I 111th CONGRESS 2d Session H. R. 5872 IN THE HOUSE OF REPRESENTATIVES July 27, 2010 Mr. Frank of Massachusetts introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide adequate commitment authority for fiscal year 2010 for guaranteed loans that are obligations of the General and Special Risk Insurance Funds of the Department of Housing and Urban Development.

1.

Short title

This Act may be cited as the General and Special Risk Insurance Funds Availability Act of 2010.

2.

Adequate commitment authority

Notwithstanding any other provision of law, for fiscal year 2010 the Secretary of Housing and Urban Development may enter into commitments to guarantee loans, as authorized by sections 238 and 519 of the National Housing Act (12 U.S.C. 1715z–3 and 1735c), in an amount not exceeding $20,000,000,000 in total loan principal, any part of which is to be guaranteed.