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HR 2961 108th Congress House Housing and Community Development Congress Congressional reporting requirements Economics and Public Finance Emergency Management Federally-assisted loans Federally-guaranteed loans Finance and Financial Sector Fire fighters Home ownership Housing subsidies Insurance premiums Interest Mortgage guaranty insurance Mortgage interest rates Mortgages Social Welfare Volunteer workers

Firefighters Affordable Housing Act

Introduced: July 25, 2003 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 25, 2003
Referred to the Subcommittee on Housing and Community Opportunity.
Jul 25, 2003
Referred to the House Committee on Financial Services.
Jul 25, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Firefighters Affordable Housing Act - Authorizes the Secretary of Housing and Urban Development to provide mortgage assistance to qualified volunteer firefighters. Ends such assistance upon termination of: (1) use as primary residence; or (2) firefighter duties within ten years of the mortgage's execution.

Amends the National Housing Act to provide for one percent downpayments (and deferral and reduction of up-front premium) for Federal Housing Administration mortgage loans for qualified professional firefighters to purchase homes within the jurisdictions of their employing public fire service or rescue or ambulance agency. (Requires the mortgagor to not have had an ownership interest in a principal residence within such jurisdiction during the 12-month period ending upon the mortgage's insurance.)

What's happening now August 25, 2003

Referred to the Subcommittee on Housing and Community Opportunity.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2 Independent 1