To require the continuation of the FHA affordable rental housing financing partnership with the Federal Financing Bank, and for other purposes.
Federal Financing Bank Risk-Sharing Act of 2020
This bill requires the Department of Housing and Urban Development and the Department of the Treasury to continue the Federal Financing Bank Risk-Sharing Program. The program provides financing to Housing Finance Agencies to build and maintain affordable housing. Additionally, the bill makes community development financial institutions eligible for the program.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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