Top Legislation - View All
Also tagged in: Aged, Apartment houses, Budgets, Condominium (Housing), Disasters, Emergency management, Families, Federal aid to housing, Federally-guaranteed loans, Finance, Housing, Housing for the aged, Moderate income housing, Mortgages, Rental housing, Residential rehabilitation, Urban affairs, Urban renewal
Latest Action: 01/04/2007 - Referred to the House Committee on Financial Services. Bill TextTo amend the National Housing Act to increase the mortgage amount limits applicable to FHA mortgage insurance for multifamily housing located in high-cost areas. 1/4/2007--Introduced. FHA Multifamily Loan Limit Adjustment Act of 2007 - 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.
Also tagged in: Apartment houses, Auctions, Auditing, Budgets, Building laws, Business, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Housing, Hurricanes, Income tax, Indexing (Economic policy), Insurance companies, Insurance premiums, Law, Property insurance, Public contracts, Reinsurance, Restrictive trade practices, State and local government, State laws, Tsunamis, Volcanoes, Water resources
Latest Action: 01/09/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a Federal program to provide reinsurance to improve the availability of homeowners' insurance. 1/9/2007--Introduced. Homeowners' Insurance Availability Act of 2007 - Instructs the Secretary of the Treasury to implement a reinsurance coverage program available only through contracts for reinsurance coverage purchased at regional auctions. States that the purpose of the program is to improve: (1) the availability of homeowners' insurance for the purpose of facilitating the pooling, and spreading the risk, of catastrophic financial losses from disasters; and (2) the solvency of the homeowners' insurance markets. Prescribes implementation guidelines that include establishment: (1) in the Treasury of the Disaster Reinsurance Fund; and (2) of a National Commission on Catastrophe Risks and Insurance Loss Costs.
Also tagged in: Accounting, Administrative fees, Apartment houses, Architecture, Building construction, Commemorations, Condominium (Housing), Depressed areas, Economic policy, Enterprise zones, Finance, Historic sites, History, Home ownership, Home repair and improvement, Housing, Humanities, Income tax, Investment tax credit, Law, Low-income housing, Mortgage banks, Mortgage interest rates, Mortgages, Natural resources, Public lands, Rental housing, Tax credits, Tax exclusion, Taxation, Urban affairs, Valuation, Welfare
Latest Action: 02/05/2007 - Sponsor introductory remarks on measure. (CR H1155) Bill TextTo amend the Internal Revenue Code of 1986 to expand the incentives for the rehabilitation of older buildings, including owner-occupied residences. 1/22/2007--Introduced. Preserve Historic America Act of 2007 - Amends the Internal Revenue Code to modify the tax credit for rehabilitation of older and historic buildings by: (1) increasing from 20 to 25% the tax credit rate for certified historic structure rehabilitation expenditures; (2) permitting a building at least 50 years old to qualify for the rehabilitation tax credit (currently, a building must have been placed in service before 1936); (3) permitting qualified rehabilitated buildings to be used for lodging purposes; (4) limiting to 50% the basis reduction for buildings qualifying for the low-income housing and rehabilitation tax credits; (5) allowing an increased rehabilitation tax credit for certain buildings in difficult development areas or which qualify as small rehabilitation projects; (6) exempting tax credits [...] show full description
Also tagged in: Affordable housing, Apartment houses, Building laws, Finance, Home repair and improvement, Housing, Mortgages, Public contracts, Real estate appraisal, Rental housing, Residential rehabilitation, Surplus government property
