HR 1532 · 117th Congress · Housing and Community Development
Improving FHA Support for Small-Dollar Mortgages Act of 2021
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2021-04-22)
Plain Language Summary
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Improving FHA Support for Small Dollar Mortgages Act of 2021 This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.…
Summarized by Claude AI · Non-partisan · For informational purposes only