US HB583 | 2009-2010 | 111th Congress

Status

Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on January 15 2009 - 25% progression, died in committee
Action: 2009-01-15 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Community Partners Next Door Act of 2009 - 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 2009

Sponsors


History

DateChamberAction
2009-01-15 Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


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