Senate Sends H.R. 4363 - "Helping Hands for Homeownership Act of 2004" to the President

July 16, 2004

WASHINGTON -- H.R. 4363, the "Helping Hands for Homeownership Act of 2004" passed the Senate this week under Unanimous Consent.  The bill is on its way to the president and is expected to be signed.

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H.R. 4363, the "Helping Hands for Homeownership Act of 2004"<

"Helping Hands for Homeownership Act of 2004"- Amends the Housing Opportunity Program Extension Act of 1996 to permit a homeowner under the sweat equity model program to perform required construction time on more than one dwelling.

Amends the Housing Act of 1949 to designate the (section 502) single family housing loan guarantee program of the Rural Housing Service as the Doug Bereuter Single Family Housing Loan Guarantee Program.

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