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 affordable hous... Read more »
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 assistance f... Read more »
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 persist and evolv... Read more »
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 Program. This f... Read more »
Today, Congressman David Scott (GA-13) took the House Floor and delivered remarks urging swift passage of H.R. 7301, the Emergency Housing Protections and Relief Act, to help homeowners and renters address the dire housing needs arising due to the pandemic. Enclosed below are a video and transcript of his remarks: Click here to watch video of Congressman Scott's remarks on H.R. 7301. Transcript “T... Read more »
Today, Congressman David Scott (GA-13) announced the U.S. Department of Housing and Urban Development awarded $7,771,885 in federal grants to address the significant financial impact of the COVID-19 pandemic in Clayton, Cobb, Fulton and Henry counties. The grants were funded under the Coronavirus Aid, Relief and Economic Security (CARES) Act. “As our communities continue to experience widespread e... Read more »
Congressman David Scott, a Senior Member of the House Financial Services Committee, applauded the introduction of H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, in the House of Representatives as the next coronavirus relief package. Scott welcomed the inclusion of his legislative proposal to establish a $75 billion Homeowner Assistance Fund to offer relief to... Read more »
Today, Congressman David Scott (D-GA) was joined by Reps. Steve Stivers (R – OH-15) and Madeleine Dean (D-PA-4) in introducing H.R. 6012, bipartisan legislation to improve access to financial education for consumers. The Consumer Financial Education and Empowerment Act would create a grant program within the Consumer Financial Protection Bureau (CFPB) to facilitate financial education programs in ... Read more »
By Dana Fowle, FOX 5 Atlanta Would you like free money to pay your mortgage? Well, read on to see if you qualify. There’s $12 million dollars in help out there, but there’s also a hard deadline to apply for it: March 31st, 2020. But first, let's go back to 2008, 2009. Banks, Wall Street -- they were getting bail-outs, but families were losing their homes, so in 2010 the US Treasury disbursed $2.8 ... Read more »
Today, Congressman David Scott, Chairman of the Subcommittee on Commodity Exchanges, Energy, and Credit, joined members of the House Committee on Agriculture in advancing H.R. 4257, a bill he introduced earlier this year to improve the Office of Minority and Women Inclusion at the Commodity Futures Trading Commission (CFTC). In addition to bringing the CFTC’s Office of Minority and Women Inclusion... Read more »
