HR 6578 · 95th Congress · Housing and Community Development

Home Improvement Loan Act

Introduced 1977-04-25· Sponsored by Rep. Metcalfe, Ralph H. [D-IL-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Home Improvement Loan Act - Authorizes the Secretary of Housing and Urban Development to make loans to low- and middle-income individuals and families owning one-, two-, or three-family residential structures in order to assist in financing necessary major improvements to their homes. Requires that at least ten percent of such loans outstanding be loans made to elderly homeowners.…

Summarized by Claude AI · Non-partisan · For informational purposes only