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United States · Bill · HR

H.R. 3146 (111th)

21st Century FHA Housing Act of 2009

referredUnited States· United States Congress· EN

Introduced

9 July 2009

Last action

16 September 2009 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Rep. Adler, John H. [D-NJ-3], Rep. Lee, Christopher J. [R-NY-26], Rep. Himes, James A. [D-CT-4], Rep. Lance, Leonard [R-NJ-7], Rep. Perlmutter, Ed [D-CO-7]

Subjects

Environment, Housing, Education

Source updated

14 January 2025

Environment · Housing · Education

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Summary

21 Century FHA Housing Act of 2009 - Amends the National Housing Act to declare that the Secretary of Housing and Urban Affairs (HUD) is not subject to the National Environmental Policy Act of 1969 when insuring any mortgage for a one-family unit in a multifamily project that holds an undivided interest in the common areas and facilities which serve the project (condominium). Authorizes the Secretary to: (1) appoint and fix the compensation of HUD personnel; and (2) use certain funds to maintain an appropriate level of investment in information technology in order to upgrade HUD technology systems used in carrying out personnel-related functions. Requires the Secretary to: (1) establish a comprehensive training and education program to improve certain HUD services to users of Federal Housing Administration (FHA) mortgage insurance programs; and (2) conduct an ongoing review of delinquencies among recent single family housing mortgage originations. Amends the Helping Families Save Their Homes Act of 2009 to direct the Secretary to implement procedures that analyze mortgage performance during the mandatory random review of mortgagees of mortgages on one- to four-family residences who potentially present a high risk to the Mutual Mortgage Insurance Fund. Expresses the sense of the Congress that the Secretary of the Treasury, the Secretary of HUD, and the Director of the Federal Housing Finance Agency should use their authorities under the Emergency Economic Stabilization Act of 2008 (EESA), the Housing and Economic Recovery Act of 2008, and other statutory and regulatory authorities to provide financial support and assistance to facilitate increased warehouse credit capacity by qualified warehouse lenders. Urges that such financial support and assistance: (1) be used only to expand the amount of credit or lending capacity made available to qualified mortgage lenders by qualified warehouse lenders in order to fund residential mortgage loans; and (2) be provided in a form and manner which might include direct loans, guarantees, credit enhancement, and other incentives. Amends the National Housing Act to authorize the Secretary to implement alternative insured mortgage foreclosure avoidance demonstration programs, including methods involving short sales and deeds in lieu of foreclosure, and even partial or full payment of insurance benefits to the mortgagee.

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

Timeline

  1. 9 July 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 9 July 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 July 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 September 2009

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H9520-9521)

    Source: Floor

  5. 15 September 2009

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  6. 15 September 2009

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H9520-9521)

    Source: Floor

  7. 15 September 2009

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3146.

    Source: Floor

  8. 15 September 2009

    Floor

    Considered under suspension of the rules. (consideration: CR H9520-9522)

    Source: Floor

  9. 15 September 2009

    Floor

    Mr. Adler (NJ) moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  10. 16 September 2009

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

8 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 16 September 2009

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 16 September 2009

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  • Engrossed in House (text)

    Engrossed in House · EN · 15 September 2009

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 15 September 2009

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  • Passed House amended

    summary · EN · 15 September 2009

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  • Introduced in House (text)

    Introduced in House · EN · 9 July 2009

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  • Introduced in House (PDF)

    Introduced in House · EN · 9 July 2009

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  • Introduced in House

    summary · EN · 9 July 2009

    Open at official source

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Sponsors

Related records

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Sources

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