legislation: 104-hr-3743
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| 104-hr-3743 | 104 | hr | 3743 | FHA Multifamily Housing Reform Act of 1996 | Housing and Community Development | 1996-06-27 | 1996-07-12 | Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises. | House | Rep. Lazio, Rick [R-NY-2] | NY | R | L000155 | 0 | TABLE OF CONTENTS: Title I: FHA Multifamily Housing Title II: Housing for Special Populations Title III: Extensions of Existing Authority FHA Multifamily Housing Reform Act of 1996 - Title I: FHA Multifamily Housing - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to: (1) insure first (and second) mortgages secured by multifamily housing projects or health care facilities and engage in other credit enhancement activities; and (2) enter into risk-sharing arrangements with qualified participating entities and housing finance agencies. Sets forth program provisions. Title II: Housing for Special Populations - Amends the Housing Act of 1959 and the Cranston-Gonzalez National Affordable Housing Act to: (1) reduce the term of rental assistance contracts for supportive housing for the elderly and for supportive housing for persons with disabilities; and (2) establish environmental review requirements for such programs. Title III: Extensions of Existing Authority - Amends the National Housing Act to extend: (1) auction authority; and (2) authority to transfer excess receipts to the flexible subsidy program. | 2025-08-21T20:17:12Z |