H.R.1555: American Cities Investment Act of 1997

About This Bill

Bill Sponsor

Bill Cosponsors

58 (58 Democrats, 1 Republican)

Bill Summary

American Cities Investment Act of 1997 - Amends the Housing and Community Development Act of 1974 to: (1) set limitations on maximum outstanding loan guarantees issued by the Secretary of Housing and Urban Development; (2) authorize the Secretary to guarantee advances from Federal Home Loan Banks; and (3) expand the community participation requirements to include major stakeholders (as defined by this Act). Amends the Federal Home Loan Bank...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.
May 8, 1997

Introduced in the House by Chaka Fattah (D-Pa.)

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