HR 4959
100th Congress
House
Housing and Community Development
Department of Housing and Urban Development
Economics and Public Finance
Executive reorganization
Federal aid to housing
Government trust funds
Home ownership
Housing and Housing Finance
National Housing Trust Act
Introduced: June 30, 1988
See on congress.gov
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
Plain-English summary
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.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2
Cosponsors
1