CARE Act

Summary

Community Assistance for Recovery and Empowerment Act or the CARE Act This bill allows inpatient psychiatric treatment facilities and chemical dependence treatment facilities to qualify for Federal Housing Authority mortgage insurance. The bill establishes the Office of Psychiatric and Addition Treatment Facilities to oversee mortgage insurance provided to these facilities. The bill also specifies that a federally insured loan for improvements to a multifamily housing project or health facility may be used to protect against floods, hurricanes, earthquakes, and other natural disasters. The bill also expands loan insurance for certain energy conservation improvements to include health facility projects.  

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

Timeline

1. 21 September 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 21 September 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 September 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 September 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 September 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 September 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 September 2023

  Open at official source

Sponsors

• Alexander Mooney · R · Sponsor
• Rep. Pettersen, Brittany [D-CO-7] · D · Sponsor
• C. Ruppersberger · D · Cosponsor
• Nancy Mace · R · Cosponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.