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37 U.S.C. ch. 11—Payments to Mentally Incompetent Persons 37 U.S.C. ch. 13 —Allotments and Assignments of Pay 37 U.S.C. ch. 15 —Prohibitions and Penalties
The Act established the Office of Federal Housing Enterprise Oversight (OFHEO) within the United States Department of Housing and Urban Development (HUD). It also mandated that HUD set specific goals for the government-sponsored enterprises Fannie Mae and Freddie Mac, with regard to low income and underserved housing areas. [1] [2
The Housing and Urban Development Act of 1965 (Pub. L. 89–117, 79 Stat. 451) is a major revision to federal housing policy in the United States which instituted several major expansions in federal housing programs. The United States Congress passed and President Lyndon B. Johnson signed the legislation on August 10, 1965. [1]
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
The Housing, Community Development and Insurance subcommittee oversees the U.S. Department of Housing and Urban Development and Ginnie Mae.The subcommittee also handles matters related to public, affordable, and rural housing, as well as community development including Empowerment Zones, and government-sponsored insurance programs, such as the National Flood Insurance Program.
NHOP ceased operation in 1991 when it was repealed by section 289 of the Cranston-Gonzalez National Affordable Housing Act of 1990 (42 USC 12839). The S. 825 legislation was passed by the 100th U.S. Congressional session and signed into law by the 40th President of the United States Ronald Reagan on February 5, 1988.
Housing affordability hasn’t been this bad since Ronald Reagan was president. It now takes 35.51% of the median household income to make a principal and interest payment on the median home with ...
Housing Act of 1937; Long title: An Act to provide financial assistance to the States and political subdivisions thereof for the elimination of unsafe and insanitary housing conditions, for the eradication of slums, for the provision of decent, safe, and sanitary dwellings for families of low income, and for the reduction of unemployment and the stimulation of business activity, to create a ...