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United States · Bill · HR

H.R. 10926 (93rd)

National Homestead Act

referredUnited States· United States Congress· EN

Introduced

16 October 1973

Last action

16 October 1973 · Introduced

Status

Referred to House Committee on Banking and Currency.

Sponsors

Rep. Holt, Marjorie S. [R-MD-4], Rep. Abzug, Bella S. [D-NY-20], Rep. Baker, LaMar [R-TN-3], Rep. Chisholm, Shirley [D-NY-12], Rep. Cronin, Paul W. [R-MA-5], Rep. Derwinski, Edward J. [R-IL-4], Rep. Hogan, Lawrence J. [R-MD-5], Rep. Huber, Robert J. [R-MI-18], Rep. Ketchum, William M. [R-CA-18], Rep. O'Brien, George M. [R-IL-17], Rep. O'Hara, James G. [D-MI-12], Rep. Pepper, Claude [D-FL-14], Rep. Pettis, Jerry L. [R-CA-37], Rep. Podell, Bertram L. [D-NY-13], Rep. Rangel, Charles B. [D-NY-19], Sen. Riegle, Donald W., Jr. [D-MI], Rep. Rooney, Fred B. [D-PA-15], Rep. Rousselot, John H. [R-CA-26], Rep. Schroeder, Patricia [D-CO-1], Rep. Towell, David [R-NV-98], Rep. Ware, John H. [R-PA-5], Rep. Wolff, Lester L. [D-NY-6]

Subjects

Housing

Source updated

3 September 2025

Housing

Official sourceView documentsShare

Summary

National Homestead Act - Directs the Secretary of Housing and Urban Development to compile a catalog of all unoccupied single-family dwellings in urban and other areas within the Unites States which are owned by him or his Department, and which would be suitable for occupancy and rehabilitation by qualified low and moderate-income families. Requires the Secretary to take such steps as may be necessary to assure that the residents of each community or area in which any such dwelling is located will be fully and currently informed of the existence, nature, and location of such dwellings. States that an applicant is qualified, for the purposes of participation in the program under this Act with respect to any dwelling, only if he or she (1) is eighteen years of age or older, (2) is the head of his or her household, (3) is a citizen of the United States, (4) has not previously participated in the program, (5) is not the owner of any other real property, and (6) possesses the financial, technical, and other resources which are necessary to rehabilitate such dwelling. Requires each applicant to enter into an agreement that, among other things, he or she will reside in the dwelling for a period of at least five years and will during such period rehabilitate and maintain the dwelling so that it satisfies all of the requirements of applicable State and local law. States that the conveyance of any dwelling to an applicant under this Act shall be made on a conditional basis, in return for the payment by such applicant of $1 and the execution by such applicant of the aforementioned agreement. Provides that upon any material failure by the applicant to carry out his or her agreement entered into under this Act the conditional conveyance of title to such applicant shall be revoked. States that after the applicant has resided in the dwelling for the required five-year period and has rehabilitated and maintained it and otherwise complied with the terms of his or her agreement throughout such period, he shall be granted a fee simple title to such property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 October 1973

    Introduced

    Referred to House Committee on Banking and Currency.

    Source: IntroReferral

  2. 16 October 1973

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 October 1973

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

Sources

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