HR 3464 · 118th Congress · Finance and Financial Sector

Affordable Homeownership Access Act

Introduced 2023-05-18· Sponsored by Rep. Barr, Andy [R-KY-6]· 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.(2023-05-18)

Plain Language Summary

[AI summary unavailable — showing source text] Affordable Homeownership Access Act This bill exempts from certain mortgage licensing and registration requirements a person (other than a depository institution) who engages in owner financing. Owner financers (1) originate a limited number of residential mortgage loans in a year, and (2) only originate residential mortgages with respect to property owned by the owner financer.…

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

Cosponsors (13)

3 Democrats10 Republicans
Rep. Gonzalez, Vicente [D-TX-34]TX
Rep. Posey, Bill [R-FL-8]FL
Rep. Cuellar, Henry [D-TX-28]TX
Rep. Emmer, Tom [R-MN-6]MN
Rep. Boyle, Brendan F. [D-PA-2]PA
Rep. Luetkemeyer, Blaine [R-MO-3]MO
Rep. Donalds, Byron [R-FL-19]FL
Rep. Sessions, Pete [R-TX-17]TX
Rep. Houchin, Erin [R-IN-9]IN
Rep. Wenstrup, Brad R. [R-OH-2]OH
Rep. Alford, Mark [R-MO-4]MO
Rep. Harshbarger, Diana [R-TN-1]TN
Rep. Williams, Brandon [R-NY-22]NY