HR 8674
Prevent Homelessness Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Prevent Homelessness Act of 2020 creates the Housing Stabilization Fund to provide financial assistance to extremely low-income renters and homeowners facing housing instability. This fund will grant money to Continuums of Care, which are local organizations working to prevent homelessness, to help cover expenses like rent, mortgages, utilities, and necessary home repairs. The grants will be distributed through a combination of annual allocations and a competitive process, prioritizing areas with high needs and encouraging innovative solutions to prevent homelessness.
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