In short, it needs the mortgage buyers to be healthy for the housing legislation to work properly.
Even if the Senate passes its bill as expected, it could be a week or more before housing legislation makes it to President Bush's desk.
U.S. Treasury Secretary Henry Paulson has indicated his support for passing housing legislation currently being negotiated in the Senate, after the House of Representatives passed its version last week.
Dodd, who is chairman of the Senate Banking Committee, which is about to bring major housing legislation to the floor, refinanced two loans in 2003 for his homes in Connecticut and Washington, D.
I've also asked Congress to pass legislation to modernize the Federal Housing Administration and enable it to provide additional assistance to struggling homeowners.
Bernanke is encouraging Congress to pass pending legislation to modernize the Federal Housing Authority so that more borrowers would be eligible for mortgage assistance.
Augie Boto, Frank Page, the SBC Executive Committee and our favorite SBC lobbyist, Richard Land, ought to be proactive on this matter and find a way to support legislation that will preserve the Housing Allowance in a reasonable fashion while excluding the ridiculous abuses, legal though they may be, by people like Phil Driscoll and Kenneth Copeland.
Labour will use an emergency question at Holyrood to ask the Scottish government if they will bring in emergency legislation to stop local councils and housing associations evicting tenants if they run up arrears as a result of housing benefit changes.
The legislation, which introduces an annual cap on housing benefits, has had a stormy passage through the House of Lords.
In the coming months, Levin and subcommittee ranking member Norm Coleman (R-Minn.) are expected to work closely with the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over banking legislation, to craft a bill that provides more protection to consumers.
Ms. Quinn's plan would, through state legislation, create a new city tax credit for affordable housing developments and require developers who receive the subsidy to renew the below-market rate aspects of their buildings every 30 years, at the city's request.
New legislation beginning in April 2013 will also reduce the amount of Housing Benefit to working age tenants where they have more bedrooms than the family needs.
Congress passed legislation in 1996 creating a viability test for all large public-housing projects more than 10% of whose homes are empty.
But does anyone think that the GOP is ready to bar any legislation funding the Departments of Education, Energy, Agriculture, and Housing and Urban Development?
FORBES: If I Could Write New Year's Resolutions For The GOP ...
Tonight I ask you to pass legislation to reform Fannie Mae and Freddie Mac, modernize the Federal Housing Administration, and allow State housing agencies to issue tax-free bonds to help homeowners refinance their mortgages.
Under the legislation a group representing residents and businesses can draw up their own plan for housing and development.
There is little indication that any students are currently being denied loans, but some members of Congress say the legislation is needed to protect students from the same turmoil that has hit the housing industry.
We're making progress, but I think the President is still focused on ensuring the quick implementation of the recovery legislation and the continued monitoring of different aspects of our recovery, whether it's housing, financial stabilization, capital markets.
Under the legislation a group representing residents and businesses will be able to draw up their own plan for housing and development.
应用推荐