S 2702 · 96th Congress · Housing and Community Development

A bill to correct an inequity in public housing sales.

Introduced 1980-05-14· Sponsored by Sen. Lugar, Richard G. [R-IN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1980-05-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the National Housing Act to authorize the Government National Mortgage Association (Ginnie Mae) to forgive outstanding mortgage payments on specified properties where it is shown that such properties were sold at a price higher than the appraised market value.…

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