H.R.1462: To amend section 203 of the National Housing Act to reduce the minimum downpayment required for a mortgage on a 1- to 4-family residence located in Alaska, Guam, Hawaii, or the Virgin Islands to be eligible for mortgage insurance under such Act.

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about housing and community development
  • Introduced March 24, 1993
  • Latest Major Action April 1, 1993

Bill Summary

Amends the National Housing Act to reduce the minimum mortgage downpayment necessary to qualify for mortgage insurance in Alaska, Guam, Hawaii, or the Virgin Islands.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Housing and Community Development.
March 24, 1993

Introduced in the House by Patsy T. Mink (D-Hawaii)

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