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United States · Bill · HR

H.R. 4822 (106th)

American Communities Investment Act of 1999

referredUnited States· United States Congress· EN

Introduced

11 July 2000

Last action

31 July 2000 · Referred

Status

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsors

Rep. Fattah, Chaka [D-PA-2], Rep. Frost, Martin [D-TX-24], Sen. Brown, Sherrod [D-OH], Del. Christensen, Donna M. [D-VI-At Large], Rep. Filner, Bob [D-CA-51], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Hastings, Alcee L. [D-FL-20], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Kilpatrick, Carolyn C. [D-MI-13], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Reyes, Silvestre [D-TX-16], Rep. Thompson, Bennie G. [D-MS-2], Rep. Barrett, Thomas M. [D-WI-5], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Borski, Robert A. [D-PA-3], Rep. Lee, Barbara [D-CA-12], Rep. Lewis, John [D-GA-5], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Clay, William (Bill) [D-MO-1], Rep. Payne, Donald M. [D-NJ-10], Rep. Kaptur, Marcy [D-OH-9], Rep. Davis, Danny K. [D-IL-7], Rep. Meek, Carrie P. [D-FL-17], Rep. Doyle, Michael F. [D-PA-14], Rep. DeGette, Diana [D-CO-1], Rep. Forbes, Michael P. [D-NY-1], Rep. Waters, Maxine [D-CA-43], Rep. Rush, Bobby L. [D-IL-1]

Subjects

Housing

Source updated

20 August 2025

Housing

Summary

American Communities Investment Act of 1999 - Amends the Housing and Community Development Act of 1974 to revise requirements for the maximum amount of outstanding loan guarantees for a single issuer in connection with community development. Mandates participation of the major stakeholders in the community in which activities funded with guaranteed obligations will be implemented. Amends the Federal Home Loan Bank Act to set forth parameters within which: (1) Federal home loan banks may make advances to a nonmember mortgagee for community lending purposes; and (2) each Federal home loan bank shall establish a Community Lending Fund to facilitate community lending by its members and nonmember mortgagees.

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

Timeline

  1. 11 July 2000

    Introduced

    Referred to the House Committee on Banking and Financial Services.

    Source: IntroReferral

  2. 11 July 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 July 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 31 July 2000

    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 · 11 July 2000

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 July 2000

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 11 July 2000

    Open at official source

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Sponsors

Related records

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Sources

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