bill_id,congress,bill_type,bill_number,title,policy_area,introduced_date,latest_action_date,latest_action_text,origin_chamber,sponsor_name,sponsor_state,sponsor_party,sponsor_bioguide_id,cosponsor_count,summary_text,update_date,url
97-s-3097,97,s,3097,Temporary Emergency Shelter Demonstration Program Act of 1982,Housing and Community Development,1982-12-14,1982-12-14,Read twice and referred to the Committee on Banking.,Senate,"Sen. Dodd, Christopher J. [D-CT]",CT,D,D000388,0,Temporary Emergency Shelter Demonstration Program Act of 1982 - Directs the Secretary of Housing and Urban Development to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing.  Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing.  Directs the Secretary to report to Congress on such program and to use a specified amount of the funds appropriated for additional authority for annual contributions for lower income housing projects during FY 1983 to carry out this Act.,2025-08-29T19:51:51Z,
97-hr-7388,97,hr,7388,Real Dollar Mortgage Demonstration Act of 1982,Housing and Community Development,1982-12-08,1982-12-08,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Schumer, Charles E. [D-NY-16]",NY,D,S000148,1,Real Dollar Mortgage Demonstration Act of 1982 - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure mortgages and loans with monthly payments and loan balances that are adjusted to reflect changes in a selected index which measures the inflation rate or changes in wages or consumer disposable income. Requires the Secretary to insure such a loan or mortgage upon determining that:  (1) the principal obligation of the mortgage or loan does not exceed a specified percentage of the appraised value of the attached property; and (2) the monthly payments and principal obligation of the loan or mortgage will not be increased at a rate greater than the percentage change in the selected index.  Directs the Secretary to give priority to such mortgages executed by mortgagors who have not owned a home in the preceding three years. Directs the Secretary to conduct and report to Congress on a demonstration program to insure such loans and mortgages.,2025-08-29T19:50:16Z,
97-hr-7335,97,hr,7335,A bill to make the programs authorized under the United States Housing Act of 1937 subject to the requirements of the Buy American Act.,Housing and Community Development,1982-11-30,1982-11-30,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Fish, Hamilton, Jr. [R-NY-25]",NY,R,F000141,0,Subjects to the Buy American Act the use of funds for low-income housing programs under the United States Housing Act of 1937.,2024-02-06T19:38:08Z,
97-hr-7337,97,hr,7337,Temporary Emergency Shelter Demonstration Program Act of 1982,Housing and Community Development,1982-11-30,1982-11-30,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Vento, Bruce F. [D-MN-4]",MN,D,V000087,23,Temporary Emergency Shelter Demonstration Program Act of 1982 - Directs the Secretary of Housing and Urban Development to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing.  Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing. Directs the Secretary to report to Congress on such program and to use a specified amount of the funds appropriated for additional authority for annual contributions for lower income housing projects during FY 1983 to carry out this Act.,2025-08-29T19:50:16Z,
97-s-3019,97,s,3019,Neighborhood Development Demonstration Act of 1982,Housing and Community Development,1982-10-01,1982-10-01,Read twice and referred to the Committee on Banking.,Senate,"Sen. Heinz, John [R-PA]",PA,R,H000456,1,"Neighborhood Development Demonstration Act of 1982 -  Directs the Secretary of Housing and Urban Development to conduct a three-year demonstration program to determine the feasibility of supporting neighborhood development activities by providing Federal matching funds to certain nonprofit neighborhood development organizations on the basis of monetary support from the private sector. Authorizes the Secretary to select, through a competitive process, up to 50 organizations to participate in the program in the first year, 100 in the second, and 150 in the third.  Directs the Secretary to establish a Neighborhood Development Advisory Council to evaluate the applicants and recommend selections. Requires the Secretary to:  (1) assign each participating organization a program year during which time voluntary private contributions shall be eligible for matching; and (2) establish a ratio of between three and ten Federal dollars for each dollar contributed which the Secretary shall pay to each organization at the end of each three month period of the organization's program year.  Limits the maximum amount the Secretary may pay to any organization for a year to $50,000. Requires the Secretary to insure that:  (1) assistance may be provided under this Act only if the local government of the neighborhood to be assisted certifies that such assistance is consistent with such government's objectives; and (2) eligible neighborhood development activities comply with the Civil Rights Act of 1964. Directs the Secretary to report to Congress on the activities carried out under this Act and any findings or recommendations concerning the demonstration program. Authorizes appropriations.",2025-08-29T19:51:52Z,
97-sjres-261,97,sjres,261,"A joint resolution to designate ""National Housing Week"".",Housing and Community Development,1982-10-01,1982-10-18,Became Public Law No: 97-349.,Senate,"Sen. Garn, E. J. (Jake) [R-UT]",UT,R,G000072,40,"Designates October 24 through October 31, 1982, as National Housing Week.",2024-02-06T20:04:02Z,
97-hr-7252,97,hr,7252,Housing Equity Loan Program Act,Housing and Community Development,1982-09-30,1982-10-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Vento, Bruce F. [D-MN-4]",MN,D,V000087,0,"Housing Equity Loan Program Act - Title I: Federal Housing Finance Corporation - Creates the Federal Housing Finance Corporation.  Designates the Secretary of Housing and Urban Development as Chairman of the Board of Governors of the Corporation and the Secretary of the Treasury and the Chairman of the Federal Home Loan Bank Board as the other Board members. Authorizes the Corporation to issue notes or other tax-exempt obligations bearing rates of interest not exceeding 13 percent per annum to obtain funds in order to assist in the financing of mortgages.  Directs the Corporation to make payments on such obligations from funds received from assisted financial institutions. Directs the Secretary of the Treasury to pay the principal and interest on an obligation in the event the Corporation fails to pay such amount when the obligation becomes due.  Provides for the purchase and sale of obligations of the Corporation by the Secretary of the Treasury. Terminates the Corporation's authority to issue obligations on December 31, 1985, except as necessary to provide funds for the performance of a contract entered into by the Corporation before such date. Requires funds received from the issuance of such obligations to be used to assist in financing the purchase of single-family residences.  Directs the Corporation to allocate such funds on a State by State basis for use by financial institutions after considering: (1) the number of requests for funds from institutions in each State; (2) the number of single-family residences offered for sale recently in each State; and (3) the number of individuals between the ages of 25 and 40 in each State.  Directs the Corporation to make such funds available to financial institutions upon application. Lists conditions under which financial institutions shall provide such funds for the purchase of a single-family residence, including requirements that: (1) at least 50 percent of the principal amount of the mortgage secured by the residence is provided by the institution; (2) the mortgage has a 30-year term and a fixed rate of interest not exceeding two percentage points below the most recently prescribed Federal Housing Administration (FHA) mortgage rate; (3) the mortgagor has not owned a dwelling during the preceding three years; (4) the mortgage is assumable but only by another such mortgagor; and (5) the institution and the Corporation agree that the institution will conduct any foreclosure proceedings on behalf of itself and the Corporation. Requires the institutions to agree to provide periodic repayments to the Corporation corresponding to the timing of repayments made by mortgagors who purchase the financed residences. Directs the Corporation to recapture from a homeowner who disposes of, or rents for one year or more, property securing a mortgage made under this title the lesser of: (1) two-thirds of the mortgagor's savings resulting from the effective interest rate of the mortgage being lower than the rate for comparable FHA-insured mortgages; or (2) 50 percent of the net appreciation of the property. Requires the Corporation to: (1) publish and submit to Congress an annual report; and (2) conduct an annual audit of its funds.  Requires the General Accounting Office to audit the transactions of the Corporation every three years. Exempts the Corporation from all taxes excluding State and local real property taxes. Authorizes appropriations for the administrative expenses of the Corporation. Title II: Amendments Relating to Tax-Exempt Financing for Single-Family and Multifamily Residences - Amends the Internal Revenue Code to revise requirements for the tax exclusion of interest on mortgage subsidy bonds.  Reduces from 90 to 80 the percentage of financings under an issue that must be used for first-time home buyers. Revises the new homeowner requirements to allow eligibility for bond financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action. Repeals the requirement that two to four family residences must be five years old for treatment as single-family residences. Provides that loans for the conversion of residences to two to four family residences shall be treated as home improvement loans for purposes of determining the eligibility of an issue. Changes the dollar limitation for qualified home improvement loans from $15,000 to the maximum allowed under the National Housing Act of 1949. Treats rehabilitated residences as new residences for purposes of the purchase price limitations for homes financed with tax-exempt bonds. Revises requirements for residential rental property bond issues relating to the median income level of occupants and the term of the lower income occupancy. Repeals the registration requirements for mortgage bond issue and veterans' mortgage bond issues. Permits advance refunding of mortgage subsidy bonds if the interest on such bond is tax-exempt and the refunding occurs within a specified time period. Title III: Individual Housing Accounts - Amends the Internal Revenue Code to allow an income tax deduction for cash contributions to a savings account created or organized for the benefit of the taxpayer (or the taxpayer and spouse if married) for the exclusive purpose of purchasing the taxpayer's principal residence.  Limits the maximum annual deduction to $2,000 with a maximum lifetime deduction of $4,000. Exempts such accounts from income taxation. Excludes distributions from such account from gross income so long as they are used exclusively for the purchase of a principal residence.  Imposes a ten percent surtax on distributions from an individual housing account which are not used for the purchase of a principal residence.",2025-08-29T19:50:12Z,
97-hjres-612,97,hjres,612,"A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.",Housing and Community Development,1982-09-28,1982-10-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,2,Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs. Amends the Housing and Community Development Act of 1974 to extend the period for which areas that qualified as metropolitan cities or urban countries prior to the 1980 decennial census shall retain such status for purposes of the allocation of funds under Federal community development block grants. Amends the Federal Home Loan Mortgage Corporation Act to permit the Corporation to have preferred stock.,2024-02-06T19:38:08Z,
97-hjres-609,97,hjres,609,"A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.",Housing and Community Development,1982-09-24,1982-10-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,1,Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs. Amends the Housing and Community Development Act of 1974 to extend the period during which areas that qualified as metropolitan cities or urban counties prior to the 1980 decennial census shall retain such status for purposes of the allocation of funds under Federal community development block grants.,2024-02-06T19:38:08Z,
97-hr-7189,97,hr,7189,Neighborhood Development Demonstration Act of 1982,Housing and Community Development,1982-09-24,1982-10-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Pritchard, Joel [R-WA-1]",WA,R,P000546,0,"Neighborhood Development Demonstration Act of 1982 - Directs the Secretary of Housing and Urban Development to conduct a three-year demonstration program to determine the feasibility of assisting neighborhood development activities by providing Federal matching funds to certain nonprofit neighborhood development organizations on the basis of monetary support from the private sector. Authorizes the Secretary to select, through a competitive process, up to 50 organizations to participate in the program in the first year, 100 in the second, and 150 in the third.  Directs the Secretary to establish a neighborhood development advisory council to evaluate the applicants and recommend selections. Requires the Secretary to:  (1) assign each participating organization a program year during which time voluntary private contributions shall be eligible for matching; and (2) establish a ratio of between three and ten Federal dollars for each dollar contributed which the Secretary shall pay to each organization at the end of each three month period of the organization's program year.  Limits the maximum amount the Secretary may pay to any organization for a year to $50,000. Requires the Secretary to assure that activities carried out by participating organizations: (1) are coordinated with local housing and community development programs; and (2) comply with the Civil Rights Act of 1964. Directs the Secretary to report to Congress on the activities carried out under this Act and any findings or recommendations concerning the demonstration program. Authorizes appropriations.",2025-08-29T19:50:11Z,
97-hjres-605,97,hjres,605,"A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.",Housing and Community Development,1982-09-22,1982-10-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,1,Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs.,2024-02-06T19:38:08Z,
97-hr-7065,97,hr,7065,"A bill to amend the Community Services Block Grant Act to clarify the authority of the Secretary of Health and Human Services to designate community action agencies for certain community action programs administered by the Secretary for fiscal year 1982, and for other purposes.",Housing and Community Development,1982-09-08,1982-09-30,Became Public Law No: 97-274.,House,"Rep. Matsui, Robert T. [D-CA-3]",CA,D,M000249,0,Amends the Community Services Block Grant Act to authorize the Secretary of Health and Human Services to designate a replacement agency for a community action agency terminated or denied funding by the Secretary during FY 1982.  States that such designated replacement agency shall receive community services block grant funds through FY 1983. Permits reinstatement of a replaced agency if a final determination to restore funding is made before the State begins operating programs with the designated new agency.,2025-07-21T19:44:15Z,
97-s-2873,97,s,2873,"A bill to amend the National Housing Act to provide for a mortgage and loan interest reduction program, and for other purposes.",Housing and Community Development,1982-08-20,1982-08-30,Committee on Banking requested executive comment from HUD.,Senate,"Sen. Mathias, Charles McC., Jr. [R-MD]",MD,R,M000241,0,"Amends the National Housing Act to authorize the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to assist low and moderate income families in acquiring a home or membership in a cooperative housing project by making interest reduction payments to mortgagees and lenders on behalf of such families for not to exceed 12 years. Declares that the amount of all such payments shall constitute a second lien on the housing and shall be repayable when:  (1) the housing is sold or otherwise disposed of; (2) the first mortgage or loan is refinanced; or (3) the housing ceases to be the principal residence of the mortgagor or borrower. Sets the amount of such payments as the lesser of: (1) the difference between the monthly payment required under the mortgage or loan and the monthly payment that would be required if the loan or mortgage were to bear seven percent interest; or (2) the difference between the monthly payment required under the mortgage or loan and 25 percent of the borrower's family income. Requires a mortgage or loan to be insured by the Secretary in order to be eligible for interest reduction payments.  Lists conditions for insurability including requirements that the loan or mortgage:  (1) be executed by a first-time homebuyer who has paid at least five percent of the purchase price and whose income did not exceed $30,000 during the preceding year; and (2) be amortized over 30 years with loan or mortgage payments increased by five percent each year until the interest reduction payment is eliminated except for any year following a year in which the mortgagor's family income has decreased.  Declares that any insured loan or mortgage shall be eligible for purchase by the Federal National Mortage Association and the Federal Home Loan Mortgage Corporation. Authorizes appropriations. Requires the Secretary to report to Congress annually on yearly commitments for interest reduction payments, the number and income of assisted families, and the acceptability of assisted loans and mortgages on the secondary market.",2025-01-14T18:20:21Z,
97-hr-7045,97,hr,7045,A bill to provide certain protections for tenants of public housing and other assisted housing projects.,Housing and Community Development,1982-08-19,1982-08-19,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Rangel, Charles B. [D-NY-19]",NY,D,R000053,0,"Amends the United States Housing Act of 1937 to require income limits for occupancy and rent of public housing to be fixed by the public housing agency and approved by the Secretary of Housing and Urban Development, except as otherwise provided in such Act. Decreases the maximum percentage of a family's monthly adjusted income payable as rent for public housing.  Prohibits a tenant from paying rent exceeding the amount equal to the cost to the public housing authority for operating the tenant's unit. Amends the definition of ""income"" for purposes of such Act to exclude the value of food stamps or certificates.  Excludes from the definition of ""adjusted income"": (1) income from each family member residing in the household who is 18 years of age or older and is disabled, handicapped, or a full-time student; (2) $500 for each elderly member of a household and each minor member who is disabled, handicapped, or enrolled in an accredited school; (3) medical and educational expenses; and (4) child care expenses which are necessary for the employment of other household members.  Amends the National Housing Act and the Housing and Urban Development Act of 1965 to adopt the same definitions for ""income"" and ""adjusted income."" Amends the National Housing Act to decrease the maximum and increase the minimum percentage of a tenant's adjusted income payable as rent for lower income housing assisted under such Act. Amends the Housing and Urban Development Act of 1965 to increase the maximum rent supplement payments payable by the Secretary for lower income families under such Act. Amends the United States Housing Act of 1937 to prohibit the demolition, sale, or other disposal of a public housing project, unless:  (1) the Secretary, the public housing authority, and the local government have certified their approval; (2) the project is substantially unoccupied; (3) there is no waiting list for public housing units in the area; (4) the costs of rehabilitating the project would be greater than replacing it; (5) the project tenants have been notified and consulted; (6) the Secretary and the public housing agency have entered into agreements assuring relocation assistance to displaced tenants; and (7) the agency has secured funding which has been committed to replacing such project with new or substantially rehabilitated units in the same neighborhood or, under certain conditions, in another neighborhood. Permits certain requirements to be waived with the consent of the tenants if there are sound social and economic reasons for the demolition or disposal of the project.",2024-02-06T19:38:08Z,
97-hr-7009,97,hr,7009,"A bill entitled: ""The Cooperative Apartment Tax Act"".",Housing and Community Development,1982-08-18,1982-08-18,Referred to House Committee on Ways and Means.,House,"Rep. Green, S. William [R-NY-18]",NY,R,G000417,0,"Amends the Internal Revenue Code to revise requirements for the tax deduction of taxes, interest, and business depreciation in the case of cooperative housing corporations relating to:  (1) the definition of such a corporation; (2) occupancy;  and (3) proportionate shares of stock owned by tenant shareholders.",2024-02-07T16:32:33Z,
97-hr-6899,97,hr,6899,A bill to mandate the Secretary of Housing and Urban Development to make assumable certain mortgages and loans insured by the Secretary under titles I and II of the National Housing Act.,Housing and Community Development,1982-07-29,1982-07-29,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,3,"Amends the National Housing Act to direct the Secretary of Housing and Urban Development to provide that certain mortgages and loans insured under such Act shall be assumable by any person who: (1) is creditworthy and financially capable of carrying out the obligations under the mortgage; and (2) meets the eligibility requirements applicable, at the time of the assumption, to the applicable mortgage insurance program.",2024-02-06T19:38:08Z,
97-hr-6879,97,hr,6879,A bill to amend the Community Services Block Grant Act to clarify the authority of the Secretary of Health and Human Services regarding the award of grants and contracts for certain special emphasis programs.,Housing and Community Development,1982-07-28,1982-08-13,Referred to Subcommittee on Human Resources.,House,"Rep. Andrews, Ike [D-NC-4]",NC,D,A000207,0,"Amends the Community Services Block Grant Act to restrict the authority of the Secretary of Health and Human Services, with regard to special emphasis programs, to awarding grants and contracts to public and private organizations for: (1) rural housing; (2) farmworker assistance; (3) community economic development; (4) national youth sports; and (5) rural community facility programs.",2025-07-21T19:44:15Z,
97-hr-6845,97,hr,6845,A bill to restrict the prepayment of loans made under section 202 of the Housing Act of 1959 for housing projects for the elderly and handicapped.,Housing and Community Development,1982-07-22,1982-07-22,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Roybal, Edward R. [D-CA-25]",CA,D,R000485,1,"Amends the Housing Act of 1949 to allow prepayment of a loan for a housing project for elderly or handicapped families only if the Secretary of Housing and Urban Development approves such prepayment after determining that: (1) such prepayment is made out of funds, remaining in the project's revenue fund account at the end of a fiscal year, in excess of estimated expenses for the next 90 days; (2) the project is experiencing financial difficulties endangering its continuation or the project sponsor is unwilling or ineligible to continue as the sponsor and no tenants' organization or area entity is eligible, able, and willing to assume the loan and continue operating the project pursuant to the loan contract; (3) there is no longer a need for the project because comparable housing is available at comparable rental rates; or (4) the prepayment is part of a transaction assuring that the project will continue to operate in the same manner as required under the original loan agreement until the original maturity date of the loan. Directs the Secretary to approve such prepayment only on the condition, with a specified exception, that the original borrower (or such borrower's successors in interest) pay the Secretary the difference between the amount paid for interest and an allowance on the loan and the amount the borrower would have paid if the market rate of interest had been charged on the loan.",2024-02-06T19:38:08Z,
97-s-2752,97,s,2752,"A bill to amend the Pennsylvania Avenue Development Corporation Act of 1972 to authorize appropriations and further borrowings for implementation of the development plan for Pennsylvania Avenue between the Capitol and the White House, and for other purposes.",Housing and Community Development,1982-07-20,1982-07-30,Subcommittee on Public Lands and Reserved Water. Hearings held.,Senate,"Sen. McClure, James A. [R-ID]",ID,R,M000346,0,Amends the Pennsylvania Avenue Development Corporation Act of 1972 to increase the borrowing power of the Pennsylvania Avenue Development Corporation. Authorizes appropriations for operating and administrative expenses of the Corporation through FY 1988.,2025-04-23T11:41:33Z,
97-hr-6764,97,hr,6764,A bill to provide that State law shall apply to the enforcement of due-on-sale clauses by Federal savings and loan associations and by national banks.,Housing and Community Development,1982-07-14,1982-07-14,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Stark, Fortney Pete [D-CA-9]",CA,D,S000810,23,"Amends the Home Owners' Loan Act of 1933 to declare that State law shall apply to the enforcement of any due-on-sale clause, or other similar provision, contained in:  (1) any mortgage which secures sums borrowed from a Federal savings and loan association or national bank; or (2) any promissory note which serves as evidence of sums borrowed from a savings and loan association or national bank.",2024-02-06T19:38:08Z,
97-hjres-510,97,hjres,510,"A joint resolution to designate the week of April 17, 1983, as ""National Architecture Week"".",Housing and Community Development,1982-06-10,1982-08-09,Received in the Senate and read twice and referred to the Committee on Judiciary.,House,"Rep. Stark, Fortney Pete [D-CA-9]",CA,D,S000810,0,"Designates the week of April 17, 1983, as National Architecture Week.",2025-07-21T19:32:26Z,
97-s-2607,97,s,2607,Housing and Community Development Amendments of 1982,Housing and Community Development,1982-05-28,1982-05-28,Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 656.,Senate,"Sen. Garn, E. J. (Jake) [R-UT]",UT,R,G000072,0,"Housing and Community Development Amendments of 1982 - Title I: Community and Neighborhood Development - Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Urban Development (the Secretary) to:  (1) make rental rehabilitation grants to State and local governments for the rehabilitation of privately owned property for residential rental purposes; (2) make available contract authority for assistance payments for very low income tenants and other lower income tenants of units in structures rehabilitated or, to the extent of any remaining authority, constructed with grants under this title; and (3) make rental construction grants to State and local governments to support construction of privately owned real property for residential use. Provides funds for such grants for FY 1983 with specified amounts earmarked for:  (1) innovative programs; and (2) technical assistance for rehabilitation activities. Sets forth guidelines for the allocation of such grants and contract authority among cities with populations of 100,000 or more, urban counties, and States.  Requires applications for such assistance to include:  (1) an analysis of the financial feasibility of the rehabilitation or construction program, including information on the availability of non-Federal resources; (2) an estimate of the effect of the program on neighborhood preservation; and (3) a certification that the applicant will comply with nondiscrimination requirements. Permits the Secretary to make construction grants only upon finding that:  (1) the area is experiencing a severe rental housing shortage; (2) the area has extremely low vacancy rates; and (3) a program of other than rehabilitation is necessary to improve rental opportunities or advance a neighborhood preservation program.  Declares that the Secretary is not required to allocate more contract authority than is necessary for assistance payments for rehabilitated units. Requires contribution contracts with respect to rental assistance payments to require the appropriate public housing agency to make such assistance payments available to all very low income tenants of rehabilitated units. Requires grantees to submit performance reports concerning the use of assistance provided under this title.  Directs the Secretary to conduct annual audits and reviews of the performance of grantees. Permits the Secretary to adjust the amount of assistance provided to a grantee as a result of his or her findings.  Prohibits any adjustments to recapture assistance already expended. Lists requirements for rental rehabilitation programs assisted under this title.  Restricts the use of rehabilitation grants to structures that are to be used primarily for rental residential purposes in low- and moderate-income areas. Limits the amount of rehabilitation assistance for a structure to 50 percent of the total rehabilitation costs of that structure or, under special circumstances, 50 percent of the development costs. Requires a borrower under such a program to be personally liable for repayment of any financing upon default. Limits the amount of a construction grant to the total amount of assistance allocated to a grantee under this title.  Requires that such grant be used to provide decent rental or cooperative housing of modest design which is affordable, with rental assistance payments, for families without other housing alternatives.  Requires the owner of any project assisted under such a construction grant to agree that for the first ten years of the project:  (1) 25 percent of the units constructed shall be available for occupancy by very low income families; (2) savings resulting from reduced debt service payments or construction costs will be passed on to tenants; (3) prospective tenants will not be rejected because they receive Federal rent subsidies; and (4) units will not be converted to condominium ownership or cooperative ownership unaffordable to very low income families. Requires such projects to contain five or more dwelling units and to be used primarily for residential purposes. Declares that the mortgage of such a project may be insured under the National Housing Act.  Requires rents for project units to be approved by the grantee.  Requires 30 days written notice of rent increases to tenants. Prohibits a State or local government from imposing rental requirements on projects assisted by rehabilitation or construction grants under this title. Requires a State to administer assistance made available to cities with populations of less than 100,000 or cities and urban counties requiring a level of assistance which the Secretary determines to be insufficient for conducting an independent rehabilitation or construction program. Permits the State to:  (1) use such assistance to conduct its own programs; (2) distribute such assistance to local governments; or (3) elect to have the Secretary administer such assistance. Directs the Secretary to establish:  (1) relocation payment standards; and (2) specified procedures governing rehabilitation involving historic structures. Exempts the awarding and use of assistance under this title from the National Environmental Policy Act of 1969 and related provisions. Increases the amount of appropriations authorized for Federal grants to State and local governments and Indian tribes under the Housing and Community Development Act of 1974. Limits the amount of obligations issued by a local government to finance the purchase or rehabilitation of property that the Secretary may guarantee in FY 1983. Amends the National Housing Act to declare that coinsurance of a mortgage executed to refinance a housing project eligible for a rehabilitation grant may provide that:  (1) insurance benefits shall equal 90 percent of the mortgage on the foreclosure date plus 90 percent of interest arrears on the date benefits are paid; (2) the mortgagee shall remit to the Secretary 90 percent of the net proceeds of the property; (3) benefits shall be paid in cash unless the mortgagee requests debentures; and (4) the underwriter may reinsure ten percent of the mortgage amount with a private or State insurance agency.  Prohibits the Secretary from issuing any commitment for coinsurance for such property after October 1, 1985.  Allows the Secretary, when insuring a mortgage executed to refinance such a project, to:  (1) include rehabilitation costs of up to $20,000 per unit, with up to 25 percent more for specific properties; (2) permit subordinated liens securing up to the full amount of mortgage financing provided by State or local governments; and (3) pay insurance benefits in cash unless the mortgagee requests debentures. Reduces the amount of appropriations authorized for the urban homesteading program for FY 1983.  Authorizes appropriations for such program for FY 1984. Provides for the payment of consideration by a State or local government to the Secretary and by an individual or family to such government for real property transferred under an urban homesteading program.  Requires such a government to remit to the Secretary 50 percent of any amount by which the consideration it receives for such property exceeds the consideration it paid for such property. Directs the Secretary to undertake a program to: (1) demonstrate the feasibility of using homesteading techniques to facilitate the reuse of multifamily properties owned by the Secretary for home ownership purposes; (2) convey suitable properties to State and local governments for subsequent transfer to individuals under a cooperative or condominium form of ownership; and (3) undertake a program to demonstrate the feasibility of providing assistance based on a rental assistance payment standard to assist lower income families in rehabilitating such property. Amends the Housing Act of 1964 to repeal provisions authorizing the Secretary to make rehabilitation loans. Amends the Housing and Urban Development Act of 1969 to repeal provisions authorizing the General Services Administration to transfer Federal surplus real property to the Secretary or the Secretary of Agriculture for sale or lease at fair value for use for low- and moderate-income housing.  