,2013-08-02,Referred to the House Committee on Financial Services.,House,"Rep. Beatty, Joyce [D-OH-3]",OH,D,B001281,30,"National Expansion of Working-families Housing Options Using Small Enterprises Act of 2013 or the NEW HOUSE Act of 2013 - Amends the State Small Business Credit Initiative Act of 2010 to allow states participating in the state small business credit initiative to provide funds to small businesses to be used: (1) to develop, acquire, rehabilitate, maintain, operate, or manage housing projects for low- or moderate-income households; (2) to cover any matching, non-federal contribution required in connection with any other federal grant or assistance program providing such housing; or (3) to purchase foreclosed properties and property being sold by a state or local government in order to provide such housing. Earmarks for such projects certain amounts unobligated as of the date of enactment of the Strengthening Economic Development Through Affordable Housing Act of 2013.",2023-01-11T13:24:17Z,
113-hr-3031,113,hr,3031,Rebuilding Equity Act of 2013,Housing and Community Development,2013-08-02,2013-08-02,Referred to the House Committee on Financial Services.,House,"Rep. Langevin, James R. [D-RI-2]",RI,D,L000559,5,"Rebuilding Equity Act of 2013 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) to each establish a voluntary program for eligible borrowers under which the GSE shall pay $1,000 toward the closing costs associated with applying for and receiving the refinancing when the borrower agrees to refinance into a fully amoritizing loan with a term not longer than 20 years. Prohibits the amount of the closing costs that each GSE pays under the program during the 12 months following enactment of this Act from varying based on the term of the mortgage that the borrower agrees to refinance into.  Requires the Director of the Federal Housing Finance Agency, for each of the next two 12-month periods, to: (1) adjust the amount of the portion of the closing costs that each GSE will pay in accordance with specified requirements. Makes eligible for the program borrowers: (1) who qualify for the Home Affordable Refinance Program carried out by the GSEs, (2) whose subject property has a loan-to-value ratio of at least 105%, and (3) who refinances from a loan with an original 30-year term to a loan with a term of 20 years or less.",2023-01-11T13:24:16Z,
113-s-1373,113,s,1373,Rebuilding American Homeownership Act of 2013,Housing and Community Development,2013-07-25,2013-07-25,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Merkley, Jeff [D-OR]",OR,D,M001176,0,"Rebuilding American Homeownership Act of 2013 - Requires the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (Government sponsored enterprises or GSEs) to establish a program to provide for the refinancing of eligible mortgages. Authorizes a GSE to purchase, guarantee, service, sell, lend on the security of, refinance, or otherwise deal in eligible mortgages in carrying out such program. Defines eligible mortgage as an existing first mortgage: (1) made for purchase of, or refinancing of another first mortgage, on a 1- to 4-family owner-occupied dwelling; (2) with a current loan-to-value ratio between 80% and 140%; (3) originated on or before May 31, 2009; and (4) not owned or guaranteed by a GSE. Requires the mortgagor to be a current borrower. Excludes from eligibility any mortgage insured or guaranteed by any program of the Federal Housing Administration (FHA), the Department of Housing and Urban Development (HUD), the Government National Mortgage Association (Ginnie Mae), the Department of Agriculture (USDA), or the Department of Veterans Affairs (VA). Requires that an eligible mortgage with existing credit coverage, in order to participate in the refinancing program, must continue to maintain or otherwise transfer such coverage to the new mortgage. Sets the maximum term of the new mortgage at 30 years, and the maximum original principal obligation at the legal limit for conventional mortgages a GSE may purchase or guarantee. Requires each GSE to charge a fee for any guarantee of the new mortgage.",2023-01-11T13:24:22Z,
113-s-1375,113,s,1375,Rebuilding Equity Act of 2013,Housing and Community Development,2013-07-25,2013-07-25,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Merkley, Jeff [D-OR]",OR,D,M001176,0,"Rebuilding Equity Act of 2013 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) to each establish a voluntary program for eligible borrowers under which the GSE shall pay $1,000 toward the closing costs associated with applying for and receiving the refinancing when the borrower agrees to refinance into a fully amoritizing loan with a term not longer than 20 years. Prohibits the amount of the closing costs that each GSE pays under the program during the 12 months following enactment of this Act from varying based on the term of the mortgage that the borrower agrees to refinance into.  Requires the Director of the Federal Housing Finance Agency, for each of the next two 12-month periods, to: (1) adjust the amount of the portion of the closing costs that each GSE will pay in accordance with specified requirements. Makes eligible for the program borrowers: (1) who qualify for the Home Affordable Refinance Program carried out by the GSEs, (2) whose subject property has a loan-to-value ratio of at least 105%, and (3) who refinances from a loan with an original 30-year term to a loan with a term of 20 years or less.",2023-01-11T13:24:22Z,
113-s-1376,113,s,1376,FHA Solvency Act of 2013,Housing and Community Development,2013-07-25,2013-12-19,Placed on Senate Legislative Calendar under General Orders. Calendar No. 275.,Senate,"Sen. Johnson, Tim [D-SD]",SD,D,J000177,1,"FHA Solvency Act of 2013 - (Sec. 2) Amends the National Housing Act with respect to mortgage insurance. Requires the Secretary of Housing and Urban Development (Secretary) (HUD) (who currently is merely authorized) to establish and collect annual premium payments in an amount between 0.55% and 2.0% (currently, not exceeding 1.5%) of the remaining insured principal balance. Directs the Secretary to review annually the amount of the annual and up-front premiums collected and the expected losses to the Mutual Mortgage Insurance (MMI) Fund. (Sec. 3) Prohibits the Secretary from insuring, or entering into a commitment to insure, a mortgage executed by a mortgagor who is the mortgagor under any two mortgages on one- to four-family residential properties that have previously been foreclosed upon. Sec. 4) Authorizes the Secretary to require a mortgagee to indemnify HUD for the loss if a mortgage executed by an approved or insured mortgagee contains such a material defect that the mortgage should not have been approved or endorsed for insurance, and a loan becomes delinquent within 36 months of such approval or endorsement leading to a default, or the Secretary pays a claim within 36 months after such approval or endorsement, regardless of whether the violation caused the mortgage default. Requires the Secretary to deposit any indemnified amounts collected in the MMI Fund . Directs the Secretary, if fraud or misrepresentation was involved in connection with the origination, to require the mortgagee approved under the direct endorsement program or the mortgagee delegated authority to indemnify the Secretary for the loss regardless of when an insurance claim is paid. Excepts a mortgagee from mandatory indemnification, however, if: (1) the fraud or misrepresentation was committed not by the mortgagee but by a third party; and (2) the mortgagee had implemented adequate quality control and review procedures to deter, detect, and identify such fraud or misrepresentation. Requires the Secretary to issue regulations establishing: (1) appropriate requirements and procedures governing indemnification by mortgagees, including public reporting; and (2) an appeals process to appeal any determination of indemnification made by the Secretary. (Sec. 5) Changes the mandatory annual review of the rate of early defaults and claims for insured single family mortgages originated or underwritten by each mortgagee to a mandatory annual review of the mortgagees originating or underwriting insured single family mortgages.  Expands the bases the Secretary uses to compare mortgage performance and authorizes the Secretary to terminate a mortgage's approval on a national basis instead of (as at present) only in a specific geographical area. (Sec 6) Authorizes the Secretary to issue rules requiring an underperforming servicer to contract with an independent specialty subservicer for a single mortgage or any pool of mortgages.  Limits this rule to: (1) mortgages insured under the National Housing Act that were originated on or after the enactment of this Act, and (2) servicers whose performance condition materially and adversely affects the Secretary's ability to recover any amounts owed to the Secretary. (Sec. 7) Requires the Secretary to issue a single, uniform resource guide to inform lenders and servicers of the policies, processes, and procedures applicable to insured mortgages. Directs the Secretary to: (1) evaluate and revise as necessary the underwriting standards for mortgages eligible to be insured, and (2) ensure that the MMI Fund attains a capital ratio of at least 3% (currently 2%) within 10 years after the enactment of this Act and maintains it at all times thereafter. Authorizes appropriations. (Sec. 8) Directs the Secretary evaluate and revise as necessary, by mortgagee letter or rule, the underwriting standards for mortgages eligible for insurance, which shall: (1) be based on empirically derived, demonstrably and statistically sound models; and (2) include criteria whose evaluation has historically resulted in comparatively low rates of delinquency and default during adverse economic conditions. (Sec. 9) Directs the Secretary to ensure that the MMI Fund: (1) attains a capital ratio of at least 3.0% within 10 years after enactment of this Act the FHA Solvency Act of 2013, and (2) maintains at least such capital ratio at all times thereafter. Requires the MMI Fund to be designated as: (1) undercapitalized if the capital reserve ratio falls below 100% but not less than 50%, (2) significantly undercapitalized if it falls below 50% but not less than 0%, and (3) critically undercapitalized if it falls below 0%.  Directs the Secretary to report to Congress updates on the results of the annual independent actuarial study of the MMI Fund required to: (1) reflect the most recently available information; and (2) analyze the Fund's financial position if it is designated as undercapitalized, significantly undercapitalized, or critically undercapitalized until it achieves the capital ratio required to be maintained. Specifies mandatory corrective actions, including imposition of premium surcharges according to a certain schedule, when the MMI Fund is undercapitalized, significantly undercapitalized, or critically undercapitalized. (Sec. 10) Requires the Secretary's annual report to Congress on the independent actuarial study of the MMI Fund to include an alternative stress test scenario based on relative assumptions used in the annual Comprehensive Capital Analysis and Review stress tests performed by the Board of Governors of the Federal Reserve System. Requires the Secretary to develop the alternative stress test of the MMI Fund. (Sec. 11) Directs the Secretary of the Treasury to provide written notice to Congress within 48 hours of exercising any authority under the Federal Credit Reform Act of 1990 to fund reestimates of the MMI Fund, or of certain other HUD or FHA accounts. Directs the Secretary to: (1) provide written notice to Congress within 48 hours of receiving funds pursuant to such authority to cover a downward estimate, and (2) include in any mandatory report to Congress the dollar figure of any amounts owed by HUD to the Treasury as a result of the exercise of such authority.  Requires such notices to be made available to the public and posted on HUD and Treasury websites. (Sec. 12) Amends the Department of Housing and Urban Development Act to establish, within FHA, a Deputy Assistant Secretary and Chief Risk Officer, appointed by the Secretary and responsible to the Federal Housing Commissioner for all matters relating to managing and mitigating risk to HUD mortgage insurance funds and ensuring the performance of HUD-insured mortgages.  Requires such official to report annually to Congress on underwriting standards for HUD-insured mortgages, including the lowest performing loans. (Sec. 13) Amends the National Housing Act to require the Secretary to require the independent actuary to disclose any events or circumstances that occur after the annual actuarial study is completed but before it is submitted to Congress, if such changes are sufficiently significant that a reasonable person would expect them to alter substantially the actuary's forecasts of the economic value of the Fund or any projections relating to the Fund's capital reserve ratio. Requires the Secretary to inform Congress of any such disclosures. (Sec. 14) Requires the Comptroller General (GAO) to study any relevant FHA information disclosed by the Secretary in conjunction with the release of the annual actuarial report. (Sec. 15) Amends the National Housing Act with respect to the eligibility requirements for insurance for home equity conversion mortgages (HECMs) (reverse mortgages) for elderly homeowners. Requires a mortgage to contain terms and provisions relating to property maintenance, the establishment of escrow accounts or set-asides, the limiting of amounts of any payment made available under the mortgage, and the performance of financial assessments. Amends the Reverse Mortgage Stabilization Act of 2013 to authorize the Secretary to establish by notice or mortgage letter requirements pertaining to escrow accounts or set-asides, financial assessments, or mortgage payment limits. Directs the Secretary to require the establishment of an escrow account or set-aside in any instance where, after a financial assessment of the mortgagor has been completed, such an account or set-aside would mitigate the risk of loss to the mortgagee, the mortgagor, the program, or the MMI Fund. Terminates the Secretary's authority to change an HECM by mortgage letter 24 months after the enactment of this Act. Directs the Secretary to issue a notice of proposed rulemaking within 90 days after issuing a notice or mortgagee letter which addresses the same additional or alternative requirements that are the subject of the notice or mortgagee letter. Requires the Secretary then within 24 months after issuing such a notice to: (1) issue a final rule addressing those same additional or alternative requirements, or (2) withdraw the notice or mortgagee letter. Directs the Secretary to issue a notice of proposed rulemaking that: (1) eliminates the use, issuance, or establishment of any standard fixed-rate full draw product offered under the HECM program; and (2) requires any other fixed-rate draw product offered under the HECM program not subject to such elimination to be based on a financial assessment of the mortgagor. Directs the Secretary, on a quarterly basis, to report to the Congress on the status and financial condition of each distinct product offered under the HECM program. Requires the Secretary, if any individual product has a default rate measurably higher than the default rates occurring in any other product or is experiencing losses measurably higher than losses incurred in any other product, to study the product further and include in the next quarterly report: (1) information identifying and enumerating the causes of such higher default rates and the severity of losses, and (2) a detailed description of the actions to be taken to correct such inefficiencies. (Sec. 16) Revises requirements for insuring an HECM that will be used to purchase a 1- to 4-family dwelling unit, one unit of which the mortgagor will occupy as a primary residence. Prohibits a fixed rate HECM in this circumstance from involving a principal limit with a principal limit factor exceeding .61.  (Sec. 17) Directs the Secretary within 90 days after enactment of this Act to issue the final rule to implement a specified proposed rule entitled "Federal Housing Administration (FHA) Risk Management Initiatives: Revised Seller Concessions." Requires the Secretary to ensure that the final rule: (1) limits seller contributions towards purchase-related expenses of a borrower without reducing the maximum insured amount of an insured mortgage; and (2) defines the acceptable types of expenses that a seller or interested third party, or both, may contribute, such as closing costs, prepaid expenses, discount points, up-front mortgage insurance premiums, and interest rate buydowns. (Sec. 18) Directs the Comptroller General to conduct a one-time study to determine the appropriate dollar amount limitation on the maximum original principal obligation of a mortgage that may be insured under the National Housing Act",2023-01-11T13:23:29Z,
