,,ii  #aah? ,,congress  #b;d ,session   
,s4 #cicj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #ab1 #bjbd,mr4    
,w>nock 7= himself1 ,ms4 ,butl]1 ,mr4   
,br[n1 & ,mr4 ,van ,holl57 introduc$ !  
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,a ,,bill  ,to provide 
d[npaym5t assi/ance to fir/-g5]ation    
homebuy]s to address multig5]ational    
inequities 9 access to home[n]%ip & to  
n>r[ & ultimately close ! racial        
home[n]%ip gap 9 ! ,unit$ ,/ates1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,d[npaym5t ,t[>d       
,equity ,act ( #bjbd4  #b4 ,def9itions  
,9 ?is section3 7#a7 ,affirmatively     
fur!r fair h\s+ ,! t]m affirmatively    
fur!r fair h\s+ has ! same mean+ z def9$
 by ! ,secret>y to implem5t section     
#hjh7;e77#e7 ( ! ,fair ,h\s+ ,act 7#db  
,u4,s4,c4 #cfjh7;e77#e774  7#b7         
,eligible entity ,! t]m eligible entity 
means-- 7,a7 a m9ority depository       
in/itution1 z def9$ 9 section #cjh ( !  

,f9ancial ,in/itutions ,re=m1 ,recov]y1 
& ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 
#adfc note72  7,b7 a community          
developm5t f9ancial in/itution1 z def9$ 
9 section #ajc ( ! ,riegle ,community   
,developm5t & ,regulatory ,improvem5t   
,act ( #aiid 7#ab ,u4,s4,c4 #dgjb71 t is
 c]tifi$ by ! ,secret>y ( ! ,treasury & 
t>gets s]vices to m9ority & l[-income   
populations or provides s]vices 9       
neighborhoods hav+ high conc5trations ( 
m9ority & l[-income populations2  7,c7  
any o!r nonpr(it1 mission-driv5 entity t
 ! ,secret>y f9ds has a track record (  
provid+ assi/ance to home[n]s1 t>gets   
s]vices to m9ority & l[-income          
populations1 or provides s]vices 9      
neighborhoods hav+ high conc5trations ( 
m9ority & l[-income populations2 &  7,d7
 a unit ( g5]al local gov]nm5t1 z def9$ 
9 section #ajb ( ! ,h\s+ & ,community   
,developm5t ,act ( #aigd 7#db ,u4,s4,c4 
#ecjb74  7#c7 ,eligible home ,! t]m     
eligible home means a resid5tial dwell+1
 includ+ a unit 9 a condom9ium or       

coop]ative project or a manufactur$ h\s+
 unit1 t meets ! requirem5ts ( section  
#e4  7#d7 ,eligible mortgage loan ,! t]m
 eligible mortgage loan means a         
resid5tial mortgage loan t meets !      
requirem5ts ( section #f4  7#e7         
,fir/-g5]ation homebuy] ,! t]m          
fir/-g5]ation homebuy] means a homebuy] 
t is-- 7,a7 an individual-- 7i7 ^: p>5ts
 or legal gu>dians d n1 or did n at ! "t
 ( _! dea?1 to ! be/ ( ! individual's k1
 h any pres5t own]%ip int]e/ 9 a        
resid5ce 9 any ,/ate1 exclud+ own]%ip ( 
heir prop]ty or own]%ip ( *attel2 &     
7ii7 ^: sp\se or dome/ic p>tn] has n1   
dur+ ! #c-ye> p]iod end+ ^u acquisition 
( ! eligible home to be acquir$ us+ su* 
assi/ance1 _h any pres5t own]%ip int]e/ 
9 a resid5ce 9 any ,/ate1 exclud+       
own]%ip ( heir prop]ty or own]%ip (     
*attel1 :e!r ! individual is a co-borr[]
 on ! loan or n2 or  7,b7 an individual 
:o has at any "t be5 plac$ 9 fo/] c>e or
 in/itutional c>e ^: sp\se or dome/ic   
p>tn] has n1 dur+ ! #c-ye> p]iod end+ ^u

 acquisition ( ! eligible home to be    
acquir$ us+ su* assi/ance1 _h any       
own]%ip int]e/ 9 a resid5ce 9 any ,/ate1
 exclud+ own]%ip ( heir prop]ty or      
own]%ip ( *attel1 :e!r su* individuals  
are co-borr[]s on ! loan or n4  7#f7    
,heir prop]ty ,! t]m heir prop]ty means 
resid5tial prop]ty = :i* title pass$ by 
op]ation ( law ?r\gh inte/acy & is held 
by #b or m heirs z t5ants 9 common4     
7#g7 ,own]%ip int]e/ ,! t]m own]%ip     
int]e/ means any own]%ip1 exclud+ any   
int]e/ 9 heir prop]ty1 9-- 7,a7 real    
e/ate 9 fee simple2  7,b7 a leasehold on
 real e/ate "u a lease = n less ?an #ii 
ye>s :i* is r5ewable2 or  7,c7 a fee    
int]e/ 91 or long-t]m leasehold int]e/  
91 real e/ate consi/+ ( a #a-;family    
unit 9 a multifamily project1 includ+ a 
project 9 :i* ! dwell+ units are atta*$1
 or are manufactur$ h\s+ units1         
semi-deta*$1 or deta*$1 & an undivid$   
int]e/ 9 ! common areas & facilities :i*
 s]ve ! project4  7#h7 ,qualifi$        
homebuy] ,! t]m qualifi$ homebuy]-- 7,a7

 means a homebuy] :o meets ! requirem5ts
 ( section #d2 &  7,b7 includes         
homebuy]s consi/+ ( multiple            
individuals1 co-pur*as]s1 & multi-memb] 
h\seholds4  7#i7 ,secret>y ,! t]m       
,secret>y means ! ,secret>y ( ,h\s+ &   
,urban ,developm5t4  7#aj7 ,%>$ equity  
home[n]%ip program ,! t]m %>$ equity    
home[n]%ip program means af=dable       
home[n]%ip pres]vation ?r\gh a resale   
re/riction program adm9i/]$ by a        
community l& tru/1 o!r nonpr(it         
organization1 or ,/ate or local gov]nm5t
 or in/rum5talities4  7#aa7 ,socially & 
economically disadvantag$ individual ,! 
t]m socially & economically disadvantag$
 individual means an individual :o meets
 ! foll[+ requirem5ts3 7,a7 ,social     
disadvantage  7i7 ,9 g5]al ,! individual
 is a memb] ( a socially disadvantag$   
gr\p1 ^: memb]s h hi/orically be5       
subject$ to racial or e?nic             
discrim9ation )9 ! ,unit$ ,/ates because
 ( _! id5tity z memb]s ( su* gr\p )\t   
reg>d to _! individual qualities4  7ii7 

,presumption2 rebuttal ,an individual   
id5tify+ z ,black1 ,hispanic1 ,native   
,am]ican1 or ,asian ,am]ican1 or any    
comb9ation !re(1 %all be presum$ to be  
socially disadvantag$ = purposes (      
clause 7i74 ,su* presumption may be     
rebutt$ ) cr$ible evid5ce to ! contr>y4 
7iii7 ,burd5 ( pro( ,an individual :o   
does n id5tify z describ$ 9 clause 7ii7 
%all be requir$ to e/abli% individual   
social disadvantage = purposes ( clause 
7i7 by a prepond]ance ( ! evid5ce4  7iv7
 ,rules ,! ,secret>y may issue          
regulations z necess>y to e/abli%       
proc$ures = comply+ ) ?is subp>agraph4  
7,b7 ,economic disadvantage ,!          
individual has an income t meets !      
requirem5ts "u section #d7;a74  7#ab7   
,/ate ,! t]m ,/ate means any ,/ate ( !  
,unit$ ,/ates1 ! ,di/rict ( ,columbia1 !
 ,commonweal? ( ,pu]to ,rico1 ! ,unit$  
,/ates ,virg9 ,isl&s1 ,guam1 !          
,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1
 ,am]ican ,samoa1 & ! tribal gov]nm5t ( 
any ,indian tribe1 z def9$ 9 section #d 

