American Dream Downpayment Act

Bill: 108-hr-1276
Sponsor: Rep. Harris, Katherine [R-FL-13]
Introduced: 2003-03-13 in the House
Policy area: Housing and Community Development
Subjects: Affordable housing
Authorization
Economics and Public Finance
Federal aid to housing
Home ownership
Housing subsidies
Low-income housing
Settlement costs
Single family housing
Social Welfare

Summary:
action_date: 2003-03-13
text: American Dream Downpayment Act - Amends the Cranston-Gonzalez National Affordable Housing Act to: (1) authorize the Secretary of Housing and Urban Development to make grants to participating jurisdictions for downpayment assistance to low-income, first-time home buyers; and (2) make the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 inapplicable to such assistance.
action_date: 2003-06-19
text: American Dream Downpayment Act - Amends the Cranston-Gonzalez National Affordable Housing Act to authorize the Secretary of Housing and Urban Development to make grants to participating jurisdictions for single family residential downpayment assistance to: (1) low-income or first-time home buyers; or (2) income-qualifying uniformed employees (police, fire, sanitation and maintenance) or teachers of a participating jurisdiction.
Requires a participating jurisdiction to include in its comprehensive housing affordability strategy information regarding: (1) grant use; (2) outreach activities; and (3) activities to ensure the suitability of recipient families to maintain homeownership.
Sets forth allocation criteria. Permits fund reallocation.
Authorizes specified FY 2004 and 2005 appropriations.
Makes the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 inapplicable to such assistance.
action_date: 2003-10-01
text: 

(This measure has not been amended since it was reported to the House on June 19, 2003. The summary of that version is repeated here.)

 
American Dream Downpayment Act - Amends the Cranston-Gonzalez National Affordable Housing Act to authorize the Secretary of Housing and Urban Development to make grants to participating jurisdictions for single family residential downpayment assistance to: (1) low-income or first-time home buyers; or (2) income-qualifying uniformed employees (police, fire, sanitation and maintenance) or teachers of a participating jurisdiction.
 
Requires a participating jurisdiction to include in its comprehensive housing affordability strategy information regarding: (1) grant use; (2) outreach activities; and (3) activities to ensure the suitability of recipient families to maintain homeownership.
 
Sets forth allocation criteria. Permits fund reallocation.
 
Authorizes specified FY 2004 and 2005 appropriations.
 
Makes the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 inapplicable to such assistance. 


Legislative actions:
action_date: 2003-10-02
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2003-10-01
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2003-10-01
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H9039)
action_date: 2003-10-01
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H9039)
action_date: 2003-10-01
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 1276.
action_date: 2003-10-01
text: Considered under suspension of the rules. (consideration: CR H9039-9045)
action_date: 2003-10-01
text: Mr. Ney moved to suspend the rules and pass the bill, as amended.
action_date: 2003-06-19
text: Placed on the Union Calendar, Calendar No. 81.
action_date: 2003-06-19
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 108-164.
action_date: 2003-06-19
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 108-164.
action_date: 2003-05-21
text: Ordered to be Reported (Amended) by Voice Vote.
action_date: 2003-05-21
text: Committee Consideration and Mark-up Session Held.
action_date: 2003-05-07
text: Forwarded by Subcommittee to Full Committee (Amended).
action_date: 2003-05-07
text: Subcommittee Consideration and Mark-up Session Held.
action_date: 2003-03-28
text: Referred to the Subcommittee on Housing and Community Opportunity.
action_date: 2003-03-13
text: Referred to the House Committee on Financial Services.
action_date: 2003-03-13
text: Introduced in House
action_date: 2003-03-13
text: Introduced in House