113-hr-2815,113,hr,2815,FHA In-Person Servicing Improvement Act of 2013,Housing and Community Development,2013-07-24,2013-07-24,Referred to the House Committee on Financial Services.,House,"Rep. Green, Al [D-TX-9]",TX,D,G000553,5,FHA In-Person Servicing Improvement Act of 2013 - Directs the Secretary of Housing and Urban Development (HUD) to carry out a pilot program to use authority under the National Housing Act to pay insurance benefits to compensate a mortgagee for any costs of taking loss mitigation actions providing an alternative to foreclosure of a mortgage in default or facing imminent default. Requires the Secretary to make payments to a qualified entity or entities to compensate for their costs of making in-person contact with mortgagors whose payments under covered mortgages are more than 60 days past due.,2023-01-11T13:24:29Z,
113-hr-2816,113,hr,2816,FHA Alternative Credit Pilot Program Reauthorization Act of 2013,Housing and Community Development,2013-07-24,2013-07-24,Referred to the House Committee on Financial Services.,House,"Rep. Green, Al [D-TX-9]",TX,D,G000553,7,FHA Alternative Credit Pilot Program Reauthorization Act of 2013 - Amends the National Housing Act to extend from five to 10 years the pilot program to establish for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on 1- to 4-family residences who have insufficient credit histories for determining their creditworthiness.,2023-01-11T13:24:29Z,
113-hr-2790,113,hr,2790,Housing Assistance Efficiency Act,Housing and Community Development,2013-07-23,2014-12-03,"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",House,"Rep. Peters, Scott H. [D-CA-52]",CA,D,P000608,9,"(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Housing Assistance Efficiency Act - Amends the McKinney-Vento Homeless Assistance Act to allow (in addition to a state, local government, or public housing agency) a private nonprofit organization to administer permanent housing rental assistance provided through the Continuum of Care Program under the Act. Requires the Secretary of Housing and Urban Development (HUD), at least once (currently, twice) during each fiscal year, to reallocate any housing assistance provided from the Emergency Solutions Grants Program that is unused or returned or that becomes available after the minimum allocation requirements under the Act.",2023-01-11T13:24:30Z,
113-hr-2767,113,hr,2767,Protecting American Taxpayers and Homeowners Act of 2013,Housing and Community Development,2013-07-22,2013-07-24,Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 27.,House,"Rep. Garrett, Scott [R-NJ-5]",NJ,R,G000548,55,"Protecting American Taxpayers and Homeowners Act of 2013 - GSE Bailout Elimination and Taxpayer Protection Act - Directs the Director of the Federal Housing Finance Agency (FHFA), five years after enactment of this Act, to appoint FHFA as receiver of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or (GSEs) under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, to carry out mandatory receivership (thus terminating the current conservatorship for such GSEs). Repeals the Fannie Mae and Freddie Mac charters effective five years after enactment of this Act. Amends the Housing and Community Development Act of 1992, the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, the Federal National Mortgage Association Charter Act, and the Federal Home Loan Mortgage Corporation Act to prescribe specified requirements, limitations, and prohibitions on GSE activities until their charters are repealed and authorities terminated. FHA Reform and Modernization Act of 2013 - Establishes the Federal Housing Administration (FHA) as a wholly owned government corporation to: (1) provide residential mortgage insurance and other credit enhancement and related activities; (2) supplement private sector activity by serving hard-to-serve markets, developing new mortgage products, and filling gaps in the provision and delivery of mortgage credit; and (3) deliver housing mortgage insurance and credit enhancement and provide other services in a non-discriminatory manner. Prescribes FHA requirements concerning: (1) budget and business plans; (2) examinations, reports, and cost estimates; (3) the Mutual Mortgage Insurance Fund and capital ratios, reserves, and restoration plans; (4) borrower suspension, ineligibility, and foreclosure; (5) mortgage repurchase; (6) mortgagee indemnification; (7) eminent domain; and (8) residual income. Transfers to FHA, at the end of a five-year transition period, the functions of, authority provided to, and the responsibilities of the Secretary of Housing and Urban Development (HUD) and HUD personnel. Amends the National Housing Act to repeal the home equity conversion mortgage (reverse mortgage) program and mortgage insurance for hospitals. National Mortgage Market Utility Act of 2013 - Requires the Director of FHFA to provide for the organization, incorporation, examination, operation, and regulation of a not-for-profit national mortgage market Utility to: (1) enhance efficiency, liquidity, and security in the secondary market for residual mortgages; (2) establish standards for originating and servicing eligible collateral and for issuers and trustees of qualified securities, which would be exempt from the Securities Act of 1933; and (3) operate a common securitization platform that could be available to issues of residential mortgage-backed securities. Prohibits the Utility from: (1) originating, servicing, insuring, or guaranteeing any residential mortgage or other associated financial instrument; or (2) guaranteeing timely payment of principal or interest on any mortgage-related security. Requires the Director to: (1) issue a charter for the Utility; and (2) oversee the transfer to the Utility of the securitization infrastructure announced by the FHFA on October 4, 2012, and as developed by an enterprise or the enterprises in conservatorship (the Platform). Sets forth standards for qualified securities. Directs the utility to organize and operate a national mortgage data repository. United States Covered Bond Act of 2013 - Directs the Secretary of the Treasury to establish a covered bond regulatory oversight program for the evaluation and maintenance of programs of eligible issuers under which, on the security of a single cover pool, one or more series of covered bonds may be issued. Defines covered bonds as any recourse debt obligation of an eligible issuer that: (1) has an original term to maturity of not less than one year, (2) is secured by a perfected security interest in or other perfected lien on a cover pool owned directly or indirectly by the obligation's issuer, (3) is issued under a covered bond program approved by the applicable covered bond regulator, (4) is identified in a register of covered bonds maintained by the Secretary, and (5) is not a deposit subject to the Federal Deposit Insurance Act. Amends the Secondary Mortgage Market Enhancement Act of 1984 to authorize any person, trust, corporation, partnership, association, business trust, or business entity created under federal or state law to purchase, hold, and invest in covered bonds. Amends the Internal Revenue Code with respect to the tax treatment of estates created under covered bond programs and certain transfers under covered bond programs. Imposes a tax on certain estates created under covered bond programs. Directs the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Comptroller of the Currency to study the impact of the Regulatory Capital Rules finalized by the Board on July 2, 2013 (pursuant to the Third Basel Accord on capital adequacy, stress testing, and market liquidity risk, or Basel III). Prohibits the Board, the FDIC, and the Comptroller of the Currency, in implementing the Basel III Liquidity Coverage Ratio amendments, from requiring, as a condition for status as a high quality liquid asset, that residential mortgage-backed securities be collateralized only by (or be collateralized by a certain percentage of) full recourse mortgage loans. Amends the Truth in Lending Act to modify the items, compensation, and charges included in points and fees with respect to a high-cost mortgage. Amends the Bank Holding Company Act to exclude from hedge funds and private equity funds certain issuers of asset-backed securities. Amends the Securities Act of 1933 with respect to exemptions from specified prohibitions relating to interstate commerce and the mails for transactions by any person other than an issuer, underwriter, or dealer or transactions by an issuer not involving any public offering. Prohibits the Securities and Exchange Commission (SEC) from conditioning the availability of such exemptions upon an issuer's undertaking to provide to investors, in connection with initial offers or sales or on an ongoing basis after an initial offer or sale, the same or substantially similar information as would be required in a transaction to which such prohibitions apply. (Thus suspends Regulation AB II rulemaking.) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Securities Exchange Act of 1934 to repeal the requirement that federal banking agencies and the SEC jointly prescribe credit risk regulations for securitizers to retain an economic interest in a portion of the credit risk for any asset the securitizer, through the issuance of an asset-backed security, transfers, sells, or conveys to a third party. Amends the Truth in Lending Act, the Home Mortgage Disclosure Act of 1975, the Truth in Lending Act, and the Dodd-Frank Act to make exemptions from specified requirements, or repeal related requirements, for certain residential mortgages, particularly those serving as collateral for a qualified security. Amends the Federal Financial Institutions Examination Council Act of 1978 with respect to: (1) timeliness of examination reports, (2) examination standards, (3) establishment of an Office of Examination Ombudsman, and (4) the right to appeal before an independent administrative law judge. Common Sense Economic Recovery Act of 2013 - Cites circumstances under which, for purposes of determining capital requirements or measuring an insured depository institution's capital, such an institution may treat a non-accrual loan as an accrual loan. (Non-accrual [also known as non-performing or doubtful] loans are those on which interest is overdue and full collection of principal is uncertain, and so interest, if it has not been paid in over 90 days, cannot be credited to the bank's revenue account until it has actually been received.)",2023-01-11T13:24:30Z,
113-hr-2729,113,hr,2729,Housing Assistance Eligibility Verification Act of 2013,Housing and Community Development,2013-07-18,2013-07-23,Referred to the Subcommittee on Human Resources.,House,"Rep. Aderholt, Robert B. [R-AL-4]",AL,R,A000055,3,"Housing Assistance Eligibility Verification Act of 2013 - Amends part D (Child Support and Establishment of Paternity) of title IV of the Social Act to direct the Secretary of Agriculture (USDA) to furnish to the Secretary of Health and Human Service (HHS) information in the Federal Parent Locator Service (FPLS) and other USDA sources for comparison with information in the National Directory of New Hires, in order to obtain information in the Directory with respect to individuals (including tenants) who are applying for or participating in any housing program under the Housing Act that extends financial assistance, through the Farmers Home Administration, to owners of farms and other real estate, among other such parties.  Requires USDA to seek information, and make information disclosures, only to the extent necessary to verify an individual's employment and income.  Requires the Secretary of HHS to: (1) compare information in the National Directory with information provided by USDA about such individuals; and (2) disclose to USDA, in turn, National Directory information about them. Authorizes USDA to use the information resulting from a data match to: (1) verify the employment and income of such individuals; and (2) analyze such information after the removal of personal identifiers.  Sets forth rules for the types of disclosures permitted and conditions on disclosure. Amends the Internal Revenue Code to apply to farm housing programs under the Housing Act of 1949 the requirement that the Commissioner of Social Security and the Secretary of the Treasury disclose return information on earned, retirement, and unearned income to federal, state, and local agencies administering certain programs under the Social Security Act, the Food Stamp Act of 1977, or veterans programs, or certain housing assistance programs.",2023-01-11T13:24:32Z,
113-hr-2733,113,hr,2733,Defending American Taxpayers From Abusive Government Takings Act of 2013,Housing and Community Development,2013-07-18,2013-07-18,Referred to the House Committee on Financial Services.,House,"Rep. Campbell, John [R-CA-45]",CA,R,C001064,0,"Defending American Taxpayers From Abusive Government Takings Act of 2013 - Amends the Federal National Mortgage Association Charter Act, the Federal Home Loan Mortgage Corporation Act, the National Housing Act, and the Housing Act of 1949, respectively, to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from purchasing, the Federal Housing Authority (FHA) from insuring, and the Department of Agriculture from newly guaranteeing, making, or insuring any mortgage secured by a structure or dwelling unit located in a county in which the state, including an agency or local government, has used the power of eminent domain to take a residential mortgage.",2023-01-11T13:24:31Z,
