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H.R. 6562: American Residential Housing Recovery Act of 2010

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H.R. 6562: American Residential Housing Recovery Act of 2010

111th Congress · introduced 2010-12-21 · Housing and Community Development · Latest: Referred to House Ways and Means

federal

Follow this bill, step by step

  1. Where it came from: introduced 2010-12-21 · official record
  2. Who proposed it: Rep. Brown, Corrine [D-FL-3] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to House Ways and Means Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

American Residential Housing Recovery Act of 2010

Plain summary

American Residential Housing Recovery Act of 2010 - Directs the Secretary of the Treasury to carry out a shared equity appreciation financing pilot program to analyze the effectiveness of shared equity financing methods that stimulate the flow of private equity capital into the housing sector, while mitigating risk to borrowers. Amends the Internal Revenue Code to allow a tax credit for private investment in shared equity appreciation contracts. Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) treat shared equity appreciation contracts as a consumer financial product; and (2) provide for regulatory oversight of shared equity appreciation contracts by the Bureau of Consumer Financial Protection.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

American Residential Housing Recovery Act of 2010

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Brown, Corrine [D-FL-3] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong111-hr6562 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111