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United States · Bill · HR

H.R. 2975 (105th)

Federal Housing Corporation Charter Act

referredUnited States· United States Congress· EN

Introduced

8 November 1997

Last action

26 November 1997 · Referred

Status

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

Sponsors

Rep. Vento, Bruce F. [D-MN-4]

Subjects

Healthcare, Housing

Source updated

21 August 2025

Healthcare · Housing

Official sourceDownload fileView documentsShare

Summary

TABLE OF CONTENTS: Title I: Organization of Corporation Title II: Business of Corporation Title III: Transition Title IV: Provisions Relating to Government National Mortgage Association and Office of Federal Housing Enterprise Oversight Federal Housing Corporation Charter Act - Title I: Organization of Corporation - Establishes within the Department of Housing and Urban Development the Federal Housing Corporation. Title II: Business of the Corporation - States that the Corporation shall carry out mortgage insurance programs for single family and multifamily housing and health care facilities. Requires the Corporation to comply with public purpose requirements to be established by the Secretary of Housing and Urban Development, which shall include service to underserved homebuyers, areas, and rental markets, and low- and moderate-income families. Title III: Transition - Sets forth transition provisions. Title IV: Provisions Relating to Government National Mortgage Association and Office of Federal Housing Enterprise Oversight - Amends the National Housing Act to include the Corporation within the mortgage authority of the Government National Mortgage Association. Places the Corporation under the regulatory authority of the Director of the Office of Federal Housing Enterprise Oversight.

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

Timeline

  1. 8 November 1997

    Introduced

    Referred to the House Committee on Banking and Financial Services.

    Source: IntroReferral

  2. 8 November 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 8 November 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 November 1997

    Referred

    Referred to the Subcommittee on Housing and Community Opportunity.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 8 November 1997

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  • Introduced in House (PDF)

    Introduced in House · EN · 8 November 1997

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 8 November 1997

    Open at official source

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Sponsors

Related records

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Sources

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