113-hr-2580,113,hr,2580,Right to Rent Act of 2013,Housing and Community Development,2013-06-28,2013-06-28,Referred to the House Committee on Financial Services.,House,"Rep. Grijalva, Raúl M. [D-AZ-3]",AZ,D,G000551,15,"Right to Rent Act of 2013 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy foreclosed properties subject to the payment of fair market rent for a period of five years that begins upon the commencement of occupancy of such property.  Instructs the Secretary of Housing and Urban Development (HUD) to: (1) monitor compliance with this Act, (2) provide assistance to eligible mortgagors in exercising their rights under this Act, and (3) conduct outreach activities to inform eligible mortgagors of this Act.",2023-01-11T13:24:44Z,
113-hr-2600,113,hr,2600,To amend the Interstate Land Sales Full Disclosure Act to clarify how the Act applies to condominiums.,Housing and Community Development,2013-06-28,2014-09-26,Became Public Law No: 113-167.,House,"Rep. Maloney, Carolyn B. [D-NY-12]",NY,D,M000087,3,(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Interstate Land Sales Full Disclosure Act to exempt from certain registration and disclosure requirements the sale or lease of a condominium unit not already exempt from coverage under such Act.,2023-03-22T18:49:17Z,
113-hr-2512,113,hr,2512,Regulation of Mortgage Servicing Act of 2013,Housing and Community Development,2013-06-26,2013-06-26,Referred to the House Committee on Financial Services.,House,"Rep. DeLauro, Rosa L. [D-CT-3]",CT,D,D000216,6,"Regulation of Mortgage Servicing Act of 2013 - Requires a mortgage servicer to assign one case manager to each borrower that seeks a mortgage loan modification or an alternative to foreclosure. Requires the case manager to: (1) manage the communication between the servicer and the borrower, and (2) make decisions about the borrower's eligibility for a loan modification or an alternative to foreclosure. Prohibits a servicer from initiating a covered foreclosure action against a borrower unless the servicer has performed specified tasks related to offering the borrower, if eligible, a loan modification or an alternative to foreclosure. Requires a servicer to suspend a covered foreclosure action initiated before the enactment of this Act until such tasks have been performed. Prohibits a servicer, during the suspension period, from: (1) sending the borrower a notice of foreclosure, (2) conducting or scheduling a sale of the real property securing the mortgage, or (3) causing final judgment to be entered against the borrower.  Prescribes requirements a servicer must meet in order to be deemed to have made a reasonable effort to obtain necessary information to determine a borrower's eligibility for a loan modification or an alternative to foreclosure.  Requires a servicer, before notifying a borrower of his or her ineligibility for a loan modification or an alternative to foreclosure, to obtain the services of an independent reviewer to review the borrower's file and determine whether or not the borrower is eligible. Makes a violation of this Act a bar to a covered foreclosure action. Allows a servicer in compliance with this Act, however, to bring or proceed with a foreclosure action, regardless of any prior violation.  Makes any servicer that fails to comply with any requirement of this Act liable to a borrower in the same manner that a creditor who fails to comply with any requirement is liable to a person.",2023-01-11T13:24:46Z,
113-s-1217,113,s,1217,Housing Finance Reform and Taxpayer Protection Act of 2014,Housing and Community Development,2013-06-25,2014-12-09,"Committee on Banking, Housing, and Urban Affairs. Hearings held.",Senate,"Sen. Corker, Bob [R-TN]",TN,R,C001071,11,"Housing Finance Reform and Taxpayer Protection Act of 2014 - Title I: Elimination of Fannie Mae and Freddie Mac - (Sec. 101) Directs the Federal Mortgage Insurance Corporation (FMIC ) established under title II of this Act to take all steps necessary to dissolve and eliminate the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Revokes the charters for Fannie Mae and Freddie Mac (government sponsored enterprises [GSEs]). Title II: Federal Mortgage Insurance Corporation - (Sec. 201) Establishes the FMIC as an independent agency and instrumentality of the federal government to:  facilitate a liquid, transparent, and resilient single-family and multifamily mortgage credit market by supporting a robust secondary mortgage market; provide insurance on any mortgage-backed security that satisfies requirements to become a covered security; monitor and supervise approved entities; supervise regulated entities; ensure continued, widespread availability of an affordable, long-term, fixed rate, prepayable mortgage, such as a 30-year fixed rate mortgage; and preserve and maintain a liquid forward execution market for eligible single-family mortgage loans and single-family covered securities, such as the To-Be-Announced market.  Gives the FMIC general regulatory authority over each regulated entity (Fannie Mae and affiliates, Freddie Mac and affiliates, any Federal Home Loan Bank, and the Securitization Platform established under title III subtitle C part I) and the Office of Finance in the Federal Home Loan Bank System. Prohibits the FMIC from engaging in mortgage loan origination.  (Sec. 202) Vests the management of the FMIC in a Board of Directors consisting of five members be appointed by the President by and with the advice and consent of the Senate.  (Sec. 203) Directs the FMIC to establish an Advisory Committee to advise the Office of Consumer and Market Access and the Board of Directors on developments in the primary and secondary mortgage markets that have material effects on the ongoing mission of the FMIC. (Sec. 204) Establishes the Office of Inspector General in the FMIC, headed by an Inspector General appointed by the President by and with the advice and consent of the Senate. (Sec. 207) Directs the FMIC to establish an Office of Underwriting, an Office of Securitization, and an Office of Federal Home Loan Bank Supervision. Transfers to the Office of Federal Home Loan Bank Supervision, six months after enactment of this Act, all functions of the Federal Housing Finance Agency (FHFA) relating to: (1) the supervision of the Federal Home Loan Banks and the Federal Home Loan Bank System, and (2) all related FHFA rulemaking authority.  (Sec. 208) Directs the FMIC to establish an Office of Consumer and Market Access to:  administer the Market Access Fund; monitor the national, regional, and area single-family and multifamily housing finance markets to identify underserved markets, communities, and consumers in accordance with market segments; inform market participants of business practices and technical assistance regarding the housing needs of consumers in underserved communities; and study incentives to encourage mortgage lenders and mortgage originators to address the housing needs of underserved markets and communities.  (Sec. 209) Directs the FMIC to establish an Office of Multifamily Housing to develop, adopt, and publish specific criteria to ensure that eligible multifamily mortgage loans that collateralize multifamily covered securities insured under this Act comply with its requirements. (Sec. 210) Directs the FMIC to seek to support the primary mortgage market for eligible mortgage loans on an equitable, nondiscriminatory, and non-exclusionary basis to help ensure that all eligible borrowers have access to mortgage credit. Requires the FMIC, by regulation, to identify and define up to eight segments of the primary mortgage market in which lenders and eligible borrowers lack equitable access to the housing finance system facilitated by the FMIC. Prohibits the FMIC from interfering with the exercise of business judgment of an approved aggregator or approved guarantor in determining which specific mortgage loans to include in a covered guarantee transaction or market-based risk-sharing transaction. (Sec. 211) Directs the FMIC to establish an Office of Taxpayer Protection to study and report to Congress: (1) semi-annually on market concentration in the secondary mortgage markets; and (2) annually on taxpayer protection, system-wide leverage in the secondary mortgage market, and early payment defaults. Title III: Duties and Responsibilities of the FMIC - Subtitle A: Duties and Authorities - (Sec. 301) Lists the principal duties of the FMIC.  (Sec. 302) Directs the FMIC to develop, adopt, and publish, after notice and comment, standards for the consideration and approval of credit risk-sharing mechanisms that require that the first position of private market holders on single-family covered securities is: (1) adequate to cover losses that might be incurred in a period of economic stress; and (2) not less than 10% of the principal or face value of the single-family covered at the time of issuance. Makes it unlawful for any person intentionally to create and issue any instrument or security as a first loss position on a single-family covered security knowing, or in a position to have known, that it does not satisfy the requirements of this Act. Authorizes the FMIC to:  review approved credit risk-sharing mechanisms to determine whether they continue to satisfy the considerations for approval, assess the functioning of the forward market for eligible single-family mortgage loans and single-family covered securities, suspend approval of any credit risk-sharing mechanism that does not satisfy the considerations for approval or has adversely affected the liquidity or resiliency of the forward market, develop an expedited process for reinstating the approval of any suspended credit risk-sharing mechanism; consider for approval additional fully-funded risk sharing mechanisms; and establish collateral diversification standards.  Exempts from the Commodity Exchange Act certain credit risk-sharing mechanisms designed or used by a private market holder to assume losses and reduce the specific risks arising from losses realized under the mechanism associated with any insured single-family covered security. Requires the FMIC, before approving any such mechanism, to consult first with the Commodity Futures Trading Commission (CFTC). Exempts FMIC-approved credit risk-sharing mechanisms from the Securities Act of 1933 with respect to conflicts of interest relating to certain securitizations. Requires the FMIC, before approving any such mechanism, to consult first with the Securities and Exchange Commission (SEC). (Sec. 303) Directs the FMIC to insure, for a fee, the payment of principal and interest on a covered security in the event of any failure to pay on the security. Specifies requirements for the terms and conditions of insurance for single- and multi-family covered securities. Requires the FMIC to facilitate the timely and unconditional payment of principal and interest on insured covered securities by paying, in cash when due, any shortfalls in principal and interest due on the covered security. Requires the FMIC to recover the amount paid, and reasonable costs and expenses, from the servicer or guarantor. Establishes the Mortgage Insurance Fund (MI Fund) for the deposit of fees, amounts earned on investments, and specified assessment amounts. Sets forth requirements for the use and treatment of amounts in the MI Fund, including compensation of FMIC employees, establishment of the new Securitization Platform, and funding of the common securitization platform already developed by the GSEs for the FHFA, as well as reserve ratio goals. Requires the FMIC Inspector General to review any FMIC decision to insure any covered security whose payment of principal or interest, or both, the MI Fund is required to make with respect to losses incurred. Requires public disclosure of such losses. (Sec. 304) Directs the FMIC to establish limitations governing the maximum original principal obligation of eligible single-family mortgage loans that may collateralize a covered security it will insure. Specifies formulae for determining maximum loan limitation amounts for mortgage loans secured by a 1-, 2-, 3-, and 4-family residence.  Directs the FMIC to establish a method of assessing a national average single-family house price for use in calculating the loan limits for eligible single-family mortgages and other appropriate averages. (Sec. 305) Authorizes the FMIC for a six-month period, when unusual and exigent circumstances have created or threaten to create an anomalous lack of credit availability within the single-family, multifamily, or entire U.S housing market that could materially and severely disrupt the functioning of the U.S. housing finance system, to: (1) provide insurance to any single-family covered security regardless of whether that security has satisfied standards for credit risk-sharing mechanisms, and (2) establish provisional standards for approved entities. Prohibits the FMIC from: (1) bailing out any approved entity (or affiliate) in bankruptcy or any other federal or state insolvency proceeding, or (2) assisting a single and specific company to avoid bankruptcy or any federal or state insolvency proceeding. Directs the FMIC to establish a timeline for approved entities to meet approval standards, and:  establish a program to either sell the first loss position on covered securities to private market holders; or transfer for value to approved entities, or work with them to sell, the first lost position on covered securities that have been issued.  Gives the FMIC the authority to respond to a sustained national home price decline. (Sec. 306) Sets forth general powers of the FMIC. (Sec. 307) Deems all securities insured or guaranteed by the FMIC to be exempt from regulation by the Securities and Exchange Commission (SEC). Amends the Securities Act of 1933 and the Securities Act of 1934 to exempt covered securities insured or guaranteed by the FMIC or any institution that is subject to the FMIC supervision from credit risk retention requirements. Amends the Securities Act of 1933 to exempt FMIC-approved credit risk-sharing mechanisms from certain prohibitions against conflicts of interest with respect to any investor in a transaction arising out of the sale of an asset-backed security. Amends the Securities Act of 1934 to exempt such mechanisms from credit risk retention requirements. Excludes from commodity pool coverage by the Commodity Exchange Act counterparties that enter into any swap for structuring an FMIC-approved credit-risk sharing mechanism used (or designed to be used) by a private market holder to assume losses and to reduce specific risks arising from losses realized under the mechanism that are associated with any pool of eligible mortgage loans that collateralize an insured covered security. (Sec. 308) Authorizes the FMIC to consult and share information with, and requires it to coordinate with, specified federal regulatory agencies in carrying out any duty, responsibility, requirement, or action authorized under this Act. (Sec. 309) Directs the FMIC, for each type of covered entity, to establish: (1) capital standards and related solvency standards, (2) supplemental capital requirements for large approved aggregators or large approved guarantors, (3) market share limitations for the latter entities that would take effect only in the event that the supplemental standards are insufficient to prevent or mitigate risks to the secondary mortgage market, and (4) standards for the purchase of force-placed insurance by market participants. Prescribes requirements for the use and protection of personally identifiable information.  