H. R. 10249, known as the "Generating Resources and Opportunities Within Affordable Housing Act" or the "GROW Affordable Housing Act," proposes changes to the Federal Housing Enterprises Financial Safety and Soundness Act of 1992. The bill seeks to increase the affordable...
Simple Explanation
H.R. 10249 wants to change how much money banks have to set aside to help make houses cheaper for people. It talks about raising this amount from a little bit to a bit more, but it doesn't say why or explain who will get the help.