H.R. 464 (95th): A bill to amend the National Housing Act to prohibit Federal Housing Administration insurance of blanket mortgages on condominium projects, and Federal National Mortgage Association purchases of conventional condominium mortgages, where the developer retains or will retain a leasehold interest in the common areas and facilities of the project involved.

Introduced:
Jan 04, 1977 (95th Congress, 1977–1978)
Status:
Died (Referred to Committee)
See Instead:

H.R. 9723 (same title)
Referred to Committee — Oct 25, 1977

Sponsor
William Lehman
Representative for Florida's 13th congressional district
Party
Democrat
Related Bills
H.R. 592 (94th) was a previous version of this bill.

Referred to Committee
Last Action: Jan 14, 1975

H.R. 9723 (identical)

Referred to Committee
Last Action: Oct 25, 1977

 
Status

This bill was introduced on January 4, 1977, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 04, 1977
Referred to Committee Jan 04, 1977
 
Summary

No summaries available.

Cosponsors
none
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


1/4/1977--Introduced.
Revises the National Housing Act to prohibit Federal Housing Administration insurance of blanket mortgages on condominium projects, and Federal National Mortgage Association purchases of conventional condominium mortgages, where the developer, sponsor, or any other person has reserved the right (1) to lease to the unit owner any of the common areas serving the project, or (2) to accept leases from unit owners under which owners may be charged for the use of common areas.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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