Authorizes the FMIC to establish a process and criteria for approved guarantors and approved aggregators to apply for approval to operate a cash window for the purchase of individual eligible single-family mortgage loans. (Sec. 310) Requires the FMIC, in order to protect the MI Fund and promote multiple sources of first loss positions, to seek to ensure equivalent loss absorption capacity between approved credit risk-sharing mechanisms and capital standards for approved guarantors. Subtitle B: Approval and Supervision of Approved Entities for Single-Family Activities - (Sec. 311) Directs the FMIC to develop standards for its approval of guarantors to guarantee the timely payment of principal and interest on FMIC-insured securities collateralized by eligible single-family mortgage loans. Specifies required standards, which include: (1) the financial history and condition of the guarantor, (2) a requirement that the guarantor maintain FMIC-defined capital levels, and (3) the guarantor's management capability. Details the application and FMIC approval process for mortgage guarantors meeting such standards. Requires an approved guarantor to maintain its approved status or have it suspended or revoked.  Makes it unlawful for an insured depository institution or affiliate to control an approved guarantor. Directs the FMIC to: (1) maintain an updated list of such approved guarantors on its website; (2) prescribe prudential standards for approved guarantors to ensure their safety and soundness and minimize the risk presented to the MI Fund; and (3) establish capital standards that require an approved guarantor to hold 10% capital and maintain adequate solvency levels. Requires the FMIC to: (1) consider the extent, amount, and form of risk-sharing and risk mitigation through the use by approved guarantors of approved credit-risk sharing mechanisms; and (2) allow such risk-sharing and risk mitigation to fulfill required amounts of capital to ensure an equivalent amount of loss absorption capacity while maintaining an appropriate capital structure. Directs the FMIC to conduct appropriate stress tests of each approved guarantor with total assets of more than $10 billion, Grants the FMIC resolution authority to place insolvent guarantors into receivership.  Requires the FMIC to prescribe regulations to ensure that any amounts owed to the United States, unless it agrees or consents otherwise, shall have priority following the administrative expenses of the receiver when satisfying unsecured claims against an approved guarantor or its receiver. Affords a hearing for applicants denied approval or approved guarantors whose approved status is suspended or revoked. Prohibits an approved guarantor from being an approved aggregator. Authorizes an approved guarantor to provide insurance or other credit enhancement on a pool of eligible single-family mortgage loans collateralizing an insured single-family covered security.  Prohibits an approved guarantor from: (1) originating an eligible single-family mortgage loan; or (2) being an affiliate of a person that actively engages in the business of originating eligible single-family mortgage loans. Prohibits an approved guarantor from withholding, for any reason, payment of funds that would ensure holders of single-family covered securities receive timely payment of principal and interest on single-family covered securities. Directs the FMIC to develop a process for mediation and resolution of disputed payment amounts. (Sec. 312) Directs the FMIC to develop standards for approval of mortgage aggregators to deliver eligible single-family mortgage loans to the Securitization Platform for securitization as a single-family covered security. Specifies required standards, which include: (1) aggregating eligible single-family mortgage loans into pools; and (2) transferring investment risk and credit risk to private market participants. Details an application and FMIC approval process for mortgage aggregators similar to the one for approved guarantors, and similarly requires an approved aggregator to maintain its approved status or have it suspended or revoked.  Declares that the suspension or revocation of an aggregator's approved status shall have no effect on the covered status of any security collateralized by eligible mortgage loans with which the approved aggregator contracted before the suspension or revocation. Directs the FMIC to prescribe requirements for prudential standards for approved mortgage aggregators similar to those for approved guarantors. Gives the FMIC the authority to: (1) require reports from, and examine, an approved aggregator as specified; and (2) enforce the requirements of this Act with respect to an approved aggregator, in the same manner and to the same extent as FDIC has with respect to an insured depository institution, giving the appropriate federal banking agency primary enforcement authority under certain circumstances.. Applies the following requirement to approved aggregators that are neither an insured depository institution nor an affiliate of an insured depository institution. Requires the FMIC to establish standards that require an approved aggregator to: (1) hold capital in an amount comparable to that required for insured depository institutions and their affiliates regarding their applicable aggregating activities, and (2) maintain adequate solvency levels. Sets forth FMIC stress test, hearing, and resolution authority relating to aggregators similar to that applicable to guarantors.  Requires information sharing among the FMIC and federal and state banking agencies regarding an approved aggregator that is an insured depository institution (or affiliate) that:  faces a material threat to its safety and soundness, including insufficient capital; may be in material violation of federal banking law, or may threaten the financial stability of the housing finance system or the MI Fund.  Amends the Federal Home Loan Bank Act to allow one or more Federal Home Loan Banks to establish a subsidiary or joint office in any form under the laws of any state, subject to FMIC approval. Requires any such subsidiary or joint office established to be restricted to engaging in activities related to being an approved aggregator. Allows such Banks, subsidiaries, and joint offices to apply to become approved aggregators. Amends the Federal Home Loan Bank Act to make community development financial institutions under the Riegle Community Development and Regulatory Improvement Act of 1994 eligible to receive long-term secured advances from Federal Home Loan Banks. Declares that any covered security secured by eligible mortgage loans transferred to the Platform by a Federal Home Loan Bank or its subsidiary or joint office, acting as an approved aggregator, shall not be designated as, or considered to be, the joint and several obligations of the Federal Home Loan Banks.  (Sec. 313) Directs the FMIC to develop, adopt, and publish standards for its approval of private mortgage insurers to provide private mortgage loan insurance on eligible single-family mortgage loans that collateralize single-family covered securities. Specifies mandatory standards, including: (1) the financial history and current financial condition of the private mortgage insurer, (2) the risk presented by the private mortgage insurer to the MI Fund, and (3) a requirement that the private mortgage insurer submit audited financial statements to the FMIC. Gives the appropriate state insurance regulator of an approved private mortgage insurer the primary authority to examine and supervise the approved private mortgage insurer. Authorizes the examination or review of any approved private mortgage insurer under certain circumstances, including that an approved mortgage insurer has engaged in a material violation or pattern of violations of this Act or the rules promulgated pursuant to this Act, and provides for a three-year compliance examination of approved private mortgage insurers. Sets forth FMIC examination, enforcement, resolution, and other specified authority similar to that regarding approved aggregators and guarantors.  (Sec. 314) Directs the FMIC to establish standards for its approval of servicers to administer eligible single-family mortgage loans. Specifies mandatory standards, including: (1) the collection and forwarding of principal and interest payments, (2) the maintenance of escrow accounts, and (3) the collection and payment of taxes and bona fide insurance premiums. Directs the FMIC to make exceptions to, or adjustments for, requirements concerning approved servicers that service 7,500 or fewer eligible single-family mortgage loans. Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to direct the Consumer Financial Protection Bureau (CFPB) to make exceptions to, or adjustments for, requirements concerning approved servicers that service 7,500 or fewer eligible single-family mortgage loans. Requires the FMIC to maintain an updated list of approved servicers on its website. Sets forth FMIC examination, enforcement, resolution, and other specified authority similar to that regarding approved aggregators, guarantors, and private mortgage insurers. Authorizes the FMIC to require the approved servicer of any eligible single-family mortgage loan or pool of such loans to enter into a subservicing arrangement with any FMIC-approved independent specialty servicer. Directs the FMIC to develop a process by which private market holders of the first loss position in a single-family covered security may petition for a change in approved servicers.  Directs the FMIC to study servicer compensation related to non-performing single-family mortgage loans and make recommendations to Congress for the optimal structure of servicer compensation.  (Sec. 315) Directs the FMIC to establish: (1) the Small Lender Mutual (SLM), an approved small lender mutual owned by and operated for the benefit of its members; and (2) standards for its approval of other small lender mutuals. Requires the SLM and any other approved smaller lender mutual to: (1) address the needs of small mortgage lenders with respect to covered securities; (2) purchase from its member participants eligible mortgage loans to securitize a covered security; (3) obtain all necessary and appropriate credit enhancements for covered securities to support the lending activities of small mortgage lenders; (4) implement policies and procedures that ensure that the access rules and fees of any small lender mutual are not prohibitive, and do not discriminate against originators of eligible mortgage loans or any entity that aggregates such loans; and (5) manage the risk of the SLM appropriately.  Directs FHFA to: (1) assess the intellectual property, technology, infrastructure and processes of the GSEs relating to the operation and maintenance of the systems needed to ensure small mortgage lender access to the secondary mortgage market, in order to determine the needs of the SLM; and (2) dispose of such GSE intellectual property, technology, infrastructure, and processes. Directs the GSEs to provide the initial capital necessary for the SLM to perform all its activities and functions, including the ability to operate a cash window for the purchase of individual eligible mortgage loans. Requires the SLM to repay the GSEs the amount of any initial capital required to be provided by them within seven (extendable to 10) years after the system certification date. Limits the eligibility to participate as a member in any small lender mutual to specified entities which include community development financial institutions that meet the standards established by the small member mutual and Federal Home Loan Banks. Directs the FMIC to evaluate the criteria for eligibility as a member of the SLM. Requires each small lender mutual to be a member of the Securitization Platform. Requires the board of each small lender mutual to charge and collect fees from its member participants for membership and to cover the purchase of intellectual property, any initial capital for the establishment of a cash window, and the continued operation of the small lender mutual. Authorizes reduced fees if the small lender mutual determines that they are prohibitive or discriminatory. Requires each small lender mutual to have the ability to operate a cash window for the purchase of individual eligible single-family mortgage loans. Requires the FMIC to study: (1) the access needs of small multifamily mortgage lenders to the secondary multifamily mortgage market; and (2) whether the SLM can meet such needs. Prohibits a small lender mutual from guaranteeing any mortgage loans or mortgage-backed securities. (Sec. 316) Directs the FMIC to establish capital classifications regarding the levels of capital maintained by each type of covered entity, including:  well-capitalized, adequately classified, undercapitalized, significantly underclassified, and critically undercapitalized.  Authorizes the FMIC to reclassify the capital classification of a covered entity in certain circumstances. Prohibits covered entities from making capital distributions if, after making one, the entity would be classified as anything other than well capitalized or adequately capitalized. Directs the FMIC to require an adequately capitalized or undercapitalized entity to submit a capital restoration plan and implement it after approval. Prohibits an undercapitalized covered entity from permitting its average total assets during any calendar quarter from exceeding its average total assets during the preceding calendar quarter, unless: (1) the FMIC has accepted its capital restoration plan, (2) any increase in total assets is consistent with the plan, and (3) the entity's ratio of capital to total assets increases during the calendar quarter at a rate sufficient to enable the covered entity to become adequately capitalized within a reasonable time. Prohibits an undercapitalized covered entity from acquiring, directly or indirectly, an interest in any entity or engage in a new activity unless certain conditions are met.  Directs the FMIC to: (1) monitor closely the condition of any undercapitalized covered entity, especially compliance with its capital restoration plan, and review the plan, restrictions, and requirements periodically; and (2) require a significantly undercapitalized covered entity to submit a capital restoration plan and implement it after approval. Gives the FMIC the authority to: (1) resolve a critically undercapitalized regulated entity, and (2) resolve a failing or critically undercapitalized entity.  (Sec. 317) Makes it unlawful, except with prior FMIC approval, for any person to:  directly or indirectly own, control. or have the power to vote 10% of any class of voting shares of any covered entity (except as federal law requires the purchase of voting stock as a condition to participate in the entity's programs); control in any manner the election of a majority of the directors or trustees of any covered entity; exercise a controlling influence over the management or policies of any covered entity; merge or consolidate with any covered entity; or divest a covered entity, or any substantial line of business of a covered entity, into any surviving entity.  Directs the FMIC to establish, according to specified standards and requirements, an application for approval of such acquisitions, mergers, consolidations, or divestitures. Prohibits an approved guarantor or approved multifamily guarantor from engaging in any activity relating to the business of insurance that has not been approved by the FMIC. Allows approved guarantors, however, to engage in any business activity unrelated to the business of insurance, subject to prior FMIC approval.  Prohibits an approved guarantor or approved multifamily guarantor from entering into any arrangement with an affiliate or other person to support, guarantee, or finance any operation or activity of that affiliate. Allows a guarantor, however, to enter into any arrangement with an affiliate or other person solely to support, guarantee, or finance any operation or activity of the guarantor. Directs the FMIC to prohibit discounts made by an approved guarantor for any mortgage originator that is an investor (or affiliate of an investor) in the approved guarantor that are not otherwise available to other similar originators Subtitle C: Securitization Platform and Transparency in Market Operations - Part I: Securitization Platform - (Sec. 321) Directs the FMIC to establish the Securitization Platform as a utility owned by and operated for the benefit of its members as: (1) a nonprofit cooperative, or (2) a for-profit cooperative entity that best achieves the purposes and obligations of the Platform and serves the public interest. Directs the FMIC to regulate and supervise the Platform. Declares that the Platform shall not be an agency or instrumentality of the federal government. (Sec. 322) Vests management of the Platform in a Board of Directors, elected by Platform members upon the expiration of the term of the appointed initial Platform Directors. (Sec. 323) Prescribes application and approval requirements for persons seeking to become a member in the Platform. Authorizes Platform Directors to approve for Platform membership mortgage aggregators, mortgage guarantors, mortgage originators, Federal Home Loan Banks (or subsidiaries or joint offices), small lender mutuals, and other market participants necessary or helpful to fulfilling Platform purposes. (Sec. 324) Authorizes the Platform Directors to assess and collect membership and Platform usage fees from members. Directs Platform Directors to submit to the FMIC any fee structure proposal for initial or usage fees. (Sec. 325) Declares that the purposes of the Platform are to:  purchase and receive from its members eligible mortgage loans or securities collateralized by eligible mortgage loans for securitization by issuers as covered securities; issue to its members standardized or other covered securities; purchase and receive from its members noneligible mortgage loans or securities not collateralized by eligible mortgage loans for securitization as noncovered securities; and issue to its members standardized noncovered securities, or other noncovered securities, that are not insured by the FMIC.  Specifies related powers and functions of the Platform. Prohibits the Platform from guaranteeing mortgage loans or mortgage-backed securities or conducting certain other related activities. (Sec. 326) Directs the Platform Director to develop standard uniform securitization agreements, including specified terms, for all covered securities issued through the Platform.  Requires all contracts for noncovered securities issued through the Platform to include a specified set of required contractual terms relating to the obligations of the parties to each contract. (Sec. 327) Directs the FMIC to develop, adopt, and publish standards for the use of collateral risk managers who may work with the Platform, as well as trustees and servicers of mortgage-backed securities to manage mortgage loan collateral. Part II: Transparency in Market Operations - (Sec. 331) Directs the FMIC to require market participants to:  make available to private market investors in connection with the first loss position on a covered security all documents relating to eligible mortgage loans collateralizing that covered security and servicing reports of the approved servicer relating to such eligible mortgage loans; and disclose to investors information substantially similar to disclosures required of issuers of asset-backed securities until the covered security is fully paid, other than information that the FMIC determines is not applicable to a covered security, a particular type of covered security, or eligible mortgage loans collateralizing a covered security.  Directs the FMIC also to: (1) require that all disclosures be made consistent with the antifraud requirements of the federal securities laws; and (4) establish the timing, frequency, and manner in which such access and disclosures are made. (Sec. 332) Transfers to the FMIC all functions of FHFA relating to its rights, responsibilities, and obligations pursuant to an Inter-Agency Agreement entered into by it and the CFPB with respect to the development, construction, maintenance, operation, and funding of the National Mortgage Database. (Sec. 333) Directs the FMIC to establish a working group to study: (1) whether the establishment of a national electronic mortgage registry system is necessary; and (2) how to establish, operate, and maintain a national electronic mortgage registry system for single-family mortgage loans and multifamily mortgage loans. Requires the working group to develop recommendations on the necessity for and feasibility of establishing such a system to document custody and registration of security instruments. (Sec 334) States that, with respect to the dwelling of a borrower that serves as security for an eligible mortgage loan, if the borrower enters into any credit transaction that would result in the creation of a new mortgage loan or other credit lien on the dwelling where the loan-to-value ratio of the credit transaction is 80% or more, the creditor must notify the creditor of the senior eligible mortgage loan within 30 days after consummation of the transaction. (Sec. 335) Directs the FMIC to coordinate with the CFPB to ensure that the minimum standards it issues with respect to eligible single-family mortgage loans remain, to the greatest extent possible, substantially similar to rules promulgated by the CFPB under the Truth in Lending Act, provided that any revisions to, or amendments of, such minimum standards issued by the FMIC: (1) conform to all other applicable requirements pertaining to eligible single-family mortgage loans; and (2) do not negatively impact the Fund. Title IV: FHFA and the FMIC Transition - (Sec. 402) Establishes the FHFA as a distinct entity within the FMIC. Transfers all property and functions of the existing FHFA to the FHFA of the FMIC. Amends the Federal Financial Institutions Examination Council Act of 1978 to establish within the Federal Financial Institutions Examination Council a Subcommittee on Mortgage Servicing. (Sec. 403) Transfers to the FMIC the employees of the existing FHFA. Guarantees each employee transferred a position with the same status, grade, and pay as held on the day immediately preceding the transfer. (Sec. 404) Establishes the Federal Mortgage Insurance Corporation Transition Committee to: (1) develop a plan to facilitate an orderly transition to a new housing finance system, and (2) advise the Transition Chairperson or the Board when consulted.  (Sec. 405) Amends the Safety and Soundness Act to direct the FHFA to establish and collect from the GSEs, for transfer to the FMIC, annual assessments for the reasonable costs and expenses of the FMIC. (Sec. 406) Transfers to the FMIC all functions of the FHFA and its Director.  (Sec. 408) Amends the Safety and Soundness Act to repeal mandatory housing goals.  Requires approved entities and the Securitization Platform to comply with federal and state nondiscrimination laws, including the Fair Housing Act and the Equal Credit Opportunity Act. Requires the FMIC to comply with federal and state nondiscrimination laws. Title V: Improving Transparency, Accountability, and Efficacy Within Affordable Housing - (Sec. 501) Directs the FMIC to: (1) charge and collect a fee for each dollar of the outstanding principal balance of all eligible mortgage loans that collateralize covered securities; and (2) allocate or otherwise transfer, on an annual basis, specified percentages of such fee amounts to the Secretary of Housing and Urban Development (HUD) to fund the Housing Trust Fund established under the Safety and Soundness Act, to the Secretary of the Treasury to fund the Capital Magnet Fund established under the same Act, and to the FMIC to fund the Market Access Fund. Sets forth guidelines for the determination of fees, both the initial fee and subsequent incentive-based fees. (Sec. 502) Amends the Safety and Soundness Act to revise requirements for the Housing Trust Fund to: (1) make it a purpose of the Fund to provide grants to federally-recognized tribes; (2) repeal allocations to reimburse the Treasury for Housing Opportunities for Enhancement (HOPE) for Homeowners Program bond payments; (3) require the Secretary of HUD, acting through the Office of Native American Programs, to distribute via competitive grants certain amounts to federally recognized tribes and tribally designated housing entities; and (4) modify minimum state allocations requirements. (Sec. 503) Makes the Capital Magnet Fund available for grants to attract private capital for and increase investment in activities designed to foster revitalization in areas experiencing severe economic distress and property disinvestment in tribal (as well as rural) areas. (Sec. 504) Directs the FMIC to establish a Market Access Fund, administered by the Office of Consumer and Market Access, and funded in part by a share of fees charged for eligible mortgage loans that collateralize covered securities. Makes the Fund eligible for use by grantees to address the homeownership and rental housing needs of underserved or hard-to-serve populations. (Sec. 505) Directs the Secretary of HUD, the Secretary of the Treasury, and the Office of Community and Market Access to ensure that grant amounts allocated by grantees to eligible recipients, or allocated to individuals by eligible recipients, are not used for: (1) political activities; (2) political advocacy; (3) lobbying; (4) influencing the selection, nomination, election, or appointment of one or more candidates to any federal, state, or local office; (5) personal counseling services; (6) travel expenses; and (7) preparing or providing advice on tax returns. Prescribes penalties for violations of such prohibition. (Sec. 506) Repeals the current prohibition to allow the Government National Mortgage Association (Ginnie Mae) to securitize an insured multifamily housing loan, but only if certain conditions are met.  Authorizes Ginnie Mae to guarantee the timely payment of principal of and interest on trust certificates or other securities insured under the Housing and Community Development Act of 1992.  Title VI: Transition and Termination of Fannie Mae and Freddie Mac - (Sec. 601) Makes the system certification date the one that the Board of Directors of the FMIC certifies by a majority vote that: (1) the FMIC is able to undertake its duties, and (2) all minimum criteria specified by this Act with respect to the new housing finance system have been fully satisfied. Specifies the minimum criteria which the Board must consider in determining whether to certify that the new housing finance system is ready. (Sec. 602) Requires the Transition Committee established under title IV to develop a transition plan including specified elements within 12 months after enactment of this Act to facilitate an orderly transition to the new housing financing system. (Sec. 603) Makes technical revisions to authority under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to resolve insolvent or near-insolvent regulated entities, including the priority of expenses and unsecured claims, subrogation, and the transfer of financial contracts. (Sec. 604) Revokes GSE charters as of the date certain guarantee obligations are fully extinguished, and prescribes requirements for the FHFA to wind down of Fannie Mae and Freddie Mac. Authorizes the FMIC to insure outstanding mortgage-backed securities issued by the GSEs and facilitate their exchange for certain other mortgage-backed securities. Declares that authority to wind down the GSEs includes establishment of asset management plans and holding companies. Requires the wind down, furthermore, to be managed by the FMIC to obtain resolutions that maximize the return for the senior GSE preferred shareholders. (Sec. 605) Prohibits each GSE, until it reaches the allowable size of the retained single-family portfolio, from owning single-family mortgage loan assets at the end of each calendar year in excess of 85% of the aggregate amount it was permitted by the FMIC to own as of December 31 of the immediately preceding calendar year.  Requires the FMIC, by the time the system certification date occurs, to establish an allowable amount of GSE-owned single-family mortgage loan assets necessary to facilitate: (1) the orderly wind down of the GSEs, and (2) appropriate loss mitigation on any legacy guarantees of the GSEs. (Sec. 606) Requires the Chairperson of the FMIC Board of Directors to testify annually before the appropriate congressional committees on the progress made in carrying out the requirements of this title. Requires the Comptroller General (GAO) to study and report on the transition. (Sec. 607) Authorizes the FMIC to establish provisional approval standards in order to ensure the sufficient participation of financially sound entities in the housing finance system. Prescribes a phase-in of capital standards for approved guarantors and multifamily approved guarantors. (Sec. 608) Directs the FMIC to endeavor to ensure that the MI Fund attains a reserve ration of 0.75% of the sum of the outstanding principal balance of the covered securities for which insurance is projected to be provided under this Act for the five-year period beginning on the system certification date. (Sec. 609) Requires GAO to report on the feasibility of transitioning to and creating a fully privatized secondary mortgage market. Title VII: Multifamily - (Sec. 701) Requires the FHFA Director to direct the GSEs, within one year after enactment of this Act, to develop plans to establish multifamily subsidiaries to meet expeditiously the multifamily minimum criteria required by title VI. Transfers to the respective multifamily subsidiaries all employees, functions, activities, infrastructure, property, and other intellectual property, platforms, technology, or any other object or service of the GSEs necessary to support, maintenance, and operation of the multifamily business of each GSE.  