( ! ,native ,am]ican ,h\s+ ,assi/ance & 
,self-,det]m9ation ,act ( #aiif 7#be    
,u4,s4,c4 #dajc74  #c4 ,fir/-g5]ation   
d[npaym5t assi/ance program  7a7        
,e/abli%m5t ,! ,secret>y %all c>ry out a
 program "u ?is ,act to provide grants  
to ,/ates & eligible entities to provide
 f9ancial assi/ance "u ?is section to   
fir/-g5]ation homebuy]s to assi/ !m )   
acquir+ own]-occupi$ prim>y resid5ces4  
7b7 ,allocation ,aft] res]v+ am\nts z   
requir$ "u sections #g7;d7 & #i7;b71 any
 rema9+ am\nts made available to c>ry   
out ?is ,act %all be allocat$ z foll[s3 
7#a7 ,/ates #ge p]c5t ( su* am\nts %all 
be allocat$ among ,/ates 9 accordance ) 
a =mula e/abli%$ by ! ,secret>y1 :i*    
%all-- 7,a7 take into consid]ation ! be/
 available data to provide m fund+ to   
,/ates ) a high] approximate numb] (    
pot5tial qualifi$ homebuy]s2 &  7,b7 be 
adju/$ to reflect m$ian area home       
prices4  7#b7 ,eligible entities #be    
p]c5t ( su* am\nts %all be made         
available only to eligible entities on a

 competitive basis4  7c7 ,assi/ance     
,am\nts f a grant "u ?is ,act %all be   
us$ only to provide assi/ance-- 7#a7 on 
behalf ( a qualifi$ homebuy]2 &  7#b7   
=-- 7,a7 co/s 9 connection ) !          
acquisition1 involv+ an eligible        
mortgage loan1 ( an eligible home1      
includ+ d[npaym5t co/s1 clos+ co/s1 &   
co/s to r$uce ! rates ( int]e/ on       
eligible mortgage loans2  7,b7 subsidies
 to make %>$ equity homes af=dable to   
homebuy]s by disc\nt+ ! price = :i* !   
home w be sold & to pres]ve !           
af=dability ( ! home = subsequ5t        
homebuy]s2 &  7,c7 pre-occupancy home   
modifications requir$ to accommodate    
qualifi$ homebuy]s or memb]s ( _!       
h\sehold ) disabilities4  7d7 ,am\nt ,a 
grant ( assi/ance "u ?is ,act-- 7#a7 may
 be provid$ on behalf ( any qualifi$    
homebuy] only once2 &  7#b7 may n exce$ 
! great] ( #bj1jjj or #aj p]c5t ( !     
pur*ase price 9 ! case ( a qualifi$     
homebuy]1 n to include assi/ance receiv$
 "u subsection 7c77#b77;,c7 = disability

 relat$ home modifications1 except t !  
,secret>y may increase su* maximum      
limitation am\nts-- 7,a7 = qualifi$     
homebuy]s :o are socially & economically
 disadvantag$2 or  7,b7 9 ! case (      
qualifi$ homebuy]s acquir+ resid5ces    
locat$ 9 high-co/ areas1 z det]m9$ bas$ 
on m$ian home prices or prices (        
resid5ces "u a %>$ equity home[n]%ip    
program4  7e7 ,lay]+ ( assi/ance        
,assi/ance f grant am\nts "u ?is ,act   
may be provid$ on behalf ( a qualifi$   
homebuy] :o is receiv+ assi/ance f o!r  
s\rces1 includ+ o!r ,/ate1 ,f$]al1      
local1 private1 public1 & nonpr(it      
s\rces1 = acquisition ( an eligible     
home4  7f7 ,/ate adm9i/ration  7#a7 ,9  
,g5]al ,! ,secret>y %all require t ea*  
,/ate receiv+ grant am\nts "u ?is ,act  
adm9i/] ! program to provide assi/ance )
 su* am\nts ?r\gh ! ,/ate h\s+ f9ance   
ag5cy = ! ,/ate or su* o!r h\s+ ag5cy ( 
! ,/ate z ! ,secret>y f9ds appropriate1 
except t any su* ag5cy may1 at ! option 
( ! ag5cy1 contract ) a nonpr(it entity1

