Federal Financing Bank Risk-Sharing Act of 2020 This bill requires the Department of Housing and Urban Development and the Department of the Treasury to continue the Federal Financing Bank Risk-Sharing Program. The program provides financing to Housing Finance Agencies to build and maintain affordable housing. Additionally, the bill makes community development financial institutions eligible for the program.
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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 lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityLow- and moderate-income housingRural conditions and development
Federal Financing Bank Risk-Sharing Act of 2020
USA116th CongressHR-8824| House
| Updated: 11/27/2020
Federal Financing Bank Risk-Sharing Act of 2020 This bill requires the Department of Housing and Urban Development and the Department of the Treasury to continue the Federal Financing Bank Risk-Sharing Program. The program provides financing to Housing Finance Agencies to build and maintain affordable housing. Additionally, the bill makes community development financial institutions eligible for the program.
Government lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityLow- and moderate-income housingRural conditions and development