(A) by inserting ‘‘, or any State or local 
government transferee,’’ after ‘‘Secretary’’ the 
second place such term appears; and 
(B) by inserting ‘‘, or the State or local 
government transferee,’’ after ‘‘Secretary’’ the 
first, third, and fourth places such term ap-
pears; 
(9) in section 369B (12 U.S.C. 3710)— 
(A) by inserting ‘‘, or the State of local 
government transferee,’’ after ‘‘Secretary’’ the 
first and second places such term appears; and 
(B) by inserting ‘‘, or any State or local 
government transferee,’’ after ‘‘Secretary’’ each 
other place such term appears; 
(10) in section 369E (12 U.S.C. 3713), by in-
serting ‘‘, or any State or local government trans-
feree,’’ after ‘‘Secretary’’ each place such term ap-
pears; and 
(11) 
in 
section 
369F(a)(1) 
(12 
U.S.C. 
3714(a)(1)), by inserting ‘‘, or any State or local 
government transferee,’’ before the semicolon at the 
end. 
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SEC. 7. BUILDING TRANSFERS: REQUIREMENTS FOR PUR-
CHASERS OF FHA-INSURED PROJECTS AND 
SECTION 8 PROJECTS. 
Not later than 90 days after the date of the enact-
ment of this Act, the Secretary of Housing and Urban 
Development shall issue a proposed rulemaking, in accord-
ance with title 5, United States Code, that applies the par-
ticipation and certification requirements for potential pur-
chasers required under section 219 of Division G of the 
Consolidated Appropriations Act, 2004 (Public Law 108– 
199; 118 Stat. 397) and applicable to the sale of HUD- 
owned multifamily housing projects and the foreclosure 
sale of any multifamily housing securing a mortgage held 
by the Secretary also to the sale of any multifamily hous-
ing having a mortgage that is insured under the National 
Housing Act or for which assistance is provided under sec-
tion 8 of the United States Housing Act of 1937 (42 
U.S.C. 1437f) under a project-based assistance contract. 
SEC. 8. TRANSPARENCY REGARDING BUILDING INFORMA-
TION. 
(a) REQUIRED POSTING ON WEB SITE.—The Sec-
retary of Housing and Urban Development shall make 
publicly available, by posting on a World Wide Web site 
of the Department, information regarding multifamily 
housing properties for which rental assistance is provided 
under section 8 of the United States Housing Act of 1937 
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(42 U.S.C. 1437f), for which other rental assistance or 
a subsidy is provided under a program administered by 
the Secretary, or for which a mortgage is insured under 
the National Housing Act (12 U.S.C. 1701 et seq.). 
(b) REQUIRED INFORMATION.—The information de-
scribed in subsection (a) regarding a property shall in-
clude— 
(1) information regarding the results of phys-
ical inspections of the property, including any real 
estate assessment center (REAC) scores for the 
property; 
(2) any notices, plans, and information relating 
to the property required under the Low-Income 
Housing Preservation and Resident Homeownership 
Act of 1990, including a notice of intent to prepay 
a mortgage under section 212, information under 
section 216, a second notice of intent under section 
216(d), a plan of action under section 217, and no-
tice of approval of a plan of action under section 
225; 
(3) any notice of request to terminate an insur-
ance contract under title II of the National Housing 
Act (12 U.S.C. 1707 et seq.) for a loan or mortgage 
on the property; 
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(4) any notice of request to prepay a loan or 
mortgage on the property insured under title II of 
the National Housing Act (12 U.S.C. 1707 et seq.); 
and 
(5) any notice under section 8(c)(8) of the 
United States Housing Act of 1937 (42 U.S.C. 
1437f(c)(8)) of proposed termination of an assist-
ance contract under such section for the property. 
(c) UPDATING.—The Secretary of Housing and 
Urban Development shall update the information made 
available pursuant to this section not less than quarterly. 
Æ 
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