S 740 · 96th Congress · Housing and Community Development
Homeownership Opportunity Act of 1979
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1979-03-22)
Plain Language Summary
[AI summary unavailable — showing source text]
Homeownership Opportunity Act of 1979 - Amends the National Housing Act to permit the Secretary of Housing and Urban Development to insure a graduated payment mortgage with a principal amount of up to 100 percent of the appraised value of the property involved.…
Summarized by Claude AI · Non-partisan · For informational purposes only