Improving FHA Support for Small-Dollar Mortgages Act of 2021
Summary
Improving FHA Support for Small-Dollar Mortgages Act of 2021 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 $100,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 17, 2021
Last action Jun 24, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 24, 2021
Upper · Passed
Committee on Banking, Housing, and Urban Affairs. Hearings held.
upper
Jun 17, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jun 17, 2021
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jon Tester
DDemocratic
Co
Cynthia M. Lummis
RRepublican
Co
Tim Scott
RRepublican
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