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H.R. 5223

BillFederalHouseIn Committee
GROW Affordable Housing Act
About This Bill
Committee
Latest Action · November 21, 2019
Referred to the House Committee on Financial Services.
Congress
116th (2019–2021)
Introduced
November 21, 2019
Cosponsors (0)
None
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Summary

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Generating Resources and Opportunities Within Affordable Housing Act or the GROW Affordable Housing Act This bill increases the amount of funds the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) must allocate each year to the Housing Trust Fund and the Capital Magnet Fund, both of which support affordable housing and are administered by the Department of Housing and Urban Development.

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