Directs each GSE to contribute capital necessary to ensure that its multifamily subsidiary has sufficient capital to carry out its multifamily business. (Sec. 702) Authorizes the FHFA, on or before the system certification date, to manage the sale, transfer, or disposition for value of property, technology, platforms, and legacy systems, infrastructure and processes of a GSE relating to the operation and maintenance of its multifamily business. (Sec. 703) Sets forth administrative requirements as well as standards for FMIC approval of multifamily guarantors that are analogous to those under title III pertaining to guarantors. (Sec. 704) Requires each approved multifamily guarantor to ensure, during each calendar year, that at least 60% of the rental housing units contained in the eligible multifamily mortgage loans that collateralize all multifamily covered securities guaranteed by each such approved multifamily guarantor during the previous 24-month period were at the time of origination, affordable to low-income families. Authorizes the FMIC to suspend or adjust this requirement for an approved multifamily guarantor or guarantors under certain conditions. Directs the FMIC to study the liquidity in the market for financing certain new construction or substantial rehabilitation of mixed-income properties containing multifamily units otherwise qualified but financed by state or local tax-exempt bonds.  (Sec. 705) Directs the FMIC to establish at least one pilot program administered by the Office of Multifamily Housing to test and assess methods or products designed to increase secondary mortgage market access for multifamily properties comprising not more than 50 units or with mortgages not exceeding $3 million. (Sec. 706) Directs the Office of Multifamily Housing to study the expansion to eligible multifamily mortgage loans of the Federal Home Loan Banks' Acquired Member Assets programs. (Sec. 707) Directs the FMIC to study the need, feasibility, costs and merits of creating a cooperatively-owned nonprofit multifamily issuance platform to securitize eligible multifamily mortgage loans. (Sec. 708) Amends the National Housing Act to exempt from the prohibition against transient or hotel use of housing whose mortgage is insured any short-term multifamily residential property that: (1) has more than 50 dwelling units containing a kitchen, with full refrigerator and cooking surface, and bathroom facilities; (2) provides mail boxes for each unit; (3) rents the units for a minimum stay of seven days; but (4) does not provide food or beverage services, including in-room service, daily maid services, furnishing and laundering of linen without charge, or bellhop services. Directs the Secretary of HUD to evaluate the risk of insuring such short-term residential properties. Title VIII: General requirements - (Sec. 803) Amends the Truth in Lending Act (TILA) to add definitions for: (1) mortgage loan; (2) securitized residential mortgage; and (3) servicer. Amends the RESPA to require a servicer to which the servicing of a mortgage loan has been transferred to give the borrower a statement showing:  the application of all payments and charges, including the date received, as allocated to principal, interest, escrow, and other charges; the status of the loan as of the transfer date, including whether the loan is in default and whether any loss mitigation application submitted by the borrower is pending; and an itemization and explanation for all arrearages claimed to be due as of the date of the transfer.  Amends TILA to prohibit, during the 60 days after the transfer of the servicing of any securitized residential mortgage loan, the imposition of any late fee on the consumer with respect to any payment on the loan; and prohibits treatment of such a payment as late for any purpose, if the transferor servicer receives the payment on or before the due date, including any grace period. Prohibits the creditor, new owner, or assignee of a mortgage loan, by itself or through its servicer, from imposing or collecting: (1) any fee not listed as having been incurred in the notice to the consumer of the transfer of servicing of a securitized residential mortgage loan, or (2) any fee incurred before the effective date of such a servicing transfer that is not disclosed on a periodic statement given the consumer before that effective date. (Sec. 804) Amends the Federal Home Loan Bank Act to authorize each Federal Home Loan Bank, at its sole discretion, to purchase investment grade securities from nonmember cooperative lenders that have received financing from the Federal Financing Bank and possess demonstrated experience in making loans to rural cooperatives. Requires these securities to be secured investments collateralized by the cooperative lender's loans. (Sec, 805) Requires the FMIC, the Secretary of HUD, the Secretary of the Treasury, the Secretary of Agriculture, the Secretary of Veterans Affairs, and the Secretary of Labor jointly to identify to Congress specific opportunities to consolidate, eliminate, or streamline similar housing assistance programs as well as opportunities for cross-agency collaboration of housing assistance efforts. Requires transfer of any administrative cost savings resulting from such consolidation, elimination, or streamlining in the amounts of 50% to the Housing Trust Fund and 50% to the General Fund for deficit reduction. (Sec. 806) Directs CFPB to review the application of TILA requirements to high-cost mortgages and reverse mortgage transactions for manufactured housing. Directs GAO to study the manufactured housing loan market.",2023-01-11T13:24:39Z,
113-hr-2437,113,hr,2437,Creating Jobs Through Cooperatives Act,Housing and Community Development,2013-06-19,2013-06-19,Referred to the House Committee on Financial Services.,House,"Rep. Fattah, Chaka [D-PA-2]",PA,D,F000043,0,"Creating Jobs Through Cooperatives Act - Directs the Secretary of Housing and Urban Development (HUD) to establish a National Cooperative Development Program to create jobs and increase economic development in eligible project areas by promoting cooperative development. Defines "eligible project areas" as those located within:  a census tract defined as low- or moderate-income by the Census Bureau; a population census tract treated as a low-income community under the Internal Revenue Code; or areas adjacent or close to areas that meet either requirement, and are given special HUD approval to be classified as eligible project areas. (Requires the Secretary to limit the number of funded projects located in these areas.)  Defines "cooperative development" as specified technical assistance for the establishment of cooperative organizations, which are autonomous associations of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. Authorizes the Secretary, through a competitive process, to make one- to -five-year grants to local cooperative development centers.",2023-01-11T13:24:48Z,
113-hr-2424,113,hr,2424,Community Parks Revitalization Act,Housing and Community Development,2013-06-18,2013-07-17,Sponsor introductory remarks on measure. (CR H4532),House,"Rep. Sires, Albio [D-NJ-8]",NJ,D,S001165,39,"Community Parks Revitalization Act - Requires the Secretary of Housing and Urban Development (HUD) to carry out a community revitalization program of federal grants to eligible local governments located within standard metropolitan statistical areas for various park and recreation purposes, including grants for rehabilitation and construction, innovation and recreation programming, and recovery action programs. Authorizes the Secretary to designate local governments not located in standard metropolitan statistical areas to receive such grants under a partial eligibility waiver.  Prescribes requirements, including matching requirements, for rehabilitation and construction and for innovation and recreation grants. Limits to 10% the use of funds appropriated for rehabilitation and construction grants for acquisition of land or interests in land. Allows a recipient, at its discretion, to transfer a grant in whole or in part to private nonprofit agencies for recreational areas and facilities they own or operate which offer recreational opportunities to the general population.  Requires an applicant, for project approval, to submit to the Secretary evidence of its commitment to ongoing planning, rehabilitation, service, operation, and maintenance programs for its park and recreation systems, expressed in a five-year local park and recreation recovery action program. Prescribes requirements for the five-year park and recreation recovery action program under an at-risk youth recreation grant. Authorizes the Secretary to increase federal rehabilitation and construction, innovation, and at-risk youth recreation grants to a state under this Act by an additional match of up to 15% (but not more than 15%) of total project or program cost. Limits the aggregate amount of the grant and the additional grant amounts to 85% percent of total project or program cost. Prohibits the conversion, without HUD approval, of any property improved or developed with assistance under this Act for uses other than for public recreation.",2023-01-11T13:24:49Z,
113-s-1177,113,s,1177,Moving to Work Charter Program Act of 2013,Housing and Community Development,2013-06-18,2013-06-18,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Vitter, David [R-LA]",LA,R,V000127,0,"Moving to Work Charter Program Act of 2013 - Directs the Secretary of Housing and Urban Development (HUD) to enter into charter contracts, beginning in FY2014, with up to 250 public housing agencies administering the public housing program or the section 8 housing assistance program under the United States Housing Act of 1937.  States that such charter contracts shall: (1) supersede and have a term commensurate with any annual contributions contract between a public housing agency (PHA) and the Secretary; and (2) provide that a participating PHA shall receive capital and operating assistance allocated to it under specified laws. Exempts charter contracts from the requirements of the United States Housing Act of 1937, except those for payment of wages prevailing in the community and the demolition and disposition of public housing. Requires a charter contract to provide that a PHA: (1) may combine section 8 low-income assistance and Public Housing Capital and Operating Fund assistance and use it for housing assistance and related services for activities under this Act; (2) shall ensure that at least 75% of the families assisted are very low-income families; (3) shall establish a reasonable rent policy designed to encourage employment, self-sufficiency, and home ownership by participating families; and (4) meet specified additional requirements. Directs the Secretary to appoint a federal advisory committee to assess and develop a demonstration program to test standards, criteria, and practices for a national public housing agency accreditation system or other evaluation system.",2023-01-11T13:24:40Z,
113-hr-2379,113,hr,2379,Qualified Mortgage Loan Originator Transitional Authority Act of 2013,Housing and Community Development,2013-06-14,2013-06-14,Referred to the House Committee on Financial Services.,House,"Rep. Bachus, Spencer [R-AL-6]",AL,R,B000013,3,"Qualified Mortgage Loan Originator Transitional Authority Act of 2013 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 with respect to the prohibition against an individual's engaging in the business of a loan originator without first obtaining (and maintaining annually) a registration as a registered loan originator or a license and registration as a state-licensed loan originator, as well as obtaining a unique identifier. Authorizes certain individuals who are qualified registered loan originators under the Truth in Lending Act to act as a loan originator, during a 90-day period following submission of background check materials, under the supervision of a state-licensed firm that engages in loan origination. Terminates the individual's authority to act as a loan originator upon the end of such 90-day period.",2023-01-11T13:24:50Z,
113-hr-2348,113,hr,2348,Jumpstart GSE Reform Act,Housing and Community Development,2013-06-13,2013-06-13,"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.",House,"Rep. Schweikert, David [R-AZ-6]",AZ,R,S001183,0,"Jumpstart GSE Reform Act - Prohibits the use of an increase in the guarantee fee required to be charged by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any affiliate of such organizations (enterprises) to offset an increase in outlays or a reduction in revenues for any purposes other than those related to the enterprises' business functions under: (1) the congressional budget, (2) the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), or (3) the Statutory Pay-As-You-Act 2010.  Prohibits the Secretary of the Treasury from selling, transferring, relinquishing, liquidating, divesting, or otherwise disposing of any outstanding shares of senior preferred stock acquired pursuant to a specified Senior Preferred Stock Purchase Agreement between the Department of the Treasury and an enterprise until Congress has passed and the President has signed into law legislation that includes a specific instruction to the Secretary regarding the sale, transfer, relinquishment, liquidation, divestiture, or other disposition of the senior preferred stock so acquired.",2023-01-11T13:24:51Z,
113-hr-2352,113,hr,2352,Eleanor Smith Inclusive Home Design Act of 2013,Housing and Community Development,2013-06-13,2013-06-13,Referred to the House Committee on Financial Services.,House,"Rep. Schakowsky, Janice D. [D-IL-9]",IL,D,S001145,8,"Eleanor Smith Inclusive Home Design Act of 2013 - Requires newly constructed, federally assisted single family houses and town houses to include at least one level that complies with the Standards for Type C (Visitable) Units of the American National Standards Institute (ANSI) Standards for Accessible and Usable Buildings and Facilities (1005-ICC ANSI A117.1-2009) and any future revisions. Requires: (1) each applicant for federal financial assistance to submit compliance assurances to the relevant federal agency, and (2) each person who arranges for design or construction of a covered dwelling to submit architectural and construction plans for state or local approval. Prohibits federal financial assistance to a state or local government unit unless the recipient is taking certain enforcement actions with regard to covered dwellings. Permits: (1) private civil actions in a U.S. district court or state court for violations of this Act, and (2) the Attorney General to commence civil actions or intervene in civil actions under this Act.",2023-01-11T13:24:51Z,
