To amend the National Housing Act to authorize insurance of certain mortgages to finance repairs and improvements to condominium projects, and for other purposes.
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Summary
Based on the bill's title, this legislation would amend the National Housing Act to authorize Federal Housing Administration (FHA) insurance for mortgages used to finance repairs and improvements to condominium projects. The bill appears designed to expand FHA lending authority to cover condominium renovation financing. The bill was referred to the House Committee on Financial Services and no additional details are available.
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How your representatives voted
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