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Bill > HR1710


US HR1710

US HR1710
Coronavirus Homeowner Assistance Act of 2021


summary

Introduced
03/09/2021
In Committee
03/09/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To provide emergency assistance to homeowners to respond to the coronavirus pandemic, and for other purposes.

AI Summary

This bill, the Coronavirus Homeowner Assistance Act of 2021, provides $9.961 billion in emergency funding to the Homeowner Assistance Fund to help mitigate the financial hardships caused by the COVID-19 pandemic. The funds can be used for various housing-related expenses, such as mortgage payment assistance, utility payment assistance, and other costs to prevent foreclosure, eviction, and loss of housing or utilities. At least 60% of the funds must be used to assist homeowners with incomes at or below 100% of the area median income or national median income. The bill also includes set-asides for small states and tribal entities, and requires reporting on how the funds are used.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to the House Committee on Appropriations. (on 03/09/2021)

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