HR 5017 · 111th Congress · Housing and Community Development
Rural Housing Preservation and Stabilization Act of 2010
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2010-04-28)
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Plain Language Summary
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Rural Housing Preservation and Stabilization Act of 2010 - Amends the Housing Act of 1949 and the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act to: (1) increase from up to 1% to up to 3.5% the guarantee fee on loans for housing and buildings on adequate farms; and (2) authorize the Secretary of Agriculture to collect an annual fee, during the term of such a loan, of up to 0.5% of its outstanding principal balance. Amends the Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriation Act, 2001 to repeal the maximum limit on the loan guarantee fee of 2%. Amends the Housing Act of 1949 to authorize the Secretary to guarantee such loans in aggregate amounts of up to $30 billion for FY2010 and each ensuing fiscal year.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 5017, Rural Housing Preservation and Stabilization Act of 2010
Apr 26, 2010<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on April 22, 2010.</p>
Full CBO report ↗H.R. 5017, Rural Housing Preservation and Stabilization Act of 2010
Apr 26, 2010Cost estimate for the bill as ordered reported by the House Committee on Financial Services on April 22, 2010.
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (9)
9 Democrats