Congressional Research Service Reports - 208 Matching Results
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- The Emergency Food and Shelter Program
- The Emergency Food and Shelter (EFS) Program allocates funds to local communities to fund homeless programs including soup kitchens, food banks, shelters, and homeless prevention services. The EFS program is part of the Federal Emergency Management Agency (FEMA), and after Hurricane Katrina struck, some questions have arisen about the use of EFS program funds for Presidentially-declared disasters. This report describes how the EFS program operates through a National Board, local boards, and local recipient organizations. It further discusses the use of EFS program funds during disasters, and recent attempts to move the program from FEMA to the Department of Housing and Urban Development (HUD).
- Exclusion of Capital Gains for Owner-Occupied Housing
- No Description Available.
- Fact Sheet on The Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA)
- The Native American Housing Assistance and Self-Determination Act of 1996 reorganized the system of federal housing assistance to Native Americans by eliminating several separate programs of assistance and replacing them with a single block grant program. This report contains background information on the act, a summary of the statute, a program funding overview, and program prospects and problems.
- The Fair Housing Act: A Legal Overview
- No Description Available.
- The Fair Housing Act: Legal Overview
- This report is categorized into five categories: (I) Introduction, (II) Housing Practices in Which Discrimination is Prohibited, (III) Familial Discrimination and Housing for Older Persons, (IV) Discrimination Based on Handicap, (V) Enforcement of the Fair Housing Act.
- Fannie Mae and Freddie Mac in Conservatorship
- On September 7, 2008, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that play a critical play in the U.S. home mortgage market, in conservatorship. As conservator, the FHFA has full powers to control the assets and operation of the firms. Dividends to common and preferred shareholders are suspended, but the U.S. Treasury has put in place a set of financing agreements to ensure that the GSEs continue to meet their obligations to holders of bonds that they have issued or guaranteed. This means that the U.S. taxpayer now stands behind about $5 trillion of GSE debt. This report provides basic information on the GSEs, the government intervention, and the potential cost to the taxpayer.
- Fannie Mae’s and Freddie Mac’s Financial Problems: Frequently Asked Questions
- No Description Available.
- Fannie Mae's and Freddie Mac's Financial Problems: Frequently Asked Questions
- Recent turmoil in the housing and financial markets have caused concern over the future of Fannie Mae and Freddie Mac, which are chartered by Congress as government-sponsored enterprises (GSEs) and are widely believed to have an implicit guarantee from the federal government. The Office of Federal Housing Enterprise Oversight (OFHEO) -- the GSEs safety and soundness regulator -- has repeated assurances that Fannie and Freddie have adequate capital, but as highly leveraged financial intermediaries, Fannie Mae and Freddie Mac have limited resources against losses. This report analyzes various aspects of Fannie Mae and Freddie Mac in relation to the financial turmoil that began in September 2008.
- The Federal Deposit Insurance Corporation (FDIC): Efforts to Support Financial and Housing Markets
- This report discusses recent actions taken by the FDIC in support of financial and housing markets, which include restoration of the Deposit Insurance Fund, the development of the Temporary Liquidity Guarantee Program, efforts to reduce foreclosures, and establishment of the proposed Public-Private Investment Fund. Legislation such as H.R. 786 (introduced by Representative Barney Frank); H.R. 1106, Helping Families Save Their Homes Act of 2009 (introduced by Representative John Conyers, Jr., with 24 co-sponsors); and S. 541, The Depositor Protection Act of 2009 (introduced by Senator Christopher Dodd with 12 co-sponsors) have also been introduced to increase the effectiveness of the FDIC’s efforts to respond to recent market weaknesses.
- Federal Home Loan Bank System: Policy Issues
- This report provides a short history and basic description of the Federal Home Loan Bank System, its responsibilities, and its ties to the government. It also discusses issues affecting the Banks and highlights the differences between the FHLB and the other two housing-related GSEs.
- FEMA Disaster Housing: From Sheltering to Permanent Housing
- This report reviews standard disaster housing procedures as well as options that could be taken to improve disaster housing including increased FEMA/HUD cooperation, the use of the case management authority, the repair and renovation of private rental housing units, and the use of alternative manufactured housing.
- FHA-Insured Home Loans: An Overview
- No Description Available.
- Financial Institution Insolvency: Federal Authority over Fannie Mae, Freddie Mac, and Depository Institutions
- This report provides an overview of the U.S. credit crunch and its effect on Fannie, Freddie, Banks, and Thrifts. The report discusses the Federal Deposit Insurance Corporation (FDIC) and insolvent banks and thrifts.
- Financial Market Intervention
- This report provides answers to some frequently asked questions concerning ongoing financial disruptions and the Troubled Asset Relief Program (TARP). It also summarizes legislation in the 111th Congress such as H.R. 384, the TARP Reform and Accountability Act of 2009 and H.R. 703, "Promoting Bank Liquidity and Lending Through Deposit Insurance, Hope for Homeowners, and other Enhancements."
- Financial Market Intervention
- Financial markets continue to experience significant disturbance and the banking sector remains fragile. Efforts to restore confidence have been met with mixed success thus far. After attempting to deal with troubled institutions on a case-by-case basis, Treasury has proposed a plan to purchase mortgage-related assets to alleviate stress in financial markets and in the banking system. This report provides answers to some frequently asked questions concerning the financial disruptions of September 2008 and the Troubled Asset Relief Program (TARP) in H.R. 3997.
- Financing Catastrophic Risk: Summary of the Homeowners' Defense Act of 2009 (S. 505 and H.R. 2555)
- This report discusses the drastic increase in demand for homeowners' insurance in Atlantic and Gulf Coast states following the devastation of Hurricane Katrina in 2005. This report also discusses various measures and efforts underway to enhance insurer capacity, pursue alternative forms of risk transfer, and create a national catastrophe financing facility, the last of which is an issue under considerable debate.
