Summary: S.740 — 96th Congress (1979-1980)All Information (Except Text)

There is one summary for S.740. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/22/1979)

Homeownership Opportunity Act of 1979 - Amends the National Housing Act to permit the Secretary of Housing and Urban Development to insure a graduated payment mortgage with a principal amount of up to 100 percent of the appraised value of the property involved.