Permits the transfer of property requested before enactment of this Act. Amends the Housing Act of 1949 to repeal provisions that prohibit an urban renewal plan from providing for the construction of transient housing, unless the community involved has obtained a transient housing study indicating a need for such housing. Amends the Housing and Urban Development Act of 1965 and the Housing Act of 1961 to repeal provisions requiring the Secretary's approval of the conversion of neighborhood facilities or open space land to uses not originally approved by the Secretary when awarding a grant for acquisitions of such facilities or land. Title II:  Housing Assistance Program - Amends the Housing and Community Development Act of 1974 to direct the Secretary of Housing and Urban Development (the Secretary) to issue a regulation prescribing a formula governing the allocation of housing assistance for elderly, handicapped, and lower income families among the different States, areas, and communities.  Changes the amount of such assistance required to be set aside for rural housing in a fiscal year from between 20 and 25 percent of the total assistance available to an amount necessary to provide rental assistance payments for up to 10,000 dwelling units. Amends the United States Housing Act of 1937 to limit the contract and budget authority of the Secretary for FY 1983 with respect to contribution contracts for public housing projects. Declares that such contribution contracts may provide for assistance payments to owners of lower income housing projects based on:  (1) the maximum monthly rent such owner is entitled to receive for each unit (as currently required) or;  (2) a payment standard used to determine the maximum monthly assistance payable for any family with respect to an existing unit selected by the family. Requires the Secretary to promulgate a regulation establishing a formula for determining fair market rentals in connection with contribution contracts based on maximum monthly rent.  Requires only the owners of newly constructed or substantially rehabilitated units assisted under such a contract (currently owners of all assisted units) to provide tenants 90 days prior notice of any rent increase to take effect when the contract expires.  Requires that owners of existing units assisted under such a contract give preference in selecting tenants to families paying more than 50 percent of their incomes as rent. Requires the Secretary to establish and publish in the Federal Register payment standards for various types of dwelling units in the market area (excluding units not meeting quality standards) at levels designed to assist families in securing decent, safe, and sanitary housing.  Limits the monthly assistance payment based on a payment standard to the amount by which the payment standard exceeds 30 percent of the family monthly adjusted income at the time the family first receives such assistance, provided that such monthly assistance payment is not greater than the amount by which the monthly rent for the unit exceeds the greater of:  (1) ten percent of the family's monthly income; or (2) the part of any welfare payment designated for the family's housing costs.  Restricts such assistance payments to very low-income families and families previously assisted under the Housing Act of 1937, with preference given to families which:  (1) occupy substandard housing; (2) are involuntarily displaced; or (3) pay more than 50 percent of their income for rent.  Permits the Secretary to disregard such preference and provide assistance to:  (1) eligible families occupying units in formerly assisted projects acquired by the Secretary; or (2) families in units to be rehabilitated. Terminates such assistance based on a payment standard with respect to any vacant unit. Limits the duration of such assistance payments to five years. Requires the public housing agency to inspect the assisted unit at least annually to determine that it meets housing quality standards. Permits a public housing agency to adjust the amount of such assistance payments (with specified restrictions) two times during any five- year period, when necessary to assure continued affordability. Provides for low-income housing assistance based on a payment standard for families renting manufactured homes or spaces. Exempts from congressional review and veto procedures regulations establishing amounts for fair market rentals or payment standards. Allows the Secretary to establish income ceilings higher or lower than 50 percent of the area median income when defining ""very low-income families"" for purposes of the low-income housing assistance programs, if such variations are necessary because of unusually high or low family incomes.  Requires the Secretary to exclude medical expenses exceeding three percent of annual income when determining an elderly family's adjusted gross income for purposes of such programs. Directs the Secretary to identify the portion (not to exceed 30 percent) of a family's welfare assistance payments which shall be applied toward the minimum rent for a unit assisted under such a housing program whenever no part of such payments is designated by the State for housing costs. Authorizes the Secretary to provide for delayed applicability or staged implementation of specified procedures for determining rents or rent increases for low-income housing projects under this Act and the Housing and Community Development Amendments of 1981 with respect to tenants occupying units in assisted projects as of the effective date of regulations implementing the payment standard provisions of this Act.  Directs the Secretary to provide that the rent for any tenant of an assisted project shall not increase by more than ten percent during any 12-month period as a result of such procedures or any other provision of federal law or regulation, unless the greater increase is attributable to an unrelated change in the tenant's income. Authorizes appropriations for FY 1983 through 1985 for annual contributions to public housing agencies for the operation of lower income housing projects, with a specified amount earmarked for management improvement assistance for substandard agencies. Directs the Secretary to prescribe a regulation containing a formula for allocating such contributions.  Prohibits any change of the formula or standards for allocating contributions with respect to any agency until the close of the contributions contract covering such agency.  Prohibits any reduction in operating payments to an agency:  (1) to reflect savings in operation costs, unless the allowable reserve would otherwise exceed 50 percent of the agency's operating budget; or (2) as a result of a lack of funds, unless payments to all agencies are ratably reduced. Authorizes the Secretary to enter into two types of annual contribution contracts for operating assistance to public housing agencies.  Provides for a three-year contract permitting agencies, with a satisfactory management capability or history, maximum flexibility to establish and implement management, financial, and operating procedures for their housing projects.  Requires such agencies to submit annually such information as the Secretary requires to assure compliance with requirements governing the operation and maintenance of lower income housing projects.  Provides for a one-year contract authorizing the Secretary's direct involvement in the management and operation of projects by agencies with an unsatisfactory management capability or history.  Permits such a contract to provide for assistance in amounts 15 percent above or below an agency's allocation in order to encourage such agency to achieve management improvements or to meet extraordinary needs of the agency to improve the agency's management capability to a satisfactory level. Authorizes the Secretary to approve an application by a public housing agency for assistance for: (1) demolition of a public housing project or a portion of such project if the project is unusable for housing and there is no feasible program to return the project to useful life; or (2) disposal of assisted housing if its retention is not in the best interests of the tenants or the public housing agency and if the net proceeds from such disposal shall be used to retire outstanding debt for the project and for the acquisition, rehabilitation, or operation of other lower income housing projects. Permits the Secretary to provide such assistance only after determining that families to be displaced by the demolition or disposal:  (1) have been consulted by the public housing agency about such demolition or disposal; and (2) will be provided rental assistance or replacement housing in a low income housing project. Amends the Omnibus Budget Reconciliation Act of 1981 to prohibit the Secretary from entering contracts for periodic payments to offset the costs to the Federal Financing Bank of purchasing obligations issued by local public housing agencies to finance public housing projects. Amends the Housing and Community Development Amendments of 1978 to require that a rental or cooperative housing project be covered by a federally-insured mortgage to be eligible for operating assistance for troubled multifamily projects.  Amends the National Housing Act to extend through September 30, 1984, the period during which amounts in the rental housing assistance fund may be approved for such operating assistance. Amends the Housing Act of 1959 to set the interest rate on loans made by the Secretary for the provision of rental or cooperative housing and related facilities for the elderly and handicapped at the lower of nine percent per year or the average rate on Federal obligations as of the end of the previous fiscal year.  Eliminates the requirement that a nonprofit corporation, to be eligible for such loans, have on its governing body members selected to represent the views of the community where such housing would be located. Directs the Secretary:  (1) when selecting projects for loans, to assure the inclusion of special design features and congregate space necessary for elderly and handicapped residents; and (2) to encourage the provision of small and scattered site group homes and independent living facilities for nonelderly handicapped persons and families.  Permits a project sponsor to:  (1) provide funds from other sources for amenities if the cost of such amenities is not federally financed or subsidized; and (2) select the contractors to design, develop, or construct the project on a competitive or negotiated basis unless the Secretary disapproves the selection.  Increases the borrowing authority of the Secretary for FY 1982 and 1983 for purposes of providing such loans.  Limits the lending authority of the Secretary and the number of units which may be approved for construction or rehabilitation in FY 1983. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for congregate services programs for FY 1983 through 1985. Amends the United States Housing Act of 1937 to repeal references to Federal assistance for the construction or rehabilitation of lower income housing projects, except as applicable for projects for the elderly or handicapped.  Requires tenants in units of federally assisted projects which are individually metered to pay to the public housing agency their utility costs exceeding their utility allowances. Amends the Social Security Act to repeal a provision allowing States to consider rent and housing subsidies as family income in determining that family's need for aid to families with dependent children. Title III:  Program Amendments and Extensions - Amends the National Housing Act to extend for two years the authority of the Secretary of Housing and Urban Development (the Secretary) to insure housing loans and mortgages under specified insurance programs contained in such Act. Prohibits the Secretary from issuing a firm commitment to provide mortgage assistance payments for lower income families after September 30, 1982. Authorizes the appropriation of such funds as may be necessary to cover losses sustained by the General Insurance Fund.  Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research activities of the Department of Housing and Urban Development (HUD) for FY 1983. Amends the National Housing Act to repeal the Secretary's authority to establish maximum interest rates on Federal Housing Administration (FHA) loans.  Provides that housing mortgages or loans insured under programs that are extended beyond FY 1982, with specified exceptions, shall bear interest at such rate as may be agreed upon by the borrower and the lender.  (Currently, the Secretary sets or approves such interest rates within prescribed limits.)  Continues the authority of the Secretary to set the maximum interest rate for insured mortgages of mortgagors receiving home ownership assistance payments. Authorizes the Secretary to agree to an extension of the term of an insured mortgage on property or land to be improved or developed, upon determining that unusual circumstances make such extension necessary to avoid undue hardship to the mortgagor. Authorizes the Secretary to limit:  (1) the amount of discount points payable in connection with loans and mortgages insured under such Act; and (2) the maximum interest rates on loans or mortgages insured under a particular program or on particular types of mortgages. Exempts regulations prescribing such maximum interest rates from congressional veto procedures. Permits maximum mortgage amounts eligible for FHA insurance to be increased by the mortgage insurance premium paid at the time a mortgage is insured.  Excludes such premium from the mortgage down payment required for such insurance. Increases the amount of the principal obligation of a mortgage executed by a non-occupant mortgagor which is eligible for FHA insurance. Declares that premium charges for FHA insurance of mortgages with alternative financing mechanisms are not required to be the same as premium charges for other FHA mortgages. Limits the amount of mortgage-backed securities the Government National Mortgage Association may enter into commitments to guarantee and the amount of loans and mortgages the Secretary may enter commitments to insure during FY 1983. Makes it discretionary (rather than mandatory) for the Secretary to regulate the rents and rate of return on HUD-insured housing projects and to provide such insurance primarily to projects providing for families with children. Permits the Secretary to insure mortgages of manufactured home parks designed exclusively for the elderly. Eliminates special limitations on the amount of a mortgage involving refinancing for rehabilitation purposes which qualifies for FHA insurance. Increases and standardizes the mortgage amounts eligible for FHA insurance for certain rental housing projects regulated under Federal or State law as to rent or method of operation. Provides higher mortgage limits for such projects: (1) which receive assistance under the Rental Rehabilitation Program; (2) in which 20 percent of the units are available for occupancy for at least ten years by families whose incomes do not exceed 80 percent of the area median income; or (3) which are subject to mortgages which are coinsured with private lenders. Authorizes the Secretary to direct mortgagees exercising their option to assign certain insured mortgages to the Secretary, to deliver the mortgages and original credit installments directly to the Government National Mortgage Association in lieu of the Secretary.  Authorizes the Association to hold and service such loans as agent for the Secretary. Eliminates the option of mortgagees to assign such insured mortgages to the Secretary with respect to a commitment to insure entered into on or after the effective date of this Act. Eliminates the conditions that a mortgagor shall acquire a condominium for his or her use and occupancy, a mortgagor shall not own more than four insured condominiums, and a condominium shall meet one of the following requirements in order for the condominium mortgage to qualify for FHA insurance: (1) the project containing the mortgage is or has been Federally insured; (2) there are less than 12 units in the project; or (3) if the project has more than 11 units, it is more than one year old.  Revises provisions governing the maximum amount of a condominium mortgage that is eligible for insurance.  Prohibits FHA insurance for units in a project which was converted from rental housing, unless:  (1) the conversion occurred more than one year prior to the application for insurance; (2) the mortgagor was a tenant of that rental housing; or (3) the conversion is sponsored by a tenant's organization representing a majority of households in the project. Authorizes the Secretary to insure the mortgage of a unit in a cooperative housing project not covered by an insured blanket mortgage if the Secretary has examined and not disapproved the underlying mortgage and if construction of the project was completed more than one year before application for insurance.  Eliminates the insurance eligibility requirement that a cooperative be nonprofit. Repeals provisions limiting the amount of loans and mortgages the Secretary may insure on a coinsurance basis to twenty percent of the amount of all mortgages and loans insured by the Secretary. Extends for two years the Secretary's authority to insure graduated payment mortgages. Eliminates the requirements that a mortgagor must be unable to afford a dwelling under any other mortgage insurance program and must not have owned a dwelling within the previous three years in order to qualify for graduated payment mortgage insurance. Deletes restrictions on the number of graduated payment mortgages which may be insured during a year.  Provides authority for the Secretary to insure graduated payment mortgages for housing projects consisting of five or more dwelling units. Authorizes the Secretary to insure a limited number of adjustable rate mortgages for dwellings designed for occupancy by one to four families (single-family homes).  Permits annual interest rate adjustments of not to exceed one percent through adjustments in the monthly payment, the mortgage term, or a combination of both. Prohibits:  (1) extending the mortgage term beyond 40 years; or (2) increasing the interest rate by more than five percentage points over the mortgage term.  Requires the Secretary to consult with the Comptroller of the Currency and the Federal Home Loan Bank Board to assure the consistency of Federal regulations governing adjustable rate mortgages.  Directs the Secretary to require the mortgagee to provide information to the mortgagor describing the features and maximum possible payment schedule for an adjustable rate mortgage. Authorizes the Secretary to insure a specified number of shared appreciation mortgages for single family homes (including cooperative units) and multifamily housing projects. Declares that the mortgagee's predetermined share of the property's net appreciation shall be payable upon the sale or transfer of the property or the payment in full of the mortgage, whichever occurs first, Excludes a mortgagee's share of the net appreciated value from the mortgagee's insurance benefits in the event of a default. Directs the Secretary to prescribe disclosure requirements applicable to such mortgages.  Exempts such mortgages from State authority. Requires that a shared appreciation mortgage for a single-family home:  (1) bear interest at a rate which meets criteria prescribed by the Secretary; (2) amortize over not more than 30 years; and (3) have a term of between ten and 30 years.  Directs the Secretary, in insuring such mortgages, to give a priority to low and moderate income tenants affected by the conversion of rental housing to condominium or cooperative ownership. Requires that a shared appreciation mortgage for a multifamily housing project have a term of not less than 15 years and be repayable in monthly installments needed to retire the debt over 30 years.  Directs the Secretary to establish the maximum percentage of a project's net appreciated value payable to such a mortgagee. Authorizes the Secretary to insure certain housing loans which do not completely amortize over the loan term. Authorizes the Secretary to make expenditures to correct or provide compensation for structural defects in an FHA-insured single family home for which a Veterans Administration loan guaranty was approved prior to construction. Requires payment to the Government of mortgage insurance premiums promptly:  (1) upon their receipt from the borrower with respect to mortgages on single-family homes; and (2) when due to the Secretary with respect to mortgages on multifamily housing projects. Authorizes the Secretary to insure the mortgage of a single-family home that is located on an Indian reservation and purchased by a member of an Indian tribe for his or her principal place of residence, notwithstanding any other limitations of the National Housing Act. Amends the Multifamily Mortgage Foreclosure Act of 1981 to repeal provisions authorizing or directing the Secretary to require the purchaser of a HUD-owned multifamily housing project at a foreclosure sale to continue to operate the project in accordance with the terms of the Act under which it was insured. Authorizes the Secretary and the Secretary of Agriculture to require an applicant for financial assistance or mortgage or loan insurance under a housing program of the Department of Housing and Urban Development (HUD) or the Farmer's Home Administration (FHA), respectively, to:  (1) include his or her social security number or employer identification number on designated forms; and (2) sign a form authorizing the Secretary to verify information furnished by the applicant and authorizing other agencies and private sources to release information relevant to the applicant's eligibility or benefit level such as data on wages, unemployment compensation, veterans benefits, and social security benefits. Entitles an applicant to examine and correct such information. Requires State unemployment agencies, upon request, to release to HUD, the Department of Agriculture, and public housing agencies information concerning an individual's wages, unemployment compensation, and home address for purposes of determining that individual's eligibility for, or level of, benefits under a housing program.  Directs either Secretary or a public housing agency to deny benefits to any applicant to, or participant in, a housing program who:  (1) knowingly has submitted incorrect or misleading information or withheld relevant facts; or (2) violated an Act or regulation governing that program. Amends the Housing and Community Development Act of 1980 to prohibit the Secretary from providing financial assistance to aliens through a specified housing insurance program for moderate income and displaced families. Amends the Housing and Urban Development Act of 1968 to:  (1) authorize appropriations for loans to nonprofit organizations or public housing agencies for expenses in planning and obtaining financing for the rehabilitation or construction of housing for low or moderate-income families under any federally assisted program, with specified limits on appropriations authorized for FY 1982 and 1983; and (2) repeal specified provisions authorizing housing counseling assistance for mortgagors. Amends the Housing and Community Development Amendments of 1978 to authorize appropriations for the Neighborhood Reinvestment Corporation for FY 1983. Amends the National Housing Act to revise the maximum mortgage amount for a manufactured home or manufactured home and lot that is eligible for FHA insurance to 80 and 90 percent, respectively, of the maximum eligible mortgage amount for housing in the same area.  Increases to 30 years the maximum term of a manufactured home mortgage eligible for FHA insurance. Allows an existing manufactured home purchased with a loan not insured by HUD to be refinanced under such Act if it was constructed according to standards established under the National Manufactured Housing Construction and Safety Standards Act of 1974. Authorizes the Secretary to insure the mortgage of a manufactured home which satisfies such standards and which is affixed to a permanent foundation. Amends the Federal National Mortgage Association Charter Act to make it discretionary (rather than mandatory) for the Federal National Mortgage Association (FNMA) to establish maximum mortgage amounts that it will purchase. Authorizes the FNMA to issue freely transferable preferred stock.  Repeals provisions limiting:  (1) the amount of subordinated obligations the FNMA may have outstanding; and (2) the term of loans made by FNMA on the security of mortgages. Authorizes the FNMA to purchase any mortgage held by the Federal Deposit Insurance Corporation (FDIC) or the Federal Savings and Loan Insurance Corporation (FSLIC). Amends the Federal Home Loan Corporation Act to make it discretionary rather than mandatory for the Federal Home Loan Corporation (FHLC) to establish maximum mortgage amounts that it will purchase. Authorizes the FHLC to purchase any mortgage held by the FDIC or the FSLIC. Amends the National Housing Act to direct the Secretary not to accept the offer of an owner of a federally-assisted multifamily housing project to prepay the project mortgage (thus becoming exempt from Federal program requirements) unless the Secretary has:  (1) determined that the project no longer meets the rental housing needs of low-income people in the area or that other Federal assistance could meet those needs more effectively; (2) considered tenants' comments; and (3) ensured that there is a plan for providing relocation assistance to displaced tenants.  Directs the Secretary to give a priority to providing specified low-income housing assistance to tenants of projects assisted under programs that give project owners the right to prepay, if the Secretary determines that providing such assistance is necessary to prevent such an owner from prepaying the mortgage.  Requires owners receiving such assistance to maintain the low-income character of the project for at least the remaining term of the mortgage to the extent that assistance is provided. Requires the Federal Home Loan Bank Board to include in its Mortgage Interest Rate Survey median loan and purchase price data for each State and the standard metropolitan statistical areas of each State. Title IV:  Alternative Mortgage Transactions - Alternative Mortgage Transaction Parity Act of 1982 - Authorizes all housing creditors to make, purchase, and enforce alternative mortgage transactions provided the transactions are authorized by, and in accordance with, regulations governing alternative mortgage transactions issued by:  (1) the Comptroller of the Currency for national banks (with respect to banks); (2) the National Credit Union Administration Board for Federal credit unions (with respect to credit unions); or (3) the Federal Home Loan Bank Board for federally chartered savings and loan associations (with respect to all other housing creditors). Defines an ""alternative mortgage transaction"" as a loan or credit sale which is secured by real property, a dwelling, all stock allocated to a cooperative unit, or a manufactured home and which involves other than a traditional fixed-rate, fixed-term transaction. Allows housing creditors to make such transactions notwithstanding any State constitution, law, or regulation, unless the voters of a State approve a provision stating that such State does not want the provisions of this title to apply to transactions subject to laws of that State. Title V:  Rural Housing - National Rural Housing Act - Part A:  Amendments to Title V of the Housing Act of 1949 - Amends the Housing Act of 1949 to revise the authority of the Secretary of Agriculture (the Secretary) to provide aid for rural housing through the Farmers Home Administration.  Eliminates the Secretary's authority to provide grants or direct financial assistance other than loans or loan insurance under rural housing programs. Eliminates provisions limiting the interest rate on and certain amounts of rural housing loans.  Requires rural housing loans made by the Secretary to bear the rate of interest prevailing in the private market for similar loans.  Prohibits the interest rate to be agreed upon between a borrower and a private lender for an insured loan from exceeding the market rate. Repeals provisions which:  (1) authorize loans for housing and buildings on potentially adequate farms on the same terms as loans may be authorized for adequate farms; (2) authorize the Secretary to cancel interest due on a loan in cases of extreme hardship; (3) authorize the Secretary to issue obligations for the purpose of making direct loans for farm housing; (4) authorize the Secretary to make and insure loans to enable consumer cooperatives to finance the transfer of memberships on terms that low- and moderate-income persons can afford; (5) permit the Secretary to cancel debts on loans to nonprofit groups for expenses such as planning and obtaining financing for the construction of low-income housing; (6) prohibit rent increases in certain rural housing projects in which tenant's are paying in excess of 25 percent of their incomes for rent; and (7) govern the application of rural housing programs for mobile homes. Extends for one year the (Secretary's) authority to make or insure loans for housing or buildings on adequate farms. Prohibits the Secretary, after enactment of this title, from entering into any contract to provide interest credits or rental assistance, except that any interest credit contract for single family or multifamily housing and any rental assistance contract for multifamily housing entered into before enactment of this title may be renewed.  Requires that contracts for rental assistance or interest credit provide for tenants to contribute 30 percent of their income. Prohibits any increase of more than ten percent during any 12-month period in the rent or contribution of any tenant as a result of any provision of this title or other Federal law. Authorizes rural housing loans for manufactured housing which: (1) meets standards under the Housing and Community Development Act; (2) is financed with a loan on terms which would apply under the National Housing Act; and (3) meets the Secretary's prescribed terms in case of manufactured housing not treated as real estate under State law. Requires property standards for new construction of rural housing to be the same as the Minimum Property Standards prescribed by the Secretary. Directs the Secretary:  (1) to establish, from amounts made available to the Rural Housing Insurance Fund, a reserve against loan losses sustained by the fund; and (2) to report to Congress annually concerning the Fund. Authorizes the Secretary to make and insure loans for condominium housing in rural areas. (Currently the Secretary is authorized, in his or her discretion, to make and insure such loans.) Authorizes the Secretary to make and insure rural housing loans and renew rental assistance contracts in a specified aggregate amount during FY 1983. Authorizes appropriations for FY 1983 for: (1) payments on obligations issued by the Secretary under specified programs; (2) financial assistance to provide low-rent housing for domestic farm labor; and (3) lower income housing assistance under the National Housing Act and the United States Housing Act of 1937. Extends for one year the authority of the Secretary to insure loans for rural housing for the elderly or handicapped. Authorizes FY 1983 appropriations for the mutual and self-help housing program. Part B:  Rural Housing Block Grants - Rural Housing Block Grant Act of 1982 - Authorizes the Secretary to make block grants to States to promote the provision of safe and sanitary housing for residents of rural areas, particularly for those very low-income residents of areas having populations of 2,500 or less.  Authorizes appropriations for such grants for FY 1983, 1984, and 1985. Requires each grantee to prepare a statement of housing objectives and projected use of funds prior to receipt of a grant.  Requires the statement to take into account the needs and conditions of existing housing for very low-income Indians living on trust lands. Permits a grant to be made only if the grantee certifies that:  (1) it has permitted the required public examination and appraisal of its statement; (2) the projected use of funds will improve housing conditions for the maximum feasible number of very low income families; and (3) the grant will be administered in conformity with applicable laws and this part. Requires each grantee to submit to the Secretary a performance report concerning the use of the funds.  Requires the Secretary, at least annually, to review and audit a grantee's activities. Permits the Secretary to adjust and reallocate the amount of grants based on his or her findings. Permits the General Accounting Office to audit the financial transactions of recipients of funds under this part to the extent that the transactions relate to such funds. Declares that the Secretary's allocation and a grantee's use of grant funds shall not be subject to the National Environmental Policy Act. Provides that activities assisted under this part may include only:  (1) rehabilitation of existing homes for occupancy by very low income residents; (2) the acquisition and rehabilitation of existing buildings for very low income housing; (3) financing the construction and purchase of modest homes for very low income persons; (4) provision of multifamily housing where there is a demonstrated need for very low income rental housing or farmworker housing; (5) provision of rental assistance for very low income persons not otherwise served by an existing rental assistance program; (6) the acquisition and development of real property for very low income housing; and (7) the disposition of real property. Directs the Secretary to issue a regulation prescribing a formula for determining the grant amount to be allocated to each State based on the population and extent of poverty and substandard housing in each State compared to all States. Requires a State to pay from its own resources: (1) at least ten percent of the amount of Federal funds allocated to such State for rural housing activities during any three-year funding cycle;  and (2) all administrative expenses, which shall separately be appropriated for such purpose, incurred by the State in carrying out its responsibilities under this part (except that from the amounts received for distribution in rural areas, the State may deduct up to 50 percent of the costs it incurred in carrying out such responsibilities). Limits amounts so deducted to a maximum of five percent of the amount received. Directs the Secretary to allocate a State's determined amount of funds to the Farmers Home Administration office for the State for distribution in accordance with this part where: (1) the State has elected, in such manner and before such time as the Secretary may prescribe, not to distribute such amounts;  or (2) the State has failed to submit the required certifications. Sets forth provisions prohibiting discrimination on the basis of race, color, national origin, or sex under any program funded by this part. Directs the Secretary, upon finding that a recipient of assistance has failed to comply substantially with any provision of this part, to:  (1) terminate, reduce, or limit the availability of payments.  Permits a recipient to file a petition for review of the Secretary's action in the appropriate United States Court of Appeals.  Authorizes the Secretary in lieu of, or in addition to, any action which the Secretary initiates, to refer the matter to the Attorney General with a recommendation that a civil action be instituted. Directs the Secretary to report to Congress annually concerning this part. Gives congressional consent to States to enter into agreements for cooperative efforts and mutual assistance in support of housing planning and programs carried out under this part as they pertain to interstate areas. Part C:  Congressional Review of Rural Housing Rulemaking - Requires the Secretary to transmit to specified congressional committees final rural housing rules, with specified exceptions (including emergency rules). Prohibits such rules from taking effect if:  (1) within 45 days after Congress receives a rule, either committee reports or is discharged from considering a concurrent resolution disapproving such rule;  (2) within 30 days after such a resolution is reported or discharged, either House adopts it;  and (3) within 30 days after one House adopts such resolution, the other House adopts it.  Sets forth House and Senate procedures for consideration of such resolutions. Title VI:  Flood, Riot, and Crime Insurance - Amends the National Flood Insurance Act of 1968 to: (1) authorize appropriations for studies under such Act for FY 1983 and 1984; (2) extend the authorization for the flood insurance program for two years; and (3) extend the deadline for establishing and rating flood-risk zones. Amends the National Housing Act to extend for two years the authority of the Director of the Federal Emergency Management Agency to provide crime and riot insurance.  Requires the Director to increase the premiums for crime insurance to exceed the average premiums for 1981 and 1982 by 50 percent. Directs the Comptroller General of the United States to study and report to specified congressional committees on the marketing of Federal crime insurance.",2025-08-29T19:51:40Z,
