United States · Amendment · HAMDT
HAMDT 227 (98th)
An amendment to add a new title, Title VI, Guaranteed Loan Demonstration Program. The amendment permits the Secretary to insure loans made by State housing finance agencies or private lenders. Interest subsidies may be provided to borrowers whose incomes does not exceed 130 percent of the median income of the area involved. When the property is sold the borrower must repay the interest subsidies. And, the amendment provides $100,000,000 to carry out the demonstration program.
Introduced
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Last action
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Status
Amendment Passed in Committee of the Whole by Voice Vote.
Sponsors
Rep. Watkins, Wes [R-OK-3]
Subjects
Housing
Source updated
30 June 2021
Records
Official amendment HAMDT 227 (98th) from United States at United States Congress. Status: Amendment Passed in Committee of the Whole by Voice Vote..
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Sponsors
- Rep. Watkins, Wes [R-OK-3] · D · Sponsor
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/amendment/98th-congress/hamdt-227
- Open data entity: https://api.congress.gov/v3/amendment/98/hamdt/227
- us · 98-hamdt-227 · source updated 30 June 2021