To amend the National Housing Act to increase the mortgage amount limits applicable to FHA mortgage insurance for multifamily housing located in high-cost areas.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
FHA Multifamily Loan Limit Adjustment Act of 2006 - Amends the National Housing Act to increase high-cost area and project-based additional mortgage loan limits for Federal Housing Administration (FHA)-insured mortgages for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing insurance; (4) moderate income and displaced family housing; (5) housing for the elderly; and (6) condominiums.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Reported by the Committee on Financial Services. H. Rept. 109-645.
Reported by the Committee on Financial Services. H. Rept. 109-645.
Placed on the Union Calendar, Calendar No. 384.
Mr. Miller, Gary moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H7594-7596)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5503.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H7594)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H7594)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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