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To direct the Secretary of Housing and Urban Development to establish a grant program to address deed fraud, and for other purposes.
12/19/2024, 9:06 AM
Summary of Bill HR 10475
Bill 118 hr 10475, also known as the Deed Fraud Prevention Act, aims to combat deed fraud by directing the Secretary of Housing and Urban Development to establish a grant program. Deed fraud occurs when someone illegally transfers ownership of a property by forging documents or using other deceptive tactics.
The grant program established by this bill will provide funding to local governments and non-profit organizations to implement measures to prevent and address deed fraud. These measures may include increasing public awareness about deed fraud, improving the security of property records, and providing legal assistance to victims of deed fraud.
In addition to addressing deed fraud, the bill also includes provisions for other purposes related to housing and urban development. These additional purposes may include promoting affordable housing, improving access to housing assistance programs, or addressing other housing-related issues. Overall, the Deed Fraud Prevention Act is a bipartisan effort to protect homeowners from fraudulent property transfers and to promote fair and secure housing practices. It is an important step towards ensuring the integrity of property ownership and preventing financial harm to individuals and communities.
The grant program established by this bill will provide funding to local governments and non-profit organizations to implement measures to prevent and address deed fraud. These measures may include increasing public awareness about deed fraud, improving the security of property records, and providing legal assistance to victims of deed fraud.
In addition to addressing deed fraud, the bill also includes provisions for other purposes related to housing and urban development. These additional purposes may include promoting affordable housing, improving access to housing assistance programs, or addressing other housing-related issues. Overall, the Deed Fraud Prevention Act is a bipartisan effort to protect homeowners from fraudulent property transfers and to promote fair and secure housing practices. It is an important step towards ensuring the integrity of property ownership and preventing financial harm to individuals and communities.
Current Status of Bill HR 10475
Bill HR 10475 is currently in the status of Bill Introduced since December 18, 2024. Bill HR 10475 was introduced during Congress 118 and was introduced to the House on December 18, 2024. Bill HR 10475's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of December 18, 2024
Bipartisan Support of Bill HR 10475
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10475
Primary Policy Focus
Alternate Title(s) of Bill HR 10475
To direct the Secretary of Housing and Urban Development to establish a grant program to address deed fraud, and for other purposes.
To direct the Secretary of Housing and Urban Development to establish a grant program to address deed fraud, and for other purposes.
Comments
Sponsors and Cosponsors of HR 10475
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