Top Legislation - View All
Also tagged in: Air pollution, Alternative energy sources, Appalachia, Appalachian Regional Commission, Authorization, Biomass energy, Budgets, Business, Business education, Clean coal technology, Coal, County politics and government, Depressed areas, Economic policy, Electric power production, Energy, Energy efficiency, Entrepreneurs, Environmental protection, Executive departments, Federal aid to health facilities, Federal aid to housing, Government lending, Grants-in-aid, Health policy, Heating, Housing, Job training, Medical care, Moderate income housing, Regional economic development, Rural affairs, Rural economic development, Rural health, Rural housing, State and local government, Welfare
Latest Action: 10/08/2008 - Became Public Law No: 110-371. Bill TextA bill to reauthorize and improve the program authorized by the Appalachian Regional Development Act of 1965. 7/15/2008--Passed House amended. (There are 3 other summaries) Appalachian Regional Development Act Amendments of 2008- Limits the amount of Appalachian regional development grants and loans for projects in at-risk counties to 70% of project costs. Directs the Appalachian Regional Commission to designate as "at-risk" those counties in the Appalachian region that are most at risk of becoming economically distressed.Authorizes the Commission to provide technical assistance, provide grants, enter into contracts, or otherwise provide amounts to entities in the region for projects and activities to: (1) promote energy efficiency; (2) increase the use of renewable energy resources; and (3) support the development of regional, conventional energy resources to produce electricity and heat through advanced technologies.Authorizes [...] show full description
Also tagged in: Affordable housing, Apartment houses, Budgets, Federal aid to housing, Federally-guaranteed loans, Finance, Foreclosure, Government information, Government publicity, Housing, Housing authorities, Housing subsidies, Local government, Mortgage guaranty insurance, Mortgages, Politics and government, Real estate appraisal, Rental housing, State and local government, State politics and government, Welfare
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo preserve affordable housing opportunities for low-income families, and for other purposes. 1/4/2007--Introduced. Stabilizing Affordable Housing for the Future Act - Amends the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997 and the Housing and Community Development Amendments of 1978 to: (1) repeal certain conditions on the authority of the Secretary of Housing and Urban Development to manage multifamily projects; and (2) authorize the Secretary to provide grants (including up-front grants) and loans from the General Insurance Fund when managing and disposing of such properties. Instructs the Secretary to maintain rental assistance payments for dwelling units in any multifamily property program administered by the Secretary. Amends the Deficit Reduction Act of 2005 to redefine loan market value and property market value with respect to physically distressed properties sold by HUD in discount [...] show full description
Also tagged in: Authorization, Budgets, Children, Crime prevention, Criminal justice, Department of Housing and Urban Development, Drug abuse, Drug abuse prevention, Drug abuse treatment, Drugs and youth, Executive departments, Federal aid to housing, Housing, Housing subsidies, Juvenile delinquency, Public housing, Residential rehabilitation, School-age child care, Security measures, Violence, Welfare, Youth services
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo reauthorize the public and assisted housing drug elimination program of the Department of Housing and Urban Development. 1/4/2007--Introduced. Public Housing Drug Elimination Program Reauthorization Act of 2007 - Amends the Anti-Drug Abuse Act of 1988 to authorize appropriations for the assisted housing drug elimination program. Limits activities for programs designed to reduce drug use in and around assisted low-income housing to: (1) providing drug abuse treatment through rehabilitation or relapse prevention; (2) providing education about the dangers and consequences of drug use or violent crime; (3) identifying drug users, and assisting drug use discontinuance through education or treatment programs; (4) providing after school youth activities; and (5) providing capital improvements and security services to discourage or eliminate drug use or violent crime.
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo authorize 150,000 incremental vouchers for tenant-based rental assistance under section 8 of the United States Housing Act of 1937 to help meet the housing needs of low-income families. 1/4/2007--Introduced. Housing Opportunities Made Easier Act, or the HOME Act - Instructs the Secretary of Housing and Urban Development to: (1) provide 150,000 incremental vouchers to public housing agencies in FY2008 for tenant-based rental housing assistance under section 8 of the United States Housing Act of 1937; and (2) renew such vouchers in each ensuing fiscal year.
