HR 3281 · 100th Congress · Housing and Community Development

Lower Income Homeownership Refinancing Act

Introduced 1987-09-16· Sponsored by Rep. Kleczka, Gerald D. [D-WI-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Housing and Community Development.(1987-10-01)

Plain Language Summary

[AI summary unavailable — showing source text] Lower Income Homeownership Refinancing Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development periodically to review lower income homeownership assistance contracts to determine whether a mortgage, loan, or credit advance should be refinanced. Directs the Secretary to provide specified financial assistance to encourage such refinancing. Authorizes appropriations.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (18)

15 Democrats3 Republicans