S.2841 - FHA Multifamily Housing Loan Limit Improvement Act107th Congress (2001-2002)
Summary: S.2841 — 107th Congress (2001-2002)
FHA Multifamily Housing Loan Limit Improvement Act - Amends the National Housing Act to increase and index to the Bureau of the Census' annual construction cost index multifamily project mortgage loan limits for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing; (4) housing for moderate income and displaced families; (5) housing for the elderly; and (6) condominiums.
Introduced in Senate (08/01/2002)
Increases loan limits in high-cost areas.