Also tagged in: Aged, Budgets, Criminal justice, Disabled, Drug abuse, Drug traffic, Eviction, Federal aid to housing, Fines (Penalties), Housing, Housing for the aged, Housing for the disabled, Housing subsidies, Landlord and tenant, Public housing, Rental housing, Welfare
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo protect innocent elderly and disabled tenants in public housing and housing assisted under the rental assistance program under section 8 of the United States Housing Act of 1937 from eviction by reason of criminal activity. 1/4/2007--Introduced. One Strike and You're Out! Act of 2007 - Amends the United States Housing Act of 1937 to exempt a tenant in public housing or housing assisted under the section 8 rental assistance program from the eviction for criminal or drug-related criminal activity provisions if such activity was engaged in by a member under the tenant's control and the tenant: (1) is elderly or disabled; (2) did not know and should not have known of the activity; or (3) the tenant or member of household was the victim of the criminal activity. Requires public housing agencies to report annually on the number of such evictions.
Also tagged in: Budgets, Consent decrees, Criminal justice, Families, Family services, Federal aid to housing, Housing, Housing authorities, Housing subsidies, Law, Public housing, Relocation, Rental housing, Residential rehabilitation, Welfare, Witnesses
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo authorize the renewal of tenant-based rental assistance vouchers under section 8 of the United States Housing Act of 1937. 1/4/2007--Introduced. Housing Authority Funding Fairness Act of 2007 - Amends the United States Housing Act of 1937 to: (1) repeal tenant-based contract renewals by application of an inflation factor; and (2) authorize FY2008-FY2012 appropriations for tenant-based rental assistance (vouchers). Prescribes requirements for renewal funding for each public housing agency.
Also tagged in: Caregivers, Disabled, Families, Housing, Job training, Labor, Public housing, Veterans, Veterans' benefits, Veterans' disability compensation, Veterans' employment, Welfare, Welfare work participation
Latest Action: 04/11/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo amend section 12(c) of the United States Housing Act of 1937 to exempt residents of public housing who are determined by the Veterans Administration to be permanently and totally disabled from the requirement to perform community service. 1/11/2007--Introduced. Disabled Veteran Housing Simplification Act of 2007 - Amends the United States Housing Act of 1937 to direct the Secretary of Housing and Urban Development to exempt from the community service requirement applicable to adult residents of a public housing project an individual who has been determined by the Secretary of Veterans Affairs to be permanently and totally disabled, and who is unable to comply with such requirement, or is a primary caretaker of such individual.
Also tagged in: Affordable housing, Armed forces, Authorization, Budgets, Business, Commercialization, Crime prevention, Defense budgets, Defense economics, Defense procurement, Drug abuse, Drug law enforcement, Energy, Energy research, Federal aid to housing, Fighter aircraft, Fossil fuels, Government spending reductions, Government trust funds, Grants-in-aid, High technology, Housing, Housing subsidies, Joint ventures, Manufacturing industries, Rent, Research and development, Science policy, Technology, Violence, Weapons systems, Welfare
Latest Action: 01/30/2007 - Sponsor introductory remarks on measure. (CR S1328-1331) Bill TextA bill to provide for additional section 8 vouchers, to reauthorize the Public and Assisted Housing Drug Elimination Program, and for other purposes. 1/30/2007--Introduced. Affordable Housing Expansion and Public Safety Act - Instructs the Secretary of Housing and Urban Development (Secretary) to provide an additional 100,000 incremental vouchers for tenant-based rental housing assistance under the Section 8 Housing Choice Voucher Program in FY2008. Amends the Cranston-Gonzalez National Affordable Housing Act to direct: (1) each participating jurisdiction to use Home Investments Partnership (HOME) grant funds to provide affordable housing to individuals or families whose income is 30% or lower than the area median income (extremely low-income); and (2) direct the Secretary to allocate HOME funds to such jurisdictions on a specified pro-rata basis. Amends the Anti-Drug Abuse Act of 1988 to: (1) extend to FY2012 the authorization of appropriations for the Public [...] show full description
Also tagged in: Budgets, Building construction, Business, Collection of accounts, Commemorations, Condominium (Housing), Depressed areas, Economic policy, Historic sites, History, Housing, Income tax, Investment tax credit, Leases, Maintenance and repair, Office buildings, Rental housing, Residential rehabilitation, Tax credits, Tax-exempt organizations, Taxation, Valuation
Latest Action: 02/14/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit and the low-income housing credit. 2/14/2007--Introduced. Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements.
