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118-s-4899Committee
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HEIRS Act of 2024

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Summary

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The HEIRS Act of 2024 establishes federal grant programs to help states adopt the Uniform Partition of Heirs Property Act and to assist low- and moderate-income homeowners resolve title and estate issues related to heirs' property (residential property inherited through intestacy and held by multiple heirs). The bill authorizes $30 million annually through 2035 for state grants and $10 million annually through 2029 for grants to housing counseling agencies, legal services clinics, and nonprofits to provide housing counseling, legal assistance, and financial help with title clearing. It also requires HUD-approved housing counseling agencies to inform consumers about heirs' property risks and available assistance options.

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Bill details

Congress
118
Bill type
s
Introduced
July 31, 2024
Sponsor
Not yet available
Last action
July 31, 2024— Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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