# 116-hr-6794: Promoting Access to Credit for Homebuyers Act of 2020

116-hr-6794, Promoting Access to Credit for Homebuyers Act of 2020, is a 116th Congress bill sponsored by Rep. Vargas, Juan [D-CA-52] (D-CA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6794
- 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-6794
- Congress: 116
- Title: Promoting Access to Credit for Homebuyers Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-08
- Sponsor: Rep. Vargas, Juan [D-CA-52] (D-CA)
- Cosponsors: 23
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Promoting Access to Credit for Homebuyers Act of 2020 This bill requires Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development to purchase or insure single-family mortgages originated on or after February 1, 2020, on the same terms as they otherwise would despite a borrower entering into, or inquiring about, forbearance due to a COVID-19 (i.e., coronavirus disease 2019) related hardship. This requirement begins 5 days after enactment of this bill and ends 60 days after the end of the period of time a borrower may request a COVID-19 related forbearance. The Federal Housing Finance Agency may not increase fees or otherwise restrict access to credit during the COVID-19 emergency without congressional notice. The Government Accountability Office must report on COVID-19-related assistance to consumers by Freddie Mac, Fannie Mae, and the Federal Housing Administration mortgage insurance programs.

## Cosponsors (23)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-08T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2020-05-19T00:00:00.000Z
- Rep. Hayes, Jahana [D-CT-5] (D-CT), 2020-06-18T00:00:00.000Z
- Rep. Perlmutter, Ed [D-CO-7] (D-CO), 2020-06-18T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2020-06-18T00:00:00.000Z
- Rep. Rouda, Harley [D-CA-48] (D-CA), 2020-06-18T00:00:00.000Z
- Rep. Himes, James A. [D-CT-4] (D-CT), 2020-07-01T00:00:00.000Z
- Rep. Casten, Sean [D-IL-6] (D-IL), 2020-07-01T00:00:00.000Z
- Rep. Dean, Madeleine [D-PA-4] (D-PA), 2020-07-01T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2020-07-01T00:00:00.000Z
- Rep. Aguilar, Pete [D-CA-33] (D-CA), 2020-07-01T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2020-07-01T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2020-07-01T00:00:00.000Z
- Sen. Blunt Rochester, Lisa [D-DE] (D-DE), 2020-07-01T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2020-07-01T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2020-09-14T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2020-09-14T00:00:00.000Z
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA), 2020-09-14T00:00:00.000Z
- Rep. Lee, Barbara [D-CA-12] (D-CA), 2020-09-16T00:00:00.000Z
- Rep. Lowenthal, Alan S. [D-CA-47] (D-CA), 2020-09-22T00:00:00.000Z
- Rep. Khanna, Ro [D-CA-17] (D-CA), 2020-09-23T00:00:00.000Z
- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2020-09-24T00:00:00.000Z
- Rep. Evans, Dwight [D-PA-3] (D-PA), 2020-09-30T00:00:00.000Z

## Related bills

- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-2382: USPS Fairness Act
- 116-hr-2214: NO BAN Act
- 116-hr-4: Voting Rights Advancement Act of 2019
- 116-hr-1309: Workplace Violence Prevention for Health Care and Social Service Workers Act
- 116-hr-1140: Rights for Transportation Security Officers Act of 2020

## Sources
- [116-hr-6794 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6794)

## Related
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-2382: USPS Fairness Act](https://policyrisk.com/legislation/116-hr-2382)
- [116-hr-2214: NO BAN Act](https://policyrisk.com/legislation/116-hr-2214)
- [116-hr-4: Voting Rights Advancement Act of 2019](https://policyrisk.com/legislation/116-hr-4)
- [116-hr-1309: Workplace Violence Prevention for Health Care and Social Service Workers Act](https://policyrisk.com/legislation/116-hr-1309)
- [116-hr-1140: Rights for Transportation Security Officers Act of 2020](https://policyrisk.com/legislation/116-hr-1140)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6794 (as of 2025-11-18).