Housing for US Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4266 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4266 To require that any amounts received by the Federal Government as a result of the release of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation be used for State housing revolving loan funds for middle-class housing supply, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 30, 2025 Mr. Suozzi (for himself and Ms. Malliotakis) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require that any amounts received by the Federal Government as a result of the release of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation be used for State housing revolving loan funds for middle-class housing supply, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Housing for US Act''. SEC. 2. AMOUNTS RECEIVED FROM RELEASE OF FEDERAL NATIONAL MORTGAGE ASSOCIATION AND FEDERAL HOME LOAN MORTGAGE CORPORATION. (a) In General.--Notwithstanding any other provision of law, any amounts received by the Federal Government as a result of the release of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall be transferred to a trust fund to be used solely for the purpose described in section 3 for a period of 10 years after the date of such transfer. (b) Deficit Reduction.--On the date that is 10 years after the transfer described in subsection (a), the capitalization loans described in section 3 shall be paid back by the States to the General Fund of the Treasury, dedicated for the sole p