H.R.1798: HUD Property Disposition Reform Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about government operations and politics
  • Introduced June 5, 1997
  • Latest Major Action June 27, 1997

Bill Cosponsor

Bill Summary

HUD Property Disposition Reform Act - Prohibits the Secretary of Housing and Urban Development from using specified lease options in carrying out the program of disposing of single family properties for use by the homeless. States that the purchase price of such disposed properties shall be the fair market value less specified discounts depending upon whether the sale is: (1) a mortgage-insured sale or under a lease-option to purchase...

(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.
June 5, 1997

Introduced in the House by Richard Hugh Baker (R-La.)

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