97-hr-6494,97,hr,6494,"A bill to provide that the area of Canyon, in the State of Texas, shall be considered to be a rural area for purposes of title V of the Housing Act of 1949.",Housing and Community Development,1982-05-26,1982-06-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Hightower, Jack E. [D-TX-13]",TX,D,H000582,0,"Requires that the area served by the Farmers Home Administration office in Canyon, Texas, be considered to be a rural area for purposes of determining any person's eligibility for rural housing assistance.",2024-02-06T19:38:08Z,
97-hr-6495,97,hr,6495,A bill to provide for the consideration of certain applications for rural housing assistance under title V of the Housing Act of 1949.,Housing and Community Development,1982-05-26,1982-06-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Hightower, Jack E. [D-TX-13]",TX,D,H000582,0,Requires that any application for rural housing assistance for an area which was determined by the Secretary of Agriculture not to be an eligible rural area as a result of the 1980 decennial census shall be processed as though the area was an eligible rural area if during the 120 days before the Secretary's determination the application was:  (1) requested and not provided by the Secretary; or (2) submitted and discarded by the Secretary without written notice to the applicant.,2024-02-06T19:38:08Z,
97-hr-6469,97,hr,6469,"A bill to amend the Community Services Block Grant Act to clarify the authority of the Secretary of Health and Human Services to designate community action agencies for certain community action programs administered by the Secretary for fiscal year 1982, and for other purposes.",Housing and Community Development,1982-05-24,1982-05-28,Referred to Subcommittee on Human Resources.,House,"Rep. Matsui, Robert T. [D-CA-3]",CA,D,M000249,3,Amends the Community Services Block Grant Act to authorze the Secretary of Health and Human Services to designate and make grants to public or private nonprofit agencies to administer community action programs in areas for which action agencies are terminated or denied funding by the Secretary during FY 1982 or 1983.,2025-07-21T19:44:15Z,
97-hjres-488,97,hjres,488,A joint resolution to disapprove certain rules prescribed by the Secretary of Housing and Urban Development.,Housing and Community Development,1982-05-19,1982-06-02,Placed on Union Calendar No: 364.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,0,"Disapproves certain rules of the Department of Housing and Urban Development which would:  (1) require competitive bidding by borrowers under the Department's loan program for housing for the elderly or handicapped whenever a housing construction contract exceeds $100,000; (2) increase the minimum capital investment of borrowers under such program; and (3) conform cost limits on units of housing under such program to unit cost limits under a specified mortgage guarantee program.",2024-02-06T19:38:08Z,
97-hconres-341,97,hconres,341,A concurrent resolution expressing the sense of the Congress that housing and home ownership are matters of the highest national priority.,Housing and Community Development,1982-05-12,1982-06-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Fountain, L. H. [D-NC-2]",NC,D,F000319,55,Expresses the sense of the Congress that housing and homeownership are matters of the highest national priority.,2024-02-06T19:38:08Z,
97-hjres-480,97,hjres,480,A joint resolution to disapprove certain rules prescribed by the Secretary of Housing and Urban Development.,Housing and Community Development,1982-05-11,1982-06-02,Placed on Union Calendar No: 363.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,0,Disapproves and invalidates specified rules of the Department of Housing and Urban Development pertaining to public housing rent.,2024-02-06T19:38:08Z,
97-hr-6294,97,hr,6294,Single Family Housing Production Act of 1982,Housing and Community Development,1982-05-06,1982-05-12,Received in the Senate and read twice and referred to the Committee on Banking.,House,"Rep. St Germain, Fernand J. [D-RI-1]",RI,D,S000762,33,"Single-Family Housing Production Act of 1982 - Directs the Secretary of Housing and Urban Development to enter into contracts to make periodic assistance payments to mortgagees and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income.  Terminates such authority of the Secretary on September 30, 1982.  Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Sets ceilings for:  (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisfies requirements for creditworthiness and who is:  (1) a mortgagor under a mortgage which is eligible for assistance under this Act;  or (2) the original owner of a new, federally-insured, manufactured home.  Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of:  (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 115 percent of median area income);  or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income).  Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income).  Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this Act to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this Act the requirements that a mortgage:  (1) be secured by a newly constructed single-family dwelling that meets energy conservation standards prescribed by the Secretary;  (2) permit prepayment without penalty;  (3) have a fixed rate of interest;  and (4) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this Act among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments.",2025-08-29T19:49:48Z,
97-hr-6296,97,hr,6296,Housing and Urban-Rural Recovery Act of 1982,Housing and Community Development,1982-05-06,1982-06-10,Rule Granted Providing an Open Rule with 2 Hours of Debate. Partial Waiver of Points of Order.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,18,"(Reported to House from the Committee on Banking, Finance and Urban Affairs with amendment, H. Ret. 97-532) Housing and Urban-Rural Recovery Act of 1982 - Title I: Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to extend for one year the eligibility of certain metropolitan cities and urban counties for community development grants.  Directs the Secretary of Housing and Urban Development (HUD) to prescribe a standard form for State performance reports and assessments of community development programs for metropolitan cities and urban counties. Permits a local government to retain leftover income from community development grants if used for eligible community development activities. Requires community development grants to be considered to be Federal financial assistance, requiring the approval of the head of a Federal agency for purposes of the Uniform Relocation and Real Property Acquisition Policies Act of 1970. Includes the development of shared housing for the elderly as an activity eligible for community development grants. Requires the Secretary, so long as there are qualified applicants, to enter into commitments during FY 1983 to guarantee a specified amount of loans to local governments for the acquisition or rehabilitation of real property for community development activities. Directs the Secretary to guarantee loans financing neighborhood revitalization activities of nonprofit organizations in neighborhoods where activities are funded by urban development action grants. Directs the Secretary to give a priority to assisting neighborhood development activities designed to mitigate the displacement of low-and moderate-income families resulting from commercial activities. Limits the amount of such loans which may be guaranteed during FY 1983 to ten percent of the amount approved in appropriations Acts for urban development action grants in such year.  Requires an application for such a grant to certify that an analysis of the impact of grant activities on neighborhood residents has been made available to any neighborhood-based nonprofit organizations. Amends the Housing Act of 1964 to authorize appropriations for rehabilitation loans and to limit the amount of commitments to make such loans for FY 1983. Requires that at least 60 percent of the funds available for rehabilitation loans after FY 1982 be used for loans for one to four-family dwellings. Amends the Neighborhood Reinvestment Corporation Act to authorize appropriations for the Corporation for FY 1983.  Directs the Corporation to use a specified amount of such appropriations to conduct a mutual housing demonstration program emphasizing housing rehabilitation. Title II: Assisted Housing - Amends the United States Housing Act of 1937 to: (1) increase, on October 1, 1982, the maximum amount of annual contributions which the Secretary may make to public housing agencies for low-income housing projects; (2) limit the amount which may be obligated over the duration of contribution contracts with respect to additional authority provided on October 1, 1982; (3) earmark a specified amount of such additional authority for public housing modernization assistance; and (4) provide a new formula for allocating such additional authority for low-income housing assistance. Authorizes appropriations for public housing operating assistance for FY 1983. Declares that income limits for occupancy and rent in public housing shall be fixed by the public housing agency and approved by the Secretary. Reduces a tenant's rent contribution for federally-assisted housing from 30 to 25 percent of the tenant's monthly adjusted income. Excludes from a tenant's income: (1) the value of food stamps received; (2) $400 for each family member who is under 18 years of age, over 18 and disabled or handicapped, or elderly; (3) medical expenses exceeding three percent of family income; and (4) child care expenses necessary for the employment of a family member. Permits a public housing agency to use budget authority authorized for the acquisition and development of a lower income project with respect to any fiscal year prior to FY 1983 for operating and improvement assistance. Directs the Secretary to consider the effects of interest rates (up to 14 percent) on development costs when determining the fair market rental of newly constructed or substantially rehabilitated units of public housing projects for which contract authority was reserved in FY 1982 or before. Establishes as the fair market rental for existing public housing projects the median rent paid for comparable units by tenants who moved into the area within the most recent two year period for which data is available.  Requires the maximum monthly rent to be reasonable compared with unassisted units.  Prohibits the rent for an assisted unit from exceeding the rent charged for comparable unassisted units in a project. Directs the Secretary to offer to renew any assistance contract with a public housing authority for five year periods in order to extend the total period of assistance to 15 years if the authority has carried out the terms of the contract. Requires the Secretary to reduce the operating subsidies to lower income housing projects on a pro rata basis in any fiscal year in which the funds appropriated are less than the amount needed to make assistance payments according to the Secretary's standards.  Authorizes the Secretary to develop an alternative distribution method through rulemaking procedures. Requires the Secretary to pay a public housing agency 100 percent of the amount by which its actual annual utility expenses exceed its estimated expenses because of increased utility rates, and 50 percent of its excess utility expenses resulting from increased utility consumption. Repeals provisions of the Omnibus Budget Reconciliation Act of 1981 that restrict the percentage of public housing units available to lower income families other than very low-income families. Requires at least 30 percent of the families assisted under the program providing rent subsidies to owners of lower income housing projects to be very low-income families. Directs the Secretary to take specified steps to encourage improved management procedures for public housing. Establishes conditions governing the demolition, sale, or disposal of public housing projects. Amends the Housing and Community Development Amendments of 1978 to authorize appropriations for operating assistance for troubled multifamily housing projects for FY 1983. Amends the National Housing Act to extend for one year the period during which the Secretary may utilize amounts in the Rural Housing Assistance Fund for such operating assistance. Amends the Housing Act of 1959 to limit the maximum interest rate on HUD loans for housing projects for the elderly and handicapped to 9.25 percent annually.  Increases the Treasury borrowing authority of the Secretary to finance such loans for FY 1983.  Limits the Secretary's lending authority for FY 1983. Permits 25 percent of the units of a project financed with such a loan to be efficiencies.  Authorizes the Secretary to require the sponsor of such a project to deposit up to $10,000 in an escrow account to assure the sponsor's commitment and management capabilities. Directs the Secretary to consider design features for the elderly and handicapped when establishing project unit cost limitations. Amends the Federal National Mortgage Association Charter Act to increase on October 1, 1982, the total amount of home mortgages the Government National Mortgage Association  (GNMA) may purchase and to limit the aggregate principal amount of mortgages that the GNMA may enter into commitments to purchase during FY 1983. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for contracts for congregate housing services programs for FY 1983. Amends the United States Housing Act of 1937 to direct the Secretary to allow lower-income housing assistance provided under the existing housing and moderate rehabilitation programs to be used for shared housing for the elderly. Amends the Housing and Community Development Amendments of 1978 to permit a public housing agency to retain: (1) the greater of its legal expenses in obtaining a judgment or 50 percent of the amount of a judgment obtained in recovering amounts wrongfully paid as a result of fraud or abuse in any housing program (currently one specific program) under the United States Housing Act of of 1937; and (2) 50 percent of wrongfully paid amounts recovered by means other than court actions. Provides for the use of recaptured Rent Supplement Funds for development assistance for public housing. Amends the United States Housing Act of 1937 to prohibit the Secretary from imposing a percentage or other arbitrary ceiling on rent or cost increases on certain federally-assisted lower income housing projects. Amends the Housing and Urban Development Act of 1965 to direct the Secretary to utilize authority available as a result of converting rental assistance payment contracts under the National Housing Act to rent subsidy contracts under the United States Housing Act of 1937 to:  (1) amend such rental assistance payment contracts to provide rent increases; and (2) to the extent of remaining authority, to convert rent supplement contracts for projects financed by State or local loans, loan insurance, or tax abatements to rental assistance payment contracts. Requires the Secretary to conduct a demonstration project under which the Secretary shall make grants to at least 20 local governments on the basis of applications setting forth administrative plans for government activities designed to:  (1) require or encourage owners of rental housing occupied by lower income families to bring such housing into compliance with local housing codes; (2) provide technical and financial assistance to assist such owners to make cost-effective improvements in such housing; (3) work with the State to establish a schedule of local shelter allowances for recipients of assistance under title IV (Aid and Services to Needy Families with Children) of the Social Security Act based on building quality; and (4) coordinate local housing inspection, housing rehabilitation loan or grant assistance, rental assistance, and social service programs for the purpose of improving the quality and affordability of housing for lower income families. Permits the Secretary to make grants to States to provide technical assistance to local governments carrying out such administrative plans.  Requires grant recipients to agree to:  (1) contribute an amount equal to 15 percent of the grant amount; and (2) permit the Secretary and the General Accounting Office to audit its books.  Requires the Secretary, by March 1, 1984, to transmit to Congress a report concerning such project, along with any legislative recommendations.  Authorizes appropriations for FY 1983 for conducting such project. Title III: Housing Production Programs - Part A: Single-Family Housing Production Program - Single-Family Housing Production Act of 1982 - Directs the Secretary to enter into contracts to make periodic assistance payments to mortgages and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income. Terminates such authority of the Secretary on September 30, 1983.  Directs the Secretary to give priority to:  (1) assisting persons who have not owned a home within the last three years; and mortgages secured by dwellings constructed by homebuilders whose credit is restricted by the small size of their homebuilding operations. Sets ceilings for:  (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisifies requirements for creditworthiness and who is: (1) under a mortgage which is eligible for assistance under this Act; or (2) the original owner of a new, federally-insured, manufactured home. Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Provides for payments on behalf of such a homeowner only with respect to dwelling units purchased at the time the assistance contract is entered into and only during the time the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of: (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 105 percent of median area income); or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income).  Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income).   Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this part to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this part the requirements that a mortgage: (1) be secured by a newly constructed single-family dwelling or a recently rehabilitated cooperative or condominium unit that is part of a certified historic structure the rehabilitation of which qualifies for a tax credit; (2) involve a principal residence that meets conservation standards prescribed by the Secretary; (3) permit prepayment without penalty; (4) have a fixed rate of interest, and (5) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this part among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this part or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments. Amends the National Housing Act to provide the Secretary, on October 1, 1982, authority to enter into contracts to provide payments to assist low-income families in acquiring home ownership or membership in a cooperative housing project. Part B: Multifamily Housing Production Program - Rental Housing Production and Rehabilitation Act of 1982 - Directs the Secretary to provide financial assistance to State and local governments (including Indian tribes) to be used to stimulate the construction and rehabilitation of multifamily rental housing projects and housing for persons without other reasonable and affordable housing alternatives in the private market. Directs State and local governments which receive such assistance to provide such projects with capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project development and operating costs. Prohibits a State from providing such assistance to any project unless the local government of the project area approves the application for assistance for such project.  Allows a local government to apply directly to the Secretary for assistance. Prohibits a project from being assisted both directly and by the Federal Government through a State agency under this Act. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance.  Requires the amount of assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Requires the owner of an assisted project to agree that for the first 20 years of the project: (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of their receipt of or eligibility for Federal, State, or local housing assistance; and (4) units will not be converted to condominium ownership or a form of cooperative ownership not eligible for assistance.  Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Requires rent charges for project units for low-income tenants to be approved by the Secretary. Limits such charges to 30 percent of the tenants adjusted income.  Requires 30 days written notice to tenants of rent increases. Declares obligations issued by a State or local housing agency to finance a project assisted under this part to be tax-exempt.  Authorizes FHA insurance for an assisted project meeting FHA standards. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983. Part C: Demonstration Program for Emergency Housing - Directs the Secretary to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing.  Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing.  Directs the Secretary to report to Congress on such program. Earmarks a specified amount of the appropriations provided for the Multi-family Housing Production Program under part B for such demonstration program. Title IV: Rural Housing - Amends the Housing Act of 1949 to authorize appropriations for FY 1983 to the Secretary of Agriculture: (1) to insure and guarantee loans for rural housing, with certain restrictions; (2) to make loans and grants for improvements of rural housing; (3) to provide financial loans and assistance for the provision of low-rent housing for domestic farm labor; (4) to make grants or contracts for the development of programs to assist low-income persons in benefiting from housing programs in rural areas; (5) for programs of mutual and self-help in rural areas; and (6) for the Self-Help Housing Land Development Fund. Requires the Secretary of Agriculture to process requests for insured and guaranteed loans, interest credits, and rental assistance payments in a manner providing for a preliminary reservation of assistance at the time of initial approval of a project. Extends the authority of the Secretary of Agriculture to: (1) insure loans to provide rental housing for persons of moderate income; (2) insure loans for housing and buildings on adequate farms; and (3) make assistance payments to owners of low-income rental housing projects, with a specified amount of FY 1983 assistance earmarked for domestic farm labor and elderly or handicapped persons who are tenants of newly constructed or substantially rehabilitated housing.  Eliminates use of the Rural Housing Fund for specified rural housing programs. Revises the maximum rental charge for certain assisted rural housing to the highest of: (1) 25 percent of the family's monthly adjusted income; (2) ten percent of the family's monthly income; or (3) the portion of the family's welfare payment designated for housing costs. Provides that interest credits for low- or moderate-income persons who receive rural housing mortgage loans may not exceed the lesser of: (1) the person's mortgage payments after applying 20 percent of his or her adjusted income; or (2) the person's mortgage payments exceeding what those payments would be if the mortgage were to bear one percent interest. Directs the Secretary of Agriculture, when determining whether to provide housing assistance to domestic farm laborers in an area, to consider the housing needs for only those persons. Requires the Secretary of Agriculture to give priority to providing rural housing assistance to applicants with the greatest housing assistance needs because of their low income and inadequate dwellings.  Authorizes the Secretary of Agriculture to provide rental housing assistance for elderly persons living under a shared housing arrangement in a single-family dwelling. Title V: Program Amendments and Extensions - Amends the National Housing Act to extend the authority of the Secretary to insure loans for mortgages and home improvement, and to establish the maximum interest rates for certain mortgage insurance programs. Amends the Emergency Home Purchase Assistance Act of 1974 to extend the authority of the Secretary to direct the Government National Mortgage Association to purchase mortgages and securities. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research for the Department of Housing and Urban Development in fiscal year 1983. Amends the National Housing Act to increase the amount of funds authorized to be appropriated to cover losses sustained by the General Insurance Fund. Amends the Federal National Mortgage Association Charter Act to extend the authority of the GNMA to guarantee mortgage-backed securities issued by the Federal National Mortgage Association (FNMA), subject to the absence of qualified requests. Amends the Energy Conservation in Existing Buildings Act of 1976 to earmark for the weatherization program for FY 1983 a specified amount of the funds authorized to be appropriated for energy conservation under the Omnibus Budget Reconciliation Act of 1981. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program until September 30, 1984, and to authorize appropriations for various insurance studies during FY 1983. Amends the National Housing Act to extend the Secretary's authority: (1) to carry out the Federal riot insurance program and the Federal crime insurance program until September 30, 1984; and (2) to continue riot and crime insurance policies written prior to such date until September 30, 1987. Amends the Housing and Urban Development Act of 1968 to authorize appropriations for FY 1983 for counseling and technical assistance programs for low-and moderate-income families with respect to housing. Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to require the limitation on the maximum principal obligation of a conventional mortgage in which the FNMA or the Federal Home Loan Mortgage Corporation may purchase a participating interest to be calculated with respect to the total principal obligation of the mortgage. Authorizes such corporations, until October 1, 1984, to purchase mortgages secured by a second- lien against a one-to four-family dwelling.  Specifies limitations on the maximum principal obligation of the mortgages. Amends the National Housing Act to: (1) qualify a unit in a cooperative housing project for FHA mortgage insurance if construction of the project was completed more than a year prior to the application for such insurance; and (2) eliminate the requirement that the cooperative housing project be nonprofit. Authorizes the Secretary to insure: (1) the loan on an existing manufactured home if such home was constructed according to the standards issued under the National Manufactured Housing Construction and Safety Standards Act of 1974 and it meets minimum property standards for FHA insurance for existing homes; (2) the loan on a newly constructed manufactured home which meets FHA standards for newly constructed homes at the full amount permitted for newly constructed homes in the area; and (3) the loan on a newly constructed manufactured home which does not meet such FHA standards at 80 percent of the full amount permitted for newly constructed homes (100 percent in areas of high-cost developed land) if such manufactured home meets certain construction, energy conservation set-up, and attachment standards. Requires the Secretary to provide homeownership counseling to persons  receiving temporary mortgage assistance payments to avoid foreclosure. (Currently, the Secretary is directed to provide such counseling to the extent practicable.) Requires the Secretary to submit to Congress a report which describes: (1) HUD standards for determining whether program requirements and changes are implemented through regulations, memoranda, or other forms of notice; and (2) the system used to assure that program changes affecting the eligibility, rights, or benefits of applicants for or recipients of program assistance are subject to notice and publication requirements of the Administrative Procedure Act. Amends the Real Estate Settlement Procedures Act of 1974 to exempt a controlled business arrangement under which a person who has an ownership interest in a provider of settlement services refers real estate business involving a federally related mortgage to that provider from the prohibition against kickbacks for referrals of such business if: (1) such ownership interest is disclosed; (2) no unreasonable restrictions are imposed on the buyer's or seller's selection of the service provider; and (3) the only thing of value received under such arrangement is the return on such ownership interest. Declares that an agreement which requires a buyer or seller to pay for the services of an attorney, credit reporting agency, and real estate appraiser which are chosen by the lender to represent the lender's interest shall not be considered an unreasonable restriction. Limits the yearly number of transactions involving a controlled business relationship that a title company, private mortgage insurance company, or escrow services company may participate in during a year to 20 percent of all transactions of such company.  Exempts from such limitation: (1) a bar-related title insurance company; (2) a transaction involving real estate in a county with a population of 25,000 or less; or (3) a controlled business arrangement where the ownership interest involved accounts for one percent or less of a corporation's outstanding stock, the majority of which is publicly owned. Eliminates the criminal penalty for violations of the prohibitions on referral of real estate business involving a federally related mortgage. Establishes the right of a competitor injured by a violation of such prohibitions to sue for treble damages.  Permits the Secretary, the attorney general of any State, or any competitor to bring an action to enjoin such prohibited conduct. Sets a three year statute of limitations for a suit brought by the Secretary or an attorney general. Authorizes the Secretary to conduct investigations and issue subpoenas necessary to enforce such Act. Amends the National Housing Act to increase the maximum amount of a mortgage on a newly constructed condominium which is eligible for FHA insurance. Makes public hospitals eligible for FHA insurance. Makes FHA insurance programs available for property located in American Samoa. Authorizes the Secretary to insure mortgages and loans with monthly payments and outstanding balances adjusted by a percentage change in a selected price index.  Directs the Secretary to give a priority to insuring such mortgages executed by mortgagors who have not owned dwelling units within the preceding three years.  Requires the Secretary to conduct a demonstration program for insuring such loans and mortgages during FY 1983. Title VI: Emergency Mortgage Relief - Homeowners' Emergency Relief Act of 1982 - Amends the Emergency Housing Act of 1965 to direct the Secretary to make emergency mortgage relief payments to mortgages on behalf of certain delinquent mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board.  Provides for the discontinuation and reinstitution of such assistance program depending on such delinquency rate condition. Lists the conditions for assistance eligibility, which include requirements that: (1) the mortgage is not federally insured under the National Housing Act; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which render the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistance is necessary to avoid foreclosure and that it is likely that the mortgagor will be able to resume full mortgage payments within 36 months, commence repaying such assistance at a designated time, and pay the mortgage in full by its maturity date. Limits: (1) the amount of mortgage assistance payments to an amount necessary to supplement the amount of the mortgagor contributions; and (2) the length of such payments to 18 months plus any period of default, with an 18-month extension authorized.  Directs the Secretary to establish procedures for the periodic review of the mortgagor's financial circumstances to determine whether such payments should be terminated or adjusted. Declares that all assistance payments shall be secured by a lien on the property and repayable on terms prescribed by the Secretary.  Sets forth the authority of the Secretary to recapture such assistance. States that a previously assisted mortgagor shall be eligible for renewed assistance only if such mortgagor has made full mortgage payments for at least 12 months after the previous assistance was terminated. Directs the Secretary to: (1) provide homeownership counseling to persons assisted under this title; and (2) approve or disapprove an application for assistance within 45 days. Limits the aggregate amount of assistance the Secretary is authorized to provide over the duration of assistance contracts.  Prohibits the Secretary from entering such contracts after September 30, 1983. Requires the Secretary and specified agencies to waive or relax limitations pertaining to the operations of certain mortgagees and financial institutions with respect to  mortgage delinquencies in order to encourage forebearance in residential mortgage loan foreclosure. Requires the Secretary to report to Congress every 60 days prior to October 1, 1983, on: (1) the rate of delinqencies and foreclosures in various housing markets; (2) the prospects of voluntary forebearance by mortgagees in such areas; (3) Government actions to encourage such forebearance and to provide assistance under this title; and (4) the default status of mortgages on multifamily properties with recommendations on curing and avoiding such defaults. Directs the Secretary to study and report on the use of alternative mortgage delinquency series under this title.",2024-02-06T19:38:08Z,
