American Housing and Economic Mobility Act of 2021

Summary

American Housing and Economic Mobility Act of 2021 This bill addresses housing affordability and availability, makes certain changes to the estate and gift taxes, and contains other related provisions. The Department of Housing and Urban Development shall provide grants to (1) state and local governments that remove unnecessary barriers to building affordable units, (2) states to assist borrowers who have negative equity in their homes, (3) state housing finance agencies to construct or acquire affordable rental housing and prevent tenant displacement and harassment, and (4) eligible individuals (generally, lower income individuals who resided in low-income or historically racially segregated areas) to help them purchase their first homes. The bill provides funding through FY2031 for the first-time homeowner grant program established by the bill, through FY2022 for the affordable rental housing construction program established by the bill, and through FY2022 for specified existing rural housing programs. The bill also expands fair housing protections to prohibit discrimination based on sexual orientation, gender identity, marital status, source of income, veteran status, or an individual's perceived membership in a protected class (e.g., an individual's perceived race or sex). Additionally, the bill modifies the estate tax in various ways, including by reducing the number of brackets to three, increasing the tax rates, and reducing the basic exemption amount. The bill also modifies provisions related to gift taxes and transfer taxes.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 22 April 2021

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, Veterans' Affairs, and Ways and Means, 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.

   Source: IntroReferral

2. 22 April 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 April 2021

   Introduced

   Introduced in House

   Source: IntroReferral

4. 14 July 2021

   Referred

   Referred to the Subcommittee on Economic Opportunity.

   Source: Committee

5. 19 October 2021

   Referred

   Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 22 April 2021 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 22 April 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 22 April 2021

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 22 April 2021

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Cleaver, Emanuel [D-MO-5] · D · Sponsor
• Rep. Khanna, Ro [D-CA-17] · D · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• Rep. García, Jesús G. "Chuy" [D-IL-4] · D · Sponsor
• Rep. Cohen, Steve [D-TN-9] · D · Sponsor
• Rep. Schakowsky, Janice D. [D-IL-9] · D · Sponsor
• Rep. Pressley, Ayanna [D-MA-7] · D · Sponsor
• Rep. Moore, Gwen [D-WI-4] · D · Sponsor
• Rep. Bonamici, Suzanne [D-OR-1] · D · Sponsor
• Rep. Lee, Barbara [D-CA-12] · D · Sponsor
• Rep. Roybal-Allard, Lucille [D-CA-40] · D · Cosponsor
• Rep. Bush, Cori [D-MO-1] · D · Cosponsor
• Rep. Pocan, Mark [D-WI-2] · D · Cosponsor
• Rep. Blumenauer, Earl [D-OR-3] · D · Cosponsor
• · hsju00 · Standing
• · hsvr00 · Standing
• · hswm00 · Standing
• · hsba00 · Standing

Related records

• related to ← American Housing and Economic Mobility Act of 2021