Emergency Home Financing Assistance Act

Summary

Emergency Home Financing Assistance Act - Amends the Solid Waste Disposal Act to authorize the Secretary of Housing and Urban Development (HUD) to guarantee loans to homeowners with properties contaminated and reduced in value by leaking underground storage tanks. Permits loans to be used for other residences or to obtain equity in the property. Imposes income restrictions on borrowers. Requires public housing agencies to physically maintain qualified (entitled to a loan guarantee) property under its jurisdiction. Requires the loans to pay reasonable interest and the Secretary to fix and collect loan guarantee fees. Directs the Secretary to issue a certificate of guarantee for approved loans. Sets forth loan default procedures, providing for foreclosure, assignment, and forgiveness, as specified. Establishes in the Treasury a loan guarantee fund to be credited with loan collections, guarantee fees, and interest and to pay costs of the program to the extent that amounts in the fund are made available by appropriations acts.

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

Timeline

1. 8 October 2002

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 8 October 2002

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 8 October 2002

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 October 2002

   Introduced

   Introduced in House

   Source: IntroReferral

5. 25 October 2002

   Referred

   Referred to the Subcommittee on Housing and Community Opportunity.

   Source: Committee

6. 28 October 2002

   Referred

   Referred to the Subcommittee on Environment and Hazardous Materials, for a period to be subsequently determined by the Chairman.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 October 2002 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 October 2002

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 October 2002

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 8 October 2002

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Kanjorski, Paul E. [D-PA-11] · D · Sponsor
• · hsif00 · Standing
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.