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    <number>8824</number>
    <updateDate>2023-01-11T13:44:14Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:44:14Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-11-27</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 200 (Friday, November 27, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Ms. VELAZQUEZ:H.R. 8824.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to . . . provide for the . .. general Welfare of the United States; . . .[Page H6022]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2020-11-27T18:01:20Z</date>
          </item>
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    <actions>
      <item>
        <actionDate>2020-11-27</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <text>Introduced in House</text>
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        <actionDate>2020-11-27</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>V000081</bioguideId>
        <fullName>Rep. Velazquez, Nydia M. [D-NY-7]</fullName>
        <firstName>NYDIA</firstName>
        <lastName>VELAZQUEZ</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>7</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C001067</bioguideId>
        <fullName>Rep. Clarke, Yvette D. [D-NY-9]</fullName>
        <firstName>Yvette</firstName>
        <lastName>Clarke</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>D.</middleName>
        <district>9</district>
        <sponsorshipDate>2020-12-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Housing and community development funding</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Housing supply and affordability</name>
        </item>
        <item>
          <name>Low- and moderate-income housing</name>
        </item>
        <item>
          <name>Rural conditions and development</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-11-27</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-04-21T19:20:40Z</updateDate>
        <text><![CDATA[ <p><b>Federal Financing Bank Risk-Sharing Act of 2020 </b></p> <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>Federal Financing Bank Risk-Sharing Act of 2020</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Federal Financing Bank Risk-Sharing Act of 2020</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Federal Financing Bank Risk-Sharing Act of 2020</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the continuation of the FHA affordable rental housing financing partnership with the Federal Financing Bank, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2020-11-27T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr8824ih/xml/BILLS-116hr8824ih.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2020-11-27</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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