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Latest Update: Friday, October, 10th 2008
To establish the National Affordable Housing Trust Fund in the Treasury of the United States to provide for the construction, rehabilitation, and preservation of decent, safe, and affordable housing for low-income families. 10/10/2007--Passed House amended. (There are 2 other summaries) National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury the National Affordable Housing Trust Fund (Fund). Declares that: (1) the Fund shall consist of certain amounts of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation transferred to the Fund under specified law, including Federal Housing Administration (FHA) savings; and (2) all assistance provided from the Fund shall be considered to be federal financial assistance. Sets forth conditions on the use of FHA savings, including: (1) single family housing mortgage insurance; (2) housing [...] show full description
- 10/15/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 10/10/2007 - Rule H. Res. 720 passed House.
- 10/10/2007 - Considered under the provisions of rule H. Res. 720. (consideration: CR H11415-11446)
- 10/10/2007 - House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 720 and Rule XVIII.
- 10/10/2007 - The Speaker designated the Honorable Tim Holden to act as Chairman of the Committee.
show all actions- 10/15/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 10/10/2007 - Rule H. Res. 720 passed House.
- 10/10/2007 - Considered under the provisions of rule H. Res. 720. (consideration: CR H11415-11446)
- 10/10/2007 - House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 720 and Rule XVIII.
- 10/10/2007 - The Speaker designated the Honorable Tim Holden to act as Chairman of the Committee.
- 10/10/2007 - H.AMDT.843 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H11430-11431, H11441-11442 text: CR H11430-11431) An amendment numbered 1 printed in House Report 110-369 to establish a state minimum allocation percentage, under which every state will receive at least one half of one percent (.5%) of the total funds available each year that are allocated to states, Indian Tribes, and insular areas. Allocations to all other states would be reduced pro rata to bring these states up to this .5% minimum. The amendment would also provide that the local jurisdiction in each state that is slated to receive the largest amount by formula in such state would be entitled to receive such funds directly [notwithstanding the bill's provision that jurisdictions entitled to their state in any year that nationwide funding is less than $2 billion]. The amendment includes a technical clarification to ensure that the mixed income limitation capping the number of units initially rented to extremely low income families at 50% applies to all of the units in a project [not just those units assisted by trust fund dollars]. The amendment would provide that the exception to the mixed income rule applies to all `elderly only' projects, not just those projects of 25 or fewer units.
- 10/10/2007 - H.AMDT.844 Amendment (A002) offered by Mr. Frank (MA). (consideration: CR H11431-11432 text: CR H11431) An amendment numbered 2 printed in House Report 110-369 to add additional flexibility to permitted fund uses, by allowing a grantee to use up to 10% of their funds for project operating accounts to cover shortfalls for projects assisted with trust fund dollars, to facilitate affordability for families below the SSI income limit.
- 10/10/2007 - H.AMDT.844 On agreeing to the Frank (MA) amendment (A002) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.845 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H11432 CR H11432) An amendment numbered 3 printed in House Report 110-369 to amend the Affordable Housing Trust Fund homeownership counseling criteria to include flood or other disaster specific insurance in applicable regions.
- 10/10/2007 - H.AMDT.845 On agreeing to the Hastings (FL) amendment (A003) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.846 Amendment (A004) offered by Mr. Frank (MA). (consideration: CR H11432-11433 text: CR H11432) An amendment numbered 4 printed in House Report 110-369 to include among the factors for consideration in selecting applicants to receive Trust Fund grant amounts, a consideration of the extent to which the design, construction, and operation of the housing reduces utility costs for residents.
- 10/10/2007 - H.AMDT.846 On agreeing to the Frank (MA) amendment (A004) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.847 Amendment (A005) offered by Mr. Frank (MA). (consideration: CR H11433 text: CR H11433) An amendment numbered 5 printed in House Report 110-369 to allow grantees to give preference to public employees, including first responders and teachers, who cannot afford to live in high-cost areas. These workers would have to meet the income eligibility requirements stated in the text of H.R. 2895.
- 10/10/2007 - H.AMDT.847 On agreeing to the Frank (MA) amendment (A005) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.848 Amendment (A006) offered by Mr. Frank (MA). (consideration: CR H11433-11434 text: CR H11433) An amendment numbered 6 printed in House Report 110-369 to direct the Secretary of Housing and Urban Development to establish an internet-based `Green Housing Clearinghouse' including best practices, technical recommendations and other informational material regarding green building techniques. Additionally, grantees would be required to self-certify how many of the total units they built with money from the national affordable housing trust fund were green.