 includ+ a h\s+ c\nsel+ ag5cy approv$ by
 ! ,secret>y1 to adm9i/] su* assi/ance4 
7#b7 ,affirmatively fur!r+ fair h\s+ ,= 
a ,/ate to be eligible = a grant "u ?is 
,act1 ! ,/ate %all be 9 compliance ) !  
,secret>y's regulations implem5t+ !     
requirem5t to affirmatively fur!r fair  
h\s+4  7#c7 ,prohibition ( priority or  
rec\pm5t ( funds ,9 select+ qualifi$    
homebuy]s = assi/ance ) grant am\nts "u 
?is ,act1 a ,/ate or eligible entity may
 n-- 7,a7 provide any priority or       
pref]5ce = homebuy]s :o are acquir+     
eligible homes ) a mortgage loan made1  
insur$1 gu>ante$1 or o!rwise assi/$ by !
 ,/ate h\s+ f9ance ag5cy = ! ,/ate1 any 
o!r h\s+ ag5cy ( ! ,/ate1 or an eligible
 entity :5 applicable2 or  7,b7 seek to 
rec\p any funds associat$ ) ! provision 
( d[npaym5t assi/ance to ! qualifi$     
homebuy]1 :e!r ?r\gh premium pric+ or   
o!rwise1 except z provid$ 9 subsection  
7g7 or o!rwise au?oriz$ by ! ,secret>y4 
7g7 ,recapture & reallocation ,!        
,secret>y %all require *anges 9 a       

grantee's policy or di/ribution ( funds 
or recapture any am\nts rema9+ available
 to a grantee1 & reallocate su* funds   
among o!r ,/ates & eligible entities1 if
 ! ,secret>y det]m9es 9 8 or h] sole    
discretion t-- 7#a7 a ,/ate or eligible 
entity-- 7,a7 has n demon/rat$ !        
capacity to exp5d grant funds 9 a timely
 mann] t fur!rs ! purposes "u ?is ,act2 
or  7,b7 is di/ribut+ or plans to       
di/ribute grant funds 9 a mann] t       
results or w pr$ictably result 9        
qualifi$ homebuy]s f racial or e?nic    
gr\ps t h fac$ hi/oric ob/acles to      
home[n]%ip fail+ to receive ! b5efits ( 
su* funds 9 proportion to _! population 
among qualifi$ homebuy]s 9 ! relevant   
area2 or  7#b7 !re is insuffici5t dem&  
among qualifi$ eligible entities to     
di/ribute funds4  7h7 ,uni=mity &       
program /&>dization ,! ,secret>y %all   
e/abli% a uni=m set ( requirem5ts to :i*
 ea* ,/ate & eligible entity receiv+    
grant am\nts "u ?is ,act %all comply4   
#d4 ,qualifi$ homebuy]s  7a7            

,requirem5ts ,assi/ance f grant am\nts  
"u ?is ,act may be provid$ only on      
behalf ( a homebuy] :o meets all ( !    
foll[+ requirem5ts3 7#a7 ,income ,!     
h\sehold ( ! homebuy] has an income t   
does n exce$-- 7,a7 #abj p]c5t ( m$ian  
income = ! area 7z det]m9$ by !         
,secret>y7 )9 :i*-- 7i7 ! eligible home 
to be acquir$ us+ su* assi/ance is      
locat$2 or  7ii7 ! place ( resid5ce ( ! 
homebuy] is locat$2 or  7,b7 9 ! case ( 
a homebuy] acquir+ an eligible home t is
 locat$ 9 a high-co/ area1 z det]m9$ by 
! ,secret>y1 #adj p]c5t ( ! m$ian income
 = ! area )9 :i* ! eligible home to be  
acquir$ us+ su* assi/ance is locat$4    
7#b7 ,fir/-"t homebuy] ,! homebuy]1 z   
self-atte/$ by ! homebuy]1 is a fir/-"t 
homebuy]1 z def9$ 9 section #ajd ( !    
,cran/on ,gonzalez ,national ,af=dable  
,h\s+ ,act 7#db ,u4,s4,c4 #abgjd71      
except t-- 7,a7 = ! purposes ( ?is ,act 
! ref]5ce 9 su* section #ajd to title   
,,ii %all be consid]$ to ref] to ?is    
,act2 &  7,b7 own]%ip ( heir prop]ty    

