3.0.0 1805 2023-01-11T20:41:43Z 2023-01-11T20:41:43Z Senate S S 2007-07-17 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-07-17T20:08:21Z FHA Multifamily Loan Limit Adjustment Act of 2007 110 127 HR 2007-01-04 Referred to the House Committee on Financial Services. Related bill CRS 2007-07-17 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-07-17 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2007-07-24 False Housing and Community Development Apartment houses Condominium (Housing) Cooperative housing Disasters Economics and Public Finance Emergency Management Families Federal aid to housing Federally-guaranteed loans Finance and Financial Sector Housing for the aged Moderate income housing Mortgages Rental housing Residential rehabilitation Single family housing Social Welfare Urban affairs Urban renewal Housing and Community Development 00 2007-07-17 Introduced in Senate 2007-08-01T20:25:30Z FHA Loan Limit Adjustment Act of 2007 - Amends the National Housing Act with respect to mortgage insurance eligibility to revise requirements for the principal amount of a mortgage loan, in part increasing the amount of a mortgage that may be insured by the Federal Housing Administration (FHA).

Repeals the requirement that certain mortgagors, before a mortgage is insured, complete a program of counseling on the responsibilities and financial management involved in homeownership.

Increases high-cost area and project-based additional mortgage loan limits for FHA-insured mortgages for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing insurance; (4) moderate income and displaced family housing; (5) housing for the elderly; and (6) condominiums.

]]> FHA Loan Limit Adjustment Act of 2007 Official Title as Introduced A bill to amend the National Housing Act to increase the mortgage amount limits applicable to housing insured by FHA mortgage insurance. Introduced in Senate IS Display Title FHA Loan Limit Adjustment Act of 2007 Short Titles as Introduced FHA Loan Limit Adjustment Act of 2007 Introduced in Senate 2007-07-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1805is/xml/BILLS-110s1805is.xml 2007-07-17 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.