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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Rent and Mortgage Cancellation Act of 2020

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To suspend obligations of residential renters and mortgagors to make payments during the COVID-19 emergency, and for other purposes.

Actions Overview (1)

Date Actions Overview
04/17/2020Introduced in House

All Actions (2)

Date All Actions
04/17/2020Referred to the House Committee on Financial Services.
Action By: House of Representatives
04/17/2020Introduced in House
Action By: House of Representatives

Cosponsors (30)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services04/17/2020 Referred to

As of 08/09/2020 no related bill information has been received for H.R.6515 - Rent and Mortgage Cancellation Act of 2020

Latest Summary (1)

There is one summary for H.R.6515. View summaries

Shown Here:
Introduced in House (04/17/2020)

Rent and Mortgage Cancellation Act of 2020

This bill provides housing assistance during the COVID-19 (i.e., coronavirus disease 2019) public health emergency.

Specifically, the bill suspends rental and mortgage payments for primary residences for a period lasting until 30 days after the termination of the federal emergency declaration relating to COVID-19. The Department of Housing and Urban Development (HUD) must establish funds to reimburse lessors and lenders for payments suspended under the bill.

In addition, HUD must establish an Affordable Housing Acquisition Fund to support the acquisition of multifamily housing projects by nonprofit organizations, public housing agencies, cooperative housing associations, community land trusts, and state and local governments. For a five-year period, entities that are approved for such assistance shall be provided the first right of purchase with respect to such projects.