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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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Housing and Community Development
Government corporations and government-sponsored enterprisesGovernment trust fundsHousing and community development fundingHousing supply and affordabilityLow- and moderate-income housing
GROW Affordable Housing Act
USA116th CongressHR-5223| House
| Updated: 11/21/2019
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.
Government corporations and government-sponsored enterprisesGovernment trust fundsHousing and community development fundingHousing supply and affordabilityLow- and moderate-income housing