H.R.655: Pathway to Preservation Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about government operations and politics
  • Introduced Jan. 24, 2007
  • Latest Major Action April 12, 2007

Bill Summary

Pathway to Preservation Act of 2007 - Amends the Deficit Reduction Act of 2005 to redefine "loan market value," which currently means the value of a multifamily (rental or cooperative housing project) loan, without taking into account any affordability requirements. Repeals the condition that affordability requirements not be taken into account. Defines "loan market value" as the value of a multifamily (rental or cooperative housing project)...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
Jan. 24, 2007

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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