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GROW Affordable Housing Act
house
senate
president
Introduced on November 22, 2024 by
Joyce Beatty
Legislation Details
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Last updated 12/18/2024
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.
Adjusts the affordable housing allocations specified in the Act.
Increases the allocation from “4.2 basis points” to “10 basis points.”
Aims to enhance resources and opportunities within affordable housing.