113-hr-2339,113,hr,2339,Affordable Housing Regulation Simplification Act of 2013,Housing and Community Development,2013-06-12,2013-06-14,"Referred to the Subcommittee on Commerce, Manufacturing, and Trade.",House,"Rep. Polis, Jared [D-CO-2]",CO,D,P000598,0,"Affordable Housing Regulation Simplification Act of 2013 - Amends the Federal National Mortgage Association Charter Act to authorize the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation Act to authorize the Federal Home Loan Mortgage Corporation (Freddie Mac), to purchase, service, sell, lend on the security of, and otherwise deal in affordable workforce housing mortgages for one-family residences: (1) that shall be used as the mortgagor's residence at least 8 of any 12 months and 240 days of any 365 days; (2) located within, or are part of, a multifamily housing development meeting certain requirements, (3) is subject to certain resale restrictions; and (4) is located in a high tourism area. Prescribes mortgagor income and employment criteria. Exempts such mortgages from any requirements and guidelines of such government sponsored entities (also known as GSEs) that are inconsistent with such authority.  Limits the application of this Act to such mortgages in a high tourism area. Amends the National Housing Act to authorize the Secretary of Housing and Urban Development (HUD) to insure any affordable workforce housing mortgage meeting certain requirements. Requires the Secretary of HUD to provide a spot approval process for insurance of condominium unit mortgages that does not require prior approval of the entire project or of the homeowners association for the entire project. Directs the Secretary of Commerce to: (1) determine high tourism areas; and (2) reassess and update such designation on a biennial basis",2023-01-11T13:24:51Z,
113-s-1122,113,s,1122,Neighborhood Safety Act of 2013,Housing and Community Development,2013-06-10,2013-06-10,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Portman, Rob [R-OH]",OH,R,P000449,0,Neighborhood Safety Act of 2013 - Authorizes the use of any amounts of assistance allocated for or provided to a state or state agency through the Hardest Hit Fund program to demolish blighted structures.,2023-01-11T13:24:41Z,
113-s-1106,113,s,1106,Sensible Accounting to Value Energy Act of 2013,Housing and Community Development,2013-06-06,2014-05-07,"Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy. Hearings held. With printed Hearing: S.Hrg. 113-466.",Senate,"Sen. Bennet, Michael F. [D-CO]",CO,D,B001267,6,"Sensible Accounting to Value Energy Act of 2013 - Directs the Secretary of Housing and Urban Development (HUD) to develop and issue guidelines for all federal mortgage agencies (including the Federal National Mortgage Association [Fannie Mae], the Federal Home Loan Mortgage Corporation [Freddie Mac], and any affiliates) to implement enhanced loan eligibility requirements, for use when testing the ability of a loan applicant to repay a covered loan, that account for the expected energy cost savings for a loan applicant at a subject property.  Directs the Secretary to issue guidelines for how covered agencies shall determine: (1) the maximum permitted loan amount based on the value of the property for all covered loans made on properties with an energy efficiency report, and (2) the estimated energy savings for properties with such a report. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to require standards for the performance of real estate appraisals in connection with federally related transactions to require at a minimum that state certified and licensed appraisers have timely access, where practicable, to information from the property owner and the lender that may be relevant in developing an opinion of value regarding the energy- and water-saving improvements or features of a property. Applies the requirement of state certified appraisers to transactions involving any real property on which the appraiser makes adjustments using an energy efficiency report.  Directs the Secretary to establish an advisory group on the implementation of the enhanced energy efficiency underwriting criteria established in this Act.",2023-01-11T13:24:42Z,
113-hr-2167,113,hr,2167,Reverse Mortgage Stabilization Act of 2013,Housing and Community Development,2013-05-23,2013-08-09,Became Public Law No: 113-29.,House,"Rep. Heck, Denny [D-WA-10]",WA,D,H001064,1,"(This measure has not been amended since it was introduced. The summary of that version is repeated here.)  Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program. Declares that such requirements shall take effect upon issuance.",2023-03-22T18:49:16Z,
113-s-1048,113,s,1048,Mortgage Finance Act of 2013,Housing and Community Development,2013-05-23,2013-05-23,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Isakson, Johnny [R-GA]",GA,R,I000055,2,"Mortgage Finance Act of 2013 - Appoints the Federal Housing Finance Agency (FHFA) receiver of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) and places them into irrevocable receivership, effective on the date on which the Mortgage Finance Agency (MFA) established by this Act is operational and able to perform the guarantee function for qualified mortgage-backed securities collateralized by qualified residential mortgages. Directs the FHFA to commence liquidation of the GSEs immediately upon their placement into receivership. Repeals the charters of Fannie Mae and Freddie Mac. Requires repayment by the FHFA to the General Fund of the Treasury, in repayment of certain government assistance to the GSEs, of all proceeds from their operations in receivership remaining after their outstanding obligations are fully satisfied. Requires the FHFA as receiver to manage the combined assets of the GSEs to obtain resolutions that maximize the return for the taxpayer. Establishes the MFA as an independent agency of the federal government to: (1) guarantee securities issued by qualified issuers and collateralized by pools of qualified residential mortgages in order to provide a dependable, transparent, and liquid market for high quality mortgages and multifamily mortgages for securitization; (2) charge and collect a guarantee fee sufficient to protect the MFA and the Treasury from the risks of guaranteeing the timely payment of principal and interest on qualified mortgage-backed securities; (3) establish and maintain a Catastrophic Fund to minimize the burden on the federal government by setting aside amounts that will be available solely to pay obligations under the MFA guarantee in the event of any future mortgage market collapse; and (4) purchase supplemental insurance coverage. Requires the MFA to: (1) guarantee the timely payment of the principal and interest to holders of qualified mortgage-back securities, and (2) cover any shortfalls to security holders. Requires the MFA to charge a guarantee fee with respect to timely payment of principal and interest on the qualified mortgage-backed securities. Creates in the Treasury the Catastrophic Fund, to which shall be credited the amount of guarantee fees and any amounts earned on investments. Requires the MFA Board of Directors to issue guidelines to determine whether supplemental coverage: (1) is being offered on commercially reasonable terms, and (2) is reasonably likely to mitigate the risk that the MFA will have to make any payment pursuant to its guarantee.  Declares that nothing in this Act may be construed as preventing the private sector from securitizing qualified residential mortgages, qualified multifamily mortgages, or other non-qualified residential single family or multifamily mortgages. Terminates the MFA after ten years.",2023-01-11T13:23:21Z,
113-s-1002,113,s,1002,Home Building Lending Improvement Act of 2013,Housing and Community Development,2013-05-21,2013-05-21,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Menendez, Robert [D-NJ]",NJ,D,M000639,1,"Home Building Lending Improvement Act of 2013 - Directs each of the appropriate federal banking agencies to initiate guidance or rulemaking with respect to financial institutions under their respective jurisdictions that make real estate loans to home builders. Requires such rulemaking to provide for: (1) adjustment from 100% to 125% of bank capital the measurement that triggers additional scrutiny on real estate loans in the lending portfolio of any qualified financial institution, (2) a prohibition against compelling lenders to call loans in good standing, and (3) improved composite ratings of a financial institution to take effect immediately. Prohibits a federal banking agency from preventing a qualified financial institution from making a real estate loan to a home builder in good standing that is secured by a viable project, unless there is a legitimate supervisory or accounting reason to do so. Prohibits such banking agencies from requiring a financial institution to reclassify any real estate loan to a homebuilder in good standing on the balance sheet of such institution, unless there is a legitimate supervisory or accounting reason to do so. Prohibits such agency guidance and regulations from superseding state law, except to the extent of state law inconsistency.",2023-01-11T13:25:01Z,
113-hr-1997,113,hr,1997,Communities Achieving Sustainability Act,Housing and Community Development,2013-05-15,2013-05-15,Referred to the House Committee on Financial Services.,House,"Rep. McKeon, Howard P. ""Buck"" [R-CA-25]",CA,R,M000508,1,"Communities Achieving Sustainability Act - Directs the Secretary of Housing and Urban Development (HUD), during a 2-year period, to insure and make commitments to insure rehabilitation loans (including advances during rehabilitation) made by financial institutions in order to assist in the rehabilitation of 1- to 4-family structures used primarily for residential purposes. Limits insurable rehabilitation loans to investors who do not intend to occupy the structure in question but obtain a rehabilitation loan for the purpose of appreciation or production of income with respect to the structure. Allows mortgage insurance for up to four such structures during a calendar year. Prohibits such mortgages from exceeding 90% of the appraised value of the structure in question. Requires the single premium payment due at the time of insurance to be increased by 10 basis points for any mortgage insured under this Act.",2023-01-11T13:23:18Z,
113-s-949,113,s,949,Consumer Mortgage Choice Act,Housing and Community Development,2013-05-14,2013-05-14,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Manchin, Joe, III [D-WV]",WV,D,M001183,2,"Consumer Mortgage Choice Act - Amends the Truth in Lending Act with respect to requirements for disclosure to a consumer of points and fees information about a consumer credit transaction, secured by the consumer's principal dwelling, but which is not a residential mortgage transaction, a reverse mortgage transaction, or a transaction under an open end credit plan, when the total points and fees the consumer must pay at or before closing will exceed 8% percent of the total loan amount or $400, whichever is greater. (Such consumer credit transactions might include an equity credit line to which consumer purchases or leases may be charged.) Excludes from the computation of such points and fees: (1) any compensation paid by a mortgage originator or a creditor to an individual person employed by the mortgage originator or creditor, and (2) any escrow for future payment of insurance. Modifies the inclusion in the computation of points and fees of all compensation paid to mortgage brokers. Specifies instead all compensation paid directly by a consumer to a mortgage originator, including a mortgage originator that is also the creditor in a table-funded transaction, but not including compensation paid by a mortgage originator or a creditor to an individual employed by the mortgage originator or creditor. Modifies the criteria for exclusion from the computation of points and fees of certain reasonable charges elsewhere exempted from the computation of the finance charge in extensions of credit secured by an interest in real property. Excludes from points and fees any such reasonable charges even though a creditor receives compensation, but only in so far as the creditor or its affiliate retains the compensation as a result of their participation in an affiliated business arrangement.  (An ""affiliated business arrangement"" is one in which: (1) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related mortgage loan, or an associate of such person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than 1% in a provider of settlement services; and (2) either of such persons directly or indirectly refers such business to that provider or affirmatively influences the provider's selection.) Revises the additional requirement that such a reasonable charge be paid to a third party unaffiliated with the creditor. Requires the charge to be: (1) a bona fide third party charge not retained by the mortgage originator, creditor, or an affiliate; or (2) a fee or premium for title examination, title insurance, or similar purposes.  Modifies the conditions under which federal departments and agencies may exempt refinancings under a streamlined refinancing from an income verification requirement that, at the time a refinancing is consummated, the consumer has a reasonable ability to repay the loan and all applicable taxes, insurance, and assessments. Repeals the exception for bona fide third party charges not retained by the mortgage originator, creditor, or an affiliate from the requirement that total points and fees not exceed 3% of the total new loan amount. (Thus subjects such charges to the same 3% ceiling.)",2023-01-11T13:24:57Z,
113-hr-1779,113,hr,1779,Preserving Access to Manufactured Housing Act of 2013,Housing and Community Development,2013-04-26,2014-05-22,Ordered to be Reported by Voice Vote.,House,"Rep. Fincher, Stephen Lee [R-TN-8]",TN,R,F000458,114,"Preserving Access to Manufactured Housing Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. Amends the Truth in Lending Act to revise the definition of ""high cost mortgage.""",2022-11-15T16:33:06Z,
113-hr-1742,113,hr,1742,Vulnerable Veterans Housing Reform Act of 2013,Housing and Community Development,2013-04-25,2013-10-29,"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",House,"Rep. Heck, Joseph J. [R-NV-3]",NV,R,H001055,9,"(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Vulnerable Veterans Housing Reform Act of 2013 - Amends the United States Housing Act of 1937 to exclude as family income for Department of Housing and Urban Development (HUD) housing assistance purposes any Department of Veterans Affairs (VA) payments made to veterans in need of regular aid and attendance for expenses related to such aid and attendance. Prohibits, in determining the monthly rental assistance payment for low-income families, the amount for tenant-paid utilities from exceeding the appropriate utility allowance for that family unit size as determined by the public housing agency (PHA), regardless of the size of the unit leased by the family. Requires the PHA, upon request by a family that includes a person with disabilities, an elderly family, or a family that includes a person less than 18 years old, to approve a higher utility allowance, except that in the case of a family with a disabled person the PHA shall approve the higher amount only when needed as a reasonable accommodation to make the unit accessible to and usable by that person. Directs the HUD Secretary to regularly publish data regarding local utility consumption and costs in order to establish appropriate allowances for tenant-paid utilities for assisted families.",2023-01-11T13:24:00Z,