- 10/10/2007 - H.AMDT.848 On agreeing to the Frank (MA) amendment (A006) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.849 Amendment (A007) offered by Mr. Frank (MA). (consideration: CR H11434 text: CR H11434) An amendment numbered 7 printed in House Report 110-369 to provide that, for the purpose of increasing accountability, previous grant recipients applying for new grants must include in their applications progress reports for projects for which they used funds in the previous fiscal year.
- 10/10/2007 - H.AMDT.849 On agreeing to the Frank (MA) amendment (A007) Agreed to by voice vote.
- 10/10/2007 - H.AMDT.850 Amendment (A008) offered by Mr. Neugebauer. (consideration: CR H11434-11441, H11442-11443 text: CR H11434-11439) An amendment numbered 8 printed in House Report 110-369 to establish a National Affordable Housing Grant Fund program within the HOME program, which is currently administered through the U.S. Department of Housing and Urban Development.
- 10/10/2007 - H.AMDT.843 On agreeing to the Frank (MA) amendment (A001) Agreed to by recorded vote: 418 - 2 (Roll no. 955).
- 10/10/2007 - H.AMDT.850 On agreeing to the Neugebauer amendment (A008) Failed by recorded vote: 163 - 257 (Roll no. 956).
- 10/10/2007 - The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2895.
- 10/10/2007 - The previous question was ordered pursuant to the rule. (consideration: CR H11443)
- 10/10/2007 - The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text: CR H11425-11430)
- 10/10/2007 - Mrs. Musgrave moved to recommit with instructions to Financial Services. (consideration: CR H11443-11445)
- 10/10/2007 - The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H11444)
- 10/10/2007 - On motion to recommit with instructions Failed by recorded vote: 199 - 218 (Roll no. 957).
- 10/10/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 10/10/2007 - On passage Passed by the Yeas and Nays: 264 - 148 (Roll no. 958).
- 10/10/2007 - The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2895.
- 10/10/2007 - H.AMDT.843 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H11430-11431, H11441-11442; text: CR H11430-11431) Amendment establishes a state minimum allocation percentage, under which every state will receive at least one half of one percent (.5%) of the total funds available each year that are allocated to states, Indian Tribes, and insular areas.
- 10/10/2007 - H.AMDT.844 Amendment (A002) offered by Mr. Frank (MA). (consideration: CR H11431-11432; text: CR H11431) Amendment adds additional flexibility to permitted fund uses, by allowing a grantee to use up to 10% of their funds for project operating accounts to cover shortfalls for projects assisted with trust fund dollars, to facilitate affordability for families below the SSI income limit.
- 10/10/2007 - H.AMDT.845 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H11432; CR H11432) Amendment modifies the Affordable Housing Trust Fund homeownership counseling criteria to include flood or other disaster specific insurance in applicable regions.
- 10/10/2007 - H.AMDT.846 Amendment (A004) offered by Mr. Frank (MA). (consideration: CR H11432-11433; text: CR H11432) Amendment includes among the factors for consideration in selecting applicants to receive Trust Fund grant amounts, a consideration of the extent to which the design, construction, and operation of the housing reduces utility costs for residents.
- 10/10/2007 - H.AMDT.847 Amendment (A005) offered by Mr. Frank (MA). (consideration: CR H11433; text: CR H11433) Amendment allows grantees to give preference to public employees, including first responders and teachers, who cannot afford to live in high-cost areas. These workers would have to meet the income eligibility requirements stated in the text of H.R. 2895.
- 10/10/2007 - H.AMDT.848 Amendment (A006) offered by Mr. Frank (MA). (consideration: CR H11433-11434; text: CR H11433) Amendment directs the Secretary of Housing and Urban Development to establish an internet-based "Green Housing Clearinghouse" including best practices, technical recommendations and other informational material regarding green building techniques. Additionally, grantees would be required to self-certify how many of the total units they built with money from the national affordable housing trust fund were green.
