S 2131 · 117th Congress · Housing and Community Development
Improving FHA Support for Small-Dollar Mortgages Act of 2021
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Banking, Housing, and Urban Affairs. Hearings held.(2021-06-24)
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 $100,000. 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