A bill to authorize Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations.

referredUnited States· United States Congress· EN

Introduced

28 February 1973

Last action

—

Status

Referred to House Committee on Banking and Currency.

Summary

Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations. Declares it to be the purpose of this Act to provide a means for private financial institutions to assist in providing housing, particularly for low or moderate income families, through such purchases and investments. (Amends 12 U.S.C. 1464 (c), 24)

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Documents

1 official file

Introduced in House
summary · EN · 28 February 1973
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/house-bill/4988
Open data entity: https://api.congress.gov/v3/bill/93/hr/4988