 H.R.172
Community Partners Next Door Act of 2007
To assist teachers and public safety officers in obtaining affordable housing.
 5 Total Points
Summary
Community Partners Next Door Act of 2007 - Amends the National Housing Act to provide: (1) a 50% discount for teachers, teacher assistants, administrators, and public safety officers purchasing certain eligible asset properties for use as their primary residence; (2) a $100 downpayment on any related insured mortgage; and (3) a higher Federal Housing Administration (FHA) loan limit for such purchases in high-cost areas. Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual. Directs the Secretary of Housing and Urban Development (HUD) to carry out a program to inform teachers and public safety officers about such program. What do you think?
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Legislation Detail
 Viewed 346 times.
Legislation Slant
Latest Action:
Referred to House subcommittee. Status: Referred to the Subcommittee on Housing and Community Opportunity.
This action occurred on Friday, March 16, 2007 and earned 5 points.
Legislative Progress
Introduced in the House on January 4, 2007
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