%all n be treat$ z own+ a home =        
purposes ( det]m9+ :e!r a borr[]        
qualifies z a fir/-"t homebuy]4  7#c7   
,fir/-g5]ation homebuy] ,! homebuy]1 z  
self-atte/$ by ! homebuy]1 is a         
fir/-g5]ation homebuy]4  7b7 ,reliance  
on borr[] atte/ations ,no additional    
docum5tation beyond ! borr[]'s          
atte/ation %all be requir$ to demon/rate
 eligibility "u p>agraphs 7#b7 & 7#c7 ( 
subsection 7a71 & no cr$itor %all be    
subject to liability1 includ+ monet>y   
p5alties or requirem5ts to indemnify a  
,f$]al ag5cy or repur*ase a loan t has  
be5 sold or securitiz$1 = ! provision ( 
d[npaym5t assi/ance "u ?is ,act to a    
borr[] :o does n meet ! eligibility     
requirem5ts if ! cr$itor does s 9 good  
fai? reliance on borr[] atte/ations (   
eligibility requir$ by ?is ,act or      
regulation4  #e4 ,eligible homes  7a7 ,9
 g5]al ,assi/ance f grant am\nts "u ?is 
,act may be provid$ only 9 connection ) 
! acquisition by a qualifi$ homebuy] ( a
 resid5tial prop]ty t-- 7#a7 consi/s (  

#a to #d dwell+ units2 &  7#b7 w be     
occupi$ by ! qualifi$ homebuy]1 9       
accordance ) su* assurances & commitm5ts
 z ! ,secret>y %all require1 z ! prim>y 
resid5ce ( ! homebuy]1 subject to       
section #d4  7b7 ,repaym5t ( assi/ance  
7#a7 ,requirem5t ,! ,secret>y %all      
require t1 if a homebuy] to or on behalf
 ( :om assi/ance is provid$ f grant     
am\nts "u ?is ,act fails or ceases to   
occupy ! prop]ty acquir$ us+ su*        
assi/ance z ! prim>y resid5ce ( !       
homebuy]1 except 9 ! case ( assi/ance   
provid$ 9 connection ) ! pur*ase ( a    
pr9cipal resid5ce ?r\gh a %>$ equity    
home[n]%ip program1 ! homebuy] %all     
repay to ! ,/ate or eligible entity1 z  
applicable1 9 a proportional am\nt ( !  
assi/ance ! homebuy] receives bas$ on ! 
numb] ( ye>s !y h occupi$ ! eligible    
home up to #e ye>s1 except t no         
assi/ance %all be repaid if ! qualifi$  
homebuy] occupies ! eligible home z a   
prim>y resid5ce = #e ye>s or m4  7#b7   
,limitation ,not)/&+ subp>agraph 7,a71 a

 homebuy] to or on behalf ( :om         
assi/ance is provid$ f grant am\nts "u  
?is ,act %all n be liable to ! ,/ate or 
eligible entity = ! repaym5t ( ! am\nt (
 su* %ortage if ! homebuy] fails or     
ceases to occupy ! prop]ty acquir$ us+  
su* assi/ance z ! pr9cipal resid5ce ( ! 
homebuy] at lea/ 9 "p because ( a       
h>d%ip1 or sells ! prop]ty acquir$ ) su*
 assi/ance be=e ! expiration ( !        
#fj-mon? p]iod beg9n+ on su* date (     
acquisition & ! capital ga9s f su* sale 
to a bona fide pur*as] 9 an arm's l5g?  
transaction are less ?an ! am\nt !      
homebuy] is requir$ to repay ! ,/ate or 
eligible entity "u subp>agraph 7,a74    
#f4 ,eligible mortgage loans ,assi/ance 
f grant am\nts "u ?is ,act may be       
provid$ only 9 connection ) !           
acquisition ( an eligible home involv+ a
 resid5tial mortgage loan t-- 7#a7 meets
 ! und]writ+ requirem5ts & doll> am\nt  
limitations = acquisition by ! ,f$]al   
,national ,mortgage ,association or !   
,f$]al ,home ,loan ,mortgage            

