Amendment requires HUD to use family incomes to determine if Government Sponsored Enterprises (GSE) are serving low- and moderate-income families, rather than the size of the loan and the value of the property, as is the current practice.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Kennedy amendment (A003) Agreed to by voice vote.

Records

Official amendment HAMDT 300 (102nd) from United States at United States Congress. Status: On agreeing to the Kennedy amendment (A003) Agreed to by voice vote..

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Related records

amends → Government-Sponsored Housing Enterprises Financial Safety and Soundness Act of 1991

Sources

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Official source: https://www.congress.gov/amendment/102nd-congress/hamdt-300
Open data entity: https://api.congress.gov/v3/amendment/102/hamdt/300
us · 102-hamdt-300 · source updated 7 June 2021