NeighborWorks Accountability Act
NeighborWorks Accountability Act
Plain Language Summary
# NeighborWorks Accountability Act Summary **What the Bill Would Do:** The NeighborWorks Accountability Act (S 2484) is a proposed law that would increase oversight and accountability measures for NeighborWorks America, a congressionally chartered nonprofit organization that provides housing counseling, education, and homeownership support services across the country. While the bill's specific provisions aren't detailed in the information available, accountability bills of this type typically aim to strengthen reporting requirements, financial controls, or performance standards for federally-supported organizations. **Who It Affects:** The bill would directly impact NeighborWorks America and potentially the millions of Americans who benefit from its programs—including homebuyers seeking mortgage counseling, people in foreclosure, and communities working on affordable housing initiatives. It could also affect Congress and taxpayers, as enhanced accountability measures are generally designed to ensure federal resources are used effectively. **Current Status:** As of now, S 2484 remains in committee, meaning it has not yet been debated or voted on by the full Senate.
The bill was introduced by Senator Bill Hagerty (R-TN) in the 119th Congress. For more specific details about the bill's exact provisions, the congressional record or Congress.gov would provide the full legislative text.
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.