legislation: 101-hr-3208

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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
101-hr-3208 101 hr 3208 Recycling of Existing Assets for Cost-Effective Housing Act of 1989 Housing and Community Development 1989-08-04 1989-09-01 Referred to the Subcommittee on Housing and Community Development. House Rep. Vento, Bruce F. [D-MN-4] MN D V000087 23 Recycling of Existing Assets for Cost-Effective Housing Act of 1989 - Authorizes the Secretary of Housing and Urban Development to make grants to establish State revolving funds for: (1) homebuyer loans (priority for first-time or lower-income homebuyers); and (2) multifamily dwelling grants and loans. Requires State matching funds. Prohibits property conveyance for five years. Sets forth property eligibility requirements. Directs the Secretary to make a State listing of such properties available upon request. Requires at least annual program reports by: (1) State housing finance agencies to the Secretary; and (2) the Secretary to the Congress. Requires the General Accounting Office to audit the program at least annually. Authorizes FY 1990 and 1991 appropriations. 2025-08-26T17:24:14Z  

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