Housing

Washington, D.C. – Today, U.S. Rep. Gregory W. Meeks (NY-05) and 17 other Members of Congress sent a letter to the Federal Housing Finance Agency (FHFA) urging it to reverse its March 25 directive ending Fannie Mae and Freddie Mac’s support for Special Purpose Credit Programs (SPCPs).

WASHINGTON, D.C. – Today, U.S. Rep. Gregory W. Meeks (D-NY-05) introduced The Mortgage Insurance Freedom Act, with U.S. Rep. Pete Sessions (R-TX-17). 

WASHINGTON, D.C. – Today, U.S. Reps. Gregory W. Meeks (NY-05) and Nydia Velázquez (NY-07) introduced the Habitable Housing Conversion Pilot Program of 2024 or the “Basement Bill.” The measure would establish a pilot program to expand the Federal Housing Administration (FHA)’s 203(k) Rehabilitation Mortgage Insurance Program. The proposed pilot program, set to run for five years, would insure up to 15,000 mortgages, prioritizing homes in areas most vulnerable to natural disasters.

QUEENS, NY - Today, Congressmen Gregory Meeks (NY-05) and Ritchie Torres (NY-15) are proud to announce that the Federal Home Loan Bank of New York (FHLBNY) can now pledge mortgage collateral using VantageScore 4.0 credit scores, which considers rental payments and other data points that are not included in traditional scoring models – expanding the number of diverse and creditworthy mortgage applicants and creating more opportunities across the region to help narrow the racial homeownership gap.

WASHINGTON, D.C. – This week, Rep. Gregory W. Meeks (NY-05) voted to pass the Consolidated Appropriations Act, 2024, a package of six domestic funding bills focused on helping families and communities across the United States.