S. 2131 · 117th Congress
Improving FHA Support for Small-Dollar Mortgages Act of 2021
- Stage
- In committee
- Sponsor
- Jon Tester
- Introduced
- 2021-06-17
- Latest action
- 2021-06-24 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
Summary
Improving FHA Support for Small-Dollar Mortgages Act of 2021
This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $100,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.