Bills · HR 6726
IN COMMITTEE· 119TH CONGRESS
House BillHR 6726Housing and Community Development
To amend the Housing and Urban Development Act of 1968 to provide reforms to housing counseling and financial literacy programs.
INTRO DEC 15· LAST ACTION DEC 15
READING
5MIN
COSPONSORS
2
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it aims to improve the quality and accessibility of housing counseling services, which are critical for many Americans navigating complex financial decisions related to homeownership. By requiring better geographic distribution of funds, it could ensure that people in underserved rural areas have better access to vital financial advice, not just those in urban centers. More rigorous performance reviews for counseling agencies and individual counselors mean that people seeking help are more likely to receive effective, competent guidance.
For homeowners facing financial hardship, the provision for mandatory offers of foreclosure mitigation counseling could be a lifeline, helping to prevent home loss and its devastating impact on families and communities. If this bill becomes law, it could lead to higher standards in housing counseling, greater accountability for service providers, and potentially a reduction in preventable foreclosures. If it doesn't pass, the current system for oversight and access to counseling services would remain, potentially leaving gaps in quality and availability.
KEY PROVISIONS
5AI-extractedPROVISION 01
Requires HUD to ensure that housing counseling funds are distributed to geographically diverse organizations, including those serving urban and rural areas.
This ensures that housing counseling services are more widely available to people in various communities, not just concentrated in certain areas.
PROVISION 02
Mandates performance reviews for all housing counseling agencies that receive federal assistance, evaluating their compliance with program rules and potentially their counselors' aggregate performance.
This provision increases accountability for how federal funds are used and helps maintain a higher standard of service quality from participating agencies.
PROVISION 03
Establishes a process for assessing the competence of individual housing counselors, allowing HUD to require further education, retesting, or even suspend certification for underperforming counselors.
This ensures that individuals seeking housing advice receive guidance from qualified and effective counselors, protecting consumers from poor service.
PROVISION 04
Allows HUD to deny renewal of funding to organizations that do not comply with program requirements, following a performance review and a notice period with an opportunity for an informal conference.
This provides a mechanism for HUD to enforce program standards and ensure taxpayer money is spent on effective programs.
PROVISION 05
Requires that borrowers who are 30 days or more delinquent on certain government-backed mortgage loans be offered an opportunity for foreclosure mitigation counseling, with costs for some FHA loans covered by the Mutual Mortgage Insurance Fund.
This crucial provision aims to help struggling homeowners avoid foreclosure by connecting them with counseling and providing financial support for the service.
SPONSORSHIP
1 + 2
D· Georgia
YRS IN OFFICE
23
BILLS LED
18
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 2 REP 0 IND 0
ACTION TIMELINE
2 EVENTSDEC 15
Introduced in House
DEC 15
Referred to the House Committee on Financial Services.
BILL INFO
TypeHouse Bill
NumberHR 6726
Congress119th
StatusIn Committee
IntroducedDec 15, 2025
Last actionDec 15, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED DEC 15, 2025
House BillHR 6726Housing and Community Development
To amend the Housing and Urban Development Act of 1968 to provide reforms to housing counseling and financial literacy programs.
INTRODUCED DEC 15, 2025· LAST ACTION DEC 15, 2025
PASSAGE CHANCES
—%
READING
5 min
COSPONSORS
2
COMPLEXITY
Moderate