- 10/10/2007 - H.AMDT.849 Amendment (A007) offered by Mr. Frank (MA). (consideration: CR H11434; text: CR H11434) Amendment provides that, for the purpose of increasing accountability, previous grant recipients applying for new grants must include in their applications progress reports for projects for which they used funds in the previous fiscal year.
- 10/10/2007 - H.AMDT.850 Amendment (A008) offered by Mr. Neugebauer. (consideration: CR H11434-11441, H11442-11443; text: CR H11434-11439) Amendment sought to establish a National Affordable Housing Grant Fund program within the HOME program, which is currently administered through the U.S. Department of Housing and Urban Development.
- 10/10/2007 - H.AMDT.843 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H11430-11431, H11441-11442 text: CR H11430-11431) Amendment establishes a state minimum allocation percentage, under which every state will receive at least one half of one percent (.5%) of the total funds available each year that are allocated to states, Indian Tribes, and insular areas.
- 10/10/2007 - H.AMDT.844 Amendment (A002) offered by Mr. Frank (MA). (consideration: CR H11431-11432 text: CR H11431) Amendment adds additional flexibility to permitted fund uses, by allowing a grantee to use up to 10% of their funds for project operating accounts to cover shortfalls for projects assisted with trust fund dollars, to facilitate affordability for families below the SSI income limit.
- 10/10/2007 - H.AMDT.845 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H11432 CR H11432) Amendment modifies the Affordable Housing Trust Fund homeownership counseling criteria to include flood or other disaster specific insurance in applicable regions.
- 10/10/2007 - H.AMDT.846 Amendment (A004) offered by Mr. Frank (MA). (consideration: CR H11432-11433 text: CR H11432) Amendment includes among the factors for consideration in selecting applicants to receive Trust Fund grant amounts, a consideration of the extent to which the design, construction, and operation of the housing reduces utility costs for residents.
- 10/10/2007 - H.AMDT.847 Amendment (A005) offered by Mr. Frank (MA). (consideration: CR H11433 text: CR H11433) Amendment allows grantees to give preference to public employees, including first responders and teachers, who cannot afford to live in high-cost areas. These workers would have to meet the income eligibility requirements stated in the text of H.R. 2895.
- 10/10/2007 - H.AMDT.848 Amendment (A006) offered by Mr. Frank (MA). (consideration: CR H11433-11434 text: CR H11433) Amendment directs the Secretary of Housing and Urban Development to establish an internet-based "Green Housing Clearinghouse" including best practices, technical recommendations and other informational material regarding green building techniques. Additionally, grantees would be required to self-certify how many of the total units they built with money from the national affordable housing trust fund were green.
- 10/10/2007 - H.AMDT.849 Amendment (A007) offered by Mr. Frank (MA). (consideration: CR H11434 text: CR H11434) Amendment provides that, for the purpose of increasing accountability, previous grant recipients applying for new grants must include in their applications progress reports for projects for which they used funds in the previous fiscal year.
- 10/10/2007 - H.AMDT.850 Amendment (A008) offered by Mr. Neugebauer. (consideration: CR H11434-11441, H11442-11443 text: CR H11434-11439) Amendment sought to establish a National Affordable Housing Grant Fund program within the HOME program, which is currently administered through the U.S. Department of Housing and Urban Development.
- 10/10/2007 - Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
- 10/10/2007 - GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2895.
- 10/10/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank(MA) amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Frank(MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 10/10/2007 - DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
- 10/10/2007 - DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Hastings (FL) amendment.
- 10/10/2007 - DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 20 minutes of debate on the Neugebauer amendment.
- 10/10/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Neugebauer amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Neugebauer demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 10/10/2007 - UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
- 10/10/2007 - DEBATE - The House proceeded with 10 minutes of debate on the Musgrave motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with language inserting work requirements for residents.
- 10/09/2007 - Rules Committee Resolution H. Res. 720 Reported to House. Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
- 10/02/2007 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-362.
- 10/02/2007 - Placed on the Union Calendar, Calendar No. 222.
- 07/31/2007 - Committee Consideration and Mark-up Session Held.
- 07/31/2007 - Ordered to be Reported (Amended) by Voice Vote.
- 07/31/2007 - Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 23.
- 07/26/2007 - Committee Consideration and Mark-up Session Held.
- 07/19/2007 - Committee Hearings Held.
- 06/28/2007 - Referred to the House Committee on Financial Services.
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