S 2131 · 117th Congress · Housing and Community Development

Improving FHA Support for Small-Dollar Mortgages Act of 2021

Introduced 2021-06-17· Sponsored by Sen. Tester, Jon [D-MT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking, Housing, and Urban Affairs. Hearings held.(2021-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (2)

2 Republicans