H.R. 7138IntroducedHouse · nowSenatePresidentLawIn committeeSec. 4 · H.R. 7138
Low-income housing assistance
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(a) Deposit of funds Amounts collected in any penalty under section 3 shall be deposited in the Housing Trust Fund established under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4568). (b) Use of funds To the extent provided for in advance in appropriations Acts, the amounts deposited in the Fund shall be used to increase and preserve the supply of rental housing affordable to extremely low- and very low-income families, including homeless families, in accordance with such section 1338.