97-hr-6288,97,hr,6288,A bill to amend section 202 of the Housing Act of 1959 with respect to making loans under such section for innovative projects for the handicapped.,Housing and Community Development,1982-05-05,1982-05-17,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Pepper, Claude [D-FL-14]",FL,D,P000218,6,Amends the Housing Act of 1959 to direct the Secretary of Housing and Urban Development to give preference in making loans for housing for the handicapped to nonprofit sponsors who contract with qualified handicapped developers who design innovative projects that comply with local housing codes.,2024-02-06T19:38:08Z,
97-s-2483,97,s,2483,A bill to limit certain authorities under the National Housing Act.,Housing and Community Development,1982-05-04,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. Riegle, Donald W., Jr. [D-MI]",MI,D,R000249,2,Amends the National Housing Act to limit the aggregate amount of commitments to guarantee mortgage-backed securities issued by the Federal National Mortgage Association that the Government National Mortgage Association may enter into during FY 1983. Limits the aggregate principal amount of loans and mortgages that the Secretary of Housing and Urban Development may enter into commitments to insure during FY 1983. Directs the Secretary to notify Congress whenever the cumulative amount of either of such commitments for any quarter of the fiscal year exceeds the pro rata share of the fiscal year commitment authority.,2025-01-14T18:20:21Z,
97-hr-6246,97,hr,6246,"A bill to amend title V of the Housing Act of 1949 to extend certain rural housing programs, and for other purposes.",Housing and Community Development,1982-04-29,1982-05-17,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Wylie, Chalmers P. [R-OH-15]",OH,R,W000781,0,"Amends the Housing Act of 1949 to extend through FY 1983 and 1984 the authority of the Secretary of Agriculture to make and insure loans under the Farmers Home Administration's rural housing program.  Sets ceilings on the funds available for FY 1983 for:  (1) advances by the Secretary to farm owners to pay taxes, insurance, and other expenses with respect to their property; (2) insured loans for housing for domestic farm labor; and (3) loans to provide housing for low and moderate income persons. Authorizes appropriations for FY 1983 and 1984 for:  (1) loans and grants for repairs or improvements of rural dwellings; (2) payments from the Rural Housing Insurance Fund for expenses related to construction defects of new housing purchased with financial assistance under the rural housing program; (3) notes and obligations for making direct loans under such program; (4) financial assistance to provide low-rent housing for domestic farm labor; and (5) low-income housing assistance. Extends from September 30, 1982, to September 30, 1984, the Secretary's authority to insure loans:  (1) to provide rental or cooperative housing for elderly, handicapped, and moderate income persons in rural areas; and (2) for housing and buildings on adequate farms. Provides for a reduction in the rent subsidies the Secretary is required to provide to owners of multifamily housing projects in rural areas by increasing the portion of a tenant's income which the tenant may pay in rent from 25 to 30 percent.  Authorizes appropriations for FY 1983 and 1984 for such rent subsidy program.  Repeals restrictions on rent increases in housing projects receiving other forms of assistance under the rural housing program.",2024-02-06T19:38:08Z,
97-s-2456,97,s,2456,Multifamily Housing Rehabilitation Act of 1982,Housing and Community Development,1982-04-29,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. D'Amato, Alfonse [R-NY]",NY,R,D000018,0,"Multifamily Housing Rehabilitation Act of 1982 - Defines an ""eligible multifamily housing property"" as:  (1) a property located in a neighborhood in which at least 51 percent of the residents have an income not exceeding 80 percent of the median area income;  a neighborhood in which at least 35 percent of the residents have an income not exceeding 80 percent of the median area income and which is experiencing a trend toward low-income occupancy of available housing;  or an area designated as a Target Preservation Area, or a Neighborhood Strategy Area;  or (2) any property which is having a blighting influence on the neighborhood where it is located if, after rehabilitation, project rents would be affordable to low-and moderate- income families. Defines ""moderate rehabilitation"" as rehabilitation which:  (1) costs between $1,000 and $20,000;  (2) brings the property into compliance with local code requirements, or involves the repair of systems or appliances which would require repair within five years or which achieve cost or energy efficiency; and (3) involves cosmetic improvements or the repair or replacement of the plumbing, heating, elevator, electrical systems, windows, stairs, floors, walks, or roof. Authorizes the Secretary of Housing and Urban Development to make grants to State and local governments to provide moderate rehabilitation assistance to owners of eligible multifamily housing properties in localities which have low multifamily housing vacancy rates and which show housing deterioration. Limits the amount of such Federal assistance for a property to the amount of mortgage financing furnished for such property by financial institutions.  Limits the portion of the total development cost applicable to the acquisition and refinancing of an eligible property to the portion of such cost applied to rehabilitation. Lists the required contents of grant applications. Authorizes the Secretary to make housing assistance payments to owners of assisted properties on behalf of residents with incomes of not more than 80 percent of the median area income to avoid displacement and to maintain the resident's rental payments at not more than 30 percent of their income. Amends the National Housing Act to permit coinsurance on an eligible property within a Target Preservation Area to include provisions that:  (1) require insurance benefits to equal 90 percent of the mortgage and 90 percent of interest arrears;  (2) require the mortgagee to remit to the Secretary 90 percent of the mortgagee's net proceeds on the property;  (3) require the payment of benefits in cash;  and (4) allow the underwriter to reinsure ten percent of the mortgage with a private or State insurance company. Authorizes the Secretary to:  (1) include rehabilitation costs of up to $20,000 when insuring a mortgage for the purchase or refinancing of an eligible property;  (2) permit subordinated liens securing up to the full amount of mortgage financing provided by State or local governments;  and (3) pay insurance benefits in cash. Qualifies eligible properties under this Act for Federal Housing Administration insurance under provisions adopted for the Target Area Preservation Demonstration. Authorizes appropriations.",2025-08-29T19:51:34Z,
97-s-2453,97,s,2453,Rural Housing Block Grant Act of 1982,Housing and Community Development,1982-04-28,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. Schmitt, Harrison H. [R-NM]",NM,R,S000132,0,"Title I:  Amendments to Title V of the Housing Act of 1949 - Revises the authority of the Secretary of Agriculture to provide aid for rural housing through the Farmers Home Administration.  Eliminates the Secretary's authority to provide grants or direct financial assistance other than loans or loan insurance under rural housing programs. Eliminates provisions limiting the interest rate on and certain amounts of rural housing loans.  Requires rural housing loans to bear the rate of interest prevailing in the private market for similar loans. Repeals provisions which:  (1) authorize loans for housing and buildings on potentially adequate farms on the same terms as loans may be authorized to adequate farms;  (2) authorize the Secretary to cancel interest due on a loan in cases of extreme hardship;  (3) authorize the Secretary to issue obligations for the purpose of making direct loans for farm housing; (4) authorize FY 1982 appropriations and terminate the Secretary's loan authority for the mutual and self-help housing program; (5) prohibit rent increases in certain rural housing projects in which tenant's are paying in excess of 25 percent of their incomes for rent; and (6) govern the application of rural housing programs for mobile homes. Authorizes rural housing loans for manufactured housing which:  (1) meets standards under the Housing and Community Development Act;  (2) is financed with a loan on terms which would apply under the National Housing Act;  and (3) meets the Secretary's prescribed terms in case of manufactured housing not treated as real estate under State law. Provides that activities for repairs or improvements of rural dwellings may be financed with rural housing loans if the activities bring the property into compliance with applicable local codes. Requires property standards for new construction of rural housing to be the same as the Minimum Property Standards prescribed by the Secretary. Directs the Secretary:  (1) to establish, from amounts made available to the Rural Housing Insurance Fund, a reserve against loan losses sustained by the Fund; and (2) to report to Congress annually concerning the Fund. Authorizes the Secretary to make and insure loans for condominium housing in rural areas.  (Currently the Secretary is authorized, in his or her discretion, to make and insure such loans.) Limits the aggregate amount of rural housing loans the Secretary may insure or guarantee for all programs and for specific programs. Authorizes appropriations as may be necessary to meet payments on notes or other obligations issued for farm housing loans equal to: (1) the aggregate of contributions made in the form of credits on principal due on loans made pursuant to loans for housing and buildings on potentially adequate farms;  and (2) the interest due on a similar sum represented by notes or other obligations issued by the Secretary. Authorizes appropriations as may be required to administer provisions of the National Housing Act and the United States Housing Act of 1937 relating to lower income housing assistance. Extends for one year the Secretary's authority to insure loans for rural housing for the elderly or handicapped. Title II:  Rural Housing Block Grants - Rural Housing Block Grant Act of 1982 - Authorizes the Secretary of Agriculture to make block grants to States to promote the provision of safe and sanitary housing for residents of rural areas, particularly for those low-income residents of areas having populations of 2,500 or less.  Authorizes appropriations for such grants for FY 1983, 1984, and 1985. Requires each State to prepare a statement of housing objectives and projected use of funds prior to receipt of a grant.  Requires the statement to take into account the needs and conditions of existing housing for low-income Indians living on trust lands. Permits a grant to a State only if the State certifies that:  (1) it has permitted the required public examination and appraisal of its statement;  (2) the projected use of funds will improve housing condition for the maximum feasible number of low-income families;  and (3) the grant will be administered in conformity with applicable laws and this Act (the Rural Housing Block Grant Act of 1982). Requires each State to submit to the Secretary a performance report concerning the use of the funds.  Requires the Secretary, at least annually, to review and audit a State's activities.  Permits the General Accounting Office to audit the financial transactions of recipients of funds under this Act to the extent that the transactions relate to such funds. Provides that activities assisted under this Act may include:  (1) rehabilitation of existing homes for occupancy by low-income residents; (2) the acquisition and rehabilitation of existing buildings for low-income housing by both public and private entities;  (3) financing the construction and purchase of modest homes for low-income persons;  (4) provision of multifamily housing where there is a demonstrated need for low-income rental housing or farmworker housing;  (5) provision of rental assistance for low income persons not otherwise served by an existing rental assistance program;  and (6) the disposition of any real property acquired pursuant to this Act. Sets forth a formula to be used by the Secretary in determining the amount to be allocated to each State, which takes into account the population, poverty, and substandard housing in rural areas of each State. Requires a State to pay from its own resources: (1) at least ten percent of the amount of Federal funds allocated to such State for rural housing activities during any three-year funding cycle;  and (2) all administrative expenses, which shall separately be appropriated for such purpose, incurred by the State in carrying out its responsibilities under this Act (except that from the amounts received for distribution in rural areas, the State may deduct up to 50 percent of the costs it incurred in carrying out such responsibilities).  Limits amounts so deducted to a maximum of two percent of the amount received. Directs the Secretary to allocate a State's determined amount of funds to the Farmers Home Administration office for the State for distribution in accordance with this Act where: (1) the State has elected, in such manner and before such time as the Secretary may prescribe, not to distribute such amounts;  or (2) the State has failed to submit the required certifications. Sets forth provisions prohibiting discrimination on the basis of race, color, national origin, or sex under any program funded by this Act. Directs the Secretary upon finding that a recipient of assistance has failed to comply substantially with any provision of this Act to terminate, reduce, or limit the availability of payments.  Permits a recipient to file a petition for review of the Secretary's action in the appropriate United States Court of Appeals.  Authorizes the Secretary in lieu of, or in addition to, any action which the Secretary initiates, to refer the matter to the Attorney General with a recommendation that a civil action be instituted. Directs the Secretary to report to Congress annually concerning this Act. Gives congressional consent to States to enter into agreements for cooperative efforts and mutual assistance in support of housing planning and programs carried out under this Act as they pertain to interstate areas. Title III:  Congressional Review of Rural Housing Rulemaking - Requires the Secretary to transmit to specified rural housing committees all final congressional rules, with specified exceptions (including emergency rules). Prohibits such rules from taking effect if:  (1) within 45 days after Congress receives a rule, either committee reports or is discharged from considering a concurrent resolution disapproving such rule;  (2) within 30 days after such a resolution is reported or discharged, either House adopts it;  and (3) within 30 days after one House adopts such resolution, the other House adopts it.  Sets forth House and Senate procedures for consideration of such resolutions.",2025-08-29T19:51:40Z,
97-hr-6171,97,hr,6171,Uniform Relocation Assistance and Real Property Acquisition Policies Act Amendments of 1982,Housing and Community Development,1982-04-27,1982-05-10,Referred to Subcommittee on Surface Transportation.,House,"Rep. Howard, James J. [D-NJ-3]",NJ,D,H000840,1,"Uniform Relocation Assistance and Real Property Acquisition Policies Act Amendments of 1982 - Title I:  General Provisions - Amends the Uniform Relocation Assistance and Real Property Acquisition Policies Act to expand the definition of the term ""State agency"" for purposes of such Act to include any entity having eminent domain authority under State law, except public utilities, unless specifically exempted from such Act. Revises the definition of ""Federal assistance"" to provide that a person shall be considered displaced as a result of a project undertaken with Federal assistance only where the Federal Government has direct control over the project site or approval decisions. Revises the definition of ""displaced person"" to provide that persons displaced as a direct result of Federal or federally assisted rehabilitation or demolition projects shall be entitled to moving expenses and relocation advisory services under such Act. Title II:  Uniform Relocation Assistance - Requires the payment to displaced persons of actual expenses not exceeding $10,000 necessary to reestablish a displaced business at its new site. Removes the limitation on the moving expense allowance and the fixed amount of the dislocation allowance that a person displaced from a dwelling may elect to receive in lieu of itemized expenses. Declares that such allowances shall be determined according to a schedule established by a lead agency designated by the President. Increases the maximum and decreases the minimum limitations on the payment a person displaced from a business or farm operation may elect to receive in lieu of itemized deductions.  Declares that such amount shall be determined according to criteria established by the lead agency. (Currently, such amount is based on the annual earnings of the farm or business.) Excludes from entitlement to such payment a displaced person whose sole business was the rental of the real property. Revises the method of computing the payment to a displaced homeowner for increased mortgage costs with respect to a suitable (currently comparable) replacement dwelling.  Requires payment of an amount that would reduce the principal and interest on the replacement dwelling to the same level as the payments on the displaced dwelling. Authorizes a displacing agency to extend the one-year period following payment for an acquired home during which the displaced person must purchase and occupy a replacement dwelling in order to qualify for housing replacement payments, but limits such payments to the costs of relocating such person within that one-year period. Decreases the ceiling (currently $4,000) on the amount of rental housing replacement assistance provided to displaced tenants to the lesser of:  (1) $3,000;  or (2) 24 times the difference between the monthly cost of suitable replacement housing and 30 percent of the tenant's monthly income. Permits eligible displaced tenants to elect to:  (1) receive Federal, State, or local low- income housing assistance in lieu of such rental housing replacement assistance;  or (2) apply such rental assistance toward the downpayment on a suitable replacement dwelling. Declares that displaced homeowners who meet the residency requirement for rental housing replacement assistance but not for homeowner's housing replacement assistance shall qualify for rental assistance. Permits a displacing agency, with the consent of the displaced person, to waive the requirement that suitable replacement housing be decent, safe, and sanitary, under unique circumstances. Prohibits the payment of rental housing replacement assistance to any person who:  (1) occupied the displacement dwelling principally to obtain such assistance; or (2) has received such assistance during the two preceding years. Directs the Secretary of Housing and Urban Development to assign priority to displaced persons for assistance under public housing programs.  Directs the Small Business Administration and other Federal agencies to provide technical assistance to such persons in applying for other assistance programs. Requires that all relocation assistance advisory programs:  (1) provide information on suitable locations for displaced farming operations;  and (2) assure that no person is required to move before being given a reasonable choice of suitable replacement dwellings. Provides for the designation of a single, cognizant Federal agency to establish procedures to be used by a non-Federal displacing agency to implement related activities funded by two or more Federal agencies. Permits States to enact equitable standards to implement provisions authorizing a displacing agency to use project funds to provide dwellings for displaced persons if such project would be delayed because suitable replacement housing is not available otherwise.  Directs the head of the lead agency to certify such standards or, in the absence of such standards, to provide that assistance for replacement housing may exceed payment ceilings only on a case by case basis. Authorizes a displacing agency to provide replacement housing for persons eligible for low-income housing assistance through a Federal low-income housing assistance program. Provides that any payment a displaced person receives under State law shall replace a housing replacement or real property acquisition payment for substantially the same purpose under the Uniform Relocation Assistance and Real Property Acquisition Policies Act. Directs a displacing agency to:  (1) use government or private entities to carry out any relocation assistance services under such Act; and (2) incorporate competition among private alternative service providers. Requires the President to designate a lead agency which shall:  (1) promulgate rules to carry out such Act;  (2) coordinate relocation assistance activities with Federal and federally-financed low-income housing programs;  (3) monitor the implementation of such Act; and (4) report any major problems under such Act to Congress. Requires a State agency to pay the United States all net amounts (currently all amounts) received from the sale of surplus Federal property transferred to the agency for the purpose of providing replacement housing. Repeals the authority of any displacing agency to make loans to various organizations for planning and obtaining federally insured mortgage financing for housing for displaced persons. Title III:  Uniform Real Property Acquisition Policy - Authorizes a displacing agency acquiring real property to forego an appraisal of donated property or property voluntarily for sale for $700 or less if the seller agrees.  Requires that the owner, at his or her election, be provided with a written justification of the amount determined to be just compensation. Permits a displaced person to donate the real property being acquired or any of the compensation paid for such property to the displacing agency. Prohibits the preemption of any State law when a Federal agency directly acquires land within a State, except as required for national security or as provided by Congress. Title IV:  Effective Date - Sets forth the effective dates of specified provisions of this Act.",2025-08-29T19:49:47Z,
97-s-2444,97,s,2444,A bill to amend the National Housing Act.,Housing and Community Development,1982-04-27,1982-07-02,Committee on Banking requested executive comment from HUD.,Senate,"Sen. Dodd, Christopher J. [D-CT]",CT,D,D000388,0,"Amends the National Housing Act to prohibit the Secretary of Housing and Urban Development, during any period in which a multifamily rental housing project owner is required to obtain the Secretary's approval for prepayment of the mortgage, from accepting an offer to prepay the mortgage unless:  (1) there is no longer a need for rental housing for low-income housing in the area; (2) the tenants have been notified of the owner's request and have had an opportunity to comment; and (3) there are assurances that the owner will provide relocation assistance. Directs the Secretary to give priority for additional assistance under the United States Housing Act of 1937 and the Housing and Community Development Amendments of 1978 in the case of certain low-income housing projects and facilities for elderly or handicapped families assisted under the National Housing Act, the Housing and Urban Development Act of 1965, or the Housing Act of 1959 if:  (1) funds for additional assistance are available; and (2) such assistance is necessary to prevent prepayment of the mortgage.",2025-01-14T18:20:21Z,
97-hr-6160,97,hr,6160,Elderly and Handicapped Housing and Services Act of 1982,Housing and Community Development,1982-04-26,1982-05-03,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Roybal, Edward R. [D-CA-25]",CA,D,R000485,0,"Elderly and Handicapped Housing and Services Act of 1982 - Amends the Housing Act of 1959 to revise provisions relating to the program of loans to sponsors developing housing and related facilities projects for elderly or handicapped families. Deletes provisions authorizing such loan program assistance to limited profit sponsors, consumer cooperatives, or public bodies or agencies (thus permitting such loans only to private nonprofit corporations). Directs the Secretary of Housing and Urban Development to prohibit:  (1) the sale or other transfer of a project developed under such loan program to any organization or individual except a qualified nonprofit sponsor who agrees to maintain the low-income elderly or handicapped character of the project for at least the remaining term of the original loan;  and (2) the prepayment of any loan under such program in connection with such prohibited sales or transfers of assets. Directs the Secretary, in selecting projects for such loan program, to assure the inclusion of special design features and congregate space necessary to meet the special needs of elderly and handicapped residents.  Directs the Secretary to encourage the provision of small and scattered site group homes and independent living facilities for nonelderly handicapped persons and families. Permits up to 25 percent of the units in a project financed under such program to be efficiency units, subject to the Secretary's determination that such units are appropriate for the elderly or handicapped.  Authorizes the Secretary to require a sponsor of a housing project financed with a loan under such program to deposit an amount not to exceed $10,000 in a special escrow account to assure the sponsor's commitment and long-term management capabilities. Directs the Secretary, in establishing per unit cost limitations, to take into account design features necessary to meet the needs of elderly and handicapped residents. Directs the Secretary to assure that project sponsors may continue to utilize methods permitted on January 1, 1982, for the selection of contractors employed in the construction of such projects. Limits the interest rate on loans under such program to the lesser of nine percent per year or the average Federal borrowing rate as determined by the Secretary considering specified factors. Provides that the aggregate amount of obligations the Secretary may issue to the Secretary of the Treasury to finance such loan program shall be increased to specified amounts on October 1, 1982, October 1, 1983, and October 1, 1984. Amends the United States Housing Act of 1937 to require that the greater of the amount of income derived from a family's net assets or ten percent of the value of such assets be included in that family's income for purposes of determining whether that family is eligible for assistance under the low-income housing rent subsidy program. Requires that, in computing annual income to determine tenant contribution toward rent, there be deducted from total income:  (1) $300 for each minor; (2) medical expenses exceeding three percent of annual income;  and (3) unusual expenses, including the cost of care for minor, disabled, or handicapped household members when such care is necessary to enable a family member to be employed and only up to the amount of income from such employment. Amends the Housing and Community Development Act of 1974 to direct the Secretary, at the time of the original approval of a project authorized under the loan program for sponsors of housing for low-income aged and handicapped under the Housing Act of 1959, to reserve funds for rent subsidies for such project under the Housing Act of 1937. Requires that such reservation of funds:  (1) be in amounts equal to the maximum permissible fair market rents for the units in such project; and (2) continue until the execution of the low-income housing assistance contract for such units in such project. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for FY 1983 through FY 1985 to carry out such Act (which provides for Federal aid to nutritional meals and personal assistance programs undertaken by public housing agencies or nonprofit corporations to help elderly, handicapped, or disabled residents of low-income housing avoid unnecessary institutionalization).",2025-08-29T19:49:47Z,
97-s-2404,97,s,2404,"A bill to amend section 202 of the Housing Act of 1959 to reauthorize the housing for the elderly and handicapped program, and for other purposes.",Housing and Community Development,1982-04-20,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. Heinz, John [R-PA]",PA,R,H000456,10,"Amends the Housing Act of 1959 to revise provisions relating to the program of loans to sponsors developing housing and related facilities projects for elderly or handicapped families. Deletes provisions authorizing such loan program assistance to limited profit sponsors, consumer cooperatives, or public bodies or agencies (thus permitting such loans only to private nonprofit corporations). Directs the Secretary of Housing and Urban Development to prohibit:  (1) the sale or other transfer of a project developed under such loan program to any organization or individual except a qualified nonprofit sponsor who agrees to maintain the low-income elderly or handicapped character of the project for at least the remaining term of the original loan;  and (2) the prepayment of any loan under such program in connection with such prohibited sales or transfers of assets. Directs the Secretary, in selecting projects for such loan program, to assure the inclusion of special design features and congregate space necessary to meet the special needs of elderly and handicapped residents.  Directs the Secretary to encourage the provision of small and scattered site group homes and independent living facilities for nonelderly handicapped persons and families. Permits up to 25 percent of the units in a project financed under such program to be efficiency units, subject to the Secretary's determination that such units are appropriate for the elderly or handicapped.  Authorizes the Secretary to require a sponsor of a housing project financed with a loan under such program to deposit an amount not to exceed $10,000 in a special escrow account to assure the sponsor's commitment and long-term management capabilities. Directs the Secretary, in establishing per unit cost limitations, to take into account design features necessary to meet the needs of elderly and handicapped residents. Directs the Secretary to assure that project sponsors may continue to utilize methods permitted on January 1, 1982, for the selection of contractors employed in the construction of such projects. Limits the interest rate on loans under such program to the lesser of nine percent per year or the average Federal borrowing rate as determined by the Secretary considering specified factors. Provides that the aggregate amount of obligations the Secretary may issue to the Secretary of the Treasury to finance such loan program shall be increased to specified amounts on October 1, 1982, October 1, 1983, and October 1, 1984. Amends the United States Housing Act of 1937 to require that the greater of the amount of income derived from a family's net assets or ten percent of the value of such assets be included in that family's income for purposes of determining whether the family is eligible for assistance under the low-income housing rent subsidy program. Requires that, in computing annual income to determine tenant contribution toward rent, there be deducted from total income:  (1) $300 for each minor;  (2) medical expenses exceeding three percent of annual income;  and (3) unusual expenses, including the cost of care for minor, disabled, or handicapped household members when such care is necessary to enable a family member to be employed and only up to the amount of income from such employment. Amends the Housing and Community Development Act of 1974 to direct the Secretary, at the time of the original approval of a project authorized under the loan program for sponsors of housing for low-income aged and handicapped under the Housing Act of 1959, to reserve funds for rent subsidies for such project under the Housing Act of 1937. Requires that such reservation of funds:  (1) be in amounts equal to the maximum permissible fair market rents for the units in such project; and (2) continue until the execution of the low-income housing assistance contract for such units in such project. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for FY 1983 through FY 1985 to carry out such Act (which provides for Federal aid to nutritional meals and personal assistance programs undertaken by public housing agencies or nonprofit corporations to help elderly, handicapped, or disabled residents of low-income housing avoid unnecessary institutionalization).",2025-01-14T18:20:21Z,
