HR 5926 · 93th Congress ·
State Housing Corporation Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking and Currency.(1973-03-21)
Plain Language Summary
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State Housing Corporation Act - Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to State housing corporations. Declares it to be the purpose of this Act to provide a means for private financial institutions to assist in providing housing, particularly for low- or moderate- income families, through such purchases and investments. (Amends 12 U.S.C. 1464(c), 24)…
Summarized by Claude AI · Non-partisan · For informational purposes only