Amendment sought to prohibit the FHA from raising the multifamily housing mortgage insurance premium to an amount greater than the cost of such program with offsets of $5 million from the HUD Operation Safe Home program.

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Amendment Number
280
Description
Amendment sought to prohibit the FHA from raising the multifamily housing mortgage insurance premium to an amount greater than the cost of such program with offsets of $5 million from the HUD Operation Safe Home program.
Purpose
An amendment to add a new section providing an offset of $5 million and disallowing use of funds for use to fix, establish, charge, or collect mortgage insurance premiums for mortgage insurance made available under the Housing Act in an amount greater than the cost of the insurance.
Congress
107
Type
HAMDT
Latest Action Date
Jul 30, 2001
Latest Action Text
On agreeing to the Frank amendment (A035) Failed by recorded vote: 212 - 212 (Roll no. 295).
Latest Action Time
23:29:31
Submitted Date
Jul 30, 2001
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 280 — Informed