Zero Downpayment Act of 2004

Summary

Zero Downpayment Act of 2004 - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure zero-downpayment mortgages of an eligible single family residence for a first-time homebuyer who has received specified homeownership counseling. Terminates program authority after September 30, 2011, except for mortgages executed prior to such date.

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

Timeline

1. 22 July 2004

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8738-8739)

   Source: IntroReferral

2. 22 July 2004

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 7 September 2004

   Introduced

   Sponsor introductory remarks on measure. (CR S8863-8864)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 22 July 2004 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 22 July 2004

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 22 July 2004

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 22 July 2004

  Open at official source

Sponsors

• Sen. Smith, Gordon H. [R-OR] · R · Sponsor
• · ssbk00 · Standing

Related records

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