H.R. 1764 · 111th Congress
Helping Homeowners in Distressed Communities Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MatsuiSponsor10 cosponsors · 10 D
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Berkley
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Castor
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Sutton
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Clarke
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Conyers
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Kilpatrick
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Sires
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Titus
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Stark
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Hinchey3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Helping Homeowners in Distressed Communities Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit the Secretary of the Treasury from using any amounts of homeowner assistance provided to or for any financial institution that are voluntarily returned to the Secretary.
What it does: CRS summary · Introduced in House · Mar 26, 2009
Helping Homeowners in Distressed Communities Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit the Secretary of the Treasury from using any amounts of homeowner assistance provided to or for any financial institution that are voluntarily returned to the Secretary. Permits the use of such amounts, however, to refinance and modify mortgages of homeowners in accordance with the Making Home Affordable Program established by the Secretary.
Limits the allocation of any such returned amounts to areas disproportionately affected by home mortgage foreclosures.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Helping Homeowners in Distressed Communities Act of 2009
Latest action (Mar 26, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 26, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.