Save Affordable Housing and Health Care Facilities Act of 2006
Last action on Dec 8, 2006Referred to the House Committee on Financial Services.
Take Action
Summary
Save Affordable Housing and Health Care Facilities Act of 2006 - Declares that the maximum dollar amount limitation on commitments to guarantee loans for special risk insurance fund and general insurance fund purposes under the National Housing Act shall be continued for FY2007 at a rate for operations not exceeding $45 billion.
Amends the National Housing Act to increase from 275,000 to 300,000 the aggregate number of insured home equity conversion mortgages for elderly homeowners authorized under the Act.
Lifecycle of the Bill
No events recorded for this stage yet.