Latest Action: 04/12/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo provide for more accurate valuation of multifamily housing properties, and loans for such properties, that are sold at a discount by the Department of Housing and Urban Development to facilitate acquisition of such properties that maintains the properties as affordable housing. 1/24/2007--Introduced. Pathway to Preservation Act of 2007 - Amends the Deficit Reduction Act of 2005 to redefine "loan market value," which currently means the value of a multifamily (rental or cooperative housing project) loan, without taking into account any affordability requirements. Repeals the condition that affordability requirements not be taken into account. Defines "loan market value" as the value of a multifamily (rental or cooperative housing project) loan using industry standard appraisal practices, including consideration of the cost of repairs needed for the property subject to the loan to comply with minimum safety and building standards and the cost of maintaining [...] show full description
Also tagged in: Administrative procedure, Alaska, Alternative energy sources, Automobiles, Budgets, Business, Condominium (Housing), Conservation of natural resources, Continental shelf, Department of Transportation, Depletion allowances, Depreciation and amortization, Education, Electric power production, Electric utilities, Elementary and secondary education, Energy, Energy conservation, Energy conservation in buildings, Energy efficiency, Energy prices, Energy research, Energy supplies, Energy transportation, Environmental protection, Executive departments, Federal aid to education, Fees, Fines (Penalties), Fuel cells, Fuel consumption, Gas in submerged lands, Gas industry, Geology, Geophysical prediction, Geothermal resources, Government procurement, Gulf of Mexico, Housing, Hydroelectric power, Income tax, Investment tax credit, Landfills, Law, Marine resources, Methane, Natural gas, Natural resources, Nuclear power plants, Ocean energy resources, Oil and gas leases, Oil and gas royalties, Oil well drilling, Petroleum, Petroleum in submerged lands, Petroleum industry, Petroleum refineries, Petroleum reserves, Pipelines, Propane, Prospecting, Public contracts, Public lands, Refuse as fuel, School buildings, Science policy, Secondary recovery of gas, Secondary recovery of oil, Small business, Solar energy, Solid wastes, Standards, Submarine oil well drilling, Subsidies, Tax credits, Tax deductions, Taxation, Tidal power, Transportation, Water resources, Wind power
Latest Action: 03/01/2007 - Referred to the Subcommittee on Energy and Mineral Resources. Bill TextTo provide for the energy independence of the United States. 2/16/2007--Introduced. Freedom through Renewable Energy Expansion (FREE) Act - Amends the Energy Policy Act of 2005 to repeal provisions regarding: (1) the next generation nuclear plant project; (2) standby support for certain nuclear plant delays; and (3) incentives for oil and gas production from federal lands. Amends the Internal Revenue Code (IRC) to repeal: (1) the credit for production from advanced nuclear power facilities; (2) the election to expense certain refineries; (3) treatment of natural gas distribution lines as 15-year property; (4) treatment of natural gas gathering lines as seven-year property; (5) the rule for determining the small refiner exception to the oil depletion deduction; and (6) the amortization of geological and geophysical expenditures. Amends the Outer Continental Shelf Lands Act and the Naval Petroleum Reserves Production Act of 1976 to repeal the suspension of: (1) [...] show full description
Also tagged in: Aged, Apartment houses, Budgets, Condominium (Housing), Disasters, Emergency management, Families, Federal aid to housing, Federally-guaranteed loans, Finance, Housing, Housing for the aged, Moderate income housing, Mortgages, Rental housing, Residential rehabilitation, Single family housing, Urban affairs, Urban renewal
Latest Action: 07/17/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the National Housing Act to increase the mortgage amount limits applicable to housing insured by FHA mortgage insurance. 7/17/2007--Introduced. FHA Loan Limit Adjustment Act of 2007 - Amends the National Housing Act with respect to mortgage insurance eligibility to revise requirements for the principal amount of a mortgage loan, in part increasing the amount of a mortgage that may be insured by the Federal Housing Administration (FHA). Repeals the requirement that certain mortgagors, before a mortgage is insured, complete a program of counseling on the responsibilities and financial management involved in homeownership. Increases high-cost area and project-based additional mortgage loan limits for 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.
