All Affordable housing Legislation - Federal Government
S.3275 - A bill to establish a pilot program to preserve affordable housing options for low-income individuals.
Latest Action: 07/16/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to establish a pilot program to preserve affordable housing options for low-income individuals. 7/16/2008--Introduced. Affordable Housing Preservation Act of 2008 - Directs the Secretary of Housing and Urban Development (HUD) to establish a pilot program under which funds in the residual receipts account of an eligible multifamily housing property are transferred, at the time of a qualified sale or exchange, to preservation entities to facilitate the transfer of multifamily housing projects with expiring section 8 housing assistance payments contracts under the United States Housing Act of 1937.Defines "preservation entity" as a HUD-approved housing agency, organization, or entity (for profit or nonprofit) that has the capacity and commitment to successfully acquire and preserve an eligible multifamily housing property. Requires the Secretary to: (1) determine whether the preservation entity's plan for rehabilitation and operation maintains and [...] show full description Comment on Bill S.CON.RES.92 - A concurrent resolution recognizing the importance of homeownership for Americans.
Latest Action: 06/26/2008 - Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6298) Bill Text A concurrent resolution recognizing the importance of homeownership for Americans. 6/26/2008--Introduced.
Expresses the sense of Congress that: (1) everyone in the United States should have a decent home in which to live; (2) Members of Congress should demonstrate the importance of volunteerism; (3) during the 110th, 111th, and 112th Congresses, Members are encouraged to participate in Congress Building America, a program in which congressional delegations work with Habitat for Humanity affiliates to build homes in their districts and states; and (4) these occasions should be used to emphasize and focus on the importance of providing decent homes for all people in the United States. H.CON.RES.383 - Recognizing the importance of homeownership for Americans.
Latest Action: 06/26/2008 - Referred to the House Committee on Financial Services. Bill Text Recognizing the importance of homeownership for Americans. 6/26/2008--Introduced.
Expresses the sense of Congress that: (1) everyone in the United States should have a decent home in which to live; (2) Members of Congress should demonstrate the importance of volunteerism; (3) during the 110th, 111th, and 112th Congresses, Members are encouraged to participate in Congress Building America, a program in which congressional delegations work with Habitat for Humanity affiliates to build homes in their districts and states; and (4) these occasions should be used to emphasize and focus on the importance of providing decent homes for all people in the United States. H.R.6078 - To encourage energy efficiency and conservation and development of renewable energy sources for housing, commercial structures, and other buildings, and to create sustainable communities.
Latest Action: 07/31/2008 - Committee Consideration and Mark-up Session Held. Bill Text To encourage energy efficiency and conservation and development of renewable energy sources for housing, commercial structures, and other buildings, and to create sustainable communities. 5/15/2008--Introduced. Green Resources for Energy Efficient Neighborhoods Act of 2008 or the GREEN Act of 2008 - Sets forth provisions concerning Housing of Urban Development (HUD) energy efficiency and conservation standards and green building standards for structures (conservation standards).Requires the Secretary of HUD to conduct a program to demonstrate the effectiveness of funding a portion of the costs of carrying out energy efficiency and conservation and green building measures for multifamily housing projects for which rental assistance is provided under a covered multifamily assistance program. Amends the Housing and Community Development Act of 1992 to provide for credits for Fannie Mae and Freddie Mac for mortgage purchases that support housing that meets conservation [...] show full description H.R.5967 - To amend the Internal Revenue Code of 1986 to provide for reallocation of abandoned private activity bond volume cap.
Latest Action: 05/05/2008 - Referred to the House Committee on Ways and Means. Bill Text To amend the Internal Revenue Code of 1986 to provide for reallocation of abandoned private activity bond volume cap. 5/5/2008--Introduced.
Affordable Housing Expansion Act of 2008 - Amends the Internal Revenue Code to allow the Secretary of the Treasury to allocate among the states in 2008 and subsequent years unused amounts of authorized private activity bonds for prior calendar years. H.R.5937 - To facilitate the preservation of certain affordable housing dwelling units.
Latest Action: 05/08/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text To 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 H.R.5818 - To 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.
Latest Action: 05/12/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text To 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 S.2807 - A bill to protect the liberty and property of all Americans.
Latest Action: 04/03/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 623. Bill Text A bill to protect the liberty and property of all Americans. 4/2/2008--Introduced. Land and Liberty Protection Act of 2008 - Protecting Americans from Violent Crime Act of 2008 - Bars the promulgation and enforcement of regulations that prohibit individuals from possessing firearms in units of the National Park System and the National Wildlife Refuge System. Government Real Estate Accountability and Transparency Act of 2008 - Requires the submission of annual reports detailing the amount of land that is owned by the federal government and the costs of maintaining that land. No Trespassing Act of 2008 - Bars the Secretary of the Interior from approving a management plan for a National Heritage Area unless the local coordinating entity of the proposed Area notifies the individuals who reside or own property in that Area. Prohibits any National Park Service (NPS) employee or member of the local coordinating entity of a National Heritage Area from entering private [...] show full description S.2809 - A bill to ensure that there are no adverse effects of a National Heritage Area designation to local communities and home owners.
