S 970 · 119th Congress

Helping More Families Save Act

This bill creates a new savings program for low-income families who receive housing assistance from the federal government. Here's how it works: when a family's income goes up and they start paying more rent as a result, the housing agency puts that extra rent money into a special savings account for them instead of…

Sponsor

Reed, Jack (D-Rhode Island)

Introduced

2025-03-11

Policy area

Housing and Community Development

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1666-1667)