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H.R. 4991

BillFederalHouseIn Committee
Homeowners Preservation of Equity Act of 2006
About This Bill
Committee
Latest Action · March 16, 2006
Referred to the House Committee on Financial Services.
Congress
109th (2005–2007)
Introduced
March 16, 2006
Cosponsors (13)
13D 0R
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Summary

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Homeowners Preservation of Equity Act of 2006 - Directs the Secretary of the Treasury, in consultation with federal banking agencies, the National Credit Union Administration, and the appropriate state bank supervisors of each state contained in whole or in part in the GO Zone (as defined by the Internal Revenue Code), to establish a program to provide temporary emergency mortgage payments on behalf of an eligible individual whose principal residence was significantly damaged or made uninhabitable by Hurricane Katrina or related flooding.

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