S.2841 - FHA Multifamily Housing Loan Limit Improvement Act107th Congress (2001-2002)
|Sponsor:||Sen. Corzine, Jon S. [D-NJ] (Introduced 08/01/2002)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||08/01/2002 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: S.2841 — 107th Congress (2001-2002)All Bill Information (Except Text)
FHA Multifamily Housing Loan Limit Improvement Act - Amends the National Housing Act to increase and index to the Bureau of the Census' annual construction cost index multifamily project mortgage loan limits for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing; (4) housing for moderate income and displaced families; (5) housing for the elderly; and (6) condominiums.
Introduced in Senate (08/01/2002)
Increases loan limits in high-cost areas.