S 2725
Native American Housing Affordability Act of 2019
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Native American Housing Affordability Act of 2019, aims to speed up the process of providing loan guarantees for housing on Native American reservations. It addresses lengthy delays in obtaining necessary documentation from the Bureau of Indian Affairs and allows HUD to issue a guarantee before all required paperwork is complete, provided the lender agrees to cover any potential losses. The bill also requires regular reporting on the progress of streamlining lender applications and processing timelines.
Sponsors
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Primary sponsor
Cosponsors
Jon Tester
Martha McSally
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