HR 5223 · 116th Congress · Housing and Community Development

GROW Affordable Housing Act

Introduced 2019-11-21· Sponsored by Rep. Beatty, Joyce [D-OH-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-11-21)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only