A bill to amend the National Housing Act to increase the limit for mortgages eligible to be insured by the Secretary of the Department of Housing and Urban Development, and for other purposes.
Target FHA to 1st-Time Homebuyers Act - Amends the National Housing Act to authorize a mortgage limit increase for first-time homebuyers.
Directs the Secretary of Housing and Urban Development to increase mortgage programs for low-income, minority, and first-time homebuyers.
Introduced in Senate
Read twice and referred to the Committee on Banking.
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