To stimulate the economy of the United States by providing assistance to States for foreclosure mitigation counseling activities and increased community development block grant assistance.
Helping Communities Act of 2008 - Directs the Secretary of the Treasury to make grants to states for providing foreclosure-mitigation counseling to homeowners of owner-occupied single family homes with mortgage loans in default or in danger of default.
Requires each state recipient to provide at least 95% of the grant amounts to nonprofit entities.
Authorizes additional FY2008 appropriations for community development block grant assistance under the Housing and Community Development Act of 1974.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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