Amendment111th Congress
Amendment increases loan limits for the construction or rehabilitation of multifamily housing with elevators including rentals, cooperatives and condominiums to ensure that they represent current construction costs; and creates an "extremely high cost area" category for FHA Multifamily Insurance similar to those in Alaska, Guam, Hawaii, and the Virgin Islands.
- Amendment Number
- 687
- Description
- Amendment increases loan limits for the construction or rehabilitation of multifamily housing with elevators including rentals, cooperatives and condominiums to ensure that they represent current construction costs; and creates an "extremely high cost area" category for FHA Multifamily Insurance similar to those in Alaska, Guam, Hawaii, and the Virgin Islands.
- Purpose
- An amendment numbered 8 printed in House Report 111-503 to increase loan limits for the construction or rehabilitation of multifamily housing with elevators including rentals, cooperatives, condominiums to ensure that they represent today's construction costs. Would create an `extremely high cost area' category for FHA Multifamily Insurance for those areas, similar to those in Alaska, Guam, Hawaii, and the Virgin Islands.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Jun 10, 2010
- Latest Action Text
- On agreeing to the Weiner amendment (A008) Agreed to by voice vote.
- Latest Action Time
- 12:30:32
- Submitted Date
- Jun 10, 2010
- Chamber
- House of Representatives
- Update Date
- Dec 5, 2020