S. 1714 (108th): FHA Multifamily Loan Limit Adjustment Act of 2003

Introduced:
Oct 03, 2003 (108th Congress, 2003–2004)
Sponsor:
Sen. Jon Corzine [D-NJ]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


10/3/2003--Introduced.
FHA Multifamily Loan Limit Adjustment Act of 2003 - 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;
(4) moderate income and displaced family housing;
(5) housing for the elderly; and
(6) condominiums.
Increases:
(1) "amount per space" rental housing mortgage limits; and
(2) certain cooperative housing mortgage limits.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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