Disapproves certain rules of the Department of Housing and Urban Development which would: (1) require competitive bidding by borrowers under the Department's loan program for housing for the elderly or handicapped whenever a housing construction contract exceeds $100,000; (2) increase the minimum capital investment of borrowers under such program; and (3) conform cost limits on units of housing under such program to unit cost limits under a specified mortgage guarantee program.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported.
Reported to House by House Committee on Banking, Finance and Urban Affairs. Report No: 97-591.
Reported to House by House Committee on Banking, Finance and Urban Affairs. Report No: 97-591.
Placed on Union Calendar No: 364.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line