Homeownership for DREAMers Act

IB Union Calendar No. 155 116TH CONGRESS 1ST SESSION H. R. 3154 [Report No. 116–197] To clarify that eligibility of certain mortgages with Federal credit enhance- ment may not be conditioned on the status of a mortgagor as a DACA recipient if all other eligibility criteria are satisfied, and for other pur- poses. IN THE HOUSE OF REPRESENTATIVES JUNE 6, 2019 Mr. VARGAS (for himself, Ms. TLAIB, Ms. GARCIA of Texas, Mrs. CAROLYN B. MALONEY of New York, Mr. GONZALEZ of Texas, Mr. ESPAILLAT, Mrs. NAPOLITANO, Mr. CARBAJAL, Mr. CORREA, Ms. PRESSLEY, Mr. FOSTER, Ms. LEE of California, Mr. HIMES, Mr. GRIJALVA, Ms. MUCARSEL-POWELL, Ms. OCASIO-CORTEZ, Mr. GARCI´A of Illinois, Mr. SOTO, Ms. ESCOBAR, Mr. CISNEROS, Ms. ROYBAL-ALLARD, Mr. GOMEZ, Mr. CASTRO of Texas, and Mr. HECK) introduced the following bill; which was referred to the Committee on Financial Services SEPTEMBER 6, 2019 Additional sponsors: Ms. BROWNLEY of California, Mr. CA´RDENAS, 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] VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6652 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 2 •HR 3154 RH 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. VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6652 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 3 •HR 3154 RH Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Homeownership for 4 DREAMers Act’’. 5 SEC. 2. DACA RECIPIENT ELIGIBILITY. 6 (a) FHA.—Section 203 of the National Housing Act 7 (12 U.S.C. 1709) is amended by inserting after subsection 8 (h) the following: 9 ‘‘(i) DACA RECIPIENT ELIGIBILITY.— 10 ‘‘(1) IN GENERAL.—The Secretary may not— 11 ‘‘(A) prescribe terms that limit the eligi- 12 bility of a single family mortgage for insurance 13 under this title because of the status of the mort- 14 gagor as a DACA recipient; or 15 ‘‘(B) issue any limited denial of participa- 16 tion in the program for such insurance because 17 of the status of the mortgagor as a DACA recipi- 18 ent. 19 ‘‘(2) DACA RECIPIENT DEFINED.—For the pur- 20 poses of this subsection, the term ‘DACA recipient’ 21 means an alien who, at any time before, on, or after 22 the date of the enactment of this subsection, is or was 23 in deferred action status pursuant to the Deferred Ac- 24 tion for Childhood Arrivals (‘DACA’) Program an- 25 VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6203 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 4 •HR 3154 RH nounced by the Secretary of Homeland Security on 1 June 15, 2012. 2 ‘‘(3) EXEMPTION.— 3 ‘‘(A) DENIAL FOR FAILURE TO SATISFY 4 VALID ELIGIBILITY REQUIREMENTS.—Nothing in 5 this title prohibits the denial of insurance based 6 on failure to satisfy valid eligibility require- 7 ments. 8 ‘‘(B) INVALID ELIGIBILITY REQUIRE- 9 MENTS.—Valid eligibility requirements do not 10 include criteria that were adopted with the pur- 11 pose of denying eligibility for insurance because 12 of race, color, religion, sex, familial status, na- 13 tional origin, disability, or the status of a mort- 14 gagor as a DACA recipient.’’. 15 (b) RURAL HOUSING SERVICE.—Section 501 of the 16 Housing Act of 1949 (42 U.S.C. 1472) is amended by add- 17 ing at the end the following: 18 ‘‘(k) DACA RECIPIENT ELIGIBILITY.— 19 ‘‘(1) IN GENERAL.—The Secretary may not pre- 20 scribe terms that limit eligibility for a single family 21 mortgage made, insured, or guaranteed under this 22 title because of the status of the mortgagor as a DACA 23 recipient. 24 VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6203 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 5 •HR 3154 RH ‘‘(2) DACA RECIPIENT DEFINED.—For the pur- 1 poses of this paragraph, the term ‘DACA recipient’ 2 means an alien who, at any time before, on, or after 3 the date of the enactment of this paragraph, is or was 4 in deferred action status pursuant to the Deferred Ac- 5 tion for Childhood Arrivals (‘DACA’) Program an- 6 nounced by the Secretary of Homeland Security on 7 June 15, 2012.’’. 8 (c) FANNIE MAE.—Section 302(b) of the National 9 Housing Act (12 U.S.C. 1717(b)) is amended by adding at 10 the end the following: 11 ‘‘(8) DACA RECIPIENT ELIGIBILITY.— 12 ‘‘(A) IN GENERAL.—The corporation may 13 not condition purchase of a single-family resi- 14 dence mortgage by the corporation under this 15 subsection on the status of the borrower as a 16 DACA recipient. 17 ‘‘(B) DACA RECIPIENT DEFINED.—For the 18 purposes of this paragraph, the term ‘DACA re- 19 cipient’ means an alien who, at any time before, 20 on, or after the date of the enactment of this 21 paragraph, is or was in deferred action status 22 pursuant to the Deferred Action for Childhood 23 Arrivals (‘DACA’) Program announced by the 24 VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6203 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 6 •HR 3154 RH Secretary of Homeland Security on June 15, 1 2012.’’. 2 (d) FREDDIE MAC.—Section 305(a) of the Federal 3 Home Loan Mortgage Corporation Act (12 U.S.C. 1454) is 4 amended by adding at the end the following: 5 ‘‘(6) DACA RECIPIENT ELIGIBILITY.— 6 ‘‘(A) IN GENERAL.—The Corporation may 7 not condition purchase of a single-family resi- 8 dence mortgage by the corporation under this 9 subsection on the status of the borrower as a 10 DACA recipient. 11 ‘‘(B) DACA RECIPIENT DEFINED.—For the 12 purposes of this subsection, the term ‘DACA re- 13 cipient’ means an alien who, at any time before, 14 on, or after the date of the enactment of this sub- 15 section, is or was in deferred action status pur- 16 suant to the Deferred Action for Childhood Ar- 17 rivals (‘DACA’) Program announced by the Sec- 18 retary of Homeland Security on June 15, 19 2012.’’. 20 VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6203 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6203 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS 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 condi- tioned on the status of a mortgagor as a DACA recipient if all other eligibility criteria are satis- fied, and for other purposes. SEPTEMBER 6, 2019 Reported with an amendment, committed to the Com- mittee of the Whole House on the State of the Union, and ordered to be printed VerDate Sep 11 2014 20:32 Sep 06, 2019 Jkt 089200 PO 00000 Frm 00008 Fmt 6651 Sfmt 6651 E:\BILLS\H3154.RH H3154 pamtmann on DSKBC07HB2PROD with BILLS