HR 8974
116th Congress
House
Finance and Financial Sector
Housing finance and home ownership
Insurance industry and regulation
Life, casualty, property insurance
FHA Fairness Act
Introduced: December 16, 2020
Introduced by:
Aguilar, Pete
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2020
Referred to the House Committee on Financial Services.
Dec 16, 2020
Introduced in House
Plain-English summary
FHA Fairness Act
This bill increases the mortgage limit for federal mortgage insurance eligibility for homes in certain cities and counties. Specifically, this increase applies to metropolitan cities and urban counties with higher housing costs that have experienced a decrease in home values over a specified time period.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1