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S. 2131IntroducedHOUSING AND COMMUNITY DEVELOPMENT

Improving FHA Support for Small-Dollar Mortgages Act of 2021

Congressional oversight · Government studies and investigations · Housing finance and home ownership
Sponsor
Sen. Tester, Jon [D-MT]
D · MT
Key facts
Introduced: Jun 17, 2021
Chamber: Senate
Cosponsors: 2
Congress: 117th
Latest action · Jun 24, 2021
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-384.

Summary

Improving FHA Support for Small-Dollar Mortgages Act of 2021

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 $100,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.

Summary by Congressional Research Service.

Timeline

  1. Jun 24, 2021
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-384.
  2. Jun 17, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  3. Jun 17, 2021
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
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