United States · Bill · HR
H.R. 8815 (95th)
A bill to provide that any bank or depository institution situated in a standard metropolitan statistical area must invest 25 percent of its mortgage portfolio in loans secured by real property situated in inner cities located within the standard metropolitan statistical area in which the depository institution is situated.
Introduced
5 August 1977
Last action
—
Status
Referred to House Committee on Banking, Finance and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Requires that any bank or depository institution situated in a standard metropolitan statistical area must invest 25 percent of its mortgage portfolio in loans secured by real property situated in inner cities located within the standard metropolitan statistical area in which the depository institution is situated.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 5 August 1977
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/8815
- Open data entity: https://api.congress.gov/v3/bill/95/hr/8815