Authorizes, from funds previously approved in appropriations Acts for the homeownership assistance program under the National Housing Act, $125,000,000 to be available for contracts to make periodic mortgage assistance payments entered into on or after October 1, 1980. Specifies that funds recaptured from such program shall be made available for contracts as the funds are recaptured.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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