Reps. Meeks, Velazquez Introduce Mortgage Legislation to Make Housing Costs More Affordable for Homeowners, Renters
December 05, 2024
December 05, 2024
WASHINGTON, Dec. 5 -- Rep. Gregory W. Meeks, D-New York, issued the following news release on Dec. 4, 2024:
Today, U.S. Reps. Gregory W. Meeks (NY-05) and Nydia Velazquez (NY-07) introduced the Habitable Housing Conversion Pilot Program of 2024 or the "Basement Bill." The measure would establish a pilot program to expand the Federal Housing Administration (FHA)'s 203(k) Rehabilitation Mortgage Insurance Program. The proposed pilot program, set to run for five years, would . . .
Today, U.S. Reps. Gregory W. Meeks (NY-05) and Nydia Velazquez (NY-07) introduced the Habitable Housing Conversion Pilot Program of 2024 or the "Basement Bill." The measure would establish a pilot program to expand the Federal Housing Administration (FHA)'s 203(k) Rehabilitation Mortgage Insurance Program. The proposed pilot program, set to run for five years, would . . .