Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 4899

BillFederalSenateIn Committee
HEIRS Act of 2024
About This Bill
Committee
Latest Action · July 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118th (2023–2025)
Introduced
July 31, 2024
Cosponsors (0)
None
View PDF ↗

Summary

Highlight any text to annotate
The HEIRS Act of 2024 establishes two federal grant programs to help people resolve property ownership issues related to inherited homes, particularly targeting low- and moderate-income families and minorities. The first program provides $30 million annually from 2025 through 2035 to states, local governments, and tribal nations that adopt the Uniform Partition of Heirs Property Act, which they must use to help residents pay for expenses like title searches, legal fees, surveys, and estate settlement costs. The second program allocates $10 million per year from 2025 through 2029 to housing counseling agencies, nonprofit organizations, and legal clinics to provide direct assistance for clearing titles and resolving ownership disputes on inherited properties. The bill also requires housing counseling organizations to educate homeowners about the risks of heirs' property and direct them to available resources. The Department of Housing and Urban Development has one year from the bill's enactment to establish regulations and selection criteria for distributing the grants.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.