H.R.3965 - Federal Government - To extend the Mark-to-Market program of the Department of Housing and Urban Development, and for other purposes.

To extend the Mark-to-Market program of the Department of Housing and Urban Development, and for other purposes. 4/10/2008--Reported to House amended.    (There is 1 other summary) Mark-to-Market Extension and Enhancement Act of 2007 - (Sec. 4) Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 to: (1) extend the Federal Housing Administration (FHA)-insured Multifamily Housing Mortgage and Housing Assistance Restructuring (Mark-to-Market) program through FY2011; and (2) revise requirements for mortgage restructuring and rental assistance sufficiency plans for units assisted with project-based assistance in eligible multifamily housing projects. (Sec. 5) Directs the Secretary of Housing and Urban Development (HUD) to make available not less than (currently, not more than) $10 million annually for preservation and improvement of low-income housing: (1) for which project-based rental assistance, subsidized loans, or specified [...]

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