Latest Action: 04/03/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 625. Bill Text A bill to ensure that there are no adverse effects of a National Heritage Area designation to local communities and home owners. 4/2/2008--Introduced.
Do No Harm Act of 2008 - Prohibits a National Heritage Area designation from taking effect until the President certifies that it will not cause an adverse impact within the proposed Area on: (1) agricultural or livestock production; (2) energy exploration and production; (3) critical infrastructure, including the placement and maintenance of electric transmission and distribution lines, and natural gas pipelines; and (4) the affordability of housing. Requires that the total deferred maintenance backlog in each state in which a proposed Area is located be not greater than $50 million. S.2736 - A bill to amend section 202 of the Housing Act of 1959 to improve the program under such section for supportive housing for the elderly, and for other purposes.
Latest Action: 03/10/2008 - Sponsor introductory remarks on measure. (CR S1814) Bill Text A bill to amend section 202 of the Housing Act of 1959 to improve the program under such section for supportive housing for the elderly, and for other purposes. 3/7/2008--Introduced. Section 202 Supportive Housing for the Elderly Act of 2008 - Amends the Housing Act of 1959 regarding project rental assistance for supportive housing for the elderly. Changes from discretionary to mandatory the authority of the Secretary of Housing and Urban Development (HUD) to adjust the annual amount of a contract for project rental assistance to provide for reasonable project costs. Directs the Secretary to delegate review and processing of selected capital advance projects to a state or local housing agency meeting specified criteria. States that owner deposits shall be used only to cover operating deficits during the first three years of operations and shall not be used to cover construction shortfalls or inadequate initial project rental assistance amounts. Allows [...] show full description S.CON.RES.70 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013.
Latest Action: 06/05/2008 - Mr. Spratt brought up conference report H. Rept. 110-659 for consideration under the provisions of H. Res. 1214. Bill Text An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. 5/20/2008--Conference report filed in House. (There are 4 other summaries) Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2008 and FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2008-FY2013, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security, U.S. Postal Service discretionary administrative expenses, and specified major functional [...] show full description H.CON.RES.312 - Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013.
Latest Action: 05/14/2008 - Rule H. Res. 1190 passed House. Bill Text Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. 3/13/2008--Passed House without amendment. (There are 2 other summaries) (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Revises and replaces the congressional budget for the federal government for FY2008. Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Recommends budgetary levels and amounts for FY2008-FY2013 for: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; [...] show full description S.2666 - A bill to amend the Internal Revenue Code of 1986 to encourage investment in affordable housing, and for other purposes.
Latest Action: 02/25/2008 - Sponsor introductory remarks on measure. (CR S1139-1140) Bill Text A bill to amend the Internal Revenue Code of 1986 to encourage investment in affordable housing, and for other purposes. 2/25/2008--Introduced. Affordable Housing Investment Act of 2008 - Amends the Internal Revenue Code to revise and enhance tax incentives for investment in affordable housing, including by: (1) renaming the low-income housing tax credit as the affordable housing credit; (2) revising the applicable percentage rates for such credit; (3) increasing the amount of such credit for low-income buildings that are part of state-designated projects; (4) revising rules for the treatment of scattered site and rural residential rental housing projects; (5) permitting affordable housing credits for federally-assisted moderate rehabilitation developments; (6) allowing an offset against alternative minimum tax liability for affordable housing tax credit amounts; (7) exempting interest on certain exempt private activity bonds, qualified mortgage revenue bonds, qualified veterans' [...] show full description H.R.5487 - To establish the Affordable Homeownership Preservation Fund of the Neighborhood Reinvestment Corporation.
Latest Action: 02/25/2008 - Referred to the House Committee on Financial Services. Bill Text To establish the Affordable Homeownership Preservation Fund of the Neighborhood Reinvestment Corporation. 2/25/2008--Introduced. Affordable Homeownership Preservation Fund Act of 2008 - Amends the Neighborhood Reinvestment Corporation Act to establish in the Treasury an Affordable Homeownership Preservation Fund to allow the Neighborhood Reinvestment Corporation, doing business as Neighborworks America, to provide financial assistance through grants to community development organizations for eligible activities to enhance and improve the availability of affordable housing. Requires such eligible activities to be: (1) carried out in accordance with the comprehensive strategic plan for the organization submitted under this Act; and (2) consistent with existing economic, community, and housing development plans adopted by or applicable to the area or targeted population served by the organization. Allows such activities to include: (1) assisting distressed homeowners [...] show full description Latest Action: 02/14/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 577. Bill Text A bill to provide needed housing reform. 2/13/2008--Introduced. Foreclosure Prevention Act of 2008 - Amends the Internal Revenue Code to: (1) authorize use of the proceeds of a qualified mortgage bond issue to refinance a mortgage on a residence originally financed through a qualified subprime loan; (2) raise the ceiling and volume cap imposed upon certain state housing bonds; and (3) exclude from the meaning of tax preference item private activity bonds, for purposes of the alternative minimum tax, qualified mortgage bonds or veterans' mortgage bonds issued after enactment of this Act and before January 1, 2011. Makes FY2008 appropriations for: (1) emergency needs of states and local governmental units to redevelop certain abandoned and foreclosed homes; and (2) the Neighborhood Reinvestment Corporation for foreclosure mitigation activities, including grants for housing counseling. Helping Families Save Their Homes in Bankruptcy Act of 2008 - Authorizes a bankruptcy [...] show full description S.2523 - A bill 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.
