H.R.2922: Federal Assistance Downpayment Reform Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about housing and community development
  • Introduced June 17, 2009
  • Latest Major Action June 17, 2009

Bill Sponsor

Bill Summary

Federal Assistance Downpayment Reform Act of 2009 - Amends the Housing Act of 1949 to prohibit the Secretary of Agriculture from making loans for housing and buildings on adequate farms to any borrower or providing any guarantee, under the Doug Bereuter section 502 single family housing loan guarantee program, for any loan to any borrower, unless the borrower has paid, in cash or its equivalent, on account of the property to be acquired or...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
June 17, 2009

Introduced in the House by Jeff Flake (R-Ariz.)

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