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S. 3620

BillFederalSenateIn Committee
A bill to establish a Housing Assistance Fund at the Department of the Treasury.
About This Bill
Committee
Latest Action · May 6, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2291-2292)
Congress
116th (2019–2021)
Introduced
May 6, 2020
Sponsor
Sen. John ReedD
Cosponsors (38)
37D 0R
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Summary

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This bill provides funds for assistance to homeowners to prevent mortgage defaults, foreclosures, and displacements of individuals and families experiencing financial hardship after January 21, 2020. The Department of the Treasury must disburse the funds to state housing finance agencies and Indian tribes for the provision of such assistance.

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