H.R. 3088 · 109th Congress

Homestead Preservation Act

Stage
In committee
Introduced
2005-06-28
Latest action
2005-07-25 · Referred to the Subcommittee on Employer-Employee Relations.

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.