legislation: 106-s-1319

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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
106-s-1319 106 s 1319 Save My Home Act of 1999 Housing and Community Development 1999-07-01 1999-07-01 Subcommittee on Housing and Transportation. Hearings held. Senate Sen. Bond, Christopher S. [R-MO] MO R B000611 1 Save My Home Act of 1999 - Authorizes the Secretary of Housing and Urban Development to renew project-based rental housing contracts under section 8 of the United States Housing Act of 1937 at up to market levels. Directs the Secretary to: (1) offer to renew expired section 8 contracts at up to market levels in low-vacancy areas or areas with concentrations of elderly or disabled families; and (2) establish certain market rents. Authorizes ten-year section 8 contract renewals. (Sec. 5) Directs the Secretary to make enhanced voucher assistance (as defined by this Act) available for residents of projects with certain expiring section 8 contracts in low-vacancy areas, and authorizes such assistance for other covered low-income residents. Authorizes appropriations. (Sec. 6) Sets forth market value rent appraisal requirements. Directs the Secretary to establish an Appraisal Clearinghouse to collect data and develop model appraisal standards. (Sec. 7) Establishes appraisal-related staffing requirements. (Sec. 8) Authorizes the Secretary to contract with State or local housing finance agencies to perform market rental rate determinations. (Sec. 10) Authorizes the Secretary to transfer specified nonrenewed section 8 projects to nonprofit organizations (with preference for tenant organizations). 2025-08-20T14:20:47Z  

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