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HR 4959 100th Congress House

National Housing Trust Act

Official title: A bill to establish a National Housing Trust to assist first-time homebuyers.

Introduced: June 30, 1988 See on congress.gov
Housing and Community Development Department of Housing and Urban DevelopmentEconomics and Public FinanceExecutive reorganizationFederal aid to housing
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Government trust fundsHome ownershipHousing and Housing Finance
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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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 27, 1988
Subcommittee Hearings Held.
Jul 15, 1988
Referred to Subcommittee on Housing and Community Development.
Jun 30, 1988
Referred to House Committee on Banking, Finance and Urban Affairs.
Jun 30, 1988
Introduced in House
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 Latest action September 27, 1988

Subcommittee Hearings Held.

 Plain-English summary Congressional Research Service

National Housing Trust Act - Establishes the National Housing Trust in the Department of Housing and Urban Development to assist first-time homebuyers so the rate of interest payable on the mortgages does not exceed six percent. Sets homebuyer eligibility requirements.

Establishes the National Housing Trust Fund in the Treasury.

Authorizes FY 1989 through 1991 appropriations.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Pelosi, Nancy
California · Jun 30, 1988
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4959: National Housing Trust Act. 100th Congress. Open America. https://openamerica.io/bill/100-HR-4959/
MLA
"H.R. 4959: National Housing Trust Act." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-4959/.
Bluebook (legal)
H.R. 4959, 100th Cong. (2026), https://openamerica.io/bill/100-HR-4959/.
Markdown link
[H.R. 4959: National Housing Trust Act](https://openamerica.io/bill/100-HR-4959/)
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