Improving FHA Support for Small Dollar Mortgages Act of 2020

United States116th CongressHR-5931House of Representatives
Updated: Mar 3, 2020

Summary

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.

Bill texts

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Timeline

  1. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

  2. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1426-1427)

    House of Representatives

  3. Motion to reconsider laid on the table Agreed to without objection.

    House of Representatives

  4. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate