
S. 825 · 100th Congress · enacted
Housing and Community Development Act of 1987
Became Public Law No: 100-242.
Latest official action 1988-02-05 · Enacted
The bill, briefly
Housing and Community Development Act of 1987 - Title I: Program Extensions and Amendments - Subtitle A: General Extension of Programs - Amends the National Housing Act to make authority permanent for: (1) title I financial institution insurance for housing renovation and modernization; (2) general mortgage insurance; (3) low and moderate income and displaced families mortgage insurance; (4) mortgage co-insurance including rental rehabilitation and development projects; (5) graduated payment and indexed mortgage insurance; (6) mortgage insurance for armed forces civilian employees and defense housing for impacted areas; (7) mortgage insurance for land development; and (8) mortgage insurance for medical and dental group practice facilities. Amends the National Flood Insurance Act of 1968 to extend authority for national flood insurance, including emergency implementation and flood-risk zones through September 30, 1989. Limits premium increases through such period to not more than a prorated annual amount of ten percent. Amends the Housing and Urban Rural Recovery Act of 1983 to extend indefinitely the maximum interest rate limitation on loans for housing and related facilities for elderly or handicapped families. Extends the Home Mortgage Disclosure Act of 1975 permanently. Amends the Housing Act of 1964 to extend urban rehabilitation loan authority through September 30, 1989.…
Congressional Research Service · 1987-03-24
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
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PAC donors to the listed sponsors
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What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.