HR. 4479In Committee
To amend the National Housing Act to direct the Secretary of Housing and Urban Development to establish a program to insure certain second liens secured against property for the purpose of financing the construction of an accessory dwelling unit, and for other purposes.
Directs the Department of Housing and Urban Development to create mortgage insurance for certain second liens used to finance accessory dwelling unit construction
Plain-English overview
What this bill does
Directs the Department of Housing and Urban Development to create mortgage insurance for certain second liens used to finance accessory dwelling unit construction
Key points
- Amend the National Housing Act
- Authorize insurance for second liens
- Direct HUD program establishment
Current status
Where it stands
Status
In Committee
Latest action
2025-07-17 — Referred to the House Committee on Financial Services.
Related context
Topics and policy areas
undefinedHousing and Community Development