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S. 2131

Introduced

Improving FHA Support for Small-Dollar Mortgages Act of 2021

Introduced 6/17/2021•117th Congress•Senate

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-384.

6/24/2021 • Senate

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.

Introduced in Senate • 6/17/2021

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Topics & Subjects

Congressional oversightGovernment studies and investigationsHousing finance and home ownershipHousing supply and affordability

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (3)

Party Breakdown

1
Democrats
2
Republicans
0
Independents

Sponsor

S[
Sen. Tester, Jon [D-MT]

Democrat • MT

Sponsored 6/17/2021

Cosponsors (2)

S[
Sen. Lummis, Cynthia M. [R-WY]

R-WY

Joined 6/17/2021

S[
Sen. Scott, Tim [R-SC]

R-SC

Joined 7/15/2021

Bill Journey

Originated in the Senate

Introduced

June 17, 2021

Committee Review

June 24, 2021

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-384.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate6/17/2021

Details

Bill TypeS
Current StatusIntroduced
Cosponsors2