HR 3281
100th Congress
House
Housing and Community Development
Federal aid to housing
Home ownership
Housing and Housing Finance
Housing finance
Low-income housing
Mortgage loans
Mortgages
Lower Income Homeownership Refinancing Act
Introduced: September 16, 1987
See on congress.gov
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
Plain-English summary
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.
What's happening now
Referred to Subcommittee on Housing and Community Development.
Committees of jurisdiction
2