IB 
Union Calendar No. 316 
108TH CONGRESS 
2D SESSION 
H. R. 4363 
[Report No. 108–546] 
To facilitate self-help housing homeownership opportunities. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 13, 2004 
Mr. GREEN of Wisconsin (for himself, Mr. FORD, Mr. NEY, Mr. KENNEDY 
of Minnesota, and Mr. LUCAS of Kentucky) introduced the following bill; 
which was referred to the Committee on Financial Services 
JUNE 16, 2004 
Additional sponsors: Mr. GRIJALVA, Mr. ETHERIDGE, Mr. SOUDER, Ms. HAR-
RIS, Mr. HINOJOSA, Mr. HAYWORTH, Mr. INSLEE, Ms. ROS-LEHTINEN, 
Mr. CANTOR, Mr. OWENS, Mr. MATHESON, Mr. CHOCOLA, Mr. HOLDEN, 
Mr. PAYNE, Ms. BORDALLO, Mr. MURPHY, Mrs. JO ANN DAVIS of Vir-
ginia, Mr. SCHROCK, Mr. GILLMOR, Mr. GONZALEZ, Mr. COOPER, Mr. 
GREENWOOD, Mr. OSBORNE, Mr. WALDEN of Oregon, Mr. NUNES, Mr. 
SMITH of Washington, Mr. DEUTSCH, Mr. SIMMONS, Mr. MARSHALL, 
Mr. GORDON, Mr. SHIMKUS, Mr. MCDERMOTT, Mr. WALSH, and Mr. 
DOYLE 
JUNE 16, 2004 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
A BILL 
To facilitate self-help housing homeownership opportunities.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Helping Hands for 
Homeownership Act of 2004’’. 
SEC. 2. ASSISTANCE FOR SELF-HELP HOUSING PROVIDERS. 
Paragraph (1) of section 11(b) of the Housing Op-
portunity Program Extension Act of 1996 (42 U.S.C. 
12805 note) is amended by striking ‘‘dwelling’’ and insert-
ing ‘‘dwellings’’. 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Helping Hands for 
Homeownership Act of 2004’’. 
SEC. 2. ASSISTANCE FOR SELF-HELP HOUSING PROVIDERS. 
Paragraph (1) of section 11(b) of the Housing Oppor-
tunity Program Extension Act of 1996 (42 U.S.C. 12805 
note) is amended by striking ‘‘dwelling’’ and inserting 
‘‘dwellings’’. 
SEC. 3. DESIGNATION OF DOUG BEREUTER SECTION 502 
SINGLE FAMILY HOUSING LOAN GUARANTEE 
PROGRAM. 
(a) CONGRESSIONAL FINDINGS.—The Congress finds 
that— 
(1) the Cranston-Gonzalez National Affordable 
Housing Act, enacted November 28, 1990, established
the section 502 single family housing loan guarantee 
program of the Rural Housing Service of the United 
States Department of Agriculture; 
(2) Congressman Doug Bereuter of Nebraska was 
the legislative author of the single family housing 
loan guarantee program; 
(3) 316,625 single family loans have been guar-
anteed under the program since its implementation in 
1991; 
(4) the program facilitates home ownership for 
low- to moderate-income borrowers in rural areas and 
nonmetropolitan communities who are unable to ob-
tain conventional home mortgage financing; and 
(5) in 2003, the average income of a borrower 
with a loan guaranteed under the section 502 guar-
antee program was $34,124. 
(b) DESIGNATION.—Subsection (h) of section 502 of the 
Housing Act of 1949 (42 U.S.C. 1472(h)) is amended— 
(1) by redesignating paragraphs (1) through (13) 
as paragraphs (2) through (14), respectively; 
(2) by inserting before paragraph (2) (as so re-
designated) the following new paragraph: 
‘‘(1) SHORT
TITLE.—This subsection may be 
cited as the ‘Doug Bereuter Section 502 Single Fam-
ily Housing Loan Guarantee Act’.’’; and