113-hr-1754,113,hr,1754,Preserving American Homeownership Act of 2013,Housing and Community Development,2013-04-25,2013-04-25,Referred to the House Committee on Financial Services.,House,"Rep. Peters, Gary C. [D-MI-14]",MI,D,P000595,2,"Preserving American Homeownership Act of 2013 - Requires the Director of the Federal Housing Finance Agency and the Federal Housing Commissioner each to establish a pilot program to encourage, through assistance provided under the Home Affordable Modification Program (HAMP) under the Secretary of the Treasury's Making Home Affordable initiative, the use of shared appreciation mortgage modifications that: (1) are designed to return greater cash flow to investors than other loss-mitigation activities, including foreclosure; and (2) result in positive net present value for the investor. Requires a shared appreciation mortgage modification to: (1) reduce by specified action the loan-to-value ratio of a covered mortgage to 115% immediately upon modification and to 95% within 3 years; (2) reduce the interest rate if such a principal reduction would not result in an affordable reduced monthly payment; (3) reduce to a specified amount any periodic payment the homeowner is required to make; (4) require the homeowner to pay the investor, after refinancing or selling the real property securing a covered mortgage, up to 50% of the amount of any increase in the value of the real property during a specified period; and (5) result in a positive net present value for the investor after taking into account the principal reduction and, if necessary, any interest rate reduction. Requires the Director to: (1) provide that an enterprise may negotiate regarding a shared appreciation mortgage modification of a covered mortgage with any mortgage insurance provider for a mortgage on the subject property, and (2) allow advanced claim agreements with respect to such mortgage insurance policies.",2022-11-15T16:32:43Z,
113-hr-1758,113,hr,1758,CDBG Public Services Flexibility Act of 2013,Housing and Community Development,2013-04-25,2013-04-25,Referred to the House Committee on Financial Services.,House,"Rep. Ros-Lehtinen, Ileana [R-FL-27]",FL,R,R000435,4,"CDBG Public Services Flexibility Act of 2013 - Amends the Housing and Community Development Act of 1974 to revise requirements for activities eligible for community development block grant (CDBG) assistance. Increases from 15% to 25% the limitation on the amount of CDBG assistance that may be used to provide public services (e.g., those concerned with employment, crime prevention, child care, health, drug abuse, education, energy conservation, welfare or recreation needs). (Currently, only the city and county of Los Angeles, California, and the city of Miami, Florida, are favored with the 25% limit on the amount of CDBG assistance that may be used to provide public services.)",2022-11-15T16:34:43Z,
113-s-855,113,s,855,CDBG Public Services Flexibility Act of 2013,Housing and Community Development,2013-04-25,2013-04-25,"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",Senate,"Sen. Nelson, Bill [D-FL]",FL,D,N000032,1,"CDBG Public Services Flexibility Act of 2013 - Amends the Housing and Community Development Act of 1974 to revise requirements for activities eligible for community development block grant (CDBG) assistance. Increases from 15% to 25% the limitation on the amount of CDBG assistance that may be used to provide public services (e.g., those concerned with employment, crime prevention, child care, health, drug abuse, education, energy conservation, welfare or recreation needs). (Currently, only the city and county of Los Angeles, California, and the city of Miami, Florida, are favored with the 25% limit on the amount of CDBG assistance that may be used to provide public services.)",2022-11-15T16:33:53Z,
113-hr-1706,113,hr,1706,Mortgage Settlement Monitoring Act of 2013,Housing and Community Development,2013-04-24,2013-04-24,Referred to the House Committee on Financial Services.,House,"Rep. Cummings, Elijah E. [D-MD-7]",MD,D,C000984,16,"Mortgage Settlement Monitoring Act of 2013 - Establishes the Office of the Independent Monitor to determine the compliance with its terms of all parties to the amended consent orders (settlement) finalized on February 28, 2013, between the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency and 11 mortgage servicing companies subject to enforcement actions for unsafe and unsound practices related to residential mortgage loan servicing and foreclosure processing, as well as any future agreement between the Board and the Office and a mortgage servicing company.",2023-01-11T13:23:17Z,
113-hr-1712,113,hr,1712,Housing Opportunity and Mortgage Equity Act of 2013,Housing and Community Development,2013-04-24,2013-04-24,Referred to the House Committee on Financial Services.,House,"Rep. McNerney, Jerry [D-CA-9]",CA,D,M001166,4,"Housing Opportunity and Mortgage Equity Act of 2013 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) each to carry out a one-year program providing for the refinancing of qualified single-family housing mortgages it owns through a refinancing mortgage (and for the purchase of and securitization of such refinancing mortgages) in accordance with this Act and the policies and procedures of the Federal Housing Finance Agency (FHFA). Defines a qualified mortgage as one, regardless of whether the mortgagor is current on payments due or in default, that: (1) is an existing first mortgage for purchase of, or refinancing another first mortgage on, a one- to four-family dwelling, including a condominium or a share in a cooperative ownership housing association, that is occupied by the mortgagor as principal residence; (2) is owned or guaranteed by the particular GSE; and (3) was originated on or before enactment of this Act. Specifies the terms and conditions of a refinancing mortgage, including a 40-year term to maturity and a prohibition on borrower fees. Requires waiver or forgiveness of all fees and penalties related to any default or delinquency on the original mortgage. Authorizes the FHFA Director, in his or her sole discretion, to require each enterprise to pay a servicer an appropriate fee for each qualified mortgage of an enterprise that the servicer refinances through a refinancing mortgage. Prohibits any requirement of a property appraisal.",2023-01-11T13:23:17Z,
113-hr-1668,113,hr,1668,Safely Sheltering Disaster Victims Act of 2013,Housing and Community Development,2013-04-23,2013-04-23,"Referred to the Committee on Financial Services, and in addition to the Committees on Appropriations, and 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.",House,"Rep. Velazquez, Nydia M. [D-NY-7]",NY,D,V000081,3,"Safely Sheltering Disaster Victims Act of 2013 - Transfers a specified amount made available for the Department of Housing and Urban Development (HUD) Community Development Fund in the Disaster Relief Appropriations Act, 2013 to the Public and Indian Housing Tenant-Based Rental Assistance HUD account for tenant-based rental assistance only, including related administrative expenses, to areas impacted by Hurricane Sandy. Subjects such funds to specified requirements, including that:  they be made available for such assistance by 60 days after enactment of this Act; the HUD Secretary waive the public housing agency (PHA) project-based limitation for use of such assistance (under the voucher program) for low-income families; the amounts may be provided only to PHAs that agree to give a preference to making such assistance available to eligible families displaced by Hurricane Sandy; such families are otherwise eligible for such assistance; and  an eligible family may continue to receive such assistance after the transferred amounts are no longer available, subject to family eligibility and the availability of amounts in appropriation Acts.  Retains the designation of such amounts as an emergency requirement pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).",2022-03-03T21:31:57Z,
113-hr-1669,113,hr,1669,Public Housing Disaster Preparedness Act of 2013,Housing and Community Development,2013-04-23,2013-04-23,Referred to the House Committee on Financial Services.,House,"Rep. Velazquez, Nydia M. [D-NY-7]",NY,D,V000081,3,"Public Housing Disaster Preparedness Act of 2013 - Requires the Secretary of Housing and Urban Development (HUD) to require each public housing agency (PHA) that owns, operates, or assists at least 500 dwelling units in public housing projects (covered PHA) to develop a disaster response and relief plan to provide:   guidance for PHAs and their staff, residents of dwelling units in public housing, relevant federal, state, and local agencies and officials, and community-based organizations; and  comprehensive information regarding pre-disaster, disaster impact, and post-disaster policies, standards, procedures, and protocols.  Requires the plan to: (1) be included in the annual and five-year PHA plans required to be submitted under the Act, and (2) be submitted for HUD approval before its implementation. Prescribes requirements for the plan, including protocols for:  establishing communication and support; immediate disaster response; protecting the special needs of residents; safe evacuation of residents and staff; supporting short- and long-term relocation of residents; temporarily renting vacant PHA units to local victims of a disaster who are not residents of public housing; prohibiting PHAs from evicting residents (with certain exceptions) during a disaster period; providing residents with specified emergency information immediately after the conclusion of a disaster; protecting and restoring public housing building; listing the condition and location of emergency supplies and equipment; providing information regarding federal, state, and local grant and loan programs and other disaster relief resources available to a covered PHA, including information regarding the insurance policy of the covered PHA and how to file a claim; implementing the plan properly; and  implementing certain emergency disaster training.  Requires a covered PHA to:  disseminate information (accessible to individuals with limited English proficiency) about the emergency protocols established under the plan to each resident of a PHA dwelling unit the PHA owns, operates, or assists before the resident moves into the unit as well as once every year, and, if possible, before an impending disaster; maintain a list, updated annually, of the members of each family residing in such a dwelling unit, and identify the special needs of certain residents because of a disability, physical or mobility impairment, or medical condition, the units in which elderly residents reside, and the units in which residents with limited English proficiency reside as well as their primary languages; and take specified actions to provide rental payment fairness for such dwelling units.  Requires the HUD Inspector General to evaluate the plan, after its implementation following a disaster, and if necessary to make recommendations for improving it within 180 days after the conclusion of the disaster. Makes conforming amendments to the United States Housing Act of 1937.",2022-11-15T16:33:08Z,
113-hr-1670,113,hr,1670,REACH Act of 2013,Housing and Community Development,2013-04-23,2013-04-23,Referred to the House Committee on Financial Services.,House,"Rep. Velazquez, Nydia M. [D-NY-7]",NY,D,V000081,3,"Raising Employment in Affordable Communities and Homes Act of 2013 or REACH Act of 2013 - Amends the Housing and Urban Development Act of 1968 with respect to providing economic opportunities for low- and very low-income persons, particularly recipients of federal assistance for housing. Prohibits any assistance to a public housing agency (PHA) under the United States Housing Act of 1937 for any fiscal year for low-income housing projects (development assistance), or assistance from the Operating Fund or Capital Fund under the same Act, unless the PHA prepares an action plan describing activities that will: (1) provide such individuals the training and employment opportunities generated by such assistance, and (2) award contracts for work in connection with such assistance to business concerns that also provide economic opportunities for such individuals. Waives this prohibition for any qualified PHA: (1) the sum of the public housing dwelling units it administers, and the number of tenant-based rental assistance vouchers it administers, is 550 or fewer; and (2) that is not a troubled PHA, and does not have a failing score under the Section 8 Management Assessment Program during the prior 12 months. Prohibits an Indian tribe or tribally designated housing entity (as defined in the Native American Housing Assistance and Self-Determination Act of 1996) from providing any grant amounts under the Act for any program year unless the tribe or entity prepares an action plan meeting the same criteria. Waives this prohibition for any recipient of such grant amounts for which the sum of the affordable housing dwelling units it administers and the number of households provided tenant-based rental assistance with such grant amounts, is 550 or fewer. Requires incorporation of the yearly action plan in: (1) a PHA's annual plan for the fiscal year, or (2) an Indian tribe's (or designated entity's) Indian housing plan for the program year. Allows retroactive funding to any PHA, Indian tribe, or tribally designated entity upon the development and inclusion of an action plan in the PHA's annual plan or the tribe's or tribal entity's Indian housing plan. Directs the Secretary to require that each application for housing and community development assistance exceeding $200,000 include an action plan. Authorizes the Secretary to establish and impose penalties for PHAs, Indian tribes and tribally designated entities, and recipients of housing and community development assistance that do not comply with their action plans to the Secretary's satisfaction.",2022-11-15T16:34:14Z,
113-hr-1632,113,hr,1632,Building Rural Communities Act,Housing and Community Development,2013-04-18,2013-05-03,"Referred to the Subcommittee on Livestock, Rural Development, and Credit.",House,"Rep. Southerland, Steve II [R-FL-2]",FL,R,S001186,12,"Building Rural Communities Act - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture (USDA) to make grants to rural area-serving public bodies and private nonprofit corporations for technical assistance and training to: (1) assist communities in identifying and planning for community facility needs; (2) identify public and private financial resources; (3) prepare financial assistance applications and related documents; (4) improve management, including financial management; or (5) assist with other areas of need identified by the Secretary. Gives priority to private nonprofit organizations that have experience in providing technical assistance and training to rural entities.",2022-11-15T16:34:11Z,