Keep Your Home and Prevent Homelessness Act of 2021

Hozzl · 2023-01-11T13:47:59Z

Explore the details of House Bill 2292 Keep Your Home and Prevent Homelessness Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Housing and Community Development. Stay informed on legislative developments.

1/11/2023, 1:47 PM

Summary of Bill HR 2292

Bill 117 HR 2292, also known as the Keep Your Home and Prevent Homelessness Act of 2021, aims to address the issue of homelessness by providing assistance to individuals and families at risk of losing their homes. The bill focuses on preventing homelessness before it occurs, rather than simply providing services after someone has already become homeless.

The key provisions of the bill include:

1. Providing financial assistance to individuals and families who are struggling to pay their rent or mortgage. This assistance can help prevent eviction or foreclosure and keep people in their homes. 2. Creating a national database of affordable housing options to help individuals and families find safe and stable housing. 3. Expanding access to supportive services, such as mental health counseling and job training, to help individuals and families address the root causes of their housing instability. 4. Establishing a grant program to fund local initiatives that prevent homelessness and provide support to those at risk of becoming homeless. Overall, the Keep Your Home and Prevent Homelessness Act of 2021 aims to address the underlying issues that lead to homelessness and provide proactive solutions to help individuals and families stay in their homes. By focusing on prevention and support services, the bill seeks to reduce the number of people experiencing homelessness in the United States.

Congressional Summary of HR 2292

Keep Your Home and Prevent Homelessness Act of 2021

This bill allows the Department of the Treasury to transfer Troubled Asset Relief Program funds to the Department of Housing and Urban Development's Housing Trust Fund. This fund provides grants to states to (1) increase and preserve the supply of rental housing for extremely low-income and very low-income families, including homeless families; and (2) increase homeownership for extremely low-income and very low-income families.

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Current Status of Bill HR 2292

Bill HR 2292 is currently in the status of Bill Introduced since March 29, 2021. Bill HR 2292 was introduced during Congress 117 and was introduced to the House on March 29, 2021. Bill HR 2292's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2021

Bipartisan Support of Bill HR 2292

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2292

Primary Policy Focus

Housing and Community Development

Potential Impact Areas

- Government trust funds

- Homelessness and emergency shelter

- Housing and community development funding

- Housing finance and home ownership

- Housing supply and affordability

- Low- and moderate-income housing

- State and local finance

Alternate Title(s) of Bill HR 2292

Keep Your Home and Prevent Homelessness Act of 2021

To amend the Emergency Economic Stabilization Act of 2008 to authorize use of amounts under the Troubled Assets Relief Program to be used for assistance under the Housing Trust Fund, and for other purposes.

Keep Your Home and Prevent Homelessness Act of 2021