IB 
Union Calendar No. 287 
110TH CONGRESS 
1ST SESSION H. R. 2930 
[Report No. 110–463] 
To amend section 202 of the Housing Act of 1959 to improve the program 
under such section for supportive housing for the elderly, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 28, 2007 
Mr. MAHONEY of Florida introduced the following bill; which was referred to 
the Committee on Financial Services 
DECEMBER 4, 2007 
Additional sponsors: Ms. GINNY BROWN-WAITE of Florida, Ms. CLARKE, Mr. 
EMANUEL, Mr. FRANK of Massachusetts, Mrs. CHRISTENSEN, Mr. 
GRIJALVA, Mr. WELCH of Vermont, Ms. SCHAKOWSKY, Mr. SIRES, Ms. 
WATERS, Mr. LYNCH, Mrs. BIGGERT, Mr. MCNERNEY, Mr. BACA, and 
Mr. WEXLER 
DECEMBER 4, 2007 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on June 28, 2007] 
A BILL 
To amend section 202 of the Housing Act of 1959 to improve 
the program under such section for supportive housing 
for the elderly, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE AND TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the ‘‘Sec-
tion 202 Supportive Housing for the Elderly Act of 2007’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title and table of contents. 
TITLE I—NEW CONSTRUCTION REFORMS 
Sec. 101. Project rental assistance. 
Sec. 102. Selection criteria. 
Sec. 103. Development cost limitations. 
Sec. 104. Owner deposits. 
Sec. 105. Definition of private nonprofit organization. 
Sec. 106. Preferences for homeless elderly. 
TITLE II—REFINANCING 
Sec. 201. Approval of prepayment of debt. 
Sec. 202. Sources of refinancing. 
Sec. 203. Use of unexpended amounts. 
Sec. 204. Use of project residual receipts. 
Sec. 205. Additional provisions. 
TITLE III—ASSISTED LIVING FACILITIES 
Sec. 301. Definition of assisted living facility. 
Sec. 302. Monthly assistance payment under rental assistance. 
TITLE IV—FACILITATING AFFORDABLE HOUSING PRESERVATION 
TRANSACTIONS 
Sec. 401. Use of sale or refinancing proceeds. 
TITLE I—NEW CONSTRUCTION 
REFORMS 
SEC. 101. PROJECT RENTAL ASSISTANCE. 
Paragraph (2) of section 202(c) of the Housing Act of 
1959 (12 U.S.C. 1701q(c)(2)) is amended— 
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(1) by inserting after ‘‘ASSISTANCE.—’’ the fol-
lowing: ‘‘(A) INITIAL PROJECT RENTAL ASSISTANCE 
CONTRACT.—’’; 
(2) in the last sentence, by striking ‘‘may’’ and 
inserting ‘‘shall’’; and 
(3) by adding at the end the following new sub-
paragraph: 
‘‘(B) RENEWAL OF AND INCREASES IN CONTRACT 
AMOUNTS.— 
‘‘(i) EXPIRATION
OF
CONTRACT
TERM.— 
Upon the expiration of each contract term, the 
Secretary shall adjust the annual contract 
amount to provide for reasonable project costs, 
and any increases, including adequate reserves, 
supportive services, and service coordinators, ex-
cept that any contract amounts not used by a 
project during a contract term shall not be avail-
able for such adjustments upon renewal. 
‘‘(ii) 
EMERGENCY
SITUATIONS.—In 
the 
event of emergency situations that are outside the 
control of the owner, the Secretary shall increase 
the annual contract amount, subject to reason-
able review and limitations as the Secretary 
shall provide.’’. 
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