Consumers' Home Improvement Protection Act

Summary

Consumers' Home Improvement Protection Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development to take the following actions to prevent rehabilitation loan program fraud: (1) prohibit identity of interest of borrowers (including nonprofit organizations), lenders, consultants, real estate agents, inspectors, or appraisers; (2) establish nonprofit organization participation standards; (3) prohibit final loan disbursement until rehabilitation completion; and (4) require consultant certification and contractor qualification (for projects of $25,000 or more). Directs the Secretary report on nonprofit organization program participation.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 February 2000

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• Introduced in House (PDF)

  Introduced in House · EN · 10 February 2000

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• Introduced in House

  summary · EN · 10 February 2000

  Open at official source

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