Bill Hagerty (R-TN)
NeighborWorks Accountability Act
A Republican bill with no cosponsors
Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The NeighborWorks Accountability Act (S. 2484) aims to improve oversight and accountability within the Neighborhood Reinvestment Corporation. It does this by establishing an Inspector General for the corporation. The bill amends title 5 of the United States Code to include the Neighborhood Reinvestment Corporation under the list of entities that require an Inspector General. It also ensures that the Inspector General's office has the necessary funds to carry out its duties, but restricts them from taking over program operating responsibilities. Finally, it mandates annual independent external audits of the corporation's accounts, separate from any audits conducted by the Inspector General.
Yes· 3 of 27
- Scored +5
Does this make what the government does easier for the public to see?
The bill improves government transparency by establishing an Inspector General and requiring independent audits for the Neighborhood Reinvestment Corporation.
- Scored +3
Would households on low incomes be better off under this?
The bill improves oversight of the Neighborhood Reinvestment Corporation, potentially leading to more effective allocation of resources for programs benefiting low-income households.
- Scored +2
Would middle-income households be better off under this?
The bill's better oversight of the Neighborhood Reinvestment Corporation could lead to more efficient use of funds, indirectly benefiting middle-class households.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Enhanced Oversight: Establishing an Inspector General for the Neighborhood Reinvestment Corporation could lead to better oversight and accountability. This could reduce waste, fraud, and abuse, ultimately ensuring that resources are used more effectively to benefit communities (Section 2).
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Independent Audits: Requiring annual independent external audits of the corporation's accounts could provide an unbiased assessment of its financial health and management practices (Section 2(c)). This transparency can help ensure the corporation operates responsibly and in the best interests of the public.
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Funding for Oversight: The bill authorizes appropriations to the Office of Inspector General, which means that this office will have the funding needed to be effective. This means that there should be appropriate and effective oversight of the Neighborhood Reinvestment Corporation (Section 2(b)).
Potential Negative Impacts for People
- The bill does not explicitly outline any potential negative impacts for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The bill improves oversight of the Neighborhood Reinvestment Corporation, potentially leading to more effective allocation of resources for programs benefiting low-income households. Would middle-income households be better off under this? — The bill's better oversight of the Neighborhood Reinvestment Corporation could lead to more efficient use of funds, indirectly benefiting middle-class households. Would people in rural areas be better off under this? — Improved oversight and accountability within the Neighborhood Reinvestment Corporation may indirectly benefit rural residents through better community development programs. Would people in cities be better off under this? — Improved oversight and accountability within the Neighborhood Reinvestment Corporation may indirectly benefit urban residents through better community development programs. Would Black Americans be better off under this? — The bill may have an indirect positive impact on African Americans through more efficient and accountable community development initiatives. Would Asian Americans be better off under this? — The bill may have an indirect positive impact on Asian Americans through more efficient and accountable community development initiatives. Would business owners be better off under this? — The bill's improved oversight of the Neighborhood Reinvestment Corporation may indirectly benefit business owners through more responsible resource allocation. Would children be better off under this? — More efficient use of resources by the Neighborhood Reinvestment Corporation could indirectly benefit programs that support children. Would Hispanic Americans be better off under this? — The bill may have an indirect positive impact on Hispanic Americans through more efficient and accountable community development initiatives. Would immigrants be better off under this? — Improved accountability within the Neighborhood Reinvestment Corporation may indirectly benefit immigrants through better community development programs. Would men be better off under this? — The bill's enhanced oversight of the Neighborhood Reinvestment Corporation may indirectly benefit men through more effective community programs. Would people in middle age be better off under this? — More efficient use of resources by the Neighborhood Reinvestment Corporation could indirectly benefit programs that support middle-aged individuals and families. Would Native Americans be better off under this? — The bill may have an indirect positive impact on Native Americans through more efficient and accountable community development initiatives. Would people with disabilities be better off under this? — The bill may have an indirect positive impact on people with disabilities through more efficient and accountable community development initiatives. Would retired people be better off under this? — The bill's enhanced oversight of the Neighborhood Reinvestment Corporation may indirectly benefit retirees through more effective community programs. Would people over 65 be better off under this? — More efficient use of resources by the Neighborhood Reinvestment Corporation could indirectly benefit programs that support seniors. Would white Americans be better off under this? — The bill may have an indirect positive impact on White Americans through more efficient and accountable community development initiatives. Would women be better off under this? — The bill's enhanced oversight of the Neighborhood Reinvestment Corporation may indirectly benefit women through more effective community programs. Would people in their twenties and thirties be better off under this? — More efficient use of resources by the Neighborhood Reinvestment Corporation could indirectly benefit programs that support young adults.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill improves government transparency by establishing an Inspector General and requiring independent audits for the Neighborhood Reinvestment Corporation. Does this give the federal government more power? — The bill increases federal power slightly by mandating an Inspector General for the Neighborhood Reinvestment Corporation under federal law.
- Economy And Finance
- Does this make the government pay for what it commits to? — The bill promotes fiscal responsibility by establishing an Inspector General and mandating independent audits for the Neighborhood Reinvestment Corporation. Does this give people more protection from unfair business practices? — The bill's enhanced oversight of the Neighborhood Reinvestment Corporation may indirectly improve consumer protection through more responsible operations. Does this make it easier to run a small business? — The bill's improved oversight of the Neighborhood Reinvestment Corporation may indirectly improve small business support through more efficient resource allocation.
- Social Issues And Justice
- Does this make housing cost less? — The bill aims to improve oversight of the Neighborhood Reinvestment Corporation, potentially leading to more effective allocation of resources for affordable housing initiatives. Is this likely to lift people out of poverty? — Improved oversight and accountability within the Neighborhood Reinvestment Corporation may indirectly aid poverty reduction efforts. Is this likely to reduce homelessness? — The bill's improved oversight of the Neighborhood Reinvestment Corporation may indirectly help reduce homelessness through more effective programs.
- 7/28/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.