Also tagged in: Administrative procedure, Affordable housing, Aged, Apartment houses, Budgets, Children, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Consumer credit, Consumer education, Consumers, Correspondent banks, Counseling, Credit bureaus, Day care, Debtor and creditor, Department of Housing and Urban Development, Disaster relief, Electronic data interchange, Emergency management, Executive departments, Federal aid to housing, Federal-local relations, Federal-state relations, Federally-guaranteed loans, Finance, Fines (Penalties), Foreclosure, Government information, Government paperwork, Government trust funds, Governmental investigations, Hawaiians, Home equity conversion, Home ownership, Housing, Housing finance, Housing for the aged, Identification devices, Indian housing, Indians, Information technology, Insurance premiums, Law, Loan defaults, Low-income housing, Minorities, Mobile homes, Mortgage banks, Mortgage guaranty insurance, Mortgages, Prefabricated buildings, Real estate appraisal, Rental housing, Residential rehabilitation, Risk, Settlement costs, Single family housing, Social services, Standards, State and local government, Surety and fidelity, Technology, Telecommunication, Welfare
Latest Action: 09/19/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes. 9/18/2007--Passed House amended. (There are 2 other summaries) Expanding American Homeownership Act of 2007 - (Sec. 3) Amends the National Housing Act (Act) to: (1) modify requirements governing the maximum principal loan obligation, changing it to 125% of the median one-family house price in the area; and (2) extend the mortgage term from 35 to 40 years. (Sec. 5) Revises eligibility criteria for cash down payment for mortgage insurance. Alters the formula for determining the principal obligation to set the loan-to-value (LTV) for a Federal Housing Administration (FHA) single family home at 97.75 % of the appraised value of the property (plus the amount of the mortgage insurance premium paid at the time the mortgage is insured, as under current law). [...] show full description
Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to improve access of senior homeowners to capital. 8/3/2007--Introduced. Capital Access for Senior Homeowners Act of 2007 - Amends the National Housing Act with respect to insurance of home equity conversion mortgages for elderly homeowners. Repeals the 275,000 cap on the aggregate number of such mortgages insured under the Act. Authorizes the Secretary of Housing and Urban Development to insure a home equity conversion mortgage when the primary purpose of such mortgage is to enable an elderly mortgagor to purchase a one- to four-family dwelling in which the mortgagor will occupy or occupies one of the units. Extends the meaning of mortgage which may be insured to: (1) a first or subordinate mortgage or lien on all stock allocated to a dwelling unit in a residential cooperative housing corporation; or (2) a first mortgage or first lien on a leasehold under certain related leases. Directs the Comptroller General to study and report to Congress [...] show full description
Also tagged in: Aged, Budgets, Condominium (Housing), Congress, Congressional investigations, Consumer credit, Consumers, Counseling, Department of Housing and Urban Development, Energy, Energy efficiency, Executive departments, Federal aid to housing, Fees, Finance, Foreclosure, Fraud, Government trust funds, Hawaii, Home equity conversion, Home ownership, Homestead law, Housing, Housing for the aged, Indian housing, Insurance premiums, Minorities, Mobile homes, Mortgage guaranty insurance, Mortgages, Performance measurement, Residential rehabilitation, Secondary mortgage market, Single family housing, Social services
Latest Action: 12/17/2007 - Received in the House. Bill TextAn original bill to modernize and update the National Housing Act and enable the Federal Housing Administration to more effectively reach underserved borrowers, and for other purposes. 12/14/2007--Passed Senate amended. (There are 2 other summaries) FHA Modernization Act of 2007 - Title I: Building American Homeownership - Building American Homeownership Act of 2007 - (Sec. 102) Amends the National Housing Act to: (1) modify requirements for the maximum principal loan obligation, changing one element in the formula from 95% to 100% of the median one-family house price in the area; and (2) limit the principal loan obligation to 100% of the appraised value of the property. (Sec. 103) Amends the National Housing Act to revise eligibility criteria for cash down payment for Federal Housing Administration (FHA) mortgage insurance. Reduces such payment from the current 3% to 1.5% of the appraised value of the property. Repeals the authority [...] show full description
Also tagged in: Apartment houses, Business, Condominium (Housing), Congress, Home ownership, Housing, Income tax, Landlord and tenant, Real estate business, Rental housing, Sunset legislation, Tax exclusion, Taxation
Latest Action: 06/07/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale of certain residential leased-fee interests to holders of the leasehold rights. 6/7/2007--Introduced. Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) an association of apartment owners of a multi-family residential leasehold property; or (2) a cooperative housing corporation for a residential leasehold property. Terminates such exclusion after 2012.
