Housing Stability for Dreamers Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3472 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 3472

  To amend the National Housing Act and title 38, United States Code.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 15, 2025

    Mr. Vargas (for himself, Mr. Aguilar, Ms. Garcia of Texas, Ms. 
 Brownley, Mr. Carbajal, Mr. Castro of Texas, Mr. Garcia of Illinois, 
  Mr. Gomez, Ms. Norton, Mr. Menendez, Ms. Tlaib, Ms. Velazquez, Ms. 
 Ansari, Mr. Peters, and Mr. Thanedar) introduced the following bill; 
   which was referred to the Committee on Financial Services, and in 
  addition to the Committee on Veterans' Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
  To amend the National Housing Act and title 38, United States Code.

    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 ``Housing Stability 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 
                based in whole or in part on the status of the 
                mortgagor as a DACA recipient; or
                    ``(B) issue any limited denial of participation in 
                the program for such insurance based in whole or in 
                part on 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, on 
        the date of the enactment of this Act, is the recipient of 
        deferred action pursuant to the memorandum of the Department of 
        Homeland Security entitled `Exercising Prosecutorial Discretion 
        with Respect to Individuals Who Came to the United States as 
        Children' issued on June 15, 2012'.''.
    (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, on the 
        date of the enactment of this Act, is the recipient of deferred 
        action pursuant to the memorandum of the Department of Homeland 
        Security entitled `Exercising Prosecutorial Discretion with 
        Respect to Individuals Who Came to the United States as 
        Children' issued 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, on the 
        date of the enactment of this Act, is the recipient of deferred 
        action pursuant to the memorandum of the Department of Homeland 
        Security entitled `Exercising Prosecutorial Discretion with 
        Respect to Individuals Who Came to the United States as 
        Children' issued 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, on 
        the date of the enactment of this Act, is the recipient of 
        deferred action pursuant to the memorandum of the Department of 
        Homeland Security entitled `Exercising Prosecutorial Discretion 
        with Respect to Individuals Who Came to the United States as 
        Children' issued on June 15, 2012.''.

SEC. 3. DACA RECIPIENT ELIGIBILITY.

    Section 214(a) of the Housing and Community Development Act of 1980 
(42 U.S.C. 1436a) is amended--
            (1) in paragraph (6), by striking ``or'' at the end;
            (2) in paragraph (7), by striking the period at the end and 
        inserting ``; or''; and
            (3) by adding at the end the following:
            ``(8) an alien who, on the date of the enactment of this 
        Act, is the recipient of deferred action pursuant to the 
        memorandum of the Department of Homeland Security entitled 
        `Exercising Prosecutorial Discretion with Respect to 
        Individuals Who Came to the United States as Children' issued 
        on June 15, 2012.''.

SEC. 4. CLARIFICATION OF ELIGIBILITY OF A VETERAN WHO IS A DACA 
              RECIPIENT FOR A HOUSING LOAN GUARANTEED BY THE SECRETARY 
              OF VETERANS AFFAIRS.

    Section 3702(a) of title 38, United States Code, is amended by 
adding at the end the following new paragraph:
    ``(5) Whether a veteran described in paragraph (2) is a DACA 
recipient (as such term is defined in section 203 of the National 
Housing Act (12 U.S.C. 1709)) shall not affect the veteran's 
entitlement to housing loan benefits under this chapter.''.
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