H.R. 2397

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2397 Introduced in House (IH)]

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118th CONGRESS
1st Session
H. R. 2397

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.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 29, 2023

Mr. Vargas (for himself, Mr. Aguilar, and Ms. Garcia of Texas) 
introduced the following bill; which was referred to the Committee on 
Financial Services

_______________________________________________________________________

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.

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 ``Homeownership for DREAMers Act''.

SEC. 2. DACA RECIPIENT ELIGIBILITY.

(a) FHA.--Section 203 of the National Housing Act (12 U.S.C. 1709) 
is amended by inserting after subsection (h) the following:
``(i) DACA Recipient Eligibility.--
``(1) In general.--The Secretary may not--
``(A) prescribe terms that limit the eligibility of 
a single family mortgage for insurance under this title 
because of the status of the mortgagor as a DACA 
recipient; or
``(B) issue any limited denial of participation in 
the program for such insurance because of the status of 
the mortgagor as a DACA recipient.
``(2) DACA recipient defined.--For the purposes of this 
subsection, the term `DACA recipient' means an alien who, at 
any time before, on, or after the date of the enactment of this 
subsection, is or was in deferred action status pursuant to the 
Deferred Action for Childhood Arrivals (`DACA') Program 
announced by the Secretary of Homeland Security on June 15, 
2012.
``(3) Exemption.--
``(A) Denial for failure to satisfy valid 
eligibility requirements.--Nothing in this title 
prohibits the denial of insurance based on failure to 
satisfy valid eligibility requirements.
``(B) Invalid eligibility requirements.--Valid 
eligibility requirements do not include criteria that 
were adopted with the purpose of denying eligibility 
for insurance because of race, color, religion, sex, 
familial status, national origin, disability, or the 
status of a mortgagor as a DACA recipient.''.
(b) Rural Housing Service.--Section 501 of the Housing Act of 1949 
(42 U.S.C. 1472) is amended by adding at the end the following:
``(k) DACA Recipient Eligibility.--
``(1) In general.--The Secretary may not prescribe terms 
that limit eligibility for a single family mortgage made, 
insured, or guaranteed under this title because of the status 
of the mortgagor as a DACA recipient.
``(2) DACA recipient defined.--For the purposes of this 
paragraph, the term `DACA recipient' means an alien who, at any 
time before, on, or after the date of the enactment of this 
paragraph, is or was in deferred action status pursuant to the 
Deferred Action for Childhood Arrivals (`DACA') Program 
announced by the Secretary of Homeland Security on June 15, 
2012.''.
(c) Fannie Mae.--Section 302(b) of the National Housing Act (12 
U.S.C. 1717(b)) is amended by adding at the end the following:
``(8) DACA recipient eligibility.--
``(A) In general.--The corporation may not 
condition purchase of a single-family residence 
mortgage by the corporation under this subsection on 
the status of the borrower as a DACA recipient.
``(B) DACA recipient defined.--For the purposes of 
this paragraph, the term `DACA recipient' means an 
alien who, at any time before, on, or after the date of 
the enactment of this paragraph, is or was in deferred 
action status pursuant to the Deferred Action for 
Childhood Arrivals (`DACA') Program announced by the 
Secretary of Homeland Security on June 15, 2012.''.
(d) Freddie Mac.--Section 305(a) of the Federal Home Loan Mortgage 
Corporation Act (12 U.S.C. 1454) is amended by adding at the end the 
following:
``(6) DACA recipient eligibility.--
``(A) In general.--The Corporation may not 
condition purchase of a single-family residence 
mortgage by the corporation under this subsection on 
the status of the borrower as a DACA recipient.
``(B) DACA recipient defined.--For the purposes of 
this subsection, the term `DACA recipient' means an 
alien who, at any time before, on, or after the date of 
the enactment of this subsection, is or was in deferred 
action status pursuant to the Deferred Action for 
Childhood Arrivals (`DACA') Program announced by the 
Secretary of Homeland Security on June 15, 2012.''.
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