PSI Sci
New here? Follow the money and the votes · Not sure of your district? Find your U.S. House member · Find your state legislators

H.R. 6794: Promoting Access to Credit for Homebuyers Act of 2020

Before you vote › Federal bills

H.R. 6794: Promoting Access to Credit for Homebuyers Act of 2020

116th Congress · introduced 2020-05-08 · Housing and Community Development · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2020-05-08 · official record
  2. Who proposed it: Rep. Vargas, Juan [D-CA-51] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Financial Services. 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

Promoting Access to Credit for Homebuyers Act of 2020

Plain summary

Promoting Access to Credit for Homebuyers Act of 2020 This bill requires Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development to purchase or insure single-family mortgages originated on or after February 1, 2020, on the same terms as they otherwise would despite a borrower entering into, or inquiring about, forbearance due to a COVID-19 (i.e., coronavirus disease 2019) related hardship. This requirement begins 5 days after enactment of this bill and ends 60 days after the end of the period of time a borrower may request a COVID-19 related forbearance. The Federal Housing Finance Agency may not increase fees or otherwise restrict access to credit during the COVID-19 emergency without congressional notice. The Government Accountability Office must report on COVID-19-related assistance to consumers by Freddie Mac, Fannie Mae, and the Federal Housing Administration mortgage insurance programs.

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

Promoting Access to Credit for Homebuyers Act of 2020

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

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

Officials and money

Sponsor: Rep. Vargas, Juan [D-CA-51] · 23 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Maxine Waters (D-CA), Eleanor Holmes Norton (D-DC), Jahana Hayes (D-CT), Bill Foster (D-IL), James A. Himes (D-CT), Sean Casten (D-IL), Madeleine Dean (D-PA), Gregory W. Meeks (D-NY), Pete Aguilar (D-CA), Al Green (D-TX), Nydia M. Velázquez (D-NY), Lisa Blunt Rochester (D-DE), Emanuel Cleaver (D-MO), Scott H. Peters (D-CA), Ruben Gallego (D-AZ), Nanette Diaz Barragán (D-CA), Ro Khanna (D-CA), Rashida Tlaib (D-MI), Dwight Evans (D-PA)

Sponsor's campaign money: Rep. Vargas, Juan [D-CA-51] reported raising $836,097 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

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.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-hr6794 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116