Also tagged in: Accounting, Administrative fees, Apartment houses, Architecture, Building construction, Commemorations, Condominium (Housing), Cooperative housing, Depressed areas, Economic policy, Enterprise zones, Finance, Historic sites, History, Home ownership, Home repair and improvement, Housing, Humanities, Income tax, Investment tax credit, Law, Mortgage banks, Mortgage interest rates, Mortgages, Natural resources, Public lands, Rental housing, Tax credits, Tax exclusion, Taxation, Urban affairs, Valuation, Welfare
Latest Action: 02/05/2007 - Sponsor introductory remarks on measure. (CR H1155) Bill TextTo amend the Internal Revenue Code of 1986 to expand the incentives for the rehabilitation of older buildings, including owner-occupied residences. 1/22/2007--Introduced. Preserve Historic America Act of 2007 - Amends the Internal Revenue Code to modify the tax credit for rehabilitation of older and historic buildings by: (1) increasing from 20 to 25% the tax credit rate for certified historic structure rehabilitation expenditures; (2) permitting a building at least 50 years old to qualify for the rehabilitation tax credit (currently, a building must have been placed in service before 1936); (3) permitting qualified rehabilitated buildings to be used for lodging purposes; (4) limiting to 50% the basis reduction for buildings qualifying for the low-income housing and rehabilitation tax credits; (5) allowing an increased rehabilitation tax credit for certain buildings in difficult development areas or which qualify as small rehabilitation projects; (6) exempting tax credits [...] show full description
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Latest Legislation - View All
Also tagged in: Automobiles, Bonds, Business, Charitable contributions, Disaster relief, Disasters, Emergency management, Expense accounts, Finance, Hazardous substances, Hazardous wastes, Home ownership, Housing, Income tax, Losses, Maintenance and repair, Refuse and refuse disposal, Solid wastes, Tax deductions, Tax exemption, Taxation, Transportation, Travel costs, Welfare
Latest Action: 09/24/2008 - Mr. Rangel moved to suspend the rules and pass the bill. Bill TextTo amend the Internal Revenue Code of 1986 to provide disaster assistance relief. 9/24/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Disaster Tax Relief Act of 2008 - Amends the Internal Revenue Code to provide tax relief in federally declared disaster areas.(Sec. 2) Waives the 10% adjusted gross income limitation on personal casualty losses for losses sustained from a federally declared disaster occurring after December 31, 2007, and before January 1, 2012. Defines "federally declared disaster" as any disaster determined by the President to warrant federal assistance under the Robert T. Stafford Relief and Emergency Assistance Act. Increases the standard tax deduction by a taxpayer's net disaster loss (i.e., personal casualty losses in a disaster area over personal [...] show full description
Also tagged in: Academic performance, Access to health care, Aged, AIDS (Disease), Americans in foreign countries, Budgets, Charities, Child health, Children, Church and social problems, Citizen participation, Colleges, Communications, Community and school, Community organization, Compensatory education, Conferences, Congress, Congressional reporting requirements, Data banks, Depressed areas, Developing countries, Disaster relief, Dropouts, Economic policy, Education, Education of the disadvantaged, Educational accountability, Elementary and secondary education, Elementary education, Emergency management, Energy, Energy conservation, Energy efficiency, Entrepreneurs, Environmental protection, Executive departments, Families, Federal advisory bodies, Federal aid to education, Federal aid to Indians, Food, Foreign aid, Foreign policy, Government and business, Government information, Government paperwork, Government publicity, Governmental investigations, Grandparents, Grants-in-aid, Health education, Health policy, Higher education, Home repair and improvement, Housing, Human immunodeficiency viruses, Hunger, Indians, Information technology, International affairs, Job hunting, Job training, Labor, Malaria, Malnutrition, Medical care, Medically uninsured, Medicine, Mentoring, Minorities, National parks, National service, Natural resources, Nonprofit organizations, Older workers, Parks, Personal budgets, Politics and government, Potable water, Poverty, Preventive medicine, Public lands, Public-private partnerships, Recycling of waste products, Refuse and refuse disposal, Religion, Rivers, Scholarships, Secondary education, Service learning, Social services, Solid wastes, Sports, State and local government, State parks, Sustainable development, Technical assistance, Technology, Telecommunication, Trails, Translating and interpreting, Tuberculosis, Veterans, Veterans' benefits, Veterans' employment, Volunteer workers, Wages, Water pollution, Water pollution control, Water resources, Welfare, Women, Women's education, Women's employment
