HR 2850 · 101th Congress · Housing and Community Development
Lower Income Homeownership Refinancing Act of 1989
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Housing and Community Development.(1989-07-15)
Plain Language Summary
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Lower Income Homeownership Refinancing Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development to periodically 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 (5)
4 Democrats1 Republican