Foreclosure Moratorium and Homeowners Assistance Fund Coordination Congressional Review Emergency Amendment Act of 2024

This bill temporarily extends foreclosure protections for homeowners in Washington, D.C., who applied for aid from the DC Homeowner Assistance Fund before September 30, 2022, and whose applications were still being processed as of that date. It requires lenders and other creditors to send notices informing these homeowners about available financial assistance and mandates that foreclosure actions cannot proceed until 30 days after such a warning is issued. The legislation also directs the city to provide applicants with proof of their application status and to publish sample warning notices that explain how the program can help resolve housing debts. These measures are designed to prevent foreclosures while the city reviews pending applications and makes payments to eligible residents.