Latest Action: 09/12/2008 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S8482-8498) Bill TextA bill to amend the National and Community Service Act of 1990 to expand and improve opportunities for service, and for other purposes. 9/12/2008--Introduced. Serve America Act - Amends the National and Community Service Act of 1990 to create two new service-learning programs: (1) a Youth Engagement Zones to Strengthen Communities program, providing competitive grants to partnerships between local educational agencies that serve high-need, low-income communities and certain community-based or state entities to engage students and out-of-school youth in service-learning addressing specific challenges faced by their communities; and (2) a Campus of Service program, which annually grants up to 30 institutions of higher education (IHEs) with exemplary service-learning programs the funds to assist their students' pursuit of public service careers, and the right to nominate additional individuals for ServeAmerica Fellowships. Directs the Corporation for National and Community [...] show full description
Also tagged in: Agricultural wastes, Agriculture, Air pollution, Alaska, Alcohol as fuel, Alternative energy sources, Apartment houses, Armed forces, Bicycles, Biomass energy, Block grants, Bonds, Budgets, Building laws, Business, Business ethics, Buy American, Car pools, Carbon dioxide, Cellulose, Coal, Coastal zone, Cogeneration of electric power and heat, Congress, Congressional reporting requirements, Continental shelf, Corporation taxes, Defense economics, Depreciation and amortization, Diesel motor, Economic policy, Education, Electric appliances, Electric power production, Electric utilities, Electric vehicles, Energy, Energy conservation, Energy crops, Energy development, Energy efficiency, Energy prices, Energy research, Energy security, Energy transportation, Environmental protection, Excise tax, Export controls, Federal aid to education, Federal aid to research, Federal aid to transportation, Federal-state relations, Federally-guaranteed loans, Fees, Fringe benefits, Fuel cells, Gas in submerged lands, Gas industry, Gifts, Government information, Government lending, Government procurement, Government publicity, Green products, Hawaiians, Heat pumps, Higher education, Housing, Housing finance, Housing subsidies, Hydroelectric power, Hydrogen, Income tax, Indian housing, Indians, Inspectors general, Investment tax credit, Labor, Labor contracts, Law, Marine resources, Marine resources conservation, Mass rapid transit, Minorities, Minority business enterprises, Mortgage guaranty insurance, Mortgages, Motor vehicle pollution control, Natural gas, Natural resources, New York City, Ocean energy resources, Office buildings, Oil and gas leases, Oil and gas royalties, Oil pollution, Oil shales, Oil well drilling, Oils and fats, Petroleum, Petroleum in submerged lands, Petroleum industry, Petroleum reserves, Pipelines, Politics and government, Property insurance, Public contracts, Public housing, Real estate appraisal, Refuse as fuel, Rental housing, Research grants, Rural affairs, Rural economic development, Rural housing, Science policy, Service stations, Small business, Solar energy, Solid wastes, State and local government, Strategic materials, Subpoena, Sustainable development, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax incentives, Taxation, Technological innovations, Technology, Tidal power, Trade, Transportation, Trucks, Urban affairs, Urban economic development, Welfare, Wind power, Women, Women in business
Latest Action: 09/18/2008 - Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Bill TextTo advance the national security interests of the United States by reducing its dependency on oil through renewable and clean, alternative fuel technologies while building a bridge to the future through expanded access to Federal oil and natural gas resources, revising the relationship between the oil and gas industry and the consumers who own those resources and deserve a fair return from the development of publicly owned oil and gas, ending tax subsidies for large oil and gas companies, and facilitating energy efficiencies in the building, housing, and transportation sectors, and for other purposes. 9/15/2008--Introduced. Comprehensive American Energy Security and Consumer Protection Act - Prohibits oil and gas preleasing or leasing of any area of the Outer Continental Shelf that was not available for oil and gas leasing as of July 1, 2008, unless that action is expressly authorized by this Act or a statute enacted by Congress after the date of enactment of this Act. [...] show full description
Also tagged in: Aged, Apartment houses, Authorization, Budgets, Congress, Congressional reporting requirements, Cooperative societies, Disabled, Disaster relief, Emergency management, Federal aid to housing, Home repair and improvement, Housing, Housing for the aged, Housing for the disabled, Hurricanes, Louisiana, Nonprofit organizations, Public contracts, Rent, Residential rehabilitation, Social services, Welfare
Latest Action: 07/31/2008 - Referred to the House Committee on Financial Services. Bill Text
To provide additional funds for affordable housing for low-income seniors, disabled persons, and others who lost their homes as a result of Hurricanes Katrina and Rita.
