H. R. 2292
IN THE HOUSE OF REPRESENTATIVES
March 29, 2021
Mrs. Torres of California (for herself, Mr. Takano, Mrs. Hayes, Mrs. Napolitano, Mr. Vela, Ms. Norton, Mr. Hastings, Ms. Lee of California, Mrs. Watson Coleman, Mr. Cohen, Ms. McCollum, Mr. García of Illinois, Mrs. Beatty, Ms. Wilson of Florida, Ms. Titus, and Mr. Levin of California) introduced the following bill; which was referred to the Committee on Financial Services
To amend the Emergency Economic Stabilization Act of 2008 to authorize use of amounts under the Troubled Assets Relief Program to be used for assistance under the Housing Trust Fund, and for other purposes.
This Act may be cited as the
Keep Your Home and Prevent Homelessness Act of 2021.
Use of TARP amounts
The Emergency Economic Stabilization Act of 2008 is amended by inserting after section 110 (12 U.S.C. 5220) the following new section:
Notwithstanding section 115(a), section 120, or any other provision of law, the Secretary may transfer any amounts made available under this title that are not otherwise obligated to the Secretary of Housing and Urban Development for deposit in and use only to provide assistance under the Housing Trust Fund under section 1338 of the Housing and Community Development Act of 1992 (12 U.S.C. 4568).
The table of contents in section 1(b) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5201 note) is amended by inserting after the item relating to section 110 the following new item:
110A. Other assistance.