American Homeownership Act of 1998

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Removal of Barriers to Affordable Housing Title II: Homeownership Through Mortgage Insurance and Loan Guarantees Title III: Assistance for Self-Help Housing Providers Title IV: Section 8 Homeownership Option Title V: Home Investment Partnerships Program Title VI: Local Homeownership Initiatives Title VII: Manufactured Housing Improvement Title VIII: Indian Housing Homeownership American Homeownership Act of 1998 - Title I: Removal of Barriers to Affordable Housing - Affordable Housing Barrier Removal Act of 1998 - Requires proposed and final agency rules to analyze their impact upon affordable housing availability. Directs the Secretary of Housing and Urban Development (HUD) to develop model housing impact analyses. (Sec. 103) Amends the Housing and Community Development Act of 1992 to authorize direct appropriations for State and local grants for regulatory barrier removal. (Sec. 104) Amends the Housing and Community Development Act of 1974 to make affordable housing barrier removal eligible for community development block grant (CDBG) assistance. (Sec. 105) States that the regulatory barriers clearinghouse shall be established within the Office of Poli…