Summary: H.R.5931 — 116th Congress (2019-2020)All Information (Except Text)

Bill summaries are authored by CRS.

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Passed House (03/02/2020)

Improving FHA Support for Small Dollar Mortgages Act of 2020

This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.