TheWeekInCongress.com

Week Ending June 25 2004

HR 4471 Increasing loan guarantee on Native American housing buys.

BRIEF

  The bill would require Federal guarantees for tribal housing activities to guarantee repayment of 95 percent of the unpaid principal and interest due on the notes or other obligations other than the current 80 percent.

Sponsor: Representative Rick Renzi (R-AZ)

Vote: Passed House by voice vote.

Cost to the taxpayers: No discernible cost.

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