Pathway to Preservation Act of 2007

Summary

Official

Pathway to Preservation Act of 2007 - Amends the Deficit Reduction Act of 2005 to redefine "loan market value," which currently means the value of a multifamily (rental or cooperative housing project) loan, without taking into account any affordability requirements. Repeals the condition that affordability requirements not be taken into account. Defines "loan market value"...

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Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(1/24/07)

Committee

Passed House

Passed Senate

President

Law