# 116-hr-5599: Fulfilling the Promise of the Housing Trust Fund Act

116-hr-5599, Fulfilling the Promise of the Housing Trust Fund Act, is a 116th Congress bill sponsored by Rep. Heck, Denny [D-WA-10] (D-WA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5599
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5599
- Congress: 116
- Title: Fulfilling the Promise of the Housing Trust Fund Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-01-14
- Sponsor: Rep. Heck, Denny [D-WA-10] (D-WA)
- Cosponsors: 16
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Fulfilling the Promise of the Housing Trust Fund Act This bill specifies that amounts received from fee increases on mortgage-backed securities guaranteed by the Federal National Mortgage Association (Fannie Mae) or participation certificates guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) on or after October 1, 2021, must be deposited into the Housing Trust Fund, which is dedicated to producing and preserving affordable housing. Such amounts shall be available without further appropriation.

## Cosponsors (16)

- WM. CLAY (D-MO), 2020-01-14T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2020-01-14T00:00:00.000Z
- Rep. Perlmutter, Ed [D-CO-7] (D-CO), 2020-01-14T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2020-01-15T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2020-01-27T00:00:00.000Z
- Rep. Lawson, Al, Jr. [D-FL-5] (D-FL), 2020-01-27T00:00:00.000Z
- Rep. Murphy, Stephanie N. [D-FL-7] (D-FL), 2020-01-27T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2020-01-27T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2020-01-27T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2020-02-25T00:00:00.000Z
- Rep. Kuster, Ann M. [D-NH-2] (D-NH), 2020-03-03T00:00:00.000Z
- Sen. Schiff, Adam B. [D-CA] (D-CA), 2020-03-09T00:00:00.000Z
- Rep. Kilmer, Derek [D-WA-6] (D-WA), 2020-06-25T00:00:00.000Z
- Rep. Torres, Norma J. [D-CA-35] (D-CA), 2020-01-27T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2020-02-03T00:00:00.000Z
- Rep. Bera, Ami [D-CA-6] (D-CA), 2020-10-02T00:00:00.000Z

## Related bills

- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7092: Great American Outdoors Act
- 116-hr-6820: Emergency Rental Assistance and Rental Market Stabilization Act of 2020
- 116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act
- 116-hr-2694: Pregnant Workers Fairness Act
- 116-hr-2420: National Museum of the American Latino Act

## Sources
- [116-hr-5599 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5599)

## Related
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7092: Great American Outdoors Act](https://policyrisk.com/legislation/116-hr-7092)
- [116-hr-6820: Emergency Rental Assistance and Rental Market Stabilization Act of 2020](https://policyrisk.com/legislation/116-hr-6820)
- [116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-4104)
- [116-hr-2694: Pregnant Workers Fairness Act](https://policyrisk.com/legislation/116-hr-2694)
- [116-hr-2420: National Museum of the American Latino Act](https://policyrisk.com/legislation/116-hr-2420)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5599 (as of 2025-11-18).