An amendment to prohibit the Secretary of HUD from reducing, cancelling, or refusing to renew a section 502 loan due to an increase in the adjusted income of the borrower, if such action would cause the borrower to be unable to reasonably afford the resulting loan payments.

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Amendment Number
893
Description
An amendment to prohibit the Secretary of HUD from reducing, cancelling, or refusing to renew a section 502 loan due to an increase in the adjusted income of the borrower, if such action would cause the borrower to be unable to reasonably afford the resulting loan payments.
Congress
99
Type
HAMDT
Latest Action Date
Jun 11, 1986
Latest Action Text
Amendment Passed in Committee of the Whole by Voice Vote.
Submitted Date
Jun 11, 1986
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 893 — Informed