H.R. 4273 · 109th Congress
Community Partners Next Door Act of 2005
- Stage
- In committee
- Sponsor
- Katherine Harris
- Introduced
- 2005-11-09
- Latest action
- 2006-01-05 · Referred to the Subcommittee on Housing and Community Opportunity.
Summary
Community Partners Next Door Act of 2005 - Amends the National Housing Act to provide: (1) a 50% discount for teachers, teacher assistants, administrators, and public safety officers purchasing (FY2006-FY2010) certain eligible asset properties for use as their primary residence; and (2) a $100 downpayment on any related insured mortgage.
Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual.