Emergency Housing Act of 1975

[AI summary unavailable — showing source text] Emergency Homeowners' Relief Act - Authorizes the Secretary of Housing and Urban Development, under specified conditions, to make repayable emergency mortgage relief payments on behalf of homeowners who are delinquent in their mortgage payments. Provides that such payments shall include the principal, interest, taxes, ground rents, hazard insurance, and mortgage insurance premiums not to exceed $250 per month. Directs that such payments may continue for a period of up to twelve months. Requires that the Secretary make periodic reports to Congress of action under this program.…