S 2709 · 95th Congress · Housing and Community Development

A bill to amend Title V of the Housing Act of 1949.

Introduced 1978-03-09· Sponsored by Sen. Morgan, Robert B. [D-NC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1978-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Housing Act of 1949 to authorize the Secretary of Agriculture to provide additional assistance to persons receiving aid for rural housing under the interest credit program who are unable to afford a dwelling. Prescribes the formula for determining the amount of such additional assistance. Provides for the recapture of all or a portion of the assistance rendered upon the disposition or nonoccupancy of the property by the borrower.…

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