109 HR 176 IH: FHA Single Family Loan Limit Adjustment Act of 2005 U.S. House of Representatives 2005-01-04 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.

I 109th CONGRESS 1st Session H. R. 176 IN THE HOUSE OF REPRESENTATIVES January 4, 2005 Mr. Gary G. Miller of California (for himself and Mr. Frank of Massachusetts) introduced the following bill; which was referred to the Committee on Financial Services A BILL To facilitate homeownership in high-cost areas.

1.

Short title

This Act may be cited as the FHA Single Family Loan Limit Adjustment Act of 2005.

2.

FHA single family housing maximum mortgage limit

Section 203(b)(2)(A) of the National Housing Act (12 U.S.C. 1709(b)(2)(A)) is amended— (1)in clause (i), by striking 95 percent and inserting 100 percent; (2)in clause (ii)— (A)by striking 87 percent and inserting 100 percent ; and (B)by striking for Fiscal Year and inserting a comma; and (3)by moving subparagraph (A), including clauses (i) and (ii) of such subparagraph, 2 ems to the right.