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Latest Legislation - View All
Also tagged in: Administrative procedure, Afghanistan, Apartment houses, Armed forces, Bonds, Budgets, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Consumer credit, Consumers, Counseling, Damages, Defense policy, Department of the Treasury, Economic policy, Energy, Energy efficiency, Executive departments, Federal aid to housing, Federally-guaranteed loans, Fees, Finance, Foreclosure, Fraud, Government trust funds, Hawaiians, Home equity conversion, Home ownership, Housing, Income tax, Indexing (Economic policy), Indian housing, Insurance premiums, Iraq, Iraq compilation, Law, Leases, Liability (Law), Loan defaults, Losses, Middle East and North Africa, Military operations, Minimum tax, Minorities, Mobile homes, Mortgage guaranty insurance, Mortgage interest rates, Mortgages, Performance measurement, Rental housing, Residential rehabilitation, Single family housing, Social services, South Asia, Tax credits, Tax deductions, Taxation, Trusts and trustees, Veterans
Latest Action: 03/11/2008 - Star Print ordered on the bill. Bill TextA bill to aid families and neighborhoods facing home foreclosure and address the subprime mortgage crisis. 3/7/2008--Introduced. Security Against Foreclosures and Education Act, or the SAFE Act - Amends the Internal Revenue Code to allow proceeds of qualified mortgage bonds to be used to refinance certain residential subprime loans. Requires the Neighborhood Reinvestment Corporation to continue to award expeditiously certain funds already provided for mortgage foreclosure counseling. Amends the Code to allow purchasers of certain single-family principal residences a one-time tax credit. Amends the Truth in Lending Act to: (1) revise creditor mortgage loan disclosure requirements; and (2) increase civil damages for noncompliance with such Act. Amends the Code to: (1) allow a five-year carryback of net operating losses for certain taxable years; and (2) suspend through taxable year 2009 the 90% of alternative minimum taxable income limit for certain [...] show full description
Also tagged in: Aged, Bankruptcy, Bankruptcy courts, Caregivers, Cemeteries and funerals, Children, Civil procedure, Debtor and creditor, Disabled, Estates (Law), Families, Finance, Health policy, Housing, Law, Medical care, Medicine
Latest Action: 02/04/2008 - Referred to the Subcommittee on Commercial and Administrative Law. Bill TextTo amend title 11 of the United States Code to provide protection for medical debt homeowners, to restore bankruptcy protections for individuals experiencing economic distress as caregivers to ill or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems. 1/28/2008--Introduced. Medical Bankruptcy Fairness Act of 2008 - Amends federal bankruptcy law to cite circumstances under which a medically distressed debtor may elect to exempt from the property of the estate in bankruptcy up to $250,000 of the debtor's aggregate interest in specified real or personal property that the debtor (or debtor's dependent) uses as a residence, in a cooperative, or in a burial plot for the debtor or a dependent. Revises requirements for dismissal or conversion of a Chapter 7 case to prohibit the court or specified parties in interest from filing a motion to dismiss or convert to Chapter 11 or 13 if the debtor is [...] show full description
Latest Action: 10/30/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code to provide for an alternative test for qualifying as a cooperative housing corporation. 10/30/2007--Introduced. Cooperative Tax Deduction Preservation Act of 2007 - Amends the Internal Revenue Code to set forth alternative tests for qualifying as a cooperative housing corporation for purposes of the tax deduction for payments to such corporations. Qualifies a corporation if: (1) 80% or more of the total square footage of the corporation's property is used or available for use by its tenant-stockholders for residential purposes, or (2) 90% of the corporation's expenditures are for the acquisition, construction, management, maintenance, or care of its property for the benefit of the tenant-stockholders.
