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.
Referred to the House Committee on Financial Services.
Housing and Community Development
GROW Affordable Housing Act
USA117th CongressHR-8599| House
| Updated: 7/29/2022
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.