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H.R. 9540IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 303 · H.R. 9540

Allow GSES to purchase mezzanine debt

Title III — Low-cost Financing for Affordable Housing Projects

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Not later than 1 year after the date of the enactment of this Act, the Director of the Federal Housing Finance Agency shall issue a final rule to permit the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation to purchase and securitize loans made for the purpose of home construction.

Sec. 303: Allow GSES to purchase mezzanine debt · Public Law Tracker