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H.R. 1276 · 108th Congress

American Dream Downpayment Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 108th Congress ended.

  1. House Introduced Mar 13, 2003
  2. House Passed Oct 1, 2003

American Dream Downpayment Act - Amends the Cranston-Gonzalez National Affordable Housing Act to authorize the Secretary of Housing and Urban Development to make grants to participating jurisdictions for single family residential downpayment assistance to: (1) low-income or first-time home buyers; or (2) income-qualifying uniformed employees (police, fire,…

What it does: CRS summary · Passed House amended · Oct 1, 2003

(This measure has not been amended since it was reported to the House on June 19, 2003. The summary of that version is repeated here.)

American Dream Downpayment Act - Amends the Cranston-Gonzalez National Affordable Housing Act to authorize the Secretary of Housing and Urban Development to make grants to participating jurisdictions for single family residential downpayment assistance to: (1) low-income or first-time home buyers; or (2) income-qualifying uniformed employees (police, fire, sanitation and maintenance) or teachers of a participating jurisdiction.

Requires a participating jurisdiction to include in its comprehensive housing affordability strategy information regarding: (1) grant use; (2) outreach activities; and (3) activities to ensure the suitability of recipient families to maintain homeownership.

Sets forth allocation criteria. Permits fund reallocation.

Authorizes specified FY 2004 and 2005 appropriations.

Makes the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 inapplicable to such assistance.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: American Dream Downpayment Act

Latest action (Oct 2, 2003): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Housing and Community Development · Origin: House · Introduced: Mar 13, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. House Introduced Mar 13, 2003
  2. House Passed Oct 1, 2003

No recorded floor vote found.