I 
111TH CONGRESS 
2D SESSION 
H. R. 5601 
To provide relief to homeowners with mortgages insured by the FHA who 
are economically affected as a result of the discharge of oil in the 
Gulf of Mexico caused by the explosion on and sinking of the mobile 
offshore drilling unit Deepwater Horizon, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 24, 2010 
Mr. PUTNAM (for himself and Mr. MILLER of Florida) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To provide relief to homeowners with mortgages insured by 
the FHA who are economically affected as a result of 
the discharge of oil in the Gulf of Mexico caused by 
the explosion on and sinking of the mobile offshore drill-
ing unit Deepwater Horizon, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Gulf Coast Home-
owners Relief Act of 2010’’. 
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SEC. 2. SPECIAL FORBEARANCE FOR FHA MORTGAGORS. 
The provisions of Mortgagee Letter 2002–17 of the 
Secretary of Housing and Urban Development (regarding 
‘‘Special Forbearance: Program Changes and Updates’’) 
relating to Type I Special Forbearance shall apply, until 
the conclusion of fiscal year 2011 and may not be revoked, 
annulled, repealed, or rescinded during such period, with 
respect to mortgagees of mortgages that are insured under 
title II of the National Housing Act, are secured by one- 
to four-family dwellings, and have mortgagors who, as a 
result of the explosion on and sinking of the mobile off-
shore drilling unit Deepwater Horizon, the discharge of 
oil in the Gulf of Mexico caused by such explosion and 
sinking, or the effects of such discharge on the economy 
in the areas affected by such discharge, have suffered a 
loss of income or an increase in living expenses. 
SEC. 3. SHORT- AND LONG-TERM PLANS TO ASSIST AF-
FECTED HOMEOWNERS. 
(a) SHORT-TERM PLAN.—Not later than the expira-
tion of the 15-day period beginning on the date of the en-
actment of this Act, the Secretary of Housing and Urban 
Development shall develop and submit to the Congress a 
list of programs and resources administered by the Sec-
retary that will be made immediately available to assist 
homeowners of one- to four-family dwelling, and commu-
nities that have suffered negative economic consequences 
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as a result of the explosion on and sinking of the mobile 
offshore drilling unit Deepwater Horizon or the discharge 
of oil in the Gulf of Mexico caused by such explosion and 
sinking. 
(b) LONG-TERM PLAN.—Not later than the expira-
tion of the 45-day period beginning on the date of the en-
actment of this Act, the Secretary of Housing and Urban 
Development shall develop and submit to the Congress a 
long-term plan to assist homeowners of one- to four-family 
dwellings, and communities, that have suffered negative 
economic consequences as a result of the explosion on and 
sinking of the mobile offshore drilling unit Deepwater Ho-
rizon or the discharge of oil in the Gulf of Mexico caused 
by such explosion and sinking. Such plan shall identify 
available programs and resources administered by the Sec-
retary under which such assistance will be provided, any 
actions the Secretary will take to provide such assistance, 
any recommendations for legislative changes necessary to 
carry out such plan, and any recommendations for stream-
lining existing programs to facilitate more targeted or ex-
pedited assistance to homeowners and communities so af-
fected. 
Æ 
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