,corporation2  7#b7 is made1 insur$1 or 
gu>ante$ "u any program adm9i/]$ by !   
,secret>y2  7#c7 is made1 insur$1 or    
gu>ante$ by ! ,dep>tm5t ( ,agriculture2 
7#d7 is a qualifi$ mortgage1 z def9$ 9  
section #abi;,c7b77#b7 ( ! ,tru? 9 ,l5d+
 ,act 7#ae ,u4,s4,c4 #afci;c7b77#b772 or
  7#e7 is gu>ante$ = ! b5efit ( a       
vet]an4  #g4 ,h\s+ c\nsel+ requirem5t   
7a7 ,9 g5]al ,except z provid$ pursuant 
to section #d1 assi/ance ) grant am\nts 
"u ?is ,act may n be provid$ on behalf (
 qualifi$ homebuy] unless su* homebuy]  
has complet$ a program ( c\nsel+ )      
respect to ! responsibilities & f9ancial
 managem5t involv$ 9 home[n]%ip be=e    
ent]+ into a sales pur*ase agreem5t or  
loan application1 except z provid$ "u   
subsection 7c71 z ! ,secret>y %all      
require1 provid$ ?r\gh a c\nsel+ ag5cy  
approv$ by ! ,secret>y4 ,su* program may
 be deliv]$ 9-p]son1 virtually1 by      
telephone1 or any o!r me?od ! ,secret>y 
det]m9es acceptable & %all include      
provid+ in=mation on fair h\s+ rights & 

on ! availability ( po/-pur*ase h\s+    
c\nsel+ opportunities & in/ruction on h[
 to file a fair h\s+ compla9t4  7b7     
,alt]native requirem5t ,! ,secret>y %all
 provide t if a qualifi$ homebuy] is    
unable to complete ! requirem5t "u      
subsection 7a7 )9 #cj days due to h\s+  
c\nsel+ ag5cy capacity issues1 a ,/ate  
or eligible entity may all[ su* qualifi$
 homebuy] to complete alt]native        
homebuy] education to fulfill !         
requirem5t "u subsection 7a71 includ+   
homebuy] education t is provid$ ?r\gh an
 onl9e plat=m1 & su* qualifi$ homebuy]  
%all be made aw>e ( ! availability (    
po/-pur*ase h\s+ c\nsel+ opportunities4 
7c7 ,ref]ral ^u mortgage d5ial ,!       
,secret>y %all require t any qualifi$   
homebuy] :o has complet$ a c\nsel+      
program ref]r$ to 9 subsection 7a7 or   
alt]native requirem5t pursuant to       
subsection 7b71 :o receives a commitm5t 
= assi/ance ) grant am\nts "u ?is ,act &
 :o applies = an eligible mortgage loan 
= acquisition ( an eligible home & is   

d5i$ su* mortgage loan1 %all be ref]r$  
to a c\nsel+ ag5cy describ$ 9 subsection
 7a7 = c\nsel+ relat+ to su* d5ial & =  
re-qualification4 ,an eligible homebuy] 
may be re-qualifi$ at lea/ #a additional
 "t 9 a cal5d> ye>1 or m z det]m9$ by ! 
,secret>y4  7d7 ,fund+ ,( any am\nts    
appropriat$ to c>ry out ?is ,act1 !     
,secret>y %all use n less ?an #e p]c5t =
 co/s ( provid+ c\nsel+ ref]r$ to 9     
subsection 7a74  #h4 ,adm9i/rative co/s 
,/ates & eligible entities receiv+ grant
 am\nts "u ?is ,act may use a portion ( 
su* am\nts = adm9i/rative co/s up to !  
limit specifi$ by ! ,secret>y4  #i4     
,reports  7a7 ,annual report  7#a7 ,9   
g5]al ,= ea* fiscal ye> dur+ :i* !      
,secret>y makes grants "u ?is ,act1 !   
,secret>y %all submit to ,congress1 &   
make publicly available onl9e 9 an      
easily accessible location on ! website 
( ! ,dep>tm5t ( ,h\s+ & ,urban          
,developm5t1 a report t %all include--  
7,a7 demographic in=mation reg>d+       
applicants = & recipi5ts ( assi/ance    