Also tagged in: Arkansas, Bonds, Books, Business, Charitable contributions, College costs, Depreciation and amortization, Disaster relief, Displaced persons, Education, Elementary and secondary education, Emergency management, Employment, Environmental protection, Finance, Floods, Food, Government information, Government paperwork, Grants-in-aid, Higher education, Housing, Housing finance, Humanities, Illinois, Income tax, Indiana, Individual retirement accounts, Inventories, Iowa, Kansas, Labor, Loans, Losses, Michigan, Minnesota, Missouri, Mortgages, Nebraska, Pensions, Residential rehabilitation, Social services, Solid wastes, Storms, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax penalties, Tax returns, Taxation, Textbooks, Tornadoes, Transportation, Travel costs, Volunteer workers, Wisconsin
Latest Action: 07/30/2008 - S.AMDT.5254 Referred to the Committee on Finance. To make a technical correction. Bill TextA bill to provide tax relief for the victims of severe storms, tornados, and flooding in the Midwest, and for other purposes. 7/23/2008--Introduced. Midwestern Disaster Tax Relief Act of 2008 - Amends the Internal Revenue Code to provide tax benefits to individuals affected by presidentially-declared natural disasters (i.e., severe storms, tornadoes, or flooding) in the states of Arkansas, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, and Wisconsin on or after May 20, 2008, and before August 1, 2008 (Midwestern disaster area).Makes specified provisions of the Internal Revenue Code, which currently apply only to residents of the Gulf Opportunity Zone and the Hurricane Katrina disaster area, applicable to the Midwestern disaster area, including: (1) tax-exempt bond financing, the low-income housing tax credit, accelerated depreciation and increased expensing of business assets, an increase in the rehabilitation tax credit, extended carryback [...] show full description
Also tagged in: Air pollution, Air pollution control, Alternative energy sources, Budgets, Continental shelf, Electric batteries, Electric power distribution, Electric power transmission, Electric vehicles, Energy, Energy assistance for the poor, Energy conservation, Energy efficiency, Energy research, Energy storage, Environmental protection, Environmental technology, Fees, Gas in submerged lands, Government trust funds, Greenhouse gases, Housing, Marine resources, Motor vehicles, Natural gas, Natural resources, Oil and gas leases, Oil well drilling, Petroleum in submerged lands, Public lands, Research and development, Science policy, Solar energy, Technological innovations, Technology, Transportation, Transportation research, Welfare, Wind power
Latest Action: 06/12/2008 - Sponsor introductory remarks on measure. (CR S5631) Bill TextA bill to direct the Secretary of the Interior to establish an annual production incentive fee with respect to Federal onshore and offshore land that is subject to a lease for production of oil or natural gas under which production is not occurring, to authorize use of the fee for energy efficiency and renewable energy projects, and for other purposes. 6/12/2008--Introduced. Responsible Ownership of Public Land Act - Directs the Secretary of the Interior to establish an annual production incentive fee for federal onshore and offshore lands subject to a lease for production of oil or natural gas under which production is not occurring. Prescribes the fee amount for each acre of land from which oil or natural gas is produced for less than 90 days in a calendar year.Establishes the Energy Efficiency and Renewable Energy Fund to serve as depository for fees received under this Act.Describes energy programs to be funded with such fees, including: (1) solar [...] show full description
Also tagged in: Budgets, Criminal justice, Disaster relief, Emergency management, Federal aid to housing, Government liability, Housing, Housing subsidies, Law, Public housing, Rental housing, Violence, Welfare
