S. 1597 · 108th Congress

Homestead Preservation Act

Stage
In committee
Introduced
2003-09-09
Latest action
2003-09-09 · Introduced in Senate

Summary

Homestead Preservation Act - Directs the Secretary of Labor to establish a program of low-interest loan (residential) mortgage assistance to eligible persons who are separated from their employment.

Limits assistance to 12 months, and requires repayment within five years.