provid$ pursuant to ?is ,act1 includ+   
race1 e?nicity1 & g5d]2  7,b7 in=mation 
reg>d+ ! types & am\nt ( assi/ance      
provid$1 includ+ d[npaym5t assi/ance1   
assi/ance ) clos+ co/s1 & assi/ance to  
r$uce mortgage loan int]e/ rates2 &     
7,c7 in=mation reg>d+ prop]ties acquir$ 
us+ su* assi/ance1 includ+ location1    
prop]ty value1 prop]ty type1 & fir/     
mortgage type & inve/or4  7#b7          
,disaggregation ,all data includ$ 9 an  
report requir$ "u p>agraph 7#a7 %all be 
disaggregat$ by ,,zip ,code or c5sus    
tract level1 :i*ev] is mo/ feasible1 &  
demographic in=mation1 includ+ race1    
e?nicity1 & g5d]1 & any o!r data po9ts !
 ,secret>y deems appropriate especially 
to obs]ve equitable outcomes to ensure !
 grant program is affirmatively fur!r+  
fair h\s+4  7b7 ,capacity build+  7#a7  
,9 g5]al ,( any am\nts appropriat$ to   
c>ry out ?is ,act1 ! ,secret>y %all use 
n m ?an #a p]c5t to assi/ ,/ates &      
eligible entities to develop capacity to
 meet ! report+ requirem5ts "u          

subsection 7a74  7#b7 ,consultation ,!  
,secret>y %all enc\rage ,/ates &        
eligible entities to consult )          
community-bas$ & nonpr(it organizations 
t h z _! mission to advance fair h\s+ & 
fair l5d+4  7c7 ,privacy requirem5ts    
7#a7 ,9 g5]al ,ea* ,/ate & eligible     
entity t receives a grant "u ?is ,act   
%all e/abli% data privacy & security    
requirem5ts = ! in=mation describ$ 9    
subsection 7a7 t-- 7,a7 include         
appropriate measures to ensure t !      
privacy ( ! individuals & h\seholds is  
protect$2  7,b7 provide t ! in=mation1  
includ+ any p]sonally id5tifiable       
in=mation1 is collect$ & us$ only = !   
purpose ( submitt+ reports "u subsection
 7a72 &  7,c7 provide confid5tiality    
protections = data collect$ ab\t any    
individuals :o are survivors ( intimate 
p>tn] viol5ce1 sexual assault1 or /alk+4
  7#b7 ,/ati/ical rese>*  7,a7 ,9 g5]al 
,! ,secret>y-- 7i7 may provide full &   
unr$act$ in=mation provid$ "u subsection
 7a71 includ+ p]sonally id5tifiable     

in=mation1 = /ati/ical rese>* purposes 9
 accordance ) exi/+ law2 &  7ii7 may    
collect & make available = /ati/ical    
rese>*1 at ! c5sus tract level1         
in=mation collect$ "u p>agraph 7#a74    
7,b7 ,application ( privacy requirem5ts 
,a recipi5t ( in=mation "u subp>agraph  
7,a7 %all e/abli% = su* in=mation ! data
 privacy & security requirem5ts describ$
 9 p>agraph 7#a74  #aj4 ,compell+ int]e/
 /udy  7a7 ,9 g5]al ,! ,secret>y1 9     
consultation ) ! ,attorney ,g5]al1 %all 
survey & compile evid5ce to det]m9e :e!r
 or n !re is a suffici5t hi/ory (       
discrim9ation 9 h\s+ &1 if s1 !         
appropriate rem$y to r$ress su* hi/oric 
discrim9ation4  7b7 ,recomm5dations ,!  
,secret>y %all make conclusions &       
recomm5dations bas$ on ! evid5ce compil$
 "u subsection 7a7 & provide ,/ates &   
eligible entities grant$ aw>ds "u ?is   
,act an opportunity to modify _!        
programs = assi/ance "u ?is ,act accord+
 to su* recomm5dations4  #aa4           
,implem5tation ,! ,secret>y %all h !    

au?ority to e/abli% by notice or        
mortgagee lett] any requirem5ts t !     
,secret>y det]m9es are necess>y = timely
 & effective implem5tation ( ! grant    
program "u ?is ,act & ! exp5diture (    
funds appropriat$1 :i* requirem5ts %all 
take effect ^u issuance4  #ab4          
,au?orization ( appropriations ,!re is  
au?oriz$ to be appropriat$ = grants "u  
?is ,act #ajj1jjj1jjj1jjj1 & any am\nts 
appropriat$ pursuant to ?is section %all
 rema9 available until exp5d$4