Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 1555 (105th)

American Cities Investment Act of 1997

referredUnited States· United States Congress· EN

Introduced

8 May 1997

Last action

30 May 1997 · Referred

Status

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsors

Rep. Fattah, Chaka [D-PA-2], Rep. Conyers, John, Jr. [D-MI-13], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Meek, Carrie P. [D-FL-17], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Johnson, Eddie Bernice [D-TX-30], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Payne, Donald M. [D-NJ-10], Rep. Frost, Martin [D-TX-24], Rep. Rush, Bobby L. [D-IL-1], Rep. Clay, William (Bill) [D-MO-1], Rep. Davis, Danny K. [D-IL-7], Rep. Clayton, Eva M. [D-NC-1], Rep. Barrett, Thomas M. [D-WI-5], Rep. Thompson, Bennie G. [D-MS-2], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Jefferson, William J. [D-LA-2], Rep. Carson, Julia [D-IN-7], Rep. Blumenauer, Earl [D-OR-3], Rep. Gephardt, Richard A. [D-MO-3], Rep. Clyburn, James E. [D-SC-6], Rep. Shays, Christopher [R-CT-4], Rep. Hastings, Alcee L. [D-FL-20], Rep. DeGette, Diana [D-CO-1], Rep. Dellums, Ronald V. [D-CA-9], Rep. Filner, Bob [D-CA-51], Rep. Martinez, Matthew G. [D-CA-31], Rep. Evans, Lane [D-IL-17], Rep. Borski, Robert A. [D-PA-3], Rep. Hilliard, Earl F. [D-AL-7], Rep. Mascara, Frank [D-PA-20], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Waxman, Henry A. [D-CA-33], Rep. Kilpatrick, Carolyn C. [D-MI-13], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Coyne, William J. [D-PA-14], Rep. Brown, George E., Jr. [D-CA-42], Rep. Lewis, John [D-GA-5], Del. Christensen, Donna M. [D-VI-At Large], Rep. Flake, Floyd H. [D-NY-6], Rep. Kaptur, Marcy [D-OH-9], Rep. Allen, Thomas H. [D-ME-1], Rep. Towns, Edolphus [D-NY-10], Rep. Waters, Maxine [D-CA-43], Rep. Snyder, Vic [D-AR-2], Rep. Rangel, Charles B. [D-NY-15], Rep. Bishop, Sanford D. [D-GA-2], Rep. Watt, Melvin L. [D-NC-12]

Subjects

Housing

Source updated

21 August 2025

Housing

Official sourceDownload fileView documentsShare

Summary

American Cities Investment Act of 1997 - Amends the Housing and Community Development Act of 1974 to: (1) set limitations on maximum outstanding loan guarantees issued by the Secretary of Housing and Urban Development; (2) authorize the Secretary to guarantee advances from Federal Home Loan Banks; and (3) expand the community participation requirements to include major stakeholders (as defined by this Act). Amends the Federal Home Loan Bank Act to authorize advances to metropolitan cities, urban counties, or their public agencies for certain extraordinary, nonusual community development purposes pursuant to such loan guarantees. Prohibits the use of such funds to supplant Federal or non-federal fund sources. Sets forth amount limit and repayment provisions.

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

Timeline

  1. 8 May 1997

    Introduced

    Referred to the House Committee on Banking and Financial Services.

    Source: IntroReferral

  2. 8 May 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 8 May 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 30 May 1997

    Referred

    Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House (text)

    Introduced in House · EN · 8 May 1997

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 8 May 1997

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House

    summary · EN · 8 May 1997

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Showing 48 of 60 sponsors and actors.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.