HR 5796
110th CONGRESS
2d Session
H. R. 5796
To provide funding for the Neighborhood Reinvestment Corporation
for mortgage foreclosure mitigation activities.
IN THE HOUSE OF REPRESENTATIVES
April 15, 2008
Ms. CLARKE introduced the following bill; which was referred to the Committee
on Appropriations
A BILL
To provide funding for the Neighborhood Reinvestment Corporation
for mortgage foreclosure mitigation activities.
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 `Foreclosure Prevention Act of 2008'.
SEC. 2. HOUSING COUNSELING RESOURCES.
There are appropriated out of any money in the Treasury not otherwise appropriated
for the fiscal year 2008, for an additional amount for the `Neighborhood Reinvestment
Corporation--Payment to the Neighborhood Reinvestment Corporation' $100,000,000,
to remain available until September 30, 2008, for foreclosure mitigation activities
under the terms and conditions contained in the second undesignated paragraph
(beginning with the phrase `For an additional amount') under the heading `Neighborhood
Reinvestment Corporation--Payment to the Neighborhood Reinvestment Corporation'
of Public Law 110-161.
END
