HR 7386
HOMES Act of 2020
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The HOMES Act of 2020 aims to improve protections for residents of manufactured home communities by requiring loans for building, renovating, or buying these communities to be tied to the implementation of certain tenant protections. Specifically, borrowers must certify that their leases include provisions like one-year lease terms, 60-day rent increase notices, a 5-day grace period for payments, and the right to sell a manufactured home. The bill also establishes a commission to develop additional consumer protection standards for these loans.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Abby Finkenauer
Cosponsors
Cynthia Axne
David Loebsack
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.