US HB379 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 20 2011 - 25% progression, died in committee
Action: 2011-03-23 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Pending: House Subcommittee on Insurance, Housing and Community Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Community Partners Next Door Act of 2011 - Amends the National Housing Act to provide: (1) a 50% discount for teachers, teacher assistants, administrators, and public safety officers purchasing certain eligible asset properties for use as their primary residence; (2) a $100 downpayment on any related insured mortgage; and (3) a higher Federal Housing Administration (FHA) loan limit for such purchases in high-cost areas. Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual. Directs the Secretary of Housing and Urban Development (HUD) to carry out a program to inform teachers and public safety officers about such program.

Tracking Information

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Title

Community Partners Next Door Act of 2011

Sponsors


History

DateChamberAction
2011-03-23HouseReferred to the Subcommittee on Insurance, Housing and Community Opportunity.
2011-01-20HouseReferred to the House Committee on Financial Services.

Same As/Similar To

HB2986 (Related) 2011-10-04 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
HB3649 (Related) 2012-01-12 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Subjects


US Congress State Sources


Bill Comments

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