S. 3620 · 116th Congress

A bill to establish a Housing Assistance Fund at the Department of the Treasury.

Stage
In committee
Sponsor
Jack Reed
Introduced
2020-05-06
Latest action
2020-05-06 · Introduced in Senate

Summary

This bill provides funds for assistance to homeowners to prevent mortgage defaults, foreclosures, and displacements of individuals and families experiencing financial hardship after January 21, 2020. The Department of the Treasury must disburse the funds to state housing finance agencies and Indian tribes for the provision of such assistance.