S 1714 · 108th Congress · Housing and Community Development

FHA Multifamily Loan Limit Adjustment Act of 2003

Introduced 2003-10-03· Sponsored by Sen. Corzine, Jon S. [D-NJ]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S12461-12462)(2003-10-03)

Plain Language Summary

[AI summary unavailable — showing source text] FHA Multifamily Loan Limit Adjustment Act of 2003 - Amends the National Housing Act to increase high-cost area and project-based additional mortgage loan limits for Federal Housing Administration (FHA)-insured mortgages for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing; (4) moderate income and displaced family housing; (5) housing for the elderly; and (6) condominiums. Increases: (1) "amount per space" rental housing mortgage limits; and (2) certain cooperative housing mortgage limits.…

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

Cosponsors (1)

1 Democrat
Sen. Schumer, Charles E. [D-NY]NY