Also tagged in: Alabama, Alcohol tax, American Samoa, Armed forces, Bonds, Books, Brokers, Brownfields, Budgets, Business, Caribbean area, Charitable contributions, Children, Civil rights, Collection of accounts, College costs, Computer software, Computers, Congress, Congressional reporting requirements, Corporation taxes, Criminal justice, Debt, Defense policy, Depreciation and amortization, Discrimination in insurance, Discrimination in medical care, District of Columbia, Dividends, Earned income tax credit, Economic development, Economic policy, Education, Educational technology, Elementary and secondary education, Elementary education, Employee stock options, Employment, Environmental protection, Estate tax, Expatriation, Families, Federal aid to education, Federal-local relations, Finance, Food, Foreign corporations, Foreign tax credit, Gift tax, Government contractors, Government employees, Government information, Government paperwork, Government travel, Hazardous substances, Hazardous waste sites, Hazardous wastes, Health insurance, Higher education, Home ownership, Housing, Housing finance, Humanities, Hurricanes, Immigration, Income tax, Indian lands, Indians, Individual retirement accounts, Industrial research, Insurance premiums, Interest, Intergovernmental fiscal relations, Investments, Labor, Leases, Liability for environmental damages, Local taxation, Louisiana, Maintenance and repair, Mental health services, Mental illness, Military pay, Military personnel, Minimum tax, Minorities, Mississippi, Mortgage guaranty insurance, Mortgages, Mutual funds, Natural resources, Nature conservation, Partnerships, Pensions, Property tax, Public contracts, Puerto Rico, Railroads, Research and development tax credit, Restaurants, Sales tax, Scholarships, School buildings, Secondary education, Securities industry, Social security taxes, Solid wastes, Sports, Sports facilities, State and local government, State legislators, State taxation, Stocks, Student loan funds, Subsidiary corporations, Surety and fidelity, Tariff, Tax administration, Tax credits, Tax deductions, Tax deferral, Tax evasion, Tax exclusion, Tax incentives, Tax penalties, Tax refunds, Tax returns, Tax-deferred compensation plans, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Teaching materials, Technology, Terrorism, Trade, Transportation, Travel costs, Undercover operations, Valuation, Veterans, Veterans' benefits, Virgin Islands, Welfare, Wine, Withholding tax
Latest Action: 12/26/2007 - Became Public Law No: 110-166. Bill TextTo amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. 12/26/2007--Public Law. (There are 3 other summaries) (This measure has not been amended since it was passed by the Senate on December 6, 2007. The summary of that version is repeated here.) Tax Increase Prevention Act of 2007 - Amends the Internal Revenue Code to extend through 2007 for individual taxpayers: (1) the increased alternative minimum tax (AMT) exemption amounts; and (2) the offset of nonrefundable personal tax credits against regular and AMT liability.
Also tagged in: Bankruptcy, Business, Corporation taxes, Debt, Education, Emergency management, Emergency medicine, Families, Finance, Fire fighters, Higher education, Home ownership, Housing, Housing finance, Income tax, Insurance premiums, Loan defaults, Local taxation, Low-income housing, Medical care, Medicine, Mortgage guaranty insurance, Mortgages, Partnerships, Single-parent families, Small business, Social services, State and local government, State taxation, Students, Tax deductions, Tax exclusion, Tax penalties, Tax rates, Tax rebates, Tax returns, Taxation, Volunteer workers, Welfare, Widowers, Widows, Women
Latest Action: 12/20/2007 - Became Public Law No: 110-142. Bill TextTo amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income, and for other purposes. 12/20/2007--Public Law. (There are 4 other summaries) (This measure has not been amended since it was passed by the Senate on December 14, 2007. The summary of that version is repeated here.)Mortgage Forgiveness Debt Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income amounts attributable to a discharge, prior to January 1, 2010, of indebtedness incurred to acquire a principal residence. Limits to $2 million the excludable amount of such indebtedness. Reduces the basis of a principal residence by the amount of discharged indebtedness excluded from gross income. Disallows an exclusion for a discharge of indebtedness on account of services performed for the lender or any other factor not directly related to a decline in the value of the residence or to the financial [...] show full description
Also tagged in: Aged, Budgets, Condominium (Housing), Congress, Congressional investigations, Consumer credit, Consumers, Counseling, Department of Housing and Urban Development, Energy, Energy efficiency, Executive departments, Federal aid to housing, Fees, Finance, Foreclosure, Fraud, Government trust funds, Hawaii, Home equity conversion, Home ownership, Homestead law, Housing, Housing for the aged, Indian housing, Insurance premiums, Minorities, Mobile homes, Mortgage guaranty insurance, Mortgages, Performance measurement, Residential rehabilitation, Secondary mortgage market, Single family housing, Social services
Latest Action: 12/17/2007 - Received in the House. Bill TextAn original bill to modernize and update the National Housing Act and enable the Federal Housing Administration to more effectively reach underserved borrowers, and for other purposes. 12/14/2007--Passed Senate amended. (There are 2 other summaries) FHA Modernization Act of 2007 - Title I: Building American Homeownership - Building American Homeownership Act of 2007 - (Sec. 102) Amends the National Housing Act to: (1) modify requirements for the maximum principal loan obligation, changing one element in the formula from 95% to 100% of the median one-family house price in the area; and (2) limit the principal loan obligation to 100% of the appraised value of the property. (Sec. 103) Amends the National Housing Act to revise eligibility criteria for cash down payment for Federal Housing Administration (FHA) mortgage insurance. Reduces such payment from the current 3% to 1.5% of the appraised value of the property. Repeals the authority [...] show full description
Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to improve access of senior homeowners to capital. 8/3/2007--Introduced. Capital Access for Senior Homeowners Act of 2007 - Amends the National Housing Act with respect to insurance of home equity conversion mortgages for elderly homeowners. Repeals the 275,000 cap on the aggregate number of such mortgages insured under the Act. Authorizes the Secretary of Housing and Urban Development to insure a home equity conversion mortgage when the primary purpose of such mortgage is to enable an elderly mortgagor to purchase a one- to four-family dwelling in which the mortgagor will occupy or occupies one of the units. Extends the meaning of mortgage which may be insured to: (1) a first or subordinate mortgage or lien on all stock allocated to a dwelling unit in a residential cooperative housing corporation; or (2) a first mortgage or first lien on a leasehold under certain related leases. Directs the Comptroller General to study and report to Congress [...] show full description
Also tagged in: Access to airports, Accident insurance, Administrative fees, Age and employment, Aged, Agriculture, AIDS (Disease), Air traffic, Air traffic control, Air travel, Aircraft pilots, Airline employees, Airline passenger traffic, Airports, Alaska, Alcohol as fuel, Alien labor, Apartment houses, Appropriations, Architectural and Transportation Barriers Compliance Board, Architecture and the disabled, Armed forces, Authorization, Aviation accidents, Aviation safety, Avionics, Block grants, Boundaries, Budgets, Building construction, Business, Buy American, California, Capital investments, Civil liberties, Civil rights, Coal, Colonias, Community development, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Cost accounting, Criminal justice, Defense policy, Delaware, Department of Housing and Urban Development, Department of Transportation, Disabled, District of Columbia, Education, Electronic government information, Eminent domain, Employee rights, Energy, Energy conservation, Environmental protection, Ex-offenders, Executive departments, Fair housing, Families, Federal aid to housing, Federal aid to transportation, Federal employees, Federal home loan banks, Federal Maritime Commission, Federally-guaranteed loans, Finance, Flight training, Fraud, Government contractors, Government corporations, Government employees, Government information, Government National Mortgage Association, Government paperwork, Government procurement, Government publicity, Government securities, Government travel, Governmental investigations, Hazardous substances, Higher education, Highway finance, Home equity conversion, Home ownership, Homeless, Housing, Housing authorities, Housing finance, Housing for the aged, Housing for the disabled, Housing management, Housing subsidies, Illegal aliens, Illinois, Immigration, Income tax, Indian housing, Indians, Infrastructure, Infrastructure (Economics), Inspectors general, Interstate highway system, Iowa, Job training, Labor, Landlord and tenant, Latin America, Law, Lead, Leases, Legal services, Liability (Law), Lighting, Local laws, Low-income housing, Lumber trade, Marine resources, Marine transportation, Maryland, Mass