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S. 1508 112th Congress Senate

Homeownership Affordability Act of 2011

Official title: A bill to extend loan limits for programs of the Federal Housing Administration, the government-sponsored enterprises, and the Department of Veterans Affairs, and for other purposes.

Introduced: August 2, 2011 See on congress.gov
Housing and Community Development Administrative law and regulatory proceduresFederal Housing Finance AgencyHousing and community development fundingHousing finance and home ownership
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User charges and feesVeterans' loans, housing, homeless programs
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 2011
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 2, 2011
Introduced in Senate
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 Latest action August 2, 2011

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Homeownership Affordability Act of 2011 - Extends through December 31, 2013, specified loan limits for the Federal Housing Administration (FHA), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises), and the Department of Veterans Affairs.

Directs the Federal Housing Finance Agency to increase mortgage guarantee fees charged by Fannie Mae and Freddie Mac for mortgage loans of between $625,500 and $729,750 originated between October 1, 2011 and December 31, 2013, in an amount necessary to increase by $336 million the revenue raised from such fees.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 5
D
Shaheen, Jeanne
New Hampshire · Oct 19, 2011
 D
Merkley, Jeff
Oregon · Oct 6, 2011
 D
Coons, Christopher A.
Delaware · Oct 3, 2011
 D
Blumenthal, Richard
Connecticut · Sep 12, 2011
 D
Schumer, Charles E.
New York · Sep 7, 2011
Isakson, Johnny
· Aug 2, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1508: Homeownership Affordability Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-S-1508/
MLA
"S. 1508: Homeownership Affordability Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1508/.
Bluebook (legal)
S. 1508, 112th Cong. (2026), https://openamerica.io/bill/112-S-1508/.
Markdown link
[S. 1508: Homeownership Affordability Act of 2011](https://openamerica.io/bill/112-S-1508/)
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