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US HR5387

US HR5387
Saving the American Dream Act


summary

Introduced
09/16/2025
In Committee
10/01/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To require certain covered agency heads to enter an memorandum of understanding and submit a report with respect to certain housing policy issues, and for other purposes.

AI Summary

This bill requires the heads of several key federal agencies, including Housing and Urban Development (HUD), Agriculture, Veterans Affairs, Treasury, and the Federal Housing Finance Agency, to create a memorandum of understanding within one year of enactment to share and coordinate housing-related research and market data. Additionally, these agency heads must jointly submit a comprehensive report to specific congressional committees within one year, addressing seven critical housing policy areas: federal housing finance programs and coordination, opportunities to reduce mortgage origination and servicing costs, housing construction costs and production barriers, local regulatory barriers to housing development, insurance costs and availability affecting housing markets, down payment assistance and housing transaction incentives, and disaster resilience and housing recovery coordination. The bill aims to promote evidence-based policymaking by facilitating inter-agency collaboration and providing a detailed analysis of current housing challenges and potential solutions, with the report to be submitted to relevant Senate and House committees focused on banking, housing, veterans' affairs, finance, and ways and means.

Committee Categories

Business and Industry

Sponsors (21)

Last Action

Referred to the Subcommittee on Economic Opportunity. (on 10/01/2025)

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