Legis Daily

Federal Financing Bank Risk-Sharing Act of 2020

USA116th CongressHR-8824| House 
| Updated: 11/27/2020
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Yvette D. Clarke (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 27, 2020
Introduced in House
Nov 27, 2020
Referred to the House Committee on Financial Services.
  • November 27, 2020
    Introduced in House


  • November 27, 2020
    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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 27, 2020
Introduced in House
Nov 27, 2020
Referred to the House Committee on Financial Services.
  • November 27, 2020
    Introduced in House


  • November 27, 2020
    Referred to the House Committee on Financial Services.
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Yvette D. Clarke (Democratic)

Financial Services Committee

Housing and Community Development

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government lending and loan guaranteesHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityLow- and moderate-income housingRural conditions and development