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United States · Amendment · HAMDT

HAMDT 683 (111th)

An amendment numbered 4 printed in House Report 111-503 to require HUD to submit an annual report to Congress discussing proposed or actual increases in the minimum cash investment requirements (downpayment requirements) in the FHA program. It further gives HUD the authority to establish higher minimum cash investment requirements for all or class(es) of borrowers and requires HUD to take into consideration the findings of the annual report.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Bean amendment (A004) Agreed to by voice vote.

Sponsors

Rep. Bean, Melissa L. [D-IL-8]

Subjects

Discovery layer

Source updated

3 February 2022

Records

Official amendment HAMDT 683 (111th) from United States at United States Congress. Status: On agreeing to the Bean amendment (A004) Agreed to by voice vote..

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Sources

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