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United States · Bill · HR

H.R. 2388 (101st)

Rural Housing Improvement Act of 1989

referredUnited States· United States Congress· EN

Introduced

17 May 1989

Last action

1 June 1989 · Referred

Status

Referred to the Subcommittee on Housing and Community Development.

Sponsors

Rep. McDade, Joseph M. [R-PA-10], Rep. Ridge, Thomas J. [R-PA-21], Rep. Bereuter, Doug [R-NE-1], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Espy, Mike [D-MS-2], Rep. Emerson, Bill [R-MO-8], Rep. Gunderson, Steve [R-WI-3], Rep. Horton, Frank J. [R-NY-29], Rep. Hatcher, Charles [D-GA-2], Rep. McEwen, Bob [R-OH-6], Rep. Poshard, Glenn [D-IL-22], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Walsh, James T. [R-NY-25], Rep. Harris, Claude [D-AL-7], Rep. Watkins, Wes [R-OK-3], Rep. de la Garza, E. [D-TX-15], Rep. Smith, Peter [R-VT-At Large], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Jontz, Jim [D-IN-5], Rep. Towns, Edolphus [D-NY-10], Rep. Whitten, Jamie L. [D-MS-1], Rep. Bustamante, Albert G. [D-TX-23], Rep. Hubbard, Carroll, Jr. [D-KY-1], Rep. Bruce, Terry L. [D-IL-19], Rep. Lancaster, H. Martin [D-NC-3], Rep. Grandy, Fred [R-IA-6], Rep. Leath, Marvin [D-TX-11], Rep. Rangel, Charles B. [D-NY-15], Rep. DeFazio, Peter A. [D-OR-4], Del. de Lugo, Ron [D-VI-At Large], Rep. Rogers, Harold [R-KY-5], Rep. Eckart, Dennis E. [D-OH-11]

Subjects

Housing

Source updated

26 August 2025

Housing

Summary

Rural Housing Improvement Act of 1989 - Title I: Rural Housing Loan Guarantees - Amends the Housing Act of 1949 to establish a guaranteed loan program for moderate income rural borrowers to acquire or rehabilitate single-family homes. Gives priority to first-time homebuyers. Provides for: (1) lender guarantee fees; (2) loan refinancing; (3) nonassumption of loans; and (4) geographic loan targeting. Title II: Agricultural Mortgage Secondary Market - Amends the Farm Credit Act of 1971 to expand the definition of "agricultural real estate" for purposes of the agricultural mortgage secondary market. Title III: Technical Assistance - Provides technical assistance for the programs under titles I and II of this Act. Authorizes appropriations.

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

Timeline

  1. 17 May 1989

    Introduced

    Referred to the House Committee on Banking, Finance + Urban Affrs.

    Source: IntroReferral

  2. 17 May 1989

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 May 1989

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 23 May 1989

    Referred

    Referred to the Subcommittee on Conservation Credit and Rural Development.

    Source: Committee

  5. 1 June 1989

    Referred

    Referred to the Subcommittee on Housing and Community Development.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

    ViewDownloadOpen at official source

  • Introduced in House

    summary · EN · 17 May 1989

    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

Related records

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Sources

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