A bill to amend section 234 of the National Housing Act to permit shared equity condominium mortgages.

Summary

Amends the National Housing Act to exempt comortgagors participating in shared equity condominium mortgages from the prohibition against any person owning more than four condominium units the mortgages of which are insured under such Act.

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

Timeline

1. 1 February 1983

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 1 February 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 4 February 1983

   Committee

   Committee on Banking requested executive comment from HUD.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 1 February 1983

  Open at official source

Sponsors

• Sen. Mathias, Charles McC., Jr. [R-MD] · R · Sponsor
• · ssbk00 · Standing

Related records

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