H.R. 5572 · 110th Congress

Helping Communities Act of 2008

Stage
In committee
Sponsor
Jim Moran
Introduced
2008-03-10
Latest action
2008-03-10 · Introduced in House

Summary

Helping Communities Act of 2008 - Directs the Secretary of the Treasury to make grants to states for providing foreclosure-mitigation counseling to homeowners of owner-occupied single family homes with mortgage loans in default or in danger of default.

Requires each state recipient to provide at least 95% of the grant amounts to nonprofit entities.

Authorizes additional FY2008 appropriations for community development block grant assistance under the Housing and Community Development Act of 1974.