A bill to amend the National Housing Act to extend the authority for mortgage insurance, to increase the maximum mortgage amounts.

Summary

Amends the National Housing Act to extend the eligibility of mortgages for insurance and to increase the maximum allowable mortgage amounts. Extends the eligibility for insurance of mortgages of housing for moderate income and displaced families. Directs the Secretary of Housing and Urban Development to prepare and publish annually prototype housing costs for each housing market in the United States. Amends the National Housing Act to extend specified Federal Housing Administration insurance programs including the following: (1) housing renovation and modernization; (2) general insurance authorization; (3)armed services housing; (4) group practice facilities and medical practice facilities; and (5) new communities. Extends the authority of the Secretary of Housing and Urban Development to grant flexible interest rates for specified mortgage insurance programs.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 2 March 1977

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.