3.0.0
4899
2025-05-27T14:16:16Z
2025-05-27T14:16:16Z
House
H
HR
2023-07-26
118
[Congressional Record Volume 169, Number 129 (Wednesday, July 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. BEATTY:H.R. 4899.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the United StatesConstitutionThe single subject of this legislation is:Housing[Page H4031]
- hsba00
Financial Services Committee
House
Standing
  - Referred To
2023-07-26T14:05:45Z

- Housing Financial Literacy Act of 2024
118
4542
S
2024-06-13
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  - Related bill
CRS
- 2023-07-26
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-07-26
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-07-26
Introduced in House
IntroReferral
1000
9
Library of Congress
- B001281
Rep. Beatty, Joyce [D-OH-3]
Joyce
Beatty
D
OH
3
N
- C001126
Rep. Carey, Mike [R-OH-15]
Mike
Carey
R
OH
15
2023-07-26
True
- A000376
Rep. Allred, Colin Z. [D-TX-32]
Colin
Allred
D
TX
Z.
32
2023-07-26
True
- C001061
Rep. Cleaver, Emanuel [D-MO-5]
Emanuel
Cleaver
D
MO
5
2023-07-26
True
- C001067
Rep. Clarke, Yvette D. [D-NY-9]
Yvette
Clarke
D
NY
D.
9
2023-07-26
True
- N000147
Del. Norton, Eleanor Holmes [D-DC-At Large]
ELEANOR
NORTON
D
DC
HOLMES
0
2023-07-26
True
- M001160
Rep. Moore, Gwen [D-WI-4]
Gwen
Moore
D
WI
4
2023-07-26
True
- C001055
Rep. Case, Ed [D-HI-1]
Ed
Case
D
HI
1
2023-07-26
True
- C001072
Rep. Carson, Andre [D-IN-7]
André
Carson
D
IN
7
2023-07-26
True
- F000466
Rep. Fitzpatrick, Brian K. [R-PA-1]
Brian
Fitzpatrick
R
PA
K.
1
2023-07-26
True
- N000194
Rep. Nickel, Wiley [D-NC-13]
Wiley
Nickel
D
NC
13
2023-08-29
False
- C001134
Rep. Caraveo, Yadira [D-CO-8]
Yadira
Caraveo
D
CO
8
2023-11-28
False
- M001221
Rep. Molinaro, Marcus J. [R-NY-19]
Marcus
Molinaro
R
NY
J.
19
2024-01-10
False
Finance and Financial Sector
Finance and Financial Sector
2023-08-28T14:45:19Z
00
2023-07-26
Introduced in House
2024-06-07T11:21:11Z
Housing Financial Literacy Act of 2023
This bill modifies the discount given by the Federal Housing Administration (FHA) on single-family mortgage-insurance premium payments for first-time homebuyers who complete a financial management counseling program. Under current law, the maximum discount for these homebuyers is 2.75% of the original insured principal obligation of the mortgage (compared to 3% for other homebuyers). The bill instead requires that the discount for these homebuyers be 25 basis points (0.25% of the original insured principal obligation of mortgage) lower than the amount otherwise established by the FHA. The bill also specifies that first-time homebuyers must complete the financial-management counseling program prior to applying for a mortgage or entering into a sales agreement.

Housing Financial Literacy Act of 2023
- Display Title
45

Housing Financial Literacy Act of 2023
2024-07-24T15:20:48Z
- Short Title(s) as Introduced
101

Housing Financial Literacy Act of 2023
2024-05-24T13:37:24Z
Introduced in House
IH
- Official Title as Introduced
6

To require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program.
2024-03-18T21:13:46Z
Introduced in House
IH
- Introduced in House
2023-07-26T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr4899ih/xml/BILLS-118hr4899ih.xml
2023-07-26
Referred to the House Committee on Financial Services.
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.