Latest Action: 12/19/2007 - Sponsor introductory remarks on measure. (CR S16014-16015) Bill Text A bill 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. 12/19/2007--Introduced. National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury a National Affordable Housing Trust Fund available to the Secretary of Housing and Urban Development to provide assistance to states, Indian tribes, insular areas, and participating local jurisdictions to increase the supply of decent quality affordable housing, especially for low-income, extremely low-income, and very poor families. Prohibits the use of appropriations to the Fund for a fiscal year unless the amount equal to the net increase in the negative credit subsidy for specified mortgage insurance programs is first made available for: (1) single family housing mortgage [...] show full description H.R.4539 - To amend title 38, United States Code, to make certain improvements to the housing loan benefit program of the Department of Veterans Affairs.
Latest Action: 04/16/2008 - Subcommittee Hearings Held. Bill Text To amend title 38, United States Code, to make certain improvements to the housing loan benefit program of the Department of Veterans Affairs. 12/13/2007--Introduced.
Department of Veterans Affairs Loan Guaranty Cost Reduction Act of 2007 - Increases the maximum guarantee amount regarding home purchase or construction loans to certain veterans. Permits guaranteeing certain refinancing loans for 100% (currently, 90%) of reasonable value Modifies requirements regarding the fees veterans pay for the loan guarantees. Sets the maximum guarantee amount if the dwelling is determined by the Secretary of Veterans Affairs to be affordable housing and the veteran is the first owner-occupant. Allows amounts deposited in the existing Veterans Housing Benefit Program Fund that are not used for loan guarantees to be used to reduce loan closing costs. S.2391 - A bill to provide for affordable housing relief, and for other purposes.
Latest Action: 11/16/2007 - Sponsor introductory remarks on measure. (CR S14630) Bill Text A bill to provide for affordable housing relief, and for other purposes. 11/16/2007--Introduced. Government Sponsored Enterprise Mission Improvement Act, or the GSE Mission Improvement Act - Amends the Housing and Community Development Act of 1992 to modify requirements for annual reports to specified congressional committees by the Secretary of Housing and Urban Development on the activities of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (enterprises). Requires the contents of such reports to: (1) identify the extent to which the enterprises are involved in mortgage purchases and secondary market activities involving subprime loans; and (2) compare the characteristics of subprime loans purchased and securitized by the enterprises to their other loans. Revises requirements for the establishment by the Secretary of housing goals to emphasize single-family housing goals and a multifamily [...] show full description H.R.4051 - To authorize appropriations for assistance for the National Urban League, the Raza Development Fund, the Housing Partnership Network, and the National Community Renaissance Program, and for other purposes.
Latest Action: 11/08/2007 - Committee Consideration and Mark-up Session Held. Bill Text To authorize appropriations for assistance for the National Urban League, the Raza Development Fund, the Housing Partnership Network, and the National Community Renaissance Program, and for other purposes. 11/1/2007--Introduced. Housing Assistance Authorization Act of 2007 - Authorizes the Secretary of Housing and Urban Development (HUD) to make a grant to the National Urban League to provide technical and financial assistance to local non-profit organizations to undertake community development and affordable housing projects and programs serving low- and moderate-income households, particularly through organizations located in neighborhoods with substantial populations of African American income-disadvantaged households. Authorizes the Secretary also to make a grant to the Raza Development Fund to provide technical and financial assistance to local nonprofit organizations to undertake similar projects and programs serving low- and moderate-income households, particularly [...] show full description H.R.4002 - To establish a program to preserve rural multifamily housing assisted under the Housing Act of 1949.
Latest Action: 03/25/2008 - Referred to the Subcommittee on Housing and Community Opportunity. Bill Text To establish a program to preserve rural multifamily housing assisted under the Housing Act of 1949. 10/30/2007--Introduced. Rural Housing Preservation Act of 2007 - Amends the Housing Act of 1949 to require the Secretary of Agriculture to carry out a preservation program to provide financial incentives and other assistance to owners of Section 515 rural multifamily housing projects through long-term use agreements entered into between the project owners and the Secretary. (A Section 515 project is one involving housing and related facilities for elderly persons and families or other persons and families of low income.)Authorizes the Secretary to give priority to applications for eligible projects located on tribal trust lands or other Indian areas, in colonias, or in other small, poor, low-income communities.Requires the Secretary to prepare and approve a long-term viability plan for each eligible project for which the owner requests to participate. Allows the [...] show full description H.R.3965 - To extend the Mark-to-Market program of the Department of Housing and Urban Development, and for other purposes.
Latest Action: 04/10/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-579. Bill Text 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 [...] show full description |