- The First-Time Homebuyer Tax Credit
- No Description Available.
- The First-Time Homebuyer Tax Credit
- No Description Available.
- The First-Time Homebuyer Tax Credit: An Economic Analysis
- This report analyzes the ability of the first-time homebuyer tax credit to stimulate home buying and stabilize home prices. It includes information about current economic conditions, the tax credit with an economic analysis, marginal first-time home buyers, the cost of home ownership, the influence of the economy, and information about policy options and specific ways to adjust the tax credit.
- Fundamental Tax Reform: Options for the Mortgage Interest Deduction
- No Description Available.
- GSE Reform: A New Affordable Housing Fund
- In this report, Fannie Mae and Freddie Mac are referred to by name, as GSEs, and as the right to borrow $2.25 billion each from the U.S. Treasury, exemption from state and local taxes, and exemption from the requirement to register securities offerings with the Securities and Exchange Commission
- H.R. 1852 and Revisiting the FHA Premium Pricing Structure: Proposed Legislation in the 110th Congress
- No Description Available.
- H.R. 6076: Home Retention and Economic Stabilization Act of 2008
- The Home Retention and Economic Stabilization Act of 2008 would defer foreclosure for eligible mortgage borrowers for up to 270 days. If passed, the bill would give extra time to some borrowers and lenders to consider alternatives to foreclosure, including traditional loss mitigation and participation in the new Federal Housing Administration (FHA) program for refinancing troubled loans. Some policymakers believe that a moratorium on foreclosures could help stabilize housing markets and alleviate problems from the subprime financial turmoil. This report explores this issue in detail and analyzes the individual aspects of the relevant legislation.
- High School Completion and Postsecondary Enrollment Among First Generation and Low-Income Students
- This report reviews available data on these populations and attempts to measure the extent to which high school graduates from these groups go on to college. This report is intended as a supplement to CRS Report RL31622, TRIO and Gear Up Programs: Status and Issues.
- The Homeless Management Information System
- No Description Available.
- The HOPE NOW Alliance/American Securitization Forum (ASF) Plan to Freeze Certain Mortgage Interest Rates
- This report first examines the details of the ASF plan and then discusses the potential liability concerns that may arise for servicers who implement modifications under the plan.
- HOPE VI: Background, Funding, and Issues
- Report on the history of the HOPE VI program, and the debate surrounding the future budget of the program.
- Housing and Economic Recovery Act of 2008
- This report discusses the Housing and Economic Recovery Act of 2008, P.L. 110-289, which changes many laws affecting both the housing and mortgage markets. It also surveys the most important changes caused by the act.
- Housing and Economic Recovery Act of 2008
- This report provides background information and overview on the Housing and Economic Recovery Act of 2008.
- Housing and Economic Recovery Act of 2008
- No Description Available.
- Housing Assistance and Welfare: Background and Issues
- This paper will introduce the reader to federal housing assistance and welfare programs, the people they serve, how the programs interact and current issues.
- Housing for Persons Living with HIV/AIDS
- This report describes recent research that shows how housing and health status are related and the effects of stable housing on HIV/AIDS patient health. It also describes the Housing Opportunities for Persons with AIDS (HOPWA) program, the only federal program that provides housing and services specifically for persons who are HIV positive or who have AIDS, together with their families. In addition, the report describes how a small portion of funds appropriated through the Ryan White HIV/AIDS program may be used by states and local jurisdictions to provide short-term housing assistance for persons living with HIV/AIDS.
- Housing Issues in the 106th Congress
- This report summarizes current housing issues, cites legislative proposals, and in some cases, presents brief pro/con discussions.
- Housing Issues in the 106th Congress
- This report summarizes current housing issues, cites legislative proposals, and in some cases, presents brief pro/con discussions.
- Housing Issues in the 107th Congress
- This report summarizes current housing issues, cites legislative proposals, and in some cases, presents brief pro/con discussions.
- Housing Issues in the 107th Congress
- This report summarizes current housing issues, cites legislative proposals, and in some cases, presents brief pro/con discussions.
- Housing Issues in the 108th Congress
- This report summarizes current housing issues, cites legislative proposals, and in some cases, presents brief pro/con discussions.
- Housing Issues in the 108th Congress
- No Description Available.
- Housing Issues in the 108th Congress
- No Description Available.
- Housing Issues in the 109th Congress
- No Description Available.
- Housing Issues in the 109th Congress
- No Description Available.
- Housing Issues in the 109th Congress
- No Description Available.
- Housing Issues in the 109th Congress
- No Description Available.
- Housing Issues in the 109th Congress
- This report discusses the budget request for the Department of Housing and Urban Development (HUD), which would be a decrease of $2.8 billion, or almost 9%, from FY2005.
- Housing Issues in the 109th Congress
- This report discusses the budget request for the Department of Housing and Urban Development (HUD), which would be a decrease of $2.8 billion, or almost 9%, from FY2005.
- Housing Issues in the 110th Congress
- This report examines housing-related issues that have become prominent in the 110th Congress. Possibly the most visible issue is the prevalence of subprime loans and growing mortgage default and foreclosure rates. Congress has responded with numerous hearings and legislative proposals both to change the way in which the lending and home-buying industry is regulated and to assist borrowers who are facing default and foreclosure.
- Housing Issues in the 110th Congress
- No Description Available.
- Housing Issues in the 110th Congress
- No Description Available.
- Housing Issues in the 110th Congress
- No Description Available.
- Housing Issues in the 110th Congress
- No Description Available.