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HR 3281 100th Congress House

Lower Income Homeownership Refinancing Act

Official title: A bill to amend section 235 of the National Housing Act to encourage the refinancing of mortgages, loans, and advances of credit for which assistance payments … Show full official titleShow less

Official title: A bill to amend section 235 of the National Housing Act to encourage the refinancing of mortgages, loans, and advances of credit for which assistance payments are provided under the lower income homeownership program.

Introduced: September 16, 1987 See on congress.gov
Housing and Community Development Federal aid to housingHome ownershipHousing and Housing FinanceHousing finance
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Low-income housingMortgage loansMortgages
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 1987
Referred to Subcommittee on Housing and Community Development.
Sep 16, 1987
Referred to House Committee on Banking, Finance and Urban Affairs.
Sep 16, 1987
Introduced in House
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 Latest action October 1, 1987

Referred to Subcommittee on Housing and Community Development.

 Plain-English summary Congressional Research Service

Lower Income Homeownership Refinancing Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development periodically to review lower income homeownership assistance contracts to determine whether a mortgage, loan, or credit advance should be refinanced.

Directs the Secretary to provide specified financial assistance to encourage such refinancing.

Authorizes appropriations.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 3
D
Kaptur, Marcy
Ohio · Oct 8, 1987
 D
Mfume, Kweisi
Maryland · Oct 8, 1987
 D
Schumer, Charles E.
New York · Sep 16, 1987
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3281: Lower Income Homeownership Refinancing Act. 100th Congress. Open America. https://openamerica.io/bill/100-HR-3281/
MLA
"H.R. 3281: Lower Income Homeownership Refinancing Act." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-3281/.
Bluebook (legal)
H.R. 3281, 100th Cong. (2026), https://openamerica.io/bill/100-HR-3281/.
Markdown link
[H.R. 3281: Lower Income Homeownership Refinancing Act](https://openamerica.io/bill/100-HR-3281/)
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