rapid transit, Medical care, Medicine, Methane, Metropolitan areas, Mexico, Military personnel, Minorities, Mississippi, Mortgage banks, Mortgage guaranty insurance, Mortgage interest rates, Motor buses, Motor vehicle registration, Motor vehicle safety, National Railroad Passenger Corporation (Amtrak), National Transportation Safety Board, Natural resources, Navigational aids (Aeronautics), Neighborhood Reinvestment Corporation, Nevada, New Jersey, New Mexico, New York City, New York State, Nonprofit organizations, North Carolina, Pedestrians, Pennsylvania, Physical examinations, Pipelines, Policy sciences, Politics and government, Prosecution, Public contracts, Public housing, Public utility rates, Radar, Railroad commuting traffic, Railroad engineering, Railroad freight operations, Railroad passenger traffic, Railroad safety, Railroads, Recycling of waste products, Refuse and refuse disposal, Relocation, Rental housing, Reprogramming of appropriated funds, Rescission of appropriated funds, Research and development facilities, Residential rehabilitation, Retirement age, Right of privacy, Road construction, Rural affairs, Safety measures, Saint Lawrence Seaway Development Corporation, Salaries, Science policy, Secondary mortgage market, Social services, Solid wastes, State and local government, Stocks, Student aid, Students, Subsidies, Subways, Tax evasion, Tax returns, Taxation, Technological innovations, Technology, Terminals (Transportation), Terrorism, Texas, Toll roads, Trade, Transfer of employees, Transportation, Transportation engineering, Transportation of hazardous substances, Transportation research, Transportation safety, Travel costs, Trucking, Trucks, Tunnels, Urban affairs, Urban transportation, User charges, Veterans, Veterans' employment, Waste in government spending, Weather forecasting, Welfare, Welfare eligibility, Wheat
Latest Action: 11/14/2007 - On motion to recommit to conference committee Failed by the Yeas and Nays: 182 - 231 (Roll no. 1101). (consideration: CR H13903) Bill TextMaking appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2008, and for other purposes. 9/12/2007--Passed Senate amended. (There are 2 other summaries) Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2008 - Title I: Department of Transportation - Department of Transportation Appropriations Act, 2008 - Makes appropriations for FY2008 to the Department of Transportation, including: (1) the Office of the Secretary; (2) the Federal Aviation Administration (FAA); (3) the Federal Highway Administration; (4) the Federal Motor Carrier Safety Administration; (5) the National Highway Traffic Safety Administration (NHTSA); (6) the Federal Railroad Administration; (7) the Federal Transit Administration (FTA); (8) the Saint Lawrence Seaway Development Corporation; (9) the Maritime Administration; (10) the Pipeline and [...] show full description
Also tagged in: Aged, Apartment houses, Budgets, Condominium (Housing), Disasters, Emergency management, Families, Federal aid to housing, Federally-guaranteed loans, Finance, Housing, Housing for the aged, Moderate income housing, Mortgages, Rental housing, Residential rehabilitation, Single family housing, Urban affairs, Urban renewal
Latest Action: 07/17/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the National Housing Act to increase the mortgage amount limits applicable to housing insured by FHA mortgage insurance. 7/17/2007--Introduced. FHA Loan Limit Adjustment Act of 2007 - Amends the National Housing Act with respect to mortgage insurance eligibility to revise requirements for the principal amount of a mortgage loan, in part increasing the amount of a mortgage that may be insured by the Federal Housing Administration (FHA). Repeals the requirement that certain mortgagors, before a mortgage is insured, complete a program of counseling on the responsibilities and financial management involved in homeownership. Increases high-cost area and project-based additional mortgage loan limits for 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.
Also tagged in: Apartment houses, Business, Condominium (Housing), Congress, Home ownership, Housing, Income tax, Landlord and tenant, Real estate business, Rental housing, Sunset legislation, Tax exclusion, Taxation
Latest Action: 06/07/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale of certain residential leased-fee interests to holders of the leasehold rights. 6/7/2007--Introduced. Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) an association of apartment owners of a multi-family residential leasehold property; or (2) a cooperative housing corporation for a residential leasehold property. Terminates such exclusion after 2012.
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