97-s-2361,97,s,2361,Housing and Community Development Amendments of 1982,Housing and Community Development,1982-04-13,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. Lugar, Richard G. [R-IN]",IN,R,L000504,1,"Housing and Community Development Amendments of 1982 - Title I:  Community and Neighborhood Development - Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Urban Development to:  (1) make rental rehabilitation grants to State and local governments for the rehabilitation of privately owned property for residential rental purposes; and (2) make available contract authority to assist very low-income tenants who are displaced by such rehabilitation activities, to minimize such displacement, and to assist other very low-income tenants in obtaining decent housing. Sets forth guidelines for the allocation of such grants and assistance (resources) among cities having a population of 50,000 or more, urban counties, and States. Requires the Secretary to conduct annual audits and reviews of the performance of resource recipients.  Permits the Secretary to adjust the amount of resources provided to recipients in accordance with the findings of such audits and reviews.  Prohibits any adjustments to recapture resources already expended. Authorizes the Secretary to limit the rental rehabilitation grant amounts an entity may receive in any fiscal year. Requires any assisted city, urban county, or State administering a rental rehabilitation program to provide for the public and the Secretary an annual statement on proposed rehabilitation activities. Lists requirements for rental rehabilitation programs assisted under this Act. Restricts the use of rehabilitation grants to structures that are to be used primarily for rental residential purposes in low- and moderate-income areas.  Limits the amount of rehabilitation assistance for a structure to 50 percent of the total rehabilitation costs of that structure. Prohibits assisted State and local governments from imposing rental requirements on assisted structures which differ from those applicable to structures rehabilitated without assistance.  Requires a borrower under such a program to be personally liable for repayment of any financing upon default. Provides for State administration of resources in areas outside a city or county receiving a direct allocation. Permits a State:  (1) to use allocated resources to conduct its own rehabilitation program; (2) to distribute such resources to local governments; or (3) in FY 1983, to elect to have the Secretary administer such resources. Authorizes the Secretary to establish relocation standards. Directs the Secretary to establish specified procedures governing rehabilitation involving historic structures. Exempts the awarding and use of resources under this Act from the National Environmental Policy Act and related provisions. Prohibits the Secretary from making rehabilitation grants unless the recipient provides satisfactory assurances that its program will be administered in conformity with specified civil rights requirements. Reduces the amount of appropriations authorized for the urban homesteading program for FY 1983.  Authorizes appropriations for such program for FY 1984. Provides for the payment of consideration by a State or local government to the Secretary and by an individual or family to such government for real property transferred under an urban homesteading program.  Requires such a government to remit to the Secretary 50 percent of any amount by which the consideration it receives for such property exceeds the consideration it paid for such property. Authorizes the Secretary to undertake a program to demonstrate the feasibility of using homesteading techniques to facilitate the reuse of multifamily properties owned by the Secretary for home ownership purposes.  Directs the Secretary to convey suitable properties to State and local governments for subsequent transfer to individuals under a cooperative or condominium form of ownership. Amends the Housing Act of 1964 to repeal provisions authorizing the Secretary to make rehabilitation loans. Amends the Housing and Urban Development Act of 1969 to repeal provisions authorizing the General Services Administration to transfer Federal surplus real property to the Secretary or the Secretary of Agriculture for sale or lease at fair value for use for low- and moderate-income housing.  Permits the transfer of property requested before enactment of this Act. Amends the Housing Act of 1949 to repeal provisions that prohibit an urban renewal plan from providing for the construction of transient housing, unless the community involved has obtained a transient housing study indicating a need for such housing. Amends the Housing and Urban Development Act of 1965 and the Housing Act of 1961 to repeal provisions requiring the Secretary's approval of the conversion of neighborhood facilities or open space land to uses not originally approved by the Secretary when awarding a grant for acquisitions of such facilities or land. Title II:  Housing Assistance Program - Repeals provisions of the Housing and Community Development Act of 1974 governing the allocation of housing assistance among different areas.  Repeals provisions of the Housing Act of 1937 governing the division of contract authority for housing assistance for new, existing, and substantially rehabilitated housing. Amends the Housing Act of 1937 to permit low-income housing assistance contracts providing assistance payments based on a payment standard used to determine the maximum monthly assistance payable for any family with respect to an existing unit selected by the family. Directs the Secretary to establish payment standards for various sizes and types of dwelling units in the market area at levels designed to assist the greatest possible number of families in securing decent, safe, and sanitary housing.  Directs the Secretary to publish payment standards in the Federal Register. Limits the monthly assistance payment for a family to the amount by which the payment standard exceeds 30 percent of the family monthly adjusted income at the time the family first receives such assistance provided that such monthly assistance payment is not greater than the amount by which the monthly rent for the unit exceeds the greater of:  (1) ten percent of the family's monthly income; or (2) the part of any welfare payment designated for the family's housing costs.  Restricts such assistance payments to very low-income families and families previously assisted under the Housing Act of 1937, with preference given to families which:  (1) occupy substandard housing; (2) are involuntarily displaced; or (3) pay more than 50 percent of their income for rent.  Permits the Secretary to disregard such preference and provide assistance to:  (1) eligible families occupying units in formerly assisted projects acquired by the Secretary; or (2) families in units to be rehabilitated. Terminates such assistance with respect to any vacant unit. Limits the duration of such assistance payments to five years. Requires the public housing agency to inspect the assisted unit at least annually to determine that it meets housing quality standards. Provides for low-income housing assistance based on a payment standard for families renting manufactured homes or spaces. Allows the Secretary to establish income ceilings higher or lower than 50 percent of the area median income when defining ""very low-income families"" for purposes of the housing assistance programs if such variations are necessary because of unusually high or low family incomes. Amends the Omnibus Budget Reconciliation Act of 1981 to:  (1) give the Secretary discretion to provide for delayed implementation of provisions of this Act providing for housing assistance based on payment standards; (2) extend the applicability of provisions providing for delayed implementation of rent increases under such Act to tenants occupying assisted housing on or before the effective date of this Act; and (3) prohibit annual rent increases of more than 20 percent (currently ten percent) for tenants of assisted housing as a result of provisions of such Act, based on the payment standards under this Act, or any other provisions of Federal law redefining which governmental benefits are to be considered as income. Amends the United States Housing Act of 1937 to authorize appropriations for FY 1983 and FY 1984 for annual contributions for the operation of lower income housing projects.  Revises the criteria for demolition of any public housing project to repeal the requirement for timely replacement of demolished units and to include requirements that:  (1) the project is obsolete and there is a feasible renovation program; or (2) the demolition of a part of the project will help assure its useful life. Amends the Omnibus Budget Reconciliation Act to repeal provisions authorizing the Secretary to enter into contracts for periodic payments to the Federal Financing Bank to offset the costs to the Bank of purchasing obligations issued by public housing agencies to finance public housing projects. Amends the Housing and Community Development Amendments of 1978 to require that a rental or cooperative housing project be covered by a federally-insured mortgage to be eligible for operating assistance  for troubled multifamily projects. Amends the National Housing Act to extend through September 30, 1984, the period during which amounts in the rental housing assistance fund may be approved for such operating assistance. Amends the Housing Act of 1959 to eliminate the requirement that a nonprofit corporation, to be eligible for loans for the provision of housing for the elderly and handicapped, have on its governing body members selected to represent the views of the community where such housing would be located. Title III:  Program Amendments and Extensions -- Amends the National Housing Act to extend for two years the Secretary's authority to  insure housing loans and mortgages under specified insurance programs contained in such Act.  Terminates the Secretary's authority to insure mortgages for nursing homes. intermediate care facilities, and hospitals after September 30, 1982, except pursuant to a commitment to insure made before that date.  Extends for one year the Secretary's authority to insure mortgages of mortgagors qualifying for home ownership assistance payments under such Act. Authorizes the appropriation of such funds as may be necessary to cover losses sustained by the General Insurance Fund. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research activities of the Department of Housing and Urban Development (HUD) for FY 1983 and FY 1984. Amends the National Housing Act to repeal the Secretary's authority to establish maximum interest rates on Federal Housing Administration (FHA) loans. Provides that housing mortgages or loans insured under programs that are extended beyond FY 1982, with specified exceptions, shall bear interest at such rate as may be agreed upon by the borrower and the lender.  (Currently, the Secretary sets or approves such interest rates within prescribed limits.) Continues the authority of the Secretary to set the maximum interest rate for insured mortgages of mortgagors receiving home ownership assistance payments. Authorizes the Secretary to agree to an extension of the term of an insured mortgage on property or land to be improved or developed, upon determining that unusual circumstances make such extension necessary to avoid undue hardship to the mortgagor. Permits maximum mortgage amounts eligible for FHA insurance to be increased by the amount of the mortgage insurance premium paid at the time a mortgage is insured.  Excludes such premium from the mortgage down payment required for such insurance. Increases the amount of the principal obligation of a mortgage executed by a non-occupant mortgagor which is eligible for FHA insurance. Declares that premium charges for FHA insurance of mortgages with alternative financing mechanisms are not required to be the same as premium charges for other FHA mortgages.  Eliminates the requirement that debentures issued by the Secretary in payment of insurance claims be redeemable at par plus accrued interest. Makes it discretionary (rather than mandatory) for the Secretary to regulate the rents and rate of return on HUD-insured housing projects and to provide such insurance primarily to projects providing for families with children. Permits the Secretary to insure mortgages of manufactured home parks designed exclusively for the elderly. Eliminates special limitations on the amount of a mortgage involving refinancing for rehabilitaion purposes which qualifies for FHA insurance. Authorizes the Secretary to direct mortgagees excercising their option to assign certain insured mortgages to the Secretary, to deliver the mortgages and original credit installments directly to the Government National Mortgage Association in lieu of the Secretary. Authorizes the Association to hold as service such loans as agent for the Secretary.  Eliminates the option of mortgagees to assign such insured mortgages to the Secretary with respect to a commitment to insure entered into on or after the effective date of this Act. Eliminates the requirement that a condominium meet one of the following conditions to qualify for FHA insurance:  (1) the project containing the condominium is or has been federally-insured; (2) there are less than 12 units in the project; or (3) if the project has 12 or more units, it is more than one year old. Repeals provisions limiting the amount of loans and mortgages the Secretary may insure on a coinsurance basis to 20 percent of the amount of all mortgages and loans insured by the Secretary. Extends for two years the Secretary's authority to insure graduated payment mortages.  Eliminates the requirements that a mortgagor must be unable to afford a dwelling under any other mortgage insurance program and must not have owned a dwelling within the previous three years in order to qualify for graduated payment mortgage insurance. Deletes restrictions on the number of graduated payment mortgages which may be insured during a year. Provides authority for the Secretary to insure graduated payment mortgages for housing projects consisting of five or more dwelling units. Authorizes the Secretary to insure a limited number of adjustable rate mortgages for dwellings designed for occupancy by one to four families (single-family homes). Permits annual interest rate adjustments of not to exceed one percent through adjustments in the monthly payment, the mortgage term, or a combination of both.  Prohibits:  (1) extending the mortgage term beyond 40 years; or (2) increasing the interest rate by more than five percentage points over the mortgage term. Directs the Secretary to require the mortgagee to provide information to the mortgagor describing the features and maximum possible payment schedule for an adjustable rate mortgage. Authorizes the Secretary to insure a specified number of shared appreciation mortgages for single-family homes and multifamily housing projects.  Requires the Secretary to establish the maximum interest rate which may be charged on such mortgages and the maximum percentage of the property's net appreciated value payable to a mortgagee upon sale or transfer of the property or payment in full of the mortgage.  Excludes a mortgagee's share of the net appreciated value from the mortgagee's insurance benefits in the event of a default.  Directs the Secretary to establish disclosure requirements applicable to mortgagees making shared appreciation mortgages.  Exempts such mortgages from State authority.  Requires a shared appreciation mortgage on a multifamily housing project to have a mortgage term of at least 15 years and to be repayble in monthly installments needed to retire the debt over 30 years. Authorizes the Secretary to insure certain housing loans which do not completely amortize over the loan term. Authorizes the Secretary to make expenditures to correct or provide compensation for structural defects in an FHA-insured single-family home for which a Veterans Administration loan guaranty was approved prior to construction. Requires payment to the Government of mortgage insurance premiums promptly:  (1) upon their receipt from the borrower with respect to mortgages on single-family homes; and (2) when due to the Secretary with respect to mortgages on multifamily housing projects. Authorizes the Secretary to insure the mortgage of a single-family home that is located on an Indian reservation and purchased by a member of an Indian tribe for his or her principal place of residence, notwithstanding any other limitations of the National Housing Act. Amends the Housing and Community Development Amendments of 1978 to eliminate certain restrictions on the management and disposal of multifamily housing projects owned by HUD. Authorizes the Secretary to provide assistance based on a payment standard to very low-income tenants of specified multifamily projects. Amends the Multifamily Mortgage Foreclosure Act of 1981 to repeal provisions authorizing or directing the Secretary to require the purchaser of a HUD-owned multifamily housing project at a foreclosure sale to continue to operate the project in accordance with the terms of the Act under which it was insured. Authorizes the Secretary to require an applicant for financial assistance or mortgage or loan insurance to: (1) include his or her social security number or employer identification number on designated forms; and (2) sign a form authorizing the Secretary to verify and audit information furnished by the applicant and authorizing other agencies and private sources to release information relevant to the applicant's eligibility or benefit level. Amends the Social Security Act to authorize State unemployment agencies to release to HUD and public housing agencies information concerning such applicant's wages and unemployment benefits.  Requires the entity responsible for determining eligibility for assistance or insurance to deny eligibility to any applicant who:  (1) has made false or misleading statements or concealed relevant facts; or (2) has violated the authorizing Act or regulations. Amends the Housing and Community Development Act of 1980 to prohibit the Secretary from providing financial assistance to aliens through a specified housing insurance program. Amends the Real Estate Settlement Procedures Act of 1974 to repeal provisions which:  (1) prohibit any person from receiving any kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage; (2) prohibit any seller of property to be purchased with the assistance of a federally related mortgage loan from requiring that the buyer purchase title insurance from a particular title company; (3) requiring the Secretary to conduct specified demonstration projects and to report to Congress on the need for further legislation governing real estate settlements; and (4) require that the borrower be permitted to examine the settlement form the day before settlement in a transaction involving a federally related mortgage.  Permits a lender, in connection with a federally related mortgage loan, to require a deposit into an escrow account if under existing escrow procedures there is a shortage of funds to pay taxes, insurance premiums, or other charges due. Amends the Housing and Urban Development Act of 1968 and the National Housing Act to repeal specified provisions authorizing housing counseling assistance to mortgagors.",2025-08-29T19:51:34Z,
97-s-2363,97,s,2363,Uniform Relocation Assistance and Real Property Acquisition Policies Act Amendments of 1982,Housing and Community Development,1982-04-13,1982-08-05,Passed Senate with an amendment by Voice Vote.,Senate,"Sen. Durenberger, Dave [R-MN]",MN,R,D000566,0,"(Measure passed Senate, amended) Title I:  General Provisions - Amends the Uniform Relocation Assistance and Real Property Acquisition Policies Act to expand the definition of the term ""State agency"" for purposes of such Act to include any entity having eminent domain authority under State law. Revises the definition of ""Federal assistance"" to exclude mortgage interest subsidies. Revises the definition of ""displaced person"" to provide that tenants permanently displaced as a direct result of Federal or federally assisted rehabilitation or demolition projects shall be entitled to moving expenses and relocation advisory services under such Act. Title II:  Uniform Relocation Assistance - Requires the payment to displaced persons of actual expenses, not exceeding $10,000, necessary to reestablish a displaced small business or nonprofit organization at its new site. Removes the limitation on the moving expense allowance and the fixed amount of the dislocation allowance that a person displaced from a dwelling may elect to receive in lieu of itemized expenses.  Declares that such allowances shall be determined according to a schedule established by a lead agency designated by the President. Increases the maximum and decreases the minimum limitations on the payment a person displaced from a business or farm operation may elect to receive in lieu of itemized deductions.  Declares that such amount shall be determined according to criteria established by the lead agency. (Currently, such amount is based on the annual earnings of the farm or business.) Excludes from entitlement to such payment a displaced person whose sole business was the rental of the real property. Revises the method of computing the payment to a displaced homeowner for increased mortgage costs with respect to a suitable (currently comparable) replacement dwelling.  Requires payment of an amount that would reduce the principal and interest on the replacement dwelling to the same level as the payments on the displaced dwelling. Provides for payment to a displaced homeowner of an amount, not to exceed $15,000, equal to the reasonable cost of a suitable, rather than comparable, replacement dwelling.  Eliminates current provisions for computing increased interest costs to be paid to a displaced homeowner. Authorizes a displacing agency to extend the one-year period, following payment for an acquired home, during which the displaced person must purchase and occupy a replacement dwelling in order to qualify for housing replacement payments, but limits such payments to the costs of relocating such person within that one-year period. Decreases the ceiling (currently $4,000) on the amount of rental housing replacement assistance provided to displaced tenants to the lesser of:  (1) $3,000; or (2) 24 times the difference between the monthly cost of suitable replacement housing and 25 percent of the tenant's monthly income. Permits eligible displaced tenants to elect to:  (1) receive Federal, State, or local low-income housing assistance in lieu of such rental housing replacement assistance; or (2) apply such rental assistance toward the downpayment on a suitable replacement dwelling.  Declares that displaced homeowners who meet the residency requirement for rental housing replacement assistance but not for homeowner's housing replacement assistance shall qualify for rental assistance. Prohibits the payment of rental housing replacement assistance to any person who occupied the displacement dwelling principally to obtain such assistance. Directs the Secretary of Housing and Urban Development to give to displaced persons priority for assistance under public housing programs.  Directs the Small Business Administration and other Federal agencies to provide technical assistance to such persons in applying for other assistance programs. Requires that all relocation assistance advisory programs:  (1) provide information on suitable locations for displaced farming operations;  and (2) assure that no person is required to move before being given a reasonable choice of suitable replacement dwellings. Provides for the designation of a single, cognizant Federal agency to establish procedures to be used by a non-Federal displacing agency to implement related activities funded by two or more Federal agencies. Directs the lead agency to require that provisions authorizing a displacing agency to use project funds to provide dwellings for displaced persons if the project would be delayed because suitable replacement housing is not otherwise available be used to exceed housing replacement assistance ceilings only on a case-by-case basis and for good cause.  Authorizes a displacing agency to provide replacement housing for persons eligible for low-income housing assistance through a Federal low-income housing assistance program. Provides that any payment a displaced person receives under State law shall replace a housing replacement or real property acquisition payment for substantially the same purpose under the Uniform Relocation Assistance and Real Property Acquisition Policies Act. Directs a displacing agency to:  (1) use government or private entities to carry out any relocation assistance services under such Act; and (2) incorporate competition among private alternative service providers.  Declares that provisions of the Uniform Relocation Assistance and Real Property Acquisition Policies Act relating to the definition of a displaced person and the categories and levels of relocation assistance shall not apply to a displacing agency, other than a Federal agency, in any State which adopts legislation that the lead agency certifies will accomplish the purpose and effect of such provisions. Allows the lead agency to rescind such certification upon determining that such State law is not being fully complied with and enforced. Directs the lead agency to report to Congress biennially on the compliance with and enforcement of such state laws. Requires the President to designate a lead agency which shall:  (1) promulgate rules to carry out such Act;  (2) coordinate relocation assistance activities with Federal and federally-financed low-income housing programs;  (3) monitor the implementation of such Act;  and (4) report any major problems under such Act to Congress. Directs the head of such lead agency, in coordination with other specified agencies, to transmit to Congress, within one year of the enactment of this Act, a comprehensive plan for the speedy and equitable settlement of condemnation cases pending before the Federal courts. Requires a State agency to pay the United States all net amounts (currently all amounts) received from the sale of surplus Federal property transferred to the agency for the purpose of providing replacement housing. Repeals the authority of any displacing agency to make loans to various organizations for planning and obtaining federally insured mortgage financing for housing for displaced persons. Title III:  Uniform Real Property Acquisition Policy - Authorizes an agency acquiring real property to forego an appraisal of donated property, or property voluntarily for sale for $700, or a greater amount specified by the lead agency, if the seller agrees.  Requires that the owner, at his or her election, be provided with a written justification of the amount determined to be just compensation. Permits a displaced person to donate the real property being acquired or any of the compensation paid for such property to the acquiring agency. Prohibits a Federal agency from approving any acquisition of real property involving Federal financial assistance unless the acquiring agency assures that:  (1) it will be guided, to the greatest extent possible under State law, by the land acquisition policies of the Uniform Relocation Assistance and Real Property Acquisition Policies Act;  and (2) property owners will be paid for necessary expenses as provided in such Act. Exempts from the land acquisition provisions of such Act an acquiring agency in any State which adopts legislation that the lead agency certifies will accomplish the same purposes.  Provides for the rescission of such certification. Title IV:  Effective Date - Sets forth the effective dates of specified provisions of this Act.",2025-08-29T19:51:35Z,
97-hr-6102,97,hr,6102,A bill to authorize the Secretary of Housing and Urban Development to encourage States and units of general local government to upgrade housing for certain lower income families.,Housing and Community Development,1982-04-06,1982-04-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. McKinney, Stewart B. [R-CT-4]",CT,R,M000527,0,Directs the Secretary of Housing and Urban Development to establish a demonstration project under which the Secretary will make grants to at least 20 State and local governments to:  (1) upgrade lower income housing; and (2) coordinate efforts of the Department of Health and Human Services (HHS) and the Department of Housing and Urban Development to provide lower income housing. Directs governments applying for such grants to submit administrative programs that include plans for:  (1) coordinating the use of grant funds and HHS assistance for shelter costs under the aid for families with dependent children programs; (2) coordinating local housing and social service delivery systems to improve the quality of lower income housing; and (3) implementing a schedule of shelter allowances based on building quality. Restricts the use of grant funds.  Requires that grant recipients agree to (1) match 15 percent of the grant funds; (2) permit audits of their use of such funds; and (3) maintain a program designed to assure that all Federal expenditures for lower income housing are coordinated and utilized at the local level for similar goals and according to similar standards. Requires the Secretary to report to Congress concerning any conclusions and legislative recommendations resulting from such demonstration project. Authorizes appropriations for FY 1983.,2024-02-06T19:38:08Z,
97-hr-6038,97,hr,6038,A bill to amend section 235 of the National Housing Act.,Housing and Community Development,1982-04-01,1982-05-24,Became Public Law No: 97-185.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,13,"Amends the National Housing Act to extend until September 30, 1982, the authority of the Secretary of Housing and Urban Development to enter into contracts to provide periodic mortgage assistance payments to assist lower income families in acquiring home ownership or membership in a cooperative housing association.",2024-02-06T19:38:08Z,
97-s-2344,97,s,2344,A bill to amend section 235 of the National Housing Act.,Housing and Community Development,1982-04-01,1982-04-01,"Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.",Senate,"Sen. Lugar, Richard G. [R-IN]",IN,R,L000504,1,"Amends the National Housing Act to extend until April 30, 1982, the authority of the Secretary of Housing and Urban Development to enter into contracts to provide periodic mortgage assistance payments to assist lower income families in acquiring home ownership or membership in a cooperative housing association.",2023-05-11T13:17:06Z,
97-s-2346,97,s,2346,"A bill to amend the National Housing Act to provide additional authorization for the Government National Mortgage Association tandem program and to express Congressional opposition to certain rescissions, and for other purposes.",Housing and Community Development,1982-04-01,1982-04-15,Subcommittee on Housing and Urban Affairs. Hearings held.,Senate,"Sen. Riegle, Donald W., Jr. [D-MI]",MI,D,R000249,14,Expresses the sense of Congress that: (1) proposed rescissions of Federal funds for multifamily rental housing projects on which construction can begin within 12 months after enactment of this Act should be rejected; and (2) the Secretary of Housing and Urban Development should expedite construction of such projects. Amends the National Housing Act to increase the limitation on the amount of home mortgages the President can authorize the Government National Mortgage Association to purchase.,2025-01-14T18:20:21Z,
97-sconres-79,97,sconres,79,"A concurrent resolution recognizing the month of April as ""Fair Housing Month"".",Housing and Community Development,1982-04-01,1982-04-01,Read twice and referred to the Committee on Judiciary.,Senate,"Sen. Mathias, Charles McC., Jr. [R-MD]",MD,R,M000241,15,Designates April as Fair Housing Month.,2025-07-21T19:32:26Z,
97-hconres-301,97,hconres,301,A concurrent resolution recognizing the month of April as Fair Housing Month.,Housing and Community Development,1982-03-31,1982-04-13,Referred to Subcommittee on Civil and Constitutional Rights.,House,"Rep. Fish, Hamilton, Jr. [R-NY-25]",NY,R,F000141,1,Recognizes the month of April as Fair Housing Month.,2024-02-06T20:04:02Z,
97-hr-6008,97,hr,6008,A bill to amend the National Housing Act to provide for emergency interest reduction payments and for other purposes.,Housing and Community Development,1982-03-31,1982-04-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Coleman, E. Thomas [R-MO-6]",MO,R,C000618,0,"Amends the National Housing Act to authorize the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to assist middle- and lower-income families in acquiring a home or membership in a cooperative housing association by making periodic interest reduction payments on their behalf to mortgagees and lenders. Prohibits the Secretary from entering into contracts to provide interest reduction payments during any month unless the Federal Home Loan Bank Board's home mortgage interest rate index for the most recent two-month period exceeds 12.5 percent per year. Conditions eligibility for interest reduction payments on the insurability of the first mortgage or loan secured by such property.  Sets forth the qualifications for insurance, which include requirements that: (1) the loan be executed by a borrower who has an annual income of less than $30,000; (2) the loan involve a one- to four-family dwelling the construction of which was completed on or after March 6, 1982; (3) the loan be amortized over 30 years; and (4) beginning with the second year, the loan payments be increased by a specified amount which shall be applied to the principal obligation until it is paid off. Limits the duration of the interest reduction payments to five years.  Declares that the amount of all such payments shall constitute a second lien on the property.  Requires repayment of such amount, not to exceed 60 percent of the homeowner's net equity:  (1) upon the sale or disposition of the property; (2) upon the refinancing of the loan; or (3) when the owner ceases to occupy the property as a principal residence for a period exceeding nine months. Limits the amount of interest reduction payments to the difference between the amount of the monthly principal and interest payment under the terms of the loan and the amount such payment would be if the interest rate on the loan were: (1) 11 percent per year; or (2) four percentage points less than the rate specified in the loan, whichever rate is higher. Requires the Secretary to: (1) allocate the amount available to carry out this Act on the basis of the population, number of housing starts, and unemployment in each State relative to all States; and (2) assure that the allocated amounts are made available in a manner which maximizes participation by eligible lenders and borrowers. Declares that any mortgage insured or assisted under this Act shall be eligible for purchase by the Federal National Mortgage Association and the Federal Home Loan Mortgage Association Corporation. Authorizes appropriations.",2024-02-06T19:38:08Z,
97-hr-6015,97,hr,6015,Shared Housing Resident Assistance Act,Housing and Community Development,1982-03-31,1982-04-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Roybal, Edward R. [D-CA-25]",CA,D,R000485,50,Shared Housing Resident Assistance Act - Amends the United States Housing Act of 1937 and the Housing Act of 1949 to prohibit the Secretary of Housing and Urban Development and the Secretary of Agriculture from requiring that a dwelling unit in a shared housing project for the elderly or handicapped contain more than one sanitary facility or item of equipment for food preparation or storage for all residents as a condition of eligibility for low-income housing assistance.,2025-08-29T19:49:42Z,
97-hr-6020,97,hr,6020,Housing and Community Development Amendments of 1982,Housing and Community Development,1982-03-31,1982-04-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Stanton, J. William [R-OH-11]",OH,R,S000804,0,"Housing and Community Development Amendments of 1982 - Title I:  Community and Neighborhood Development - Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Urban Development to:  (1) make rental rehabilitation grants to State and local governments for the rehabilitation of privately owned property for residential rental purposes; and (2) make available contract authority to assist very low income tenants who are displaced by such rehabilitation activities, to minimize such displacement, and to assist other very low income tenants in obtaining decent housing. Sets forth guidelines for the allocation of such grants and assistance (resources) among cities having a population of 50,000 or more, urban counties, and States.  Requires the Secretary to conduct annual audits and reviews of the performance of resource recipients. Permits the Secretary to adjust the amount of resources provided to recipients in accordance with the findings of such audits and reviews.  Prohibits any adjustments to recapture resources already expended. Authorizes the Secretary to limit the rental rehabilitation grant amounts an entity may receive in any fiscal year. Requires any assisted city, urban county, or State administering a rental rehabilitation program to provide for the public and the Secretary an annual statement on proposed rehabilitation activities. Lists requirements for rental rehabilitation programs assisted under this Act.  Restricts the use of rehabilitation grants to structures that are to be used primarily for rental residential purposes in low and moderate income areas.  Limits the amount of rehabilitation assistance for a structure to 50 percent of the total rehabilitation costs of that structure. Prohibits assisted State and local governments from imposing rental requirements on assisted structures which differ from those applicable to structures rehabilitated without assistance.  Requires a borrower under such a program to be personally liable for repayment of any financing upon default. Provides for State administration of resources in areas outside a city or county receiving a direct allocation. Permits a State:  (1) to use allocated resources to conduct its own rehabilitation program; (2) to distribute such resources to local governments; or (3) in FY 1983, to elect to have the Secretary administer such resources. Authorizes the Secretary to establish relocation standards. Directs the Secretary to establish specified procedures governing rehabilitation involving historic structures. Exempts the awarding and use of resources under this Act from the National Environmental Policy Act and related provisions. Prohibits the Secretary from making rehabilitation grants unless the recipient provides satisfactory assurances that its program will be administered in conformity with specified civil rights requirements. Reduces the amount of appropriations authorized for the urban homesteading program for FY 1983.  Authorizes appropriations for such program for FY 1984. Provides for the payment of consideration by a State or local government to the Secretary, and by an individual or family to such government, for real property transferred under an urban homesteading program.  Requires such a government to remit to the Secretary 50 percent of any amount by which the consideration it receives for such property exceeds the consideration it paid for such property. Authorizes the Secretary to undertake a program to demonstrate the feasibility of using homesteading techniques to facilitate the reuse of multifamily properties owned by the Secretary for homeownership purposes.   Directs the Secretary to convey suitable properties to State and local governments for subsequent transfer to individuals under a cooperative or condominium form of ownership. Amends the Housing Act of 1964 to repeal specified provisions authorizing the Secretary to make rehabilitation loans. Amends the Housing and Urban Development Act of 1969 to repeal provisions authorizing the General Services Administration to transfer Federal surplus real property to the Secretary or the Secretary of Agriculture for sale or lease at fair value for use for low- and moderate-income housing.  Permits the transfer of property requested before enactment of this Act. Amends the Housing Act of 1949 to repeal provisions that prohibit an urban renewal plan from providing for the construction of transient housing unless the community involved has obtained a transient housing study indicating a need for such housing. Amends the Housing and Urban Development Act of 1965 and the Housing Act of 1961 to repeal provisions requiring the Secretary's approval of the conversion of neighborhood facilities or open space land to uses not originally approved by the Secretary when awarding a grant for acquisition of such facilities or land. Title II:  Housing Assistance Programs - Repeals provisions of the Housing and Community Development Act of 1974 governing the allocation of housing assistance among different areas.  Repeals provisions of the Housing Act of 1937 governing the division of contract authority for housing assistance for new, existing, and substantially rehabilitated housing. Amends the Housing Act of 1937 to permit low-income housing assistance contracts providing assistance payments based on a payment standard used to determine the maximum monthly assistance payable for any family with respect to an existing unit selected by that family.  Directs the Secretary to establish payment standards for various sizes and types of dwelling units in the market area at levels designed to assist the greatest possible number of families in securing decent, safe, and sanitary housing.  Directs the Secretary to publish payment standards in the Federal Register. Limits the monthly assistance payment for a family to the amount by which the payment standard exceeds 30 percent of the family's monthly adjusted income at the time the family first receives such assistance, provided that such monthly assistance payment is not greater than the amount by which the monthly rent for the unit exceeds the greater of:  (1) ten percent of the family's monthly income; or (2) the part of any welfare payment designated for the family's housing costs.  Restricts such assistance payments to very low income families and families previously assisted under the Housing Act of 1937, with preference given to families which:  (1) occupy substandard housing; (2) are involuntarily displaced; or (3) pay more than 50 percent of their income for rent. Permits the Secretary to disregard such preference and provide assistance to:  (1) eligible families occupying units in formerly assisted projects acquired by the Secretary; or (2) families in units to be rehabilitated. Terminates such assistance with respect to any vacated unit.  Limits the duration of such assistance payments to five years. Requires the public housing agency to inspect the assisted unit at least annually to determine that it meets housing quality standards. Provides for low-income housing assistance based on a payment standard for families renting manufactured homes or spaces. Allows the Secretary to establish income ceilings higher or lower than 50 percent of the area median income when defining ""very low-income families"" for purposes of housing assistance programs if such variations are necessary because of unusually high or low family incomes. Amends the Omnibus Budget Reconciliation Act of 1981 to:  (1) give the Secretary discretion to provide for delayed implementation of provisions of this Act providing for housing assistance based on payment standards; (2) extend the applicability of provisions providing for delayed implementation of rent increases under such Act to tenants occupying assisted housing on or before the effective date of this Act; and (3) prohibit annual rent increases of more than 20 percent (currently ten percent) for tenants of assisted housing as a result of provisions of such Act, use of the payment standard under this Act, or any other provision of Federal law redefining which governmental benefits are to be considered as income. Amends the United States Housing Act of 1937 to authorize appropriations for FY 1983 and 1984 for annual contributions for the operation of lower income housing projects.  Revises the criteria for demolition of any public housing project to repeal the requirement for timely replacement of demolished units and to include requirements that:  (1) the project is obsolete and there is no feasible renovation program; or (2) the demolition of a part of the project will help assure its useful life. Amends the Omnibus Budget Reconciliation Act to repeal provisions authorizing the Secretary to enter into contracts for periodic payments to the Federal Financing Bank to offset the costs to the Bank of purchasing obligations issued by public housing agencies to finance public housing projects. Amends the Housing and Community Development Amendments of 1978 to require that a rental or cooperative housing project be covered by a federally-insured mortgage to be eligible for operating assistance for troubled multifamily projects. Amends the National Housing Act to extend through September 30, 1984, the period during which amounts in the rental housing assistance fund may be approved for such operating assistance. Amends the Housing Act of 1959 to eliminate the requirement that a nonprofit corporation, to be eligible for loans for the provision of housing for the elderly and handicapped, have on its governing body members selected to represent the views of the community where such housing would be located. Title III:  Program Amendments and Extensions - Amends the National Housing Act to extend for two years the Secretary's authority to insure housing loans and mortgages under specified insurance programs contained in such Act.  Terminates the Secretary's authority to insure mortgages for nursing homes, intermediate care facilities, and hospitals after September 30, 1982, except pursuant to a commitment to insure made before that date.  Extends for one year the Secretary's authority to insure mortgages of mortgagors qualifying for homeownership assistance payments under such Act. Authorizes the appropriation of such funds as may be necessary to cover losses sustained by the General Insurance Fund. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research activities of the Department of Housing and Urban Development (HUD) for FY 1983 and 1984. Amends the National Housing Act to repeal the Secretary's authority to establish maximum interest rates on Federal Housing Administration (FHA) loans. Provides that housing mortgages or loans insured under programs that are extended beyond FY 1982, with specified exceptions, shall bear interest at such rate as may be agreed upon by the borrower and the lender. (Currently, the Secretary sets or approves such interest rates within prescribed limits.)  Continues the authority of the Secretary to set the maximum interest rate for insured mortgages of mortgagors receiving homeownership assistance payments. Authorizes the Secretary to agree to an extension of the term of an insured mortgage on property or land to be improved or developed upon determining that unusual circumstances make such extension necessary to avoid undue hardship to the mortgagor. Permits maximum mortgage amounts eligible for FHA insurance to be increased by the amount of the mortgage insurance premium paid at the time a mortgage is insured.  Excludes such premium from the mortgage downpayment required for such insurance. Increases the amount of the principal obligation of a mortgage executed by a non-occupant mortgagor which is eligible for FHA insurance. Declares that premium charges for FHA insurance of mortgages with alternative financing mechanisms are not required to be the same as premium charges for other FHA mortgages.  Eliminates the requirement that debentures issued by the Secretary in payment of insurance claims be redeemable at par plus accrued interest. Makes it discretionary rather than mandatory for the Secretary to regulate the rents and rate of return on HUD-insured housing projects and to provide such insurance primarily to projects providing for families with children. Permits the Secretary to insure mortgages of manufactured home parks designed exclusively for the elderly. Eliminates special limitations on the amount of a mortgage involving refinancing for rehabilitation purposes which qualifies for FHA insurance. Authorizes the Secretary to direct mortgagees who are exercising their option to assign certain insured mortgages to the Secretary to deliver the mortgages and original credit instruments directly to the Government National Mortgage Association in lieu of the Secretary.  Authorizes the Association to hold and service such loans as agent for the Secretary.  Eliminates the option of mortgagees to assign such insured mortgages to the Secretary with respect to commitments to insure entered into on or after the effective date of this Act. Eliminates the requirement that a condominium meet one of the following conditions to qualify for FHA insurance:  (1) the project containing the condominium is or has been federally-insured; (2) there are less than 12 units in the project; or (3) if the project has 12 or more units, it is more than one year old. Repeals provisions limiting the amount of loans and mortgages the Secretary may insure on a coinsurance basis to 20 percent of the amount of all mortgages and loans insured by the Secretary. Extends for two years the Secretary's authority to insure graduated payment mortgages.  Eliminates the requirements that a mortgagor must be unable to afford a dwelling under any other mortgage insurance program and must not have owned a dwelling within the previous three years in order to qualify for graduated payment mortgage insurance.  Deletes restrictions on the number of graduated payment mortgages which may be insured during a year.  Gives the Secretary authority to insure graduated payment mortgages for housing projects consisting of five or more dwelling units. Authorizes the Secretary to insure a limited number of adjustable rate mortgages for single-family homes (dwellings designed for occupancy by one to four families). Permits annual interest rate adjustments of not to exceed one percent through adjustments in the monthly payment, the mortgage term, or a combination of both.  Prohibits:  (1) extending the mortgage term beyond 40 years; or (2) increasing the interest rate by more than five percentage points over the mortgage term.  Directs the Secretary to require the mortgagee to provide information to the mortgagor describing the features and maximum possible payment schedule for an adjustable rate mortgage. Authorizes the Secretary to insure a specified number of shared appreciation mortgages for single-family homes and multifamily housing projects.  Requires the Secretary to establish the maximum interest rate which may be charged on such mortgages and the maximum percentage of the property's net appreciated value payable to a mortgagee upon sale or transfer of the property or payment in full of the mortgage.  Excludes a mortgagee's share of the net appreciated value from the mortgagee's insurance benefits in the event of a default.  Directs the Secretary to establish disclosure requirements applicable to mortgagees making shared appreciation mortgages.  Exempts such mortgages from State authority.  Requires a shared appreciation mortgage on a multifamily housing project to have a mortgage term of at least 15 years and to be repayable in monthly installments needed to retire the debt over 30 years. Authorizes the Secretary to insure certain housing loans which do not completely amortize over the loan term. Authorizes the Secretary to make expenditures to correct, or provide compensation for, structural defects in an FHA-insured single-family home for which a Veterans Administration loan guaranty was approved prior to construction. Requires payment to the Government of mortgage insurance premiums promptly:  (1) upon their receipt from the borrower with respect to mortgages on single-family homes; and (2) when due to the Secretary with respect to mortgages on multifamily housing projects. Authorizes the Secretary to insure the mortgage of a single-family home that is located on an Indian reservation and purchased by a member of an Indian tribe for his or her principal place of residence, notwithstanding any other limitations of the National Housing Act. Amends the Housing and Community Development Amendments of 1978 to eliminate certain restrictions on the management and disposal of multifamily housing projects owned by HUD. Authorizes the Secretary to provide assistance based on a payment standard to very low-income tenants of specified multifamily projects. Amends the Multifamily Mortgage Foreclosure Act of 1981 to repeal provisions authorizing or directing the Secretary to require the purchaser of a HUD-owned multifamily housing project at a foreclosure sale to continue to operate the project in accordance with the terms of the Act under which it was insured. Authorizes the Secretary to require an applicant for financial assistance or mortgage or loan insurance to:  (1) include his or her social security number or employer identification number on designated forms; and (2) sign a form authorizing the Secretary to verify and audit information furnished by the applicant and authorizing other agencies and private sources to release information relevant to the applicant's eligibility or benefit level. Amends the Social Security Act to authorize State unemployment agencies to release to HUD and public housing agencies information concerning such applicant's wages and unemployment benefits.  Requires the entity responsible for determining eligibility for assistance or insurance to deny eligibility to any applicant who:  (1) has made false or misleading statements or concealed relevant facts; or (2) has violated the authorizing Act or regulation. Amends the Housing and Community Development Act of 1980 to prohibit the Secretary from providing financial assistance to aliens through a specified housing insurance program. Amends the Real Estate Settlement Procedures Act of 1974 to repeal provisions which:  (1) prohibit any person from receiving any kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage; (2) prohibit any seller  of property to be purchased with the assistance of a federally related mortgage loan from requiring that the buyer purchase title insurance from a particular title company; and (3) require that the borrower be permitted to examine the settlement form the day before settlement in a transaction involving a federally related mortgage. Permits a lender, in connection with a federally related mortgage loan, to require a deposit into an escrow account if under existing escrow procedures there is a shortage of funds to pay taxes, insurance premiums, or other charges due. Amends the Housing and Urban Development Act of 1968 and the National Housing Act to repeal specified provisions authorizing housing counseling assistance to mortgagors.",2025-08-29T19:49:42Z,
97-s-2327,97,s,2327,"A bill to amend the National Housing Act to provide for an emergency homeownership program, to authorize assistance to avoid mortgage defaults caused by adverse economic conditions, and for other purposes.",Housing and Community Development,1982-03-31,1982-04-15,Subcommittee on Housing and Urban Affairs. Hearings held.,Senate,"Sen. Riegle, Donald W., Jr. [D-MI]",MI,D,R000249,18,"Title I: Emergency Homeownership Program - Emergency Homeownership Act of 1982 - Amends the National Housing Act to activate the emergency housing market stimulation program to: (1) direct the Secretary of Housing and Urban Development to provide periodic mortgage assistance payments to homeowners; and (2) authorize the Secretary to insure assisted mortgages.  Extends, until March 31, 1983, the Secretary's authority to enter into such assistance contracts and to insure such mortgages.  Requires such contracts to provide for assistance payments for up to five years. Directs the Secretary to continue assistance payments to mortgagors who remain eligible after a contract expires to the extent that funds remain in a revolving fund containing recaptured assistance payments and unexpended appropriations under such program. Increases the maximum family income (from 130 to 140 percent of the area median income) over which a mortgagor is disqualified from assistance payments.  Allows the Secretary to raise such area median income ceiling to 145 percent when necessary. Limits the maximum amount of assistance payments to the lesser of: (1) the balance of the mortgagor's monthly payment for principal, interest, and mortgage insurance after applying 25 percent of the mortgagor's income; and (2) the difference between the maximum interest rate on a FHA mortgage and an interest rate four percentage points lower than such maximum rate, but not less than ten percent.  Specifies the limit on assistance payments for loans on manufactured homes. Permits up to 30 percent of the mortgages assisted under such program to involve homes constructed before April 1, 1982.  Requires that the remaining assisted mortgages involve homes the construction of which began on or after such date.  Increases the maximum sales price of a home eligible for such mortgage insurance and assistance payments to 100 percent (currently 82 percent) of the maximum principal obligation of a FHA mortgage.  Authorizes the Secretary to increase such maximum sales price to 105 percent when necessary in certain areas. Directs the Secretary to consider the unemployment rate in various regions of the country when allocating assistance under the emergency market stimulation program.  Authorizes appropriations for such program. Authorizes the Secretary to advance downpayment assistance, matching up to $5,000 of a family's available funds, on a newly constructed home that is financed by a loan not insured under the National Housing Act.  Authorizes the Secretary to provide downpayment assistance to families: (1) whose income do not exceed 140 percent of the area median income; (2) who certify that they lack sufficient funds to purchase a home without such assistance; and (3) who have not owned a home in the preceding three years. Provides for the recapture of downpayment assistance plus interest upon the disposition of the home or when the owner rents the home for more than one year. Authorizes appropriations for downpayment assistance. Title II: Homeowners' Relief - Emergency Homeowners' Relief Act of 1982 - Directs the Secretary to make emergency mortgage relief advances for certain mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all mortgage loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board (FHLBB).  Directs the Secretary to provide such emergency advances in States within a FHLBB district if such mortgage delinquency condition exists for that district, even if such condition does not exist for the nation.  Directs the FHLBB to submit delinquency information to the Secretary and Congress monthly.  Provides for the discontinuation and resumption of the emergency advances program depending on the mortgage delinquency condition. Lists the eligibility conditions for emergency advances, including requirements that: (1) foreclosure would result without such assistance; (2) the mortgagor has suffered a loss of income as a result of involuntary unemployment or underemployment due to adverse economic conditions; and (3) there is a reasonable prospect that the mortgagor will be able to resume full mortgage payments. Limits the amount of emergency advances to the least of: (1) 80 percent of the total monthly mortgage payment; (2) $600; or (3) the amount necessary to supplement the amount the homeowner is capable of contributing.  Limits the duration of emergency advances to 12 months plus any period of delinquency, with a six-month extension permitted. Declares that emergency advances shall be repayable on terms prescribed by the Secretary. Sets forth the authority of the Secretary to recapture emergency advances. Requires the Secretary and specified agencies to: (1) waive or relax limitations pertaining to the operations of certain mortgagees and financial institutions with respect to mortgage delinquencies in order to encourage forbearance in residential mortgage loan foreclosure; and (2) request such institutions to notify the appropriate agency and the mortgagor of least 30 days before instituting foreclosure proceedings on a mortgage. Authorizes appropriations to carry out this title.",2025-01-14T18:20:21Z,
97-hr-5980,97,hr,5980,A bill to amend the National Housing Act to provide for emergency interest reduction payments and for other purposes.,Housing and Community Development,1982-03-30,1982-04-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Clausen, Don H. [R-CA-2]",CA,R,C000475,0,"Amends the National Housing Act to authorize the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to assist middle- and lower-income families in acquiring a home or membership in a cooperative housing association by making periodic interest reduction payments on their behalf to mortgagees and lenders. Prohibits the Secretary from entering into contracts to provide interest reduction payments during any month unless the Federal Home Loan Bank Board's home mortgage interest rate index for the most recent two-month period exceeds 12.5 percent per year. Conditions eligibility for interest reduction payments on the insurability of the first mortgage or loan secured by such property.  Sets forth the qualifications for insurance, which include requirements that: (1) the loan be executed by a borrower who has an annual income of less than $30,000; (2) the loan involve a one- to four-family dwelling the construction of which was completed on or after March 6, 1982; (3) the loan be amortized over 30 years; and (4) beginning with the second year, the loan payments be increased by a specified amount which shall be applied to the principal obligation until it is paid off. Limits the duration of the interest reduction payments to five years.  Declares that the amount of all such payments shall constitute a second lien on the property.  Requires repayment of such amount, not to exceed 60 percent of the homeowner's net equity:  (1) upon the sale or disposition of the property; (2) upon the refinancing of the loan; or (3) when the owner ceases to occupy the property as a principal residence for a period exceeding nine months. Limits the amount of interest reduction payments to the difference between the amount of the monthly principal and interest payment under the terms of the loan and the amount such payment would be if the interest rate on the loan were: (1) 11 percent per year; or (2) four percentage points less than the rate specified in the loan, whichever rate is higher. Requires the Secretary to: (1) allocate the amount available to carry out this Act on the basis of the population, number of housing starts, and unemployment in each State relative to all States; and (2) assure that the allocated amounts are made available in a manner which maximizes participation by eligible lenders and borrowers. Declares that any mortgage insured or assisted under this Act shall be eligible for purchase by the Federal National Mortgage Association and the Federal Home Loan Mortgage Association Corporation. Authorizes appropriations.",2024-02-06T19:38:08Z,
97-hr-5990,97,hr,5990,"A bill to amend the Pennsylvania Avenue Development Corporation Act of 1972 to authorize appropriations and further borrowings for implementation of the development plan for Pennsylvania Avenue between the Capitol and the White House, and for other purposes.",Housing and Community Development,1982-03-30,1982-12-08,For Further Action See S.1661.,House,"Rep. Udall, Morris K. [D-AZ-2]",AZ,D,U000001,0,"(Reported to House from the Committee on Interior and Insular Affairs with an amendment, H. Rept. 97-520) Amends the Pennsylvania Avenue Development Corporation Act of 1972 to increase the borrowing power of the Pennsylvania Avenue Development Corporation. Authorizes appropriations for operating and administrative expenses of the Corporation through FY 1988. Requires the Corporation to give at least 30 days notice to the appropriate congressional committee before the Corporation makes a significant change in the Pennsylvania Avenue Development plan or takes any significant action relating to housing, major structures, historic preservation, office space, or retail uses within the development area. Requires the Corporation to transmit copies of budget estimates or requests to the appropriate congressional committees. Requires the Corporation to transmit to Congress, within six months of enactment, an estimate for each fiscal year of the additional funds necessary for the Corporation to carry out the development plan through FY 1990. Requires the Corporation to report annually to the appropriate congressional committees on the actions it has taken, or plans to take, to protect the significant historic and architectural values of structures within its jurisdiction.",2024-02-07T13:32:55Z,
97-hr-5961,97,hr,5961,A bill to improve the method of verifying the income of individuals and families receiving assistance pursuant to the United States Housing Act of 1937.,Housing and Community Development,1982-03-25,1982-04-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Chappell, Bill, Jr. [D-FL-4]",FL,D,C000321,0,"Amends the United States Housing Act of 1937 to require the verification and quarterly review of the income of each family in a federally-assisted lower income housing project.  Requires annual reviews of the income of elderly families. (Currently, the incomes of only a random sample of families are verified and only annual income reviews are required.)",2024-02-06T19:38:08Z,
97-hr-5943,97,hr,5943,A bill to stimulate the production and sale of housing.,Housing and Community Development,1982-03-24,1982-04-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Dicks, Norman D. [D-WA-6]",WA,D,D000327,1,"Amends the National Housing Act to activate the emergency housing market stimulation program by directing the Secretary of Housing and Urban Development to make periodic assistance payments to mortgagees and other lenders on behalf of families having incomes of up to 130 percent of the area median income. Extends to September 30, 1983, the authority of the Secretary to enter into contracts to provide such assistance.  Provides a specified amount of additional contract authority. Revises the amount of such assistance payments to the lesser of:  (1) the mortgage payment remaining after applying 30 percent (currently 25 percent) of the mortgagor's income; or (2) the difference between the monthly payment of a Federal Housing Administration (FHA) mortgage and the amount the payment would be if the rate of interest on such mortgage were four percent less (currently nine and one-half percent for standard homes and 12 percent for manufactured homes). Revises the conditions of eligibility for insurance and assistance under such program to:  (1) provide for eligibility for condominium units; and (2) limit the sales price of an eligible mortgage to 100 percent (currently 82 percent) of the maximum amount of a mortgage eligible for FHA insurance in that area. Requires the Secretary to allocate such assistance on the basis of the population, the decline in the number of housing starts, and the unemployment rate of each State relative to all States. Limits the duration of assistance payments to a mortgagor to five years.  Creates a fund into which the Secretary shall deposit recaptured assistance and from which the Secretary shall provide additional assistance to any mortgagor unable to assume full mortgage payments after receiving assistance for five years. Requires the Secretary to make 30 percent of such assistance available for existing housing.",2024-02-06T19:38:08Z,
97-s-2269,97,s,2269,A bill to extend the authorization for the low income housing program.,Housing and Community Development,1982-03-24,1982-03-24,Read twice and referred to the Committee on Banking.,Senate,"Sen. Tsongas, Paul E. [D-MA]",MA,D,T000393,2,Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development to enter into contracts to provide a specified amount of contributions for lower income housing projects during FY 1983.  Limits the aggregate amount that may be obligated over the life of such contracts.  Earmarks a specified portion of such authority for improvement assistance for existing projects. Authorizes appropriations for public housing operating subsidies for FY 1983.,2025-01-14T18:20:21Z,
97-hr-5889,97,hr,5889,First-time Homeowners Opportunity Act,Housing and Community Development,1982-03-18,1982-04-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Frank, Barney [D-MA-4]",MA,D,F000339,7,"First-Time Homeowners Opportunity Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development to enter into ten-year contracts to make periodic assistance payments on behalf of homeowners to mortgagees or other lenders holding mortgages. Permits payments to be made only on behalf of a homeowner who satisfies certain creditworthiness requirements and who:  (1) has not owned a dwelling within the preceding three years; and (2) has a family income not exceeding 130 percent of the statewide median income. Authorizes the Secretary to make assistance payments to a lender only while the homeowner occupies the property secured by the mortgage unless the mortgage has been assigned to the Secretary. Limits the mortgage assistance payments to an amount not exceeding the lesser of:  (1) the balance of the monthly payment due under the mortgage after applying a minimum 30 per centum of the mortgagor's income; or (2) the difference between the amount of the monthly payment which would be required if the mortgage were a level payment mortgage bearing the maximum interest rate applicable to federally insured mortgages and the monthly payment the mortgagor would pay if the mortgage were bearing nine and one-half per cent interest. Authorizes the Secretary to insure a mortgage secured by a mortgagor who qualifies for such assistance. Lists the eligibility requirements for such insurance. Directs the Secretary to insure, to the extent practicable, mortgages secured by single family residences that contribute to land and energy conservation. Directs the Secretary to develop a system to allocate assistance among the various regions of the country. Provides, upon the disposition by the homeowner of any property assisted pursuant to this Act, for the recapture of an amount equal to the lesser of: (1) the amount of assistance received; or (2) at least 50 percent of the net appreciation of the property.  Creates a fund into which recaptured amounts shall be deposited.  Prohibits payments on behalf of any mortgagor from exceeding ten years, unless the mortgagor is unable to assume full mortgage payments.  Requires the Secretary, in such a case, to continue assistance by utilizing the fund.",2025-08-29T19:49:37Z,
97-sjres-169,97,sjres,169,"A joint resolution to designate the week of April 18, 1982, as ""National Architecture Week"".",Housing and Community Development,1982-03-18,1982-04-01,Referred to House Committee on Post Office and Civil Service.,Senate,"Sen. Hollings, Ernest F. [D-SC]",SC,D,H000725,32,"Designates the week of April 18, 1982, as National Architecture Week.",2025-07-21T19:32:26Z,
97-s-2226,97,s,2226,A bill to amend the National Housing Act to provide for emergency interest reduction payments and for other purposes.,Housing and Community Development,1982-03-17,1982-04-27,Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 514.,Senate,"Sen. Lugar, Richard G. [R-IN]",IN,R,L000504,52,"(Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 97-362) Amends the National Housing Act to authorize the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to assist middle-and lower-income families in acquiring or substantially rehabilitating a home or a unit in a cooperative housing project by making periodic interest reduction payments on behalf of such families to mortgagees and lenders. Prohibits the Secretary from entering into contracts to provide interest reduction payments during any month unless the Federal Home Loan Bank Board's home mortgage interest rate index for the most recent two-month period exceeds 12.5 percent per year. Conditions eligibility for interest reduction payments on the insurability of the first mortgage or loan secured by such property.  Sets forth the qualifications for insurance, which include requirements that:  (1) the loan be executed by a borrower who has an annual family income of less than $30,000, except that such limitation may be increased to $37,000 for certain families in areas having high prevailing housing sales prices; (2) the principal obligation of the loan not exceed $67,500, except that such limitation may be increased by 15 percent in such high priced areas; (3) the loan involve a one-to-four-family dwelling the construction or rehabilitation of which began on or after enactment of this Act and was completed by January 1, 1983; and (4) the loan be a growing equity loan amortized over 30 years with increased payments in the second through sixth years to be applied toward the principal obligation. Limits the duration of the interest reduction payments to five years.  Declares that the amount of all such payments shall constitute a second lien on the property.  Requires repayment of such amount, not to exceed 60 percent of the homeowner's net equity:  (1) upon the sale or disposition of the property; (2) upon the refinancing of the loan; or (3) when the property ceases to be the owner's principal residence. Limits the amount of interest reduction payments to the difference between the amount of the monthly principal and interest payment under the terms of the loan and the amount such payment would be if the interest rate on the loan were:  (1) 11 percent per year; or (2) four percentage points less than the rate specified in the loan, whichever rate is higher. Requires the Secretary to:  (1) allocate the amount available to carry out this Act on the basis of the population, number of housing starts, and unemployment in each State relative to all States; and (2) assure that the allocated amounts are made available in a manner which maximizes participation by eligible lenders and borrowers. Declares that any mortgage insured or assisted under this Act shall be eligible for purchase by the Federal National Mortgage Association and the Federal Home Loan Mortgage Association Corporation. Authorizes appropriations which shall remain available for commitment until November 1, 1982. Exempts loans assisted under this Act from State usury laws.",2025-01-14T18:20:21Z,
97-hr-5849,97,hr,5849,A bill to encourage the development of shared housing.,Housing and Community Development,1982-03-16,1982-04-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Oakar, Mary Rose [D-OH-20]",OH,D,O000001,0,"Amends the Housing and Community Development Act of 1974, the United States Housing Act of 1937, the Housing Act of 1964, and the Housing Act of 1949 to:  (1) direct the Secretary of Housing and Urban Development and the Secretary of Agriculture to provide assistance to encourage the development of housing units in which elderly families share facilities; and (2) authorize the Secretary of Housing and Urban Development to issue special property standards for such shared housing.",2024-02-06T19:38:08Z,
97-hres-393,97,hres,393,"A resolution to express the sense of the House of Representatives that the Federal Government shall take no action to preempt any state law limiting due-on-sale clauses, or any other similar provision.",Housing and Community Development,1982-03-16,1982-04-01,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Florio, James J. [D-NJ-1]",NJ,D,F000215,20,Expresses the sense of the House of Representatives that: (1) the President should reject the preliminary recommendation of the Commission on Housing for a Federal preemption of State law permitting mortgage assumptions; and (2) neither the President nor Federal agency or department shall take any action to limit the rights of States or the courts to prohibit or impose limits on the use of due-on-sale clauses.,2024-02-06T19:38:08Z,
97-hr-5834,97,hr,5834,Family Housing Production Act of 1982,Housing and Community Development,1982-03-15,1982-03-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Patterson, Jerry M. [D-CA-38]",CA,D,P000121,117,"Family Housing Production Act of 1982 - Requires the Secretary of Housing and Urban Development, through the Government National Mortgage Association, to enter into five-year contracts to provide periodic assistance payments on behalf of homeowners to mortgagees and other lenders.  Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Permits payments to be made only to a mortgagor who satisfies requirements for creditworthiness and has a family income not exceeding 140 percent of the area median income and who:  (1) is the original owner of a manufactured home the loan for which is incurred under the National Housing Act; or (2) has a fixed-rate 30-year mortgage which is secured by a home built after enactment of this Act, has no prepayment penalty, and requires increased payments beginning with the second year which shall be applied to the principal obligation until it is paid off. Limits the amount of assistance payments to the difference between the amount of the monthly payment for principal, interest, and loan insurance under the first year of the loan and the amount the monthly payment for principal and interest would be if the interest rate on the loan were:  (1) ten percent (12 percent for a manufactured home); or (2) four percentage points less than the rate specified in the loan, whichever rate is higher.  Requires that the mortgagor pay at least 25 percent of his or her income toward the monthly loan payment. Declares that manufactured homes shall comprise not more than 20 percent of the units assisted under this Act.  Directs the Secretary to allocate the amount available to carry out this Act on the basis of the population, decline in housing starts, and unemployment rate in each State relative to all States. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Authorizes the Secretary to insure mortgages assisted under this Act.",2025-08-29T19:49:37Z,
97-hjres-436,97,hjres,436,"A joint resolution to designate the week of April 18 as: ""National Architecture Week"".",Housing and Community Development,1982-03-11,1982-03-11,Referred to House Committee on Post Office and Civil Service.,House,"Rep. Stark, Fortney Pete [D-CA-9]",CA,D,S000810,68,"Designates the week of April 18, 1982, as National Architecture Week.",2024-02-06T20:04:02Z,
97-hr-5800,97,hr,5800,A bill to amend the Internal Revenue Code of 1954 to allow an individual to withdraw amounts from an individual retirement account for the purchase of a principal residence.,Housing and Community Development,1982-03-10,1982-03-10,Referred to House Committee on Ways and Means.,House,"Rep. Sawyer, Harold S. [R-MI-5]",MI,R,S000087,25,Amends the Internal Revenue Code to allow an individual to withdraw amounts from an individual retirement account for the purchase of a principal residence. Requires that ten percent of the amount withdrawn shall be included in the gross income of the distributee over a period of ten years beginning with the taxable year in which the distributee:  (1) disposes of such principal residence or ceases to use it as a principal residence; or (2) attains the age of 59 1/2. Allows such withdrawals only if:  (1) the amount withdrawn is used within 90 days for the purchase of the principal residence; (2) the individual retirement account was established at least 36 months before such withdrawal; (3) the trustee of such account is a qualified home mortgage institution; and (4) the trustee is given at least 60 days notice before such withdrawal.,2024-02-07T16:32:33Z,
97-s-2188,97,s,2188,"A bill to amend the Pennsylvania Avenue Development Corporation Act of 1972 to authorize appropriations and further borrowings for implementation of the development plan for Pennsylvania Avenue between the Capitol and the White House, and for other purposes.",Housing and Community Development,1982-03-10,1982-03-10,Read twice and referred to the Committee on Energy and Natural Resources.,Senate,"Sen. McClure, James A. [R-ID]",ID,R,M000346,0,Amends the Pennsylvania Avenue Development Corporation Act of 1972 to increase the borrowing power of the Pennsylvania Avenue Development Corporation. Authorizes appropriations for operating and administrative expenses of the Corporation through FY 1988.,2025-04-23T11:41:33Z,
97-hr-5761,97,hr,5761,First-time Homeowners Opportunity Act,Housing and Community Development,1982-03-09,1982-03-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Frank, Barney [D-MA-4]",MA,D,F000339,0,"First-Time Homeowners Opportunity Act - Amends the National Housing Act to direct the Secretary of Housing and Urban Development to enter into ten-year contracts to make periodic assistance payments on behalf of homeowners to mortgagees or other lenders holding mortgages. Permits payments to be made only on behalf of a homeowner who satifies certain creditworthiness requirements and who:  (1) has not owned a dwelling within the preceding three years; and (2) has a family income not exceeding 130 percent of the area median income. Authorizes the Secretary to make assistance payments to a lender only while the homeowner occupies the property secured by the mortgage unless the mortgage has been assigned to the Secretary. Limits the mortgage assistance payments to an amount not exceeding the lesser of:  (1) the balance of the monthly payment due under the mortgage after applying a minimum 30 per centum of the mortgagor's income; or (2) the difference between the amount of the monthly payment which would be required if the mortgage were a level payment mortgage bearing the maximum interest rate applicable to federally insured mortgages and the monthly payment the mortgagor would pay if the mortgage were bearing nine and one-half per cent interest. Authorizes the Secretary to insure a mortgage secured by a mortgagor who qualifies for such assistance. Lists the eligibility requirements for such insurance. Directs the Secretary to insure, to the extent practicable, mortgages secured by single family residences that contribute to land and energy conservation. Directs the Secretary to develop a system to allocate assistance among the various regions of the country. Provides, upon the disposition by the homeowner of any property assisted pursuant to this Act, for the recapture of an amount equal to the lesser of: (1) the amount of assistance received; or (2) at least 50 percent of the net appreciation of the property. Creates a fund into which recaptured amounts shall be deposited.  Prohibits payments on behalf of any mortgagor from exceeding ten years unless the mortgagor is unable to assume full mortgage payments.  Requires the Secretary, in such a case, to continue assistance by utilizing the fund.",2025-08-29T19:49:37Z,
97-hr-5750,97,hr,5750,Rental Housing Production and Rehabilitation Act of 1982,Housing and Community Development,1982-03-08,1982-03-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Schumer, Charles E. [D-NY-16]",NY,D,S000148,0,"Rental Housing Production and Rehabilitation Act of 1982 - Directs the Secretary of Housing and Urban Development to provide financial assistance to State and local governments to be used to stimulate the construction and rehabilitation of multifamily rental housing projects and cooperative housing projects in areas experiencing a severe shortage of rental housing for persons without other reasonable and affordable housing alternatives in the private market.  Directs State and local governments to provide such projects capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project debt service cost. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance.  Requires the amount or assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Lists conditions for receiving assistance under this Act, including requirements that a project owner agree that for the first 15 years of the project:  (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of eligibility for Federal housing assistance; and (4) units will not be converted to condominium ownership. Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Declares that mortgages for such projects are insurable under the National Housing Act. Requires rent charges for project units to be approved by the Secretary.  Limits such charges to 30 percent of a tenant's adjusted income.  Requires tenants to be provided written notice 30 days prior to any rent increase. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983.",2025-08-29T19:49:37Z,
97-hr-5731,97,hr,5731,Housing and Community Development Amendments of 1982,Housing and Community Development,1982-03-04,1982-05-04,Subcommittee Consideration and Mark-up Session Held.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,22,"Housing and Community Development Amendments of 1982 - Title I:  Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to limit the amount of commitments to guarantee notes and other obligations which the Secretary of Housing and Urban Development may enter into with respect to community development loan guarantees in FY 1983. Amends the Housing Act of 1964 to authorize appropriations for rehabilitation loans and to limit the amount of commitments to make such loans for FY 1983.  Requires that at least 60 percent of the funds available for rehabilitation loans after FY 1982 be used for loans for one- to four-family dwellings. Amends the Neighborhood Reinvestment Cooperation Act to authorize appropriations for the Corporation for FY 1983. Title II:  Assisted Housing - Amends the United States Housing Act of 1937 to: (1) increase, on October 1, 1982, the maximum amount of annual contributions which the Secretary may make to public housing agencies for low-income housing projects; (2) limit the amount which may be obligated over the duration of contribution contracts with respect to additional authority provided after October 1, 1982; and (3) provide a new formula for allocating such additional authority for low-income housing assistance.  Permits a public housing agency to use authority allocated for assistance to owners of low-income multifamily projects and improvement assistance for existing public housing projects to pay for the operation of such projects. Authorizes appropriations for such operating assistance for FY 1983. Directs the Secretary to consider the effects of interest rates (up to 14 percent) on development costs when determining the initial maximum monthly rent for units of a low-income multifamily housing project. Declares that any upward revision of amounts appropriated for operating assistance for public housing projects shall be considered to be a rulemaking activity. Amends the Housing and Community Development Amendments of 1978 to authorize FY 1983 appropriations for operating assistance for troubled multifamily housing projects.  Amends the National Housing Act to prohibit payment of such assistance after FY 1983. Amends the Housing Act of 1959 to increase on October 1, 1982, the aggregate amount of obligations the Secretary may issue to the Secretary of the Treasury to finance loans for housing facilities for elderly or handicapped families. Limits:  (1) the interest rate payable on such obligations; and (2) the lending authority of the Secretary for FY 1983. Amends the Federal National Mortgage Association Charter Act to increase on October 1, 1982, the total amount of home mortgages the Government National Mortgage Association (GNMA) may purchase and to limit the aggregate principal amount of mortgages that the GNMA may enter into commitments to purchase during FY 1983. Title III:  Housing Production Programs - Part A:  One- to Four-Family Housing Production Program - Amends the National Housing Act to provide the Secretary, on October 1, 1982, authority to enter into contracts to provide payments to assist low-income families in acquiring home ownership or membership in a cooperative housing project. (Currently, the Secretary is prohibited from entering into new contracts after March 31, 1982.) Allows the Secretary to insure the mortgages of up to 50 percent of the homes in a subdivision if the owners of such homes receive assistance under the emergency housing market stimulation program. Activates such program which authorizes the Secretary to insure mortgages and enter into contracts to provide assistance payments on behalf of mortgagors having a family income of up to 130 percent of the area median income in order to reduce their mortgage payments to 25 percent of their income or to reduce their mortgage interest rates to nine and one-half percent.  Limits:  (1) the aggregate amount of assistance payable under such contracts; and (2) the duration of assistance to any mortgagor to ten years.  Provides that any recaptured assistance shall be deposited into a fund which shall be used to make continued assistance payments to mortgagors who are unable to make full mortgage payments after receiving assistance for ten years. Part B:  Multifamily Housing Production Program - Rental Housing Production and Rehabilitation Act  of 1982 - Directs the Secretary to provide financial assistance to State and local governments to be used to stimulate the construction and rehabilitation of multifamily rental housing projects and cooperative housing projects in areas experiencing a severe shortage of rental housing for persons without other reasonable and affordable housing alternatives in the private market.  Directs State and local governments which receive such assistance to provide such projects capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project debt service cost. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance.  Requires the amount of assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Requires the owner of an assisted project to agree that for the first 15 years of the project:  (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of their eligibility for Federal housing assistance; and (4) units will not be converted to condominium ownership. Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Declares that mortgages for such projects are insurable under the National Housing Act.  Requires rent charges for project units to be approved by the Secretary.  Limits such charges to 30 percent of a tenant's adjusted income. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983. Title IV: Rural Housing - Amends the Housing Act of 1949 to authorize appropriations for FY 1983 to the Secretary of Agriculture:  (1) to insure and guarantee loans for rural housing, with certain restrictions; (2) to make loans and grants for improvements of rural housing; (3) to provide financal assistance for the provision of low-rent housing for domestic farm labor; (4) to make grants or contracts for the development of programs to assist low-income persons in benefiting from housing programs in rural areas; (5) for programs of mutual and self-help in rural areas; and (6) for the Self-Help Housing Land Development Fund. Extends the authority of the Secretary of Agriculture to:  (1) insure loans to provide rental housing for persons of moderate income; (2) insure loans for housing and buildings on adequate farms; and (3) make assistance payments to owners of low-income rental housing projects, with a specified amount of FY 1983 assistance earmarked for domestic farm labor and elderly or handicapped persons who are tenants of newly constructed or substantially rehabilitated housing. Eliminates use of the Rural Housing Fund for specified rural housing programs. Revises the maximum rental charge for certain assisted rural housing to the highest of:  (1) 30 percent of the family's monthly adjusted income; (2) ten percent of the family's monthly income; or (3) the portion of the family's welfare payment designated for housing costs. Provides that interest credits for low- or moderate-income persons who receive rural housing mortgage loans may not exceed the lesser of:  (1) the person's mortgage payments after applying 20 percent of his or her adjusted income; or (2) the person's mortgage payments exceeding what those payments would be if the mortgage were to bear one percent interest. Directs the Secretary of Agriculture, when determining whether to provide housing assistance to domestic farm laborers in an area, to consider the housing needs for only those persons. Title V:  Program Amendments and Extensions - Amends the National Housing Act to extend the authority of the Secretary to insure loans for mortgages and home improvement, to make assistance payments for emergency stimulation of the housing market, and to establish the maximum interest rates for certain mortgage insurance programs. Amends the Emergency Home Purchase Assistance Act of 1974 to extend the authority of the Secretary to direct the Government National Mortgage Association to purchase mortgages and securities. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research for the Department of Housing and Urban Development in fiscal year 1982. Amends the National Housing Act to increase the amount of funds authorized to be appropriated to cover losses sustained by the General Insurance Fund. Amends the Federal National Mortgage Association Charter Act to extend the authority of the GNMA to guarantee mortgage-backed securities issued by the Federal National Mortgage Association (FNMA). Amends the Energy Conservation in Existing Buildings Act of 1976 to earmark for the weatherization program for FY 1983 a specified amount of the funds authorized to be appropriated for energy conservation under the Omnibus Budget Reconciliation Act of 1981. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program until September 30, 1983, and to authorize appropriations for various insurance studies during FY 1983. Amends the National Housing Act to extend the Secretary's authority:  (1) to carry out the Federal riot insurance program and the Federal crime insurance program until September 30, 1983; and (2) to continue riot and crime insurance policies written prior to such date until September 30, 1986.  Limits the appropriations authorized for such programs for FY 1982. Amends the Housing and Urban Development Act of 1968 to limit the appropriations authorized for FY 1983 for counseling and technical assistance programs for low- and moderate-income families with respect to housing. Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to require the limitation on the maximum principal obligation of a conventional mortgage in which the FNMA or the Federal Home Loan Mortgage Corporation may purchase a participating interest to be calculated without regard to the interest purchased by either such corporation.  Authorizes such corporations to purchase conventional mortgages secured by a second lien against an owner-occupied residence. Specifies limitations on the maximum principal obligation of such mortgages. Title VI:  Emergency Mortgage Relief - Amends the Emergency Housing Act of 1975 to rewrite such act as the Homeowners' Emergency Relief Act. Directs the Secretary to make emergency mortgage relief payments to mortgagees on behalf of certain delinquent mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board.  Provides for the discontinuation and reinstitution of such assistance program depending on such deliquency rate condition. Lists the conditions for assistance eligibility, which include requirements that:  (1) the mortgage is not federally insured under the National Housing Act; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which render the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistance is necessary to avoid foreclosure and that it is likely that the mortgagor will be able to resume full mortgage payments within 24 months, commence repaying such assistance at a designated time, and pay the mortgage in full by its maturity date. Limits:  (1) the amount of mortgage assistance payments to an amount necessary to supplement the amount the mortgagor is capable of contributing; and (2) the length of such payments to 12 months plus any period of default, with a 12-month extension authorized. Directs the Secretary to establish procedures for the periodic review of the mortgagor's financial circumstances to determine whether such payments should be terminated or adjusted. Declares that all assistance payments shall be secured by a lien on the property and repayable on terms prescribed by the Secretary.  Sets forth the authority of the Secretary to recapture such assistance. States that a previously assisted morgagor shall be eligible for renewed assistance only if such mortgagor has made full mortgage payments for at least 12 months after the previous assistance was terminated. Limits the aggregate amount of assistance the Secretary is authorized to provide over the duration of assistance contracts.  Prohibits the Secretary from entering such contracts after September 30, 1983. Requires the Secretary and specified agencies to waive or relax limitation pertaining to the operations of certain mortgagees and financial institutions with respect to mortgage delinquencies in order to encourage forebearance in residential mortgage loan foreclosure. Requires the Secretary to report to Congress every 60 days prior to October 1, 1983, on:  (1) the rate of delinqencies and foreclosures in various housing markets; (2) the prospects of voluntary forebearance by mortgagees in such areas; (3) Government actions to encourage such forebearance and to provide assistance under this title; and (4) the default status of mortgages on multifamily properties with recommendations on caring and avoiding such defaults. Directs the Secretary to study and report on the use of alternative mortgage delinquency series under this title.",2025-08-29T19:49:37Z,
97-s-2168,97,s,2168,A bill to amend section 235 of the National Housing Act.,Housing and Community Development,1982-03-04,1982-03-09,Committee on Banking requested executive comment from HUD.,Senate,"Sen. Bradley, Bill [D-NJ]",NJ,D,B001225,0,Amends the National Housing Act to change the deadline for firm commitments on certain mortgage subsidy projects to be developed on land owned by a sponsor that is a charitable organization.,2025-01-14T18:20:21Z,
97-s-2171,97,s,2171,Rental Housing Production and Rehabilitation Act of 1982,Housing and Community Development,1982-03-04,1982-05-06,Committee on Banking. Provisions of measure incorporated into measure S. 2607 ordered to be reported.,Senate,"Sen. Dodd, Christopher J. [D-CT]",CT,D,D000388,1,"Rental Housing Production and Rehabilitation Act of 1982 - Directs the Secretary of Housing and Urban Development to provide financial assistance to State and local governments to be used to stimulate the contruction and rehabilitation of multifamily rental housing projects and cooperative housing projects in areas experiencing a severe shortage of rental housing for persons without other reasonable and affordable housing alternatives in the private market.  Directs State and local governments to provide such projects capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project debt service cost. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance. Requires the amount of assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Lists conditions for receiving assistance under this Act, including requirements that a project owner agree that for the first 15 years of the project: (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of eligibility for Federal housing assistance; and (4) units will not be converted to condominium ownership. Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Declares that mortgages for such projects are insurable under the National Housing Act. Requires rent charges for project units to be approved by the Secretary. Limits such charges to 30 percent of a tenant's adjusted income.  Requires tenants to be provided written notice 30 days prior to any rent increase. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983.",2025-08-29T19:51:28Z,
97-hr-5708,97,hr,5708,Olympic Coin Act of 1982,Housing and Community Development,1982-03-03,1982-03-31,House Disagreed to Senate Amendments by Unanimous Consent.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,13,"(House disagreed to Senate amendment) Amends the National Housing Act to repeal a provision prohibiting the Secretary of Housing and Urban Development, after March 31, 1982, from entering into new contracts to provide periodic mortgage assistance payments to assist lower income families in acquiring home ownership or membership in a cooperative housing association.",2024-02-06T19:38:08Z,
97-hr-5676,97,hr,5676,"A bill to authorize, on an emergency basis, the Government National Mortgage Association to provide assistance with respect to certain mortgages secured by newly constructed homes, and for other purposes.",Housing and Community Development,1982-03-02,1982-03-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. O'Brien, George M. [R-IL-17]",IL,R,O000010,5,"Amends the Federal National Mortgage Association Charter Act to authorize the Secretary of Housing and Urban Development to direct the Government National Mortgage Association to provide financial assistance to mortgagors by reducing the mortgage payments for certain new homes to amounts the payments would equal if the interest rates on such mortgages were 12 percent. Directs the Association to provide such assistance by:  (1) purchasing and servicing mortgages; or (2) making payments to mortgagees on the principal of or interest on mortgage loans. Requires the Association to recapture the lesser of the amount of assistance provided to a mortgagor or 50 percent of the net appreciation of the assisted property whenever the property is sold or refinanced or whenever the property is no longer the mortgagor's principal place of residence. Directs the Secretary to provide that:  (1) assistance is allocated among the regions of the country on the basis of each region's inventory of unsold housing and building permits issued for newly constructed homes; (2) no mortgagor receives more than $6,000 in assistance; and (3) modest homes and small home building operations are priority assistance recipients. Directs the Association to provide such assistance in FY 1982 and FY 1983 by using the authority provided for such years to carry out the low-rent public housing loan fund under the United States Housing Act of 1937.",2024-02-06T19:38:08Z,
97-sres-329,97,sres,329,A resolution relating to the housing industry.,Housing and Community Development,1982-03-02,1982-03-02,Referred to the Committee on Banking.,Senate,"Sen. Byrd, Robert C. [D-WV]",WV,D,B001210,0,Expresses the sense of the Senate that there shall be no further reduction in Federal support for housing and no additional cuts in the authority of the Federal Housing Administration and the Government National Mortgage Association or in the rural housing and the elderly or handicapped programs.,2025-01-14T18:20:21Z,
97-hr-5598,97,hr,5598,Homeowners Emergency Relief Act of 1982,Housing and Community Development,1982-02-24,1982-03-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,20,"Homeowners' Emergency Relief Act of 1982 -  Amends the Emergency Housing Act of 1975 to direct the Secretary of Housing and Urban Development to make emergency mortgage relief payments for certain mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all mortgage loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board. Directs the Board to submit delinquency information to the Secretary and Congress monthly.  Provides for the discontinuation and resumption of such assistance program depending on such delinquency rate condition. Lists conditions for assistance eligibility which include requirements that:  (1) the mortgage is not federally insured under title II of the National Housing Act; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which render the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistance is necessary to avoid foreclosure and that it is likely that the mortgagor will be able to resume full mortgage payments within 24 months, commence repaying such assistance at a designated time, and pay the mortgage in full by its maturity date. Limits:  (1) the amount of mortgage assistance payments to an amount necessary to supplement the amount the mortgagor is capable of contributing; and (2) the length of such payments to 12 months plus any period of default, with a 12-month extension authorized. Directs the Secretary to establish procedures for the periodic review of the mortgagor's financial circumstances to determine whether such payments should be terminated or adjusted. Declares that all assistance payments shall be secured by a lien on the property and repayable on terms prescribed by the Secretary.  Sets forth the authority of the Secretary to recapture such assistance. States that a previously assisted mortgagor shall be eligible for renewed assistance only if such mortgagor has made full mortgage payments for at least 12 months after the previous assistance was terminated. Limits the aggregate amount of assistance the Secretary is authorized to provide over the duration of assistance contracts.  Prohibits the Secretary from entering such contracts after September 30, 1983. Requires the Secretary and specified agencies to waive or relax limitations pertaining to the operations of certain mortgagees and financial institutions with respect to mortgage delinquencies in order to encourage forebearance in residential mortgage loan foreclosure. Requires the Secretary to report to Congress every 60 days prior to October 1, 1983, on:  (1) the rate of delinquencies and foreclosures in various housing markets; (2) the prospects of voluntary forebearance by mortgagees in such areas; (3) Government actions to encourage such forebearance and to provide assistance under this title; and (4) the default status of mortgages on multifamily properties with recommendations on remedying and avoiding such defaults. Directs the Secretary to study, and report to Congress on, the use of alternative mortgage delinquency series under this title.",2025-08-29T19:49:32Z,
97-hr-5568,97,hr,5568,Home Mortgage Capital Stability Act,Housing and Community Development,1982-02-23,1982-03-31,Subcommittee Hearings Held.,House,"Rep. St Germain, Fernand J. [D-RI-1]",RI,D,S000762,42,"Home Mortgage Capital Stability Act - Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation to purchase capital participation notes from, and make earnings stabilization payments to, any insured bank determined eligible under this Act. Limits eligibility for such assistance to any insured bank:  (1) whose net worth is less than two percent of its assets; (2) which has sustained earnings losses for any two consecutive quarters during a specified time period, althoug its prospects for long term viability remain reasonably good; and (3) at least 20 percent of whose loan portfolio consists of mortgages secured by property occupied by a one-to-four-family residence or by individual condominium or cooperative units. Prescribes the requirements of any assistance agreement between the Corporation and such a bank, including a requirement that at least 50 percent of annual net new deposits be used to issue mortgages to first-time home buyers for condominium or cooperative units or for property occupied by a one-to-four-family residence. Requires the capital participation notes purchased by the Corporation from an insured bank to be in an amount equal to the difference between such bank's net worth and two percent of its assets. Requires that all amounts received from the sale of capital participation notes be used to increase such bank's net worth. Permits the Corporation, during the two-year period following its purchase of such notes, to make quarterly earnings stabilization payments to such a bank in an amount equal to the earnings losses incurred by the bank during the previous quarter.  Allows continued earnings stabilization payments after such two-year period only if the Corporation certifies that the continued earnings losses involved are caused by general market conditions and not by the banks's own actions. Requires an insured bank to begin repaying the Corporation the amounts received plus interest after its net worth reaches three percent of its assets or five years have passed since it first received assistance.  Sets the total annual repayment amount at not less than half the bank's net income after taxes.  Prohibits such a bank with a stock form of ownership from paying dividends to its shareholders while it owes any amount to the Corporation. Amends the National Housing Act and the Federal Credit Union Act to authorize the Federal Savings and Loan Insurance Corporation and the National Credit Union Administration Board to provide similar assistance to insured savings and loan associations and Federal credit unions in similar circumstances. Establishes in the Treasury a Home Mortgage Capital Stability Fund for use as a revolving fund by the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board, and the National Credit Union Administration for the purposes of this Act.  Requires quarterly reports to each House of Congress by each of such users. Authorizes appropriations.",2025-08-29T19:49:32Z,
97-hr-5534,97,hr,5534,A bill to prohibit the foreclosure of certain mortgages insured under title II of the National Housing Act.,Housing and Community Development,1982-02-10,1982-02-16,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Savage, Gus [D-IL-2]",IL,D,S000081,0,"Directs the Secretary of Housing and Urban Development to make the mortgage payments for any mortgagor who:  (1) defaults on a federally- insured mortgage on a one to four-family home; (2) resides in an area for which the average unemployment rate exceeds the national rate by 20 percent or more for six months prior to such default; and (3) is unemployed for at least six months or suffers greater than a 50 percent reduction in family income. Directs the Secretary to: (1) begin such payments upon being notified that the mortgage is in default; and (2) continue such payments for not more than 36 months until the mortgagor's family income exceeds 80 percent of its average income for the two tax years preceding such payments. Disqualifies any mortgagor whose family income for such period exceeds $30,000. Provides for the repayment of such assistance by the mortgagor. Prohibits assistance payments to a mortgagor in a State which does not collect and analyze unemployment data and submit such data and analysis to the Secretary semiannually. Requires the Secretary to designate areas where assistance may be provided under this Act.",2024-02-06T19:38:08Z,
97-s-2068,97,s,2068,A bill to amend the National Housing Act to authorize the insurance of certain shared appreciation mortgages.,Housing and Community Development,1982-02-04,1982-03-09,Committee on Banking requested executive comment from HUD.,Senate,"Sen. Dodd, Christopher J. [D-CT]",CT,D,D000388,0,"Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure a shared appreciation mortgage secured by a first lien on real property.  Directs the Secretary to give priority to insuring such mortgages for tenants who may be involuntarily displaced by the conversion of rental housing to cooperative or condominium housing. Lists the insurance eligibility requirements for such a mortgage, including requirements that the mortgage shall:  (1) be amortized over no more than 30 years; (2) have an actual term of not less than ten nor more than 30 years; (3) include provisions for refinancing the mortgage before the actual term expires; and (4) be executed by a purchaser who has not owned a home during the three previous years and whose income does not exceed 120 percent of the median area income. Directs the Secretary to prescribe consumer protections and disclosure requirements with respect to such mortgages.",2025-01-14T18:20:21Z,
97-hr-5433,97,hr,5433,A bill to amend the United States Housing Act of 1937 in order to provide public housing agencies more flexibility in the use of funds allocated to them.,Housing and Community Development,1982-02-03,1982-02-16,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Annunzio, Frank [D-IL-11]",IL,D,A000212,0,Amends the United States Housing Act of 1937 to permit public housing agencies to use all or part of the Federal funds allocated to them for the development and acquisition of lower income housing projects (excluding those funds provided for assistance payments to owners of such projects or comprehensive improvement assistance) to pay for the operation of such projects.,2024-02-06T19:38:08Z,
97-hr-5352,97,hr,5352,A bill to direct the Secretary of Housing and Urban Development to prevent the foreclosure of one- to four-family mortgages insured under title II of the National Housing Act.,Housing and Community Development,1982-01-26,1982-02-16,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Savage, Gus [D-IL-2]",IL,D,S000081,0,"Amends the National Housing Act to require the Secretary of Housing and Urban Development, in order to avoid foreclosure of a federally-insured mortgage on a one-to four-family residence, to:  (1) make temporary mortgage payments for an individual who defaults on such a mortgage; or (2) purchase the mortgage and provide mortgage assistance to such individual.  (Currently such authority is discretionary.)  Limits the interest charge on such assistance payments. Declares that expenditures from the appropriate mortgage insurance fund to make such temporary mortgage assistance payments do not require prior approval in appropriation acts.  Authorizes appropriations for losses sustained by such fund.",2024-02-06T19:38:08Z,
97-hr-5309,97,hr,5309,"A bill to authorize, on an emergency basis, the Government National Mortgage Association to provide assistance with respect to certain mortgages secured by newly constructed, unsold homes.",Housing and Community Development,1982-01-25,1982-02-16,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Addabbo, Joseph P. [D-NY-7]",NY,D,A000052,0,"Amends the Federal National Mortgage Association Charter Act to authorize the Secretary of Housing and Urban Development to direct the Government National Mortgage Association, during fiscal year 1982, to provide financial assistance to mortgagors by reducing the mortgage payments for certain new homes to amounts the payments would equal if the interest rates on such mortgages were 12 percent.  Directs the Association to provide such assistance by:  (1) purchasing and servicing mortgages; or (2) making payments to mortgagees on the principal of or interest on mortgage loans. Requires the Association to recapture the lesser of the amount of assistance provided to a mortgagor or 50 percent of the net appreciation of the assisted property whenever the property is sold or refinanced or whenever the property is no longer the mortgagor's principal place of residence. Directs the Secretary to provide that:  (1) assistance is allocated among the regions of the country on the basis of each region's inventory of unsold, newly constructed homes; (2) the amount of assistance provided to any mortgagor shall not exceed $6,000; and (3) priority for assistance is given to first-time buyers who could not otherwise afford to buy and who are purchasing modest homes constructed by small homebuilders.",2024-02-06T19:38:08Z,
97-hr-5212,97,hr,5212,A bill to amend section 235 of the National Housing Act.,Housing and Community Development,1981-12-14,1981-12-31,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Schumer, Charles E. [D-NY-16]",NY,D,S000148,0,"Amends the National Housing Act to permit the Secretary of Housing and Urban Development to enter into contracts to provide housing assistance payments for lower income families after March 31, 1982, with respect to housing developed on land which was owned by a local government on September 30, 1981.",2024-02-06T19:38:08Z,
97-hconres-232,97,hconres,232,"A concurrent resolution expressing support for Federal housing programs for needy, elderly, and handicapped families.",Housing and Community Development,1981-12-09,1982-02-16,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Gejdenson, Sam [D-CT-2]",CT,D,G000120,23,Expresses the sense of Congress that Federal programs to provide lower-income housing assistance and loans for housing for elderly and handicapped families should not be terminated or reduced unless they are replaced by other programs.,2024-02-06T19:38:08Z,
97-hr-5150,97,hr,5150,"A bill to authorize, on an emergency basis, the Government National Mortgage Association to provide assistance with respect to certain mortgages secured by newly constructed unsold homes.",Housing and Community Development,1981-12-09,1981-12-15,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Emerson, Bill [R-MO-10]",MO,R,E000174,55,"Amends the Federal National Mortgage Association Charter Act to authorize the Secretary of Housing and Urban Development to direct the Government National Mortgage Association, during fiscal year 1982, to provide financial assistance to mortgagors by reducing the mortgage payments for certain new homes to amounts the payments would equal if the interest rates on such mortgages were 12 percent.  Directs the Association to provide such assistance by:  (1) purchasing and servicing mortgages; or (2) making payments to mortgagees on the principal of or interest on mortgage loans. Requires the Association to recapture the lesser of the amount of assistance provided to a mortgagor or 50 percent of the net appreciation of the assisted property whenever the property is sold or refinanced or whenever the property is no longer the mortgagor's principal place of residence. Directs the Secretary to provide that:  (1) assistance is allocated among the regions of the country on the basis of each region's inventory of unsold, newly constructed homes; (2) the amount of assistance provided to any mortgagor shall not exceed $6,000; and (3) priority for assistance is given to first-time buyers who could not otherwise afford to buy and who are purchasing modest homes constructed by small homebuilders.",2024-02-06T19:38:08Z,
97-sconres-51,97,sconres,51,A concurrent resolution relating to the Federal involvement in housing.,Housing and Community Development,1981-12-07,1981-12-07,Referred to Senate Committee on Banking.,Senate,"Sen. Williams, Harrison A., Jr. [D-NJ]",NJ,D,W000502,12,Declares that Congress reaffirms the Government's role in improving housing opportunities and social and economic conditions in distressed communities by:  (1) supporting Federal efforts to meet specialized housing needs; (2) preserving the traditional roles of Federal mortgage insurance and secondary market programs; and (3) maintaining an important role for the community development block grant program and the urban development action grant program.,2025-01-14T18:20:21Z,
97-hr-5090,97,hr,5090,A bill to remove the limitation on the number of families with incomes between 50 percent and 80 percent of median area income who are eligible for federally assisted housing.,Housing and Community Development,1981-11-21,1981-12-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Molinari, Guy [R-NY-17]",NY,R,M000842,10,Amends the United States Housing Act of 1937 to repeal provisions limiting the number of public housing units available to families with incomes between 50 and 80 percent of the median area income.,2024-02-06T19:38:08Z,
97-hres-284,97,hres,284,A resolution expressing the sense of the House of Representatives that the President of the United States and the Secretary of Housing and Urban Development should not restrict the Federal Housing Administration mortgage insurance programs or the Government National Mortgage Association's mortgage-backed securities program below the levels authorized for such programs by the Congress.,Housing and Community Development,1981-11-21,1981-12-01,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,18,Expresses the sense of the House of Representatives that the President and the Secretary of Housing and Urban Development should not restrict the Federal Housing Administration's mortgage insurance programs or the Government National Mortgage Association's mortgage-backed securities program below the levels authorized by Congress.,2024-02-06T19:38:08Z,
97-hr-5023,97,hr,5023,A bill to authorize the use of Community Development Block Grant funds for the construction of residential housing.,Housing and Community Development,1981-11-18,1981-12-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Pashayan, Charles, Jr. [R-CA-17]",CA,R,P000097,6,Amends the Housing and Community Development Act of 1974 to authorize the use of community development block grant funds for the construction of residential housing.,2024-02-06T19:38:08Z,
97-hr-5024,97,hr,5024,"A bill to repeal the limitation on the number of families with incomes between 50 and 80 percent of median income who may receive assistance under the United States Housing Act of 1937, and for other purposes.",Housing and Community Development,1981-11-18,1981-12-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Rosenthal, Benjamin S. [D-NY-8]",NY,D,R000442,0,Amends the United States Housing Act of 1937 to repeal provisions limiting the number of public housing units available to families with incomes between 50 and 80 percent of the median area income. Directs the Secretary of Housing and Urban Development to establish management practices to enable each public housing agency to include families with a broad range of incomes in its housing projects in a manner which serves the needs of lower income families in the area.,2024-02-06T19:38:08Z,
97-hr-5026,97,hr,5026,A bill to amend the National Housing Act to extend certain loan mortgage insurance programs to American Samoa.,Housing and Community Development,1981-11-18,1981-12-01,Referred to Subcommittee on Housing and Community Development.,House,"Del. Sunia, Foto I. F. [D-AS-At Large]",AS,D,S001077,8,Amends the National Housing Act to extend to American Samoa certain Federal programs providing home improvement loans and mortgage insurance.,2024-02-06T19:38:08Z,
97-hr-5000,97,hr,5000,Escrow Interest Act,Housing and Community Development,1981-11-17,1981-12-01,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Annunzio, Frank [D-IL-11]",IL,D,A000212,0,"Escrow Interest Act - Requires any person who holds a first lien on single-family residential real property, on stock in a residential cooperative housing corporation, or on a residential manufactured home and who requires funds to be held in escrow for purposes of paying any applicable taxes or insurance, to place such funds in an account which is insured by the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, or the National Credit Union Administration and which pays interest at a rate of not less than five and one-quarter percent.",2025-08-29T19:49:21Z,
97-hr-4937,97,hr,4937,A bill to reestablish the tenant rental payment and income review requirements which were in effect with respect to federally assisted housing programs before the Housing and Community Development Amendments of 1981.,Housing and Community Development,1981-11-10,1981-12-01,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Schumer, Charles E. [D-NY-16]",NY,D,S000148,0,"Amends the United States Housing Act of 1937 to provide that occupant income limits and rents for public housing units shall be fixed by the appropriate public housing agency and approved by the Secretary of Housing and Urban Development.  Limits such rents to 25 percent of the income of a very low income family or 30 percent at the income of other families.  Sets minimum rents at the higher of:  (1) five percent of the family's gross income; or (2) the portion of the family's welfare assistance designated for housing costs. Specifies amounts to be excluded from family income. Requires that contracts for annual contributions to low income housing projects require the appropriate public housing agency to review the family income of project occupants biennially (currently annually). Establishes the amount of monthly assistance payments to owners who provide housing for lower-income families as the difference between the maximum rent the owners may charge under terms of the assistance contract and an amount to be established by the Secretary equal to:  (1) between 15 and 25 percent of the income of a very low income family; (2) 15 percent of the income of a large very low income family or lower income family with exceptional medical or other expenses; (3) 20 percent of the income of a very large lower income family; or (4) between 20 and 30 percent of the income of other families. Amends the National Housing Act to require the Secretary to conduct a biennial (currently annual) review of the income of lower income families living in projects receiving mortgage interest assistance payments.  Changes the maximum rent for a unit of such a project to 25 percent of the tenant's income, and the minimum rent of a unit with metered utilities to 20 percent of the tenant's income.  Directs the Secretary to make additional assistance payments if required to reduce a tenant's rental payment to 25 percent of the tenant's income.  Prohibits reducing such payment below the tenant's utility costs, except in certain circumstances. Amends the Housing and Urban Development Act of 1965 to increase annual rent supplement payments for qualified lower income families to the amount by which the fair market rent of a project unit exceeds 25 percent of the tenant's income. Requires the Secretary to recertify the income of tenants of projects receiving rent supplements biennially (currently annually). Directs the Secretary to use regulations in effect on July 31, 1981, to determine rental payments under this Act.",2024-02-06T19:38:08Z,
97-hr-4737,97,hr,4737,A bill to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.,Housing and Community Development,1981-10-14,1981-11-05,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Carman, Gregory W. [R-NY-3]",NY,R,C000158,0,"Amends the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to remove the limitation on the cumulative amount of conventional mortgages which are more than one year old that the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association may purchase.  Provides for the purchase of such mortgages from the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, and the National Credit Union Administration.",2024-02-06T19:38:08Z,
97-hr-4744,97,hr,4744,A bill to establish an Office of Housing for the Elderly within the Department of Housing and Urban Development.,Housing and Community Development,1981-10-14,1981-11-13,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Roybal, Edward R. [D-CA-25]",CA,D,R000485,36,"Amends the Department of Housing and Urban Development Act to establish, within the Department, an Office of Housing for the Elderly.  Lists the responsibilities of the Office which include coordinating housing programs for the elderly and representing the Assistant Secretary for Housing on matters concerning housing for the elderly. Directs the Assistant Secretary to establish an Advisory Committee on Housing for the Elderly. Requires the Secretary of Housing and Urban Development Act to submit to Congress an annual report on housing for the elderly.",2024-02-06T19:38:08Z,
97-hr-4720,97,hr,4720,A bill to amend the United States Housing Act of 1937.,Housing and Community Development,1981-10-07,1981-11-05,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Schumer, Charles E. [D-NY-16]",NY,D,S000148,3,"Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development, pursuant to applications submitted by State or local governments, to provide second mortgage loans or other assistance to owners of multifamily rental housing projects to assist in financing the construction or rehabilitation of such projects.  States that such a loan shall not be amortized, but repayable with simple interest after 30 years.  Sets forth conditions for making such a loan for a project, including the owner's agreement to pass on to the tenants the savings resulting from the reduction in debt service payments. Declares that the first mortgage on such a project may be Federally insured under the National Housing Act. Directs the Secretary to consider the population and market conditions of an area when allocating such assistance in order to provide adequate assistance, in areas in short supply of rental housing. Prohibits the Secretary from providing such assistance to a local government which has not demonstrated satisfactory progress in meeting its assisted housing needs. Requires the Secretary's approval of rents charged for units of assisted projects. Requires the Secretary to report to Congress on the design and workability of the program established by this Act as a housing development incentive. Authorizes appropriations.",2024-02-06T19:38:08Z,
97-hr-4725,97,hr,4725,A bill to provide that State law shall apply to the enforcement of due-on-sale clauses by national banks.,Housing and Community Development,1981-10-07,1981-11-05,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Stark, Fortney Pete [D-CA-9]",CA,D,S000810,11,"Declares that, after the date of the enactment of this Act, State law shall apply to the enforcement of any due-on-sale clause, or any other similar provision, contained in:  (1) any mortgage which secures sums borrowed from a national bank; or (2) any promissory note which serves as evidence of sums borrowed from a national bank.",2024-02-06T19:38:08Z,
97-hr-4728,97,hr,4728,A bill to amend the Federal Reserve Act to provide that the enforceability of due-on-sale clauses contained in fixed-rate real estate loans made by national banking associations shall be determined under State Law.,Housing and Community Development,1981-10-07,1981-11-05,"Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.",House,"Rep. Weber, Vin [R-MN-6]",MN,R,W000237,37,Amends the Federal Reserve Act to declare that the enforceability in any State of any due-on-sale clause contained in any fixed-rate real estate loan made or purchased by any national banking association shall be determined under the law of such State.,2024-02-06T19:38:08Z,
97-s-1702,97,s,1702,FHA Revitalization Act of 1981,Housing and Community Development,1981-10-05,1981-11-19,Subcommittee on Housing and Urban Affairs. Hearings held.,Senate,"Sen. Lugar, Richard G. [R-IN]",IN,R,L000504,2,"FHA Revitalization Act of 1981 - Title I: General Authority - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure a home loan or mortgage that has an adjustable interest rate, is required to be refinanced before the end of amortization, involves the payment of discount points to reduce the interest rate, or is otherwise currently ineligible for insurance under such Act. Prohibits the Secretary from providing such insurance to a person who has owned a dwelling within the previous three years. Increases the maximum amounts of mortgages for two, three, and four- family residences which are eligible for insurance. Title II:  Five-Year Mortgages - Authorizes the Secretary to insure mortgages which mature, but are not fully amortized, in five years or less and which bear a constant rate of interest.  Declares that such a mortgage may be refinanced.  Permits the Secretary to insure the mortgage executed to refinance such earlier mortgage. Title III:  Condominiums - Eliminates the requirement that a multifamily project must have had a federally insured mortgage or must have qualified for a Veterans Administration loan or guarantee before one of its single-family units can qualify for Federal mortgage insurance. Authorizes the Secretary to insure a blanket mortgage on a new multifamily project involving a principal obligation of an amount not exceeding 70 percent of the project's property value which includes the value of units rented by the developer for not more than five years and units owned by investors. Title IV:  Mortgage Insurance for Homes on Leased Land - Authorizes the Secretary to insure the mortgage of a home on leased land where the home owner has an option to buy the land. Title V:  Mortgage Insurance on Certain Homes - Authorizes the Secretary to insure a mortgage involving a principal obligation not exceeding 97 percent of the property value.  Requires that a mortgage, to be eligible for insurance, be secured by a dwelling which satisfies standards prescribed under the National Manufactured Housing Construction and Safety Act of 1974 and which has a permanent foundation. Decreases to 30 years the maximum maturity period of an eligible mortgage. Title VI: Property Standards - Authorizes the Secretary to insure a loan to acquire, for the purpose of rehabilitation, a property which is 30 or more years old if it complies with local health and safety codes.  Allows the borrower to refinance such loan within five years. Provides conditions for insurance of the loan to refinance.",2025-08-29T19:51:17Z,
97-hr-4617,97,hr,4617,A bill to reestablish the tenant rental payment and income review requirements which were in effect with respect to federally assisted housing programs before the Housing and Community Development Amendments of 1981.,Housing and Community Development,1981-09-29,1981-10-09,Referred to Subcommittee on Housing and Community Development.,House,"Rep. Frank, Barney [D-MA-4]",MA,D,F000339,39,"Amends the United States Housing Act of 1937 to provide that occupant income limits and rents for public housing units shall be fixed by the appropriate public housing agency and approved by the Secretary of Housing and Urban Development.  Limits such rents to 25 percent of the income of a very low income family or 30 percent at the income of other families.  Sets minimum rents at the higher of:  (1) five percent of the family's gross income; or (2) the portion of the family's welfare assistance designated for housing costs. Specifies amounts to be excluded from family income. Requires that contracts for annual contributions to low income housing projects require the appropriate public housing agency to review the family income of project occupants biennially (currently annually). Establishes the amount of monthly assistance payments to owners who provide housing for lower-income families as the difference between the maximum rent the owners may charge under terms of the assistance contract and an amount to be established by the Secretary equal to:  (1) between 15 and 25 percent of the income of a very low income family; (2) 15 percent of the income of a large very low income family or lower income family with exceptional medical or other expenses; (3) 20 percent of the income of a very large lower income family; or (4) between 20 and 30 percent of the income of other families. Amends the National Housing Act to require the Secretary to conduct a biennial (currently annual) review of the income of lower income families living in projects receiving mortgage interest assistance payments.  Changes the maximum rent for a unit of such a project to 25 percent of the tenant's income, and the minimum rent of a unit with metered utilities to 20 percent of the tenant's income.  Directs the Secretary to make additional assistance payments if required to reduce a tenant's rental payment to 25 percent of the tenant's income.  Prohibits reducing such payment below the tenant's utility costs, except in certain circumstances. Amends the Housing and Urban Development Act of 1965 to increase annual rent supplement payments for qualified lower income families to the amount by which the fair market rent of a project unit exceeds 25 percent of the tenant's income. Requires the Secretary to recertify the income of tenants of projects receiving rent supplements biennially (currently annually). Directs the Secretary to use regulations in effect on July 31, 1981, to determine rental payments under this Act.",2024-02-06T19:38:08Z,
97-s-1670,97,s,1670,Equal Access to Housing Act of 1981,Housing and Community Development,1981-09-28,1981-10-02,Committee on Judiciary. Referred jointly to the Subcommittee on Separation of Powers for the purpose only of considering those aspects of Section 9 thereof which affect the division of power between state and federal governments.,Senate,"Sen. Hatch, Orrin G. [R-UT]",UT,R,H000338,0,"Equal Access to Housing Act of 1981 - Enacts into law the short title ""Civil Rights Act of 1968.""  Entitles title VIII of the Civil Rights Act the ""Equal Access to Housing Act."" Revises the express policy of title VIII to provide for ""equal access to"" instead of ""fair"" housing.  States that this policy does not mean assurance of housing for any particular proportion of individuals of a certain race, color, religion, sex, handicap, or national origin. Defines ""aggrieved person"" as a person whose bona fide attempt to buy, sell, lease, or finance a dwelling has been denied on a discriminatory basis. Adds the physically handicapped as a protected class of persons.  Excludes from the meaning of ""handicap"" any impairment consisting of alcohol or drug abuse or which would be a threat to the property or safety of others. Defines discriminatory practices with respect to the handicapped.  States that discrimination shall not include refusals to:  (1) make alterations at the expense of sellers, landlord owners, or persons acting on their own behalf; (2) make modifications which would unreasonably inconvenience others; or (3) allow modifications which alter the marketability of a dwelling. Extends the housing financing discrimination prohibition to include real estate appraisers. States that it is not unlawful for appraisers to take into consideration all factors relevant to estimating fair market value, provided that such factors are not used for discriminatory purposes. Limits coverage of title VIII to actions taken with a discriminatory intent or purpose. Transfers all authority for administering title VIII from the Department of Housing and Urban Development to the Justice Department. Establishes a one-House congressional veto procedure for regulations promulgated by the Attorney General for compliance purposes. Sets forth new enforcement procedures for title VIII complaints. Permits an aggrieved person or the Attorney General on his own initiative to file a discriminatory housing practice complaint (currently, Justice Department complaints are limited to ""patterns or practices"" of discrimination). Requires the Attorney General to refer title VIII charges to certified State or local agencies which have jurisdiction.  Prohibits the Attorney General from conditioning certification on the agency's agreement to waive its exclusive authority over housing discrimination. Requires the Attorney General to endeavor to resolve charges by conciliation.  Permits the Attorney General to seek injunctive relief where preliminary investigation reveals that prompt judicial action is necessary. Continues the current authority given to private parties to seek enforcement in Federal district court.  Permits the Attorney General to intervene in any such private action after personal certification that the case is of general public importance. Expresses the sense of Congress that the use of Federal magistrates should be encouraged to the maximum extent feasible to expedite litigation.",2026-01-07T14:44:51Z,
97-hr-4515,97,hr,4515,A bill to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.,Housing and Community Development,1981-09-17,1981-11-05,Ordered to be Reported.,House,"Rep. St Germain, Fernand J. [D-RI-1]",RI,D,S000762,2,"Amends the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to remove the limitation on the cumulative amount of conventional mortgages which are more than one year old that the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association may purchase.  Provides for the purchase of such mortgages from the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, and the National Credit Union Administration.",2024-02-06T19:38:08Z,