Homeownership for DREAMers Act
This bill prohibits federal mortgage providers from limiting insurance eligibility on the basis of the mortgagor's participation in the Deferred Action for Childhood Arrivals Program.
[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 782 Introduced in House (IH)]
<DOC>
117th CONGRESS
1st Session
H. R. 782
To clarify that eligibility of certain mortgages with Federal credit
enhancement may not be conditioned on the status of a mortgagor as a
DACA recipient if all other eligibility criteria are satisfied, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 3, 2021
Mr. Vargas (for himself, Mr. Aguilar, Mrs. Carolyn B. Maloney of New
York, Ms. Garcia of Texas, Mr. Foster, Mr. Garcia of Illinois, Mr.
Meeks, Ms. Velazquez, Mr. Carbajal, Ms. Tlaib, Mrs. Napolitano, Mr.
Blumenauer, Mr. Jones, Mrs. Beatty, Mr. Vicente Gonzalez of Texas, Mr.
McGovern, Mr. Espaillat, Ms. Roybal-Allard, Mr. Castro of Texas, Ms.
Ocasio-Cortez, Ms. Pressley, Mr. Vela, Mr. Torres of New York, Mrs.
Watson Coleman, Ms. Brownley, Mr. San Nicolas, Mr. Soto, Ms. Escobar,
Ms. Lee of California, and Ms. Chu) introduced the following bill;
which was referred to the Committee on Financial Services
_______________________________________________________________________
A BILL
To clarify that eligibility of certain mortgages with Federal credit
enhancement may not be conditioned on the status of a mortgagor as a
DACA recipient if all other eligibility criteria are satisfied, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Homeownership for DREAMers Act''.
SEC. 2. DACA RECIPIENT ELIGIBILITY.
(a) FHA.--Section 203 of the National Housing Act (12 U.S.C. 1709)
is amended by inserting after subsection (h) the following:
``(i) DACA Recipient Eligibility.--
``(1) In general.--The Secretary may not--
``(A) prescribe terms that limit the eligibility of
a single family mortgage for insurance under this title
because of the status of the mortgagor as a DACA
recipient; or
``(B) issue any limited denial of participation in
the program for such insurance because of the status of
the mortgagor as a DACA recipient.
``(2) DACA recipient defined.--For the purposes of this
subsection, the term `DACA recipient' means an alien who, at
any time before, on, or after the date of the enactment of this
subsection, is or was in deferred action status pursuant to the
Deferred Action for Childhood Arrivals (`DACA') Program
announced by the Secretary of Homeland Security on June 15,
2012.
``(3) Exemption.--
``(A) Denial for failure to satisfy valid
eligibility requirements.--Nothing in this title
prohibits the denial of insurance based on failure to
satisfy valid eligibility requirements.
``(B) Invalid eligibility requirements.--Valid
eligibility requirements do not include criteria that
were adopted with the purpose of denying eligibility
for insurance because of race, color, religion, sex,
familial status, national origin, disability, or the
status of a mortgagor as a DACA recipient.''.
(b) Rural Housing Service.--Section 501 of the Housing Act of 1949
(42 U.S.C. 1472) is amended by adding at the end the following:
``(k) DACA Recipient Eligibility.--
``(1) In general.--The Secretary may not prescribe terms
that limit eligibility for a single family mortgage made,
insured, or guaranteed under this title because of the status
of the mortgagor as a DACA recipient.
``(2) DACA recipient defined.--For the purposes of this
paragraph, the term `DACA recipient' means an alien who, at any
time before, on, or after the date of the enactment of this
paragraph, is or was in deferred action status pursuant to the
Deferred Action for Childhood Arrivals (`DACA') Program
announced by the Secretary of Homeland Security on June 15,
2012.''.
(c) Fannie Mae.--Section 302(b) of the National Housing Act (12
U.S.C. 1717(b)) is amended by adding at the end the following:
``(8) DACA recipient eligibility.--
``(A) In general.--The corporation may not
condition purchase of a single-family residence
mortgage by the corporation under this subsection on
the status of the borrower as a DACA recipient.
``(B) DACA recipient defined.--For the purposes of
this paragraph, the term `DACA recipient' means an
alien who, at any time before, on, or after the date of
the enactment of this paragraph, is or was in deferred
action status pursuant to the Deferred Action for
Childhood Arrivals (`DACA') Program announced by the
Secretary of Homeland Security on June 15, 2012.''.
(d) Freddie Mac.--Section 305(a) of the Federal Home Loan Mortgage
Corporation Act (12 U.S.C. 1454) is amended by adding at the end the
following:
``(6) DACA recipient eligibility.--
``(A) In general.--The Corporation may not
condition purchase of a single-family residence
mortgage by the corporation under this subsection on
the status of the borrower as a DACA recipient.
``(B) DACA recipient defined.--For the purposes of
this subsection, the term `DACA recipient' means an
alien who, at any time before, on, or after the date of
the enactment of this subsection, is or was in deferred
action status pursuant to the Deferred Action for
Childhood Arrivals (`DACA') Program announced by the
Secretary of Homeland Security on June 15, 2012.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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