Summary: S.848 — 94th Congress (1975-1976)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed Senate amended (09/10/1975)

(Measure passed Senate, amended, roll call #390 (91-0))

Increases the ceilings limitation for mobile-home loans which the Secretary of Housing and Urban Development is authorized to insure under Title I of the National Housing Act. Limits such federally-insured loans to finance the purchase of a mobile home to $12,500 (presently $10,000), or to $20,000 (presently $15,000) for a double-width mobile-home.