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Community Partners Next Door Act of 2007

Introduced: January 4, 2007 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
Mar 16, 2007
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 4, 2007
Referred to the House Committee on Financial Services.
Jan 4, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Community Partners Next Door Act of 2007 - Amends the National Housing Act to provide: (1) a 50% discount for teachers, teacher assistants, administrators, and public safety officers purchasing certain eligible asset properties for use as their primary residence; (2) a $100 downpayment on any related insured mortgage; and (3) a higher Federal Housing Administration (FHA) loan limit for such purchases in high-cost areas.

Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual.

Directs the Secretary of Housing and Urban Development (HUD) to carry out a program to inform teachers and public safety officers about such program.

What's happening now March 16, 2007

Referred to the Subcommittee on Housing and Community Opportunity.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 3