Latest Action: 06/19/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo repeal section 9(k) of the United States Housing Act of 1937. 6/18/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.)Public Housing Disaster Relief Act of 2008 - Amends the United States Housing Act of 1937 with respect to the Public Housing Capital and Operating Funds. Repeals the requirement that the Secretary of Housing and Urban Development set-aside up to 2% of annual appropriations to provide assistance for emergencies and other disasters, and housing needs resulting from any litigation settlement, including a specified allocation to the Operation Safe Home program, administered by the Office of the Inspector General of the Department of Housing and Urban Development, for law enforcement efforts to combat violent crime on or near the premises of public and federally assisted housing.(Currently such funds [...] show full description
Also tagged in: Aged, Apartment houses, Authorization, Budgets, Congress, Congressional reporting requirements, Cooperative societies, Disabled, Disaster relief, Emergency management, Federal aid to housing, Home repair and improvement, Housing, Housing for the aged, Housing for the disabled, Hurricanes, Louisiana, Nonprofit organizations, Public contracts, Rent, Residential rehabilitation, Social services, Welfare
Latest Action: 05/02/2008 - Sponsor introductory remarks on measure. (CR S3744-3746, S3747-3748) Bill TextA bill to provide additional funds for affordable housing for low-income seniors, disabled persons, and others who lost their homes as a result of Hurricanes Katrina and Rita. 5/2/2008--Introduced. Gulf Coast Multifamily and Assisted Housing Recovery Act - Amends the Housing Act of 1959 to authorize additional appropriations to the Secretary of Housing and Urban Development to provide assistance to private nonprofit organizations and consumer cooperatives to expand the supply of supportive housing for low-income elderly persons meeting certain criteria relating to Hurricanes Katrina and Rita in 2005. Amends the Cranston-Gonzalez National Affordable Housing Act to authorize additional appropriations to the Secretary to provide the same kind of assistance for low-income persons with disabilities. Authorizes appropriations for the redevelopment (rebuilding or replacement) of housing authorized under the Housing Act of 1959 which was damaged or destroyed by [...] show full description
Latest Action: 05/08/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo facilitate the preservation of certain affordable housing dwelling units. 5/7/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.)Authorizes the Secretary of Housing and Urban Development (HUD), upon request of the owner of a multifamily housing project to which specified contracts are subject, to: (1) convert such contracts to a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937; and (2) treat the contemplated resulting contract as eligible for initial renewal under the Multifamily Assisted Housing Reform and Affordability Act of 1997, if certain conditions are met.Deems the owner to be in compliance with income-targeting requirements of the United States Housing Act of 1937 by serving low-income families.Considers each family residing in an assisted [...] show full description
Also tagged in: Affordable housing, Budgets, Civil rights, Collection of accounts, Fair housing, Federal aid to housing, Federal-state relations, Finance, Foreclosure, Government lending, Home ownership, Housing, Housing finance, Housing subsidies, Intergovernmental fiscal relations, Mortgages, Rental housing, Residential rehabilitation, State and local government, Welfare, Welfare recipients
Latest Action: 05/12/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs. 5/8/2008--Passed House amended. (There are 2 other summaries) Neighborhood Stabilization Act of 2008 - (Sec. 3) Directs the Secretary of Housing and Urban Development (HUD) to make grants and loans to qualified states, metropolitan cities, and urban counties, in accordance with HUD-approved plans, to carry out eligible housing stimulus activities. Requires such program to be administered through HUD's Office of Community Planning and Development (or any successor office responsible for administering the community development block grant program under the Housing and Community Development Act of 1974). (Sec. 4) Specifies the contents of a grant or loan applicant's plan, which must be submitted for the Secretary's approval. Requires a plan, among other things, to give priority [...] show full description
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