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H.R. 5931

BillFederalHousePassed House
Improving FHA Support for Small Dollar Mortgages Act of 2020
About This Bill
Passed
Latest Action · March 3, 2020
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
116th (2019–2021)
Introduced
February 21, 2020
Sponsor
Rep. Wm. ClayD
Cosponsors (5)
3D 2R
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Summary

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Improving FHA Support for Small Dollar Mortgages Act of 2020 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 $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.

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