Emergency Housing Assistance Act of 1983

[AI summary unavailable — showing source text] Emergency Housing Assistance Act of 1983 - Amends the Emergency Housing Act of 1975 to direct the Secretary of Housing and Urban Development to make emergency mortgage relief payments to mortgagees on behalf of certain delinquent mortgagors in a district when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board for such district or the nation. Provides for the discontinuation and reinstitution of such assistance program depending on such delinquency rate condition. Directs the Secretary to notify the mortgagees in a district of the institution or reinstitution of such a program in that district. Lists the conditions for assistance eligibility, which include requirements that: (1) the mortgage is not federally insured under the National Housing Act or the Housing Act of 1949; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which renders the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistan…