A bill to amend the Housing Act of 1949 to make discretionary the power of the Secretary of Agriculture to provide interest credit subsidy to low and moderate income borrowers, and for other purposes.

Summary

Amends the Housing Act of 1949 to authorize rather than require the Secretary of Agriculture to furnish interest credits on certain loans to provide housing aid or farm improvements for elderly, handicapped, or low- and moderate-income persons and families in rural areas. Repeals a requirement that a certain percentage of such loans be provided to low-income persons or families.

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

Timeline

1. 1 May 1981

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

2. 1 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 May 1981

   Referred

   Referred to Subcommittee on Housing and Community Development.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 1 May 1981

  Open at official source

Sponsors

• Rep. Wampler, William C. [R-VA-9] · R · Sponsor
• · hsba00 · Standing

Related records

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