legislation: 100-s-1430

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
100-s-1430 100 s 1430 A bill to impose a moratorium on prepayments under section 515 of the Housing Act of 1949. Housing and Community Development 1987-06-25 1987-06-26 Passed Senate without amendment by Voice Vote. Senate Sen. Cranston, Alan [D-CA] CA D C000877 6 Amends the Housing Act of 1949 to prohibit the Secretary of Agriculture, through January 1, 1988, from accepting any mortgage loan prepayments on rural rental housing unless: (1) a loan was made or insured at least 20 years prior to the date of prepayment; or (2) in the case of a loan made or insured before December 21, 1979, the Secretary determines that comparable housing is available, or that such prepayment will not result in substantial rent increases to existing tenants. 2021-06-10T22:16:23Z  

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