United States · Bill · HR
H.R. 5525 (100th)
Affordable Family Home Mortgage Act of 1988
Introduced
13 October 1988
Last action
—
Status
Referred to Subcommittee on Housing and Community Development.
Sponsors
—
Subjects
Discovery layer
Source updated
28 August 2025
Summary
Affordable Family Home Mortgage Act of 1988 - Permits eligible first-time homebuyers to enter into an agreement with a qualified lending institution to transfer their mortgage interest tax benefits to such lender for the first five years of the mortgage. Amends the Internal Revenue Code to permit a five-year transfer of the amount of mortgage interest deduction from an eligible first-time homebuyer to a qualifying lending institution.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 13 October 1988
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/5525
- Open data entity: https://api.congress.gov/v3/bill/100/hr/5525