H.R. 5223 — Introduced in House

I 116th CONGRESS 1st Session H. R. 5223 IN THE HOUSE OF REPRESENTATIVES November 21, 2019Mrs. Beatty introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to adjust the affordable housing allocations. 1. Short titles This Act may be cited as the Generating Resources and Opportunities Within Affordable Housing Act or the GROW Affordable Housing Act. 2. Affordable housing allocations Section 1337(a) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4567(a)) is amended by striking 4.2 basis points each place such term appears and inserting 10 basis points.