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To stimulate the economy of the United States by providing assistance to States for foreclosure mitigation counseling activities and increased community development block grant assistance.

3/10/2008--Introduced.

Helping Communities Act of 2008 - Directs the Secretary of the Treasury to make grants to states for providing foreclosure-mitigation counseling to homeowners of owner-occupied single family homes with mortgage loans in default or in danger of default.

Requires each state recipient to provide at least 95% of the grant amounts to nonprofit entities.

Authorizes additional FY2008 appropriations for community development block grant assistance under the Housing and Community Development Act of 1974.

Latest Actions
  • 03/10/2008 - Referred to the House Committee on Financial Services.
Bill Text
File name Last Updated
H.R.5572 Introduced in House03/12/2008