3.0.0 2386 2023-01-11T20:08:13Z 2023-01-11T20:08:13Z Senate S S 2007-11-16 110 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Referred to 2007-11-16T17:14:03Z Mortgage and Rental Disaster Relief Act of 2007 110 4919 HR 2007-12-20 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Identical bill CRS Text similarities House 2007-11-16 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2007-11-16 Sponsor introductory remarks on measure. (CR S14628-14630) IntroReferral B00100 9 Library of Congress 2007-11-16 Introduced in Senate IntroReferral 10000 9 Library of Congress F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA N B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2007-11-16 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2008-04-03 False Emergency Management Disaster relief Eviction Finance and Financial Sector Foreclosure Housing and Community Development Labor and Employment Leases Liens Mortgages Rent Rental housing Transportation and Public Works Travel costs Unemployment Emergency Management 00 2007-11-16 Introduced in Senate 2008-01-10T22:54:41Z Mortgage and Rental Disaster Relief Act of 2007 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to provide temporary assistance in the form of mortgage or rental payments to or on behalf of individuals and households who, as a result of financial hardship caused by a major disaster, have received written notice of dispossession or eviction from a residence because of a foreclosure of mortgage or lien, cancellation of sales contract, or lease termination, entered into before such disaster.

Defines such a "financial hardship" to include: (1) the loss of employment or significant income because a job, a business, or a business interest was located in a disaster area; or (2) suffering financially because of travel restrictions or station or road closures affecting residents of such area.

Restricts eligibility for such assistance to individuals or households who have an adjusted gross income of not more than $75,000 ($100,000 for individuals or households who resided in an area with a high cost of living). Directs the President to adjust the limits annually to reflect inflation. Allows assistance to be provided for the duration of the period of financial hardship caused by the disaster, not to exceed 18 months. Requires recipients determined to be ineligible to return the full amount of assistance to the government.

Makes this Act applicable to any major disaster declared on or after October 21, 2007.

]]> Mortgage and Rental Disaster Relief Act of 2007 Official Title as Introduced A bill to amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act, to authorize temporary mortgage and rental payments. Introduced in Senate IS Display Title Mortgage and Rental Disaster Relief Act of 2007 Short Titles as Introduced Mortgage and Rental Disaster Relief Act of 2007 Introduced in Senate 2007-11-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2386is/xml/BILLS-110s2386is.xml 2007-11-16 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.