# 116-hr-8824: Federal Financing Bank Risk-Sharing Act of 2020

116-hr-8824, Federal Financing Bank Risk-Sharing Act of 2020, is a 116th Congress bill sponsored by Rep. Velázquez, Nydia M. [D-NY-7] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8824
- 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-8824
- Congress: 116
- Title: Federal Financing Bank Risk-Sharing Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-11-27
- Sponsor: Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Cosponsors: 1
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Federal Financing Bank Risk-Sharing Act of 2020 This bill requires the Department of Housing and Urban Development and the Department of the Treasury to continue the Federal Financing Bank Risk-Sharing Program. The program provides financing to Housing Finance Agencies to build and maintain affordable housing. Additionally, the bill makes community development financial institutions eligible for the program.

## Cosponsors (1)

- Rep. Clarke, Yvette D. [D-NY-9] (D-NY), 2020-12-16T00:00:00.000Z

## Related bills

- 116-hr-8924: Our Homes, Our Votes Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8626: Energy Resilient Communities Act
- 116-hr-8519: Teaching Asian Pacific American History Act
- 116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader Ginsburg and to place the statue in the United States Capitol in National Statuar…
- 116-hr-8394: Improving Diaper Affordability Act of 2020

## Sources
- [116-hr-8824 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8824)

## Related
- [116-hr-8924: Our Homes, Our Votes Act](https://policyrisk.com/legislation/116-hr-8924)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8626: Energy Resilient Communities Act](https://policyrisk.com/legislation/116-hr-8626)
- [116-hr-8519: Teaching Asian Pacific American History Act](https://policyrisk.com/legislation/116-hr-8519)
- [116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader G…](https://policyrisk.com/legislation/116-hr-8402)
- [116-hr-8394: Improving Diaper Affordability Act of 2020](https://policyrisk.com/legislation/116-hr-8394)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8824 (as of 2025-11-18).