United States · Bill · HR
H.R. 3527 (111th)
FHA Multifamily Loan Limit Adjustment Act of 2009
Introduced
31 July 2009
Last action
—
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
FHA Multifamily Loan Limit Adjustment Act of 2009 - Amends the National Housing Act to revise the maximum mortgage loan principal amounts the Secretary of Housing and Urban Development (HUD) may insure for elevator-type multifamily structures for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing; (4) housing for moderate income and displaced families; (5) housing for elderly persons; and (6) condominiums. Replaces the current specific dollar amount limitations per family unit by which the insurable mortgage principal obligation for elevator-type multifamily structures may be increased. Prescribes instead an increase limitation per family unit of up to 50% higher than the corresponding limitations for non-elevator-type multifamily structures. Authorizes the Secretary to prescribe a higher maximum (up to 50%) for the principal obligation of mortgages insured for multifamily projects located in an extremely high-cost area (similar to that for mortgage insurance for property in Alaska, Guam, Hawaii, and the Virgin Islands).
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Documents
8 official files
Referred in Senate (text)
Referred in Senate (text)
Referred in Senate · EN · 17 September 2009
Referred in Senate (PDF)
Referred in Senate · EN · 17 September 2009
Engrossed in House (text)
Engrossed in House · EN · 15 September 2009
Engrossed in House (PDF)
Engrossed in House · EN · 15 September 2009
Passed House amended
summary · EN · 15 September 2009
Introduced in House (text)
Introduced in House · EN · 31 July 2009
Introduced in House (PDF)
Introduced in House · EN · 31 July 2009
Introduced in House
summary · EN · 31 July 2009
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/3527
- Open data entity: https://api.congress.gov/v3/bill/111/hr/3527