HR 3154 — Homeownership for DREAMers Act

3154 IntroducedReported in House (IH)](RH)] <DOC> 116thUnion CONGRESSCalendar 1stNo. Session H.

155 116th CONGRESS 1st Session H.

3154 To[Report clarifyNo. 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.

116-197] 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.

which was referred to the Committee on Financial Services _______________________________________________________________________September A6, BILL2019 ToAdditional clarifysponsors: 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.

Ms.

Brownley of California, Mr.

Cardenas, Mr.

Peters, and Mr.

Meeks September 6, 2019 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on June 6, 2019] _______________________________________________________________________ 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.

This Act may be cited as the ``Homeownership for DreamersDREAMers Act''.

``(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 onbecause the basis of the status of the mortgagor as a DACA recipientrecipient; if all other eligibility requirements are satisfied;

or ``(B) issue any limited denial of participation in the program for such insurance onbecause the basis 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.''.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.''.

``(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 onbecause the basis of the status of the mortgagor as a DACA recipientrecipient. if all other eligibility requirements are satisfied.

(c) Fannie Mae.--Section 302(b) of the National Housing Act (12 U.S.CU.S.C. 1717(b)) is amended by adding at the end the following:

``(8)1717(b)) DACAis recipientamended eligibility.-- ``(A) In general.--The corporation may not condition purchase of a single-family residence mortgage by theadding corporationat under this subsection on the statusend of the borrowerfollowing: as a DACA recipient if all other eligibility criteria are satisfied.

``(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.

``(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 recipientrecipient. if all other eligibility criteria are satisfied.

<all>Union Calendar No.

155 116th CONGRESS 1st Session H.

R.

3154 [Report No.

116-197] _______________________________________________________________________ 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.

_______________________________________________________________________ September 6, 2019 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed