H.R. 8974 · 116th Congress
FHA Fairness Act
- Stage
- In committee
- Sponsor
- Pete Aguilar
- Introduced
- 2020-12-16
- Latest action
- 2020-12-16 · Introduced in House
Summary
FHA Fairness Act
This bill increases the mortgage limit for federal mortgage insurance eligibility for homes in certain cities and counties. Specifically, this increase applies to metropolitan cities and urban counties with higher housing costs that have experienced a decrease in home values over a specified time period.