Housing Act of 1986

[AI summary unavailable — showing source text] Housing Act of 1986 - Title I: Program Extensions and Amendments - Subtitle A: General Extension of Programs - Amends the National Housing Act to extend authority through September 30, 1987, for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) mortgage co-insurance, including rental rehabilitation and development projects; (5) graduated payment and indexed mortgage insurance; (6) the demonstration mortgage reinsurance program; (7) mortgage insurance for armed forces' civilian employees and defense housing for impacted areas; (8) mortgage insurance for land development; and (9) mortgage insurance for medical and dental group practice facilities. Amends the Housing Act of 1964 to extend urban rehabilitation loan authority through September 30, 1987. Amends the Housing Act of 1949 to extend Farmers Home Administration authority through September 30, 1987, for: (1) insured loans for rental and cooperative housing and related facilities for elderly persons and families in rural areas; and (2) mutual and self-help housing grant and loan authorit…