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- H.R.3043
H.R.3043: Zero Downpayment Pilot Program Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about congress
- Introduced June 23, 2005
- Latest Major Action July 17, 2006
Bill Sponsor
Bill Cosponsor
Bill Summary
Zero Downpayment Pilot Program Act of 2006 - (Sec. 2) Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure first-time homeowner zero-downpayment mortgages for one-family residences, including one- to three-unit dwellings, condominiums, cooperatives, and manufactured housing. Requires a mortgage, to be eligible for insurance, to involve a principal obligation of not more than 100% of the...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Housing and Community Opportunity.
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Subcommittee Hearings Held.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by Voice Vote.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 109-571.
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Placed on the Union Calendar, Calendar No. 326.
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| June 23, 2005 |
Introduced in the House by Pat Tiberi (R-Ohio) |