Housing & Finance

Reps. David Scott, Hill, Kuster, Luetkemeyer and Casten to FHFA: Modernize Capital Rules

| Posted in Press Releases

"An abrupt cutoff of advances could adversely impact many community banks and impair credit access for millions of small businesses, consumers, and communities. The FHFA must act immediately to avert an unnecessary economic challenge by conforming its capital rules to those of the Primary Federal Regulators.” Text of the letter can be found here. Congressman David Scott (GA-13),…

Congressman David Scott Introduces Legislation to Increase Consumer Financial Education

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Today, Congressman David Scott (GA-13), chairman of the House Agriculture Committee, introduced H.R. 9272, the Consumer Financial Education and Empowerment Act, bipartisan legislation committed to providing consumers with the necessary resources to achieve their financial goals and generate economic stability. “Today, far too many Americans struggle with decisions around financial…

Congressman David Scott Requests $43.9 Million in FY23 Community Project Funding For Georgia’s Thirteenth Congressional District

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Congressman David Scott (GA-13), chairman of the House Agriculture Committee, today released a list of fifteen Community Project Funding requests for the fiscal year (FY) 2023 Appropriations cycle that he submitted to the U.S. House Committee on Appropriations. Under House Appropriations Committee guidelines, Members of Congress may request funding for up to fifteen projects in their…

Congressman David Scott Votes to Pass Historic Build Back Better Act

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WASHINGTON – Congressman David Scott (GA-13), chairman of the House Agriculture Committee, today issued the following statement on his vote to pass the Build Back Better Act, Democrats’ transformative legislation to bring down the everyday costs that burden Georgia families. “The landmark Build Back Better Act…

ICYMI: In Local, National Outlets, US. Rep. David Scott Praises Passage of Bipartisan Infrastructure Deal, Touts Immediate Impact of the Bill for the American People

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Over the weekend, local and national outlets, including the Atlanta Journal Constitution and CNN Newsroom, featured Congressman David Scott (GA-13) in their reporting on the once-in-a-generation bipartisan infrastructure deal passed out of the House of Representatives and signed into law by President Joe Biden. On Saturday, Congressman David Scott spoke with Fredericka Wilson on CNN…

ICYMI: In FSC Exchange, Congressman David Scott Urges Inclusion of Affordable Housing in Building Back Better Plan

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Last week, during a Financial Services Committee hearing to examine recent severe declines in American homeownership, Congressman David Scott urged the inclusion of down payment assistance in the final Build Back Better Act to give a hand up to all American families and ensure access to safe and affordable housing for all communities. In an exchange, FSC hearing witness and Director of…

ICYMI: Congressman David Scott Questions HUD Secretary Fudge, Biden Administration on Affordable Housing in Infrastructure Deal

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U.S. Representative David Scott (GA-13), ranking Member of the House Financial Services Committee (FSC), yesterday evening in a FSC hearing entitled, Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development, raised concerns with U.S. Secretary of Housing and Urban Development (HUD) Marcia Fudge about the…

Congressman David Scott Introduces Bill to Aid Homeowners Impacted by the Coronavirus Pandemic

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Today, Congressman David Scott introduced the Coronavirus Homeowner Assistance Act of 2021, legislation creating a Homeowner Assistance Fund to aid homeowners harmed by the global coronavirus pandemic. This legislation, which would provide $10 billion in funding to states, territories, and the District of Columbia, delivers essential mortgage financial assistance and utility financial…

Congressman Scott Votes to Pass Updated HEROES Act

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Congressman David Scott (GA-13) and House Democrats voted to pass the updated HEROES Act, addressing urgent COVID-19 public health and economic relief needs that have developed since the House passed an earlier version in May. “Tonight, I voted to deliver critical aid immediately to the American people,” said Rep. Scott. “Challenges stemming from the COVID-19 pandemic continue to…

Thirteenth District Awarded $7.9 Million in HUD Grants for COVID-19 Relief

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Today, Congressman David Scott (GA-13) announced that the U.S. Department of Housing and Urban Development (HUD) has awarded $7,947,332 in federal COVID-19 relief grants to counties across the Thirteenth District. The grants were allocated under the Coronavirus Aid, Relief and Economic Security (CARES) Act's $5 billion supplemental funding for the Community Development Block Grant…