H.R.5017 - Rural Housing Preservation and Stabilization Act of 2010

To ensure the availability of loan guarantees for rural homeowners. view all titles (3)

All Bill Titles

  • Official: To ensure the availability of loan guarantees for rural homeowners. as introduced.
  • Short: Rural Housing Preservation and Stabilization Act of 2010 as introduced.
  • Short: Rural Housing Preservation and Stabilization Act of 2010 as passed house.

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Introduced
 
House
Passed
 
Senate
Passes
 
President
Signs
 

 
04/14/10
 
04/27/10
 
 
 
 
 

 

Latest Vote

Result: Passed - April 27, 2010

Roll call number 225 in the House

Question: On Motion to Suspend the Rules and Pass, as Amended: H R 5017 Rural Housing Preservation and Stabilzation Act

 

Official Summary

Rural Housing Preservation and Stabilization Act of 2010 - Amends the Housing Act of 1949 and the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act to increase from up to 1% to up to 4% the guarantee fee on loans for housing and buildings on adequate farms. Amends the Agric

Official Summary

Rural Housing Preservation and Stabilization Act of 2010 - Amends the Housing Act of 1949 and the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act to increase from up to 1% to up to 4% the guarantee fee on loans for housing and buildings on adequate farms. Amends the Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriation Act, 2001 to repeal the maximum limit on the loan guarantee fee of 2%. Amends the Housing Act of 1949 to authorize the Secretary to guarantee such loans in aggregate amounts of up to $30 billion for FY2010. Declares that the budgetary effects of this Act, in order to comply with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled \"Budgetary Effects of PAYGO Legislation\" for this Act, submitted for printing in the Congressional Record by the Chairman of the Committee on the Budget of the House of Representatives, provided that such statement has been submitted before the vote on passage.

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