The limits may be set by notice and periodically reset
What the document says“by inserting ``, or as necessary to achieve the goals of the Federal Housing Administration, periodically reset the dollar amount limitations in subparagraphs (A) through (H) based on justification and methodology set forth in advance by regulation'' before the period at the end; and”
The section changes the matter before paragraph (2) of section 2(b) of the National Housing Act so that the Secretary acts by notice rather than regulation, sets rather than increases the limits, covers subparagraphs (A) through (H) rather than a shorter list, and may periodically reset the limits where needed to achieve the goals of the Federal Housing Administration, on a justification and methodology set out in advance by regulation.
What the document actually says“by inserting ``, or as necessary to achieve the goals of the Federal Housing Administration, periodically reset the dollar amount limitations in subparagraphs (A) through (H) based on justification and methodology set forth in advance by regulation'' before the period at the end; and”
New words let the housing agency reset the limits from time to time. It may do so to meet its own goals. It must first set out its reasons and method in a rule.
Before this the agency could only raise the limits. Now it can set them either way. Notice is a lighter step than a full rule.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.