Bill > HR9990

This bill, the Renewing Opportunity in the American Dream to Housing Act (ROAD to Housing Act), aims to increase access to affordable housing, reduce regulatory barriers, increase oversight, and assist the most vulnerable. The key provisions of the bill include: - Reforming housing counseling and financial literacy programs to prioritize areas with high foreclosure rates and suspend certification for ineffective counselors. - Establishing a rental assistance demonstration program and creating incentives for small dollar loan originators. - Authorizing the Moving to Work program to provide public housing agencies greater flexibility and cost-effectiveness in administering housing assistance. - Incentivizing local solutions to homelessness through the Continuum of Care and Emergency Solutions Grants programs. - Prioritizing grants for housing construction, modification, and preservation in opportunity zones. - Requiring annual testimony and oversight from housing regulators, such as the Federal Housing Administration and Department of Veterans Affairs. - Enhancing reporting and study requirements related to the financial health and performance of Federal Housing Administration-insured mortgages. - Providing oversight of the Neighborhood Reinvestment Corporation by the Department of Housing and Urban Development's Inspector General.

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https://www.congress.gov/bill/118th-congress/house-bill/9990/all-info