FHA Single Family Loan Limit Adjustment Act of 2005

Fact Sheet API

Bill Number

HR 176

Introduced

Jan 4, 2005

Latest Action

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsor

Cosponsors

Topics

Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Housing and Community Development Mortgage guaranty insurance Mortgages Single family housing

Full Text

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Votes

Summary

FHA Single Family Loan Limit Adjustment Act of 2005 - Amends the National Housing Act to revise eligibility requirements for Federal Housing Administration (FHA) single family mortgage insurance to increase the maximum principal obligation to the lesser of: (1) 100% (currently 95%) of the median single-family house price in the area; or (2) 100% (currently 87%) of the alternative the dollar amount limitation.

Actions

Feb 23, 2005

Referred to the Subcommittee on Housing and Community Opportunity.
Jan 4, 2005

Referred to the House Committee on Financial Services.
Jan 4, 2005

Introduced in House

Amendments

Related Bills