IIB 
111TH CONGRESS 
1ST SESSION H. R. 3527 
IN THE SENATE OF THE UNITED STATES 
SEPTEMBER 17, 2009 
Received; read twice and referred to the Committee on Banking, Housing, and 
Urban Affairs 
AN ACT 
To increase the maximum mortgage amount limitations 
under the FHA mortgage insurance programs for multi-
family housing projects with elevators and for extremely 
high-cost areas. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
VerDate Nov 24 2008 
01:02 Sep 17, 2009
Jkt 079200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H3527.RFS
H3527
tjames on DSKG8SOYB1PROD with BILLS
HR 3527 RFS 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘FHA Multifamily Loan 
Limit Adjustment Act of 2009’’. 
SEC. 2. FHA MORTGAGE AMOUNT LIMITS FOR ELEVATOR- 
TYPE STRUCTURES. 
(a) AMENDMENTS.—The National Housing Act is 
amended in each of the provisions specified in subsection 
(b)— 
(1) by inserting ‘‘with sound standards of con-
struction and design’’ after ‘‘elevator-type struc-
tures’’ the first place such term appears; and 
(2) by striking ‘‘to not to exceed’’ and all that 
follows through ‘‘sound standards of construction 
and design’’ each place such terms appear and in-
serting ‘‘by not more than 50 percent of the 
amounts specified for each unit size’’. 
(b) PROVISIONS AMENDED.—The provisions of the 
National Housing Act specified in this subsection are as 
follows: 
(1) Subparagraph (A) of section 207(c)(3) (12 
U.S.C. 1713(c)(3)(A)). 
(2) Subparagraph (A) of section 213(b)(2) (12 
U.S.C. 1715e(b)(2)(A)). 
(3) Subclause (I) of section 220(d)(3)(B)(iii) 
(12 U.S.C. 1715k(d)(3)(B)(iii)(I)). 
(4) In section 221(d) (12 U.S.C. 1715l(d))— 
VerDate Nov 24 2008 
01:02 Sep 17, 2009
Jkt 079200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H3527.RFS
H3527
tjames on DSKG8SOYB1PROD with BILLS
HR 3527 RFS 
(A) subclause (I) of paragraph (3)(ii); and 
(B) subclause (I) of paragraph (4)(ii). 
(5) Subparagraph (A) of section 231(c)(2) (12 
U.S.C. 1715v(c)(2)(A)). 
(6) Subparagraph (A) of section 234(e)(3) (12 
U.S.C. 1715y(e)(3)(A)). 
SEC. 3. FHA MORTGAGE AMOUNT LIMITS FOR EXTREMELY 
HIGH-COST AREAS. 
Section 214 of the National Housing Act (12 U.S.C. 
1715d) is amended— 
(1) in the first sentence— 
(A) by inserting ‘‘, or with respect to 
projects consisting of more than four dwelling 
units located in an extremely high-cost area as 
determined by the Secretary’’ after ‘‘or the Vir-
gin Islands’’ the first place such term appears; 
(B) by inserting ‘‘, or to construct projects 
consisting of more than four dwelling units on 
property located in an extremely high-cost area 
as determined by the Secretary’’ after ‘‘or the 
Virgin Islands’’ the second place such term ap-
pears; and 
(C) by inserting ‘‘, or with respect to 
projects consisting of more than four dwelling 
units located in an extremely high-cost area as 
VerDate Nov 24 2008 
01:02 Sep 17, 2009
Jkt 079200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H3527.RFS
H3527
tjames on DSKG8SOYB1PROD with BILLS
HR 3527 RFS 
determined by the Secretary’’ after ‘‘or the Vir-
gin Islands’’ the third place such term appears; 
(2) in the second sentence— 
(A) by inserting ‘‘, or with respect to a 
project consisting of more than four dwelling 
units located in an extremely high-cost area as 
determined by the Secretary,’’ after ‘‘or the Vir-
gin Islands’’ the first place such term appears; 
and 
(B) by inserting ‘‘, or in the case of a 
project consisting of more than four dwelling 
units in an extremely high-cost area as deter-
mined by the Secretary, in such extremely high- 
cost area,’’ after ‘‘or the Virgin Islands’’ the 
second place such term appears; and 
(3) in the section heading, by striking ‘‘AND 
THE VIRGIN ISLANDS’’ and inserting ‘‘THE VIRGIN 
ISLANDS, AND EXTREMELY HIGH-COST AREAS’’. 
VerDate Nov 24 2008 
01:02 Sep 17, 2009
Jkt 079200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H3527.RFS
H3527
tjames on DSKG8SOYB1PROD with BILLS
HR 3527 RFS 
SEC. 4. EFFECTIVE DATE. 
The amendments made by this Act shall apply to 
mortgages insured under title II of the National Housing 
Act after September 30, 2009. 
Passed the House of Representatives September 15, 
2009. 
Attest: 
LORRAINE C. MILLER, 
Clerk. 
VerDate Nov 24 2008 
01:02 Sep 17, 2009
Jkt 079200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H3527.RFS
H3527
tjames on DSKG8SOYB1PROD with BILLS