‘‘(j) COORDINATION WITH LOW-INCOME HOUSING 
TAX CREDIT.— 
‘‘(1) CONSULTATION.—The Secretary shall con-
sult with the Commissioner of the Internal Revenue 
Service and take such actions as are appropriate in 
conjunction with such consultation to simplify the 
coordination of rules, regulations, forms, and ap-
proval requirements for multifamily housing projects 
for which assistance is provided by the Secretary in 
conjunction with any low-income housing tax credits 
under section 42 of the Internal Revenue Code of 
1986 or tax-exempt housing bonds. 
‘‘(2) 
RECOMMENDATIONS.—In 
implementing 
the changes required under this subsection, the Sec-
retary shall solicit recommendations regarding such 
changes from project owners and sponsors, investors 
and stakeholders in housing tax credits, State and 
local housing finance agencies, public housing agen-
cies, tenant advocates, and other stakeholders in 
such projects. 
‘‘(3) REPORT.—Not later than the expiration of 
the 9-month period beginning on the date of the en-
actment of this subsection, the Secretary shall sub-
mit a report to the Committee on Financial Services 
of the House of Representatives and the Committee 
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on Banking, Housing, and Urban Affairs of the Sen-
ate that— 
‘‘(A) identifies the actions taken by the 
Secretary to comply with this subsection; 
‘‘(B) includes information regarding any 
resulting improvements in the expedited ap-
proval for multifamily housing projects; 
‘‘(C) identifies recommendations made pur-
suant to paragraph (2); and 
‘‘(D) makes recommendations for any leg-
islative changes that are needed to facilitate 
prompt approval of assistance for such projects. 
‘‘(k) FUNDING CAPS.—Upon the enactment of this 
subsection, the Secretary shall increase the maximum 
amount of a loan or grant that may be made under this 
section or section 516 to $3,000,000 and may not estab-
lish a maximum funding amount that is lower than such 
amount. 
‘‘(l) NOTICE OF FUNDING AVAILABILITY.—Any no-
tice of funding availability relating to assistance under this 
section or section 516 shall provide for a period for appli-
cation for such funding having a duration not shorter than 
60 days. 
‘‘(m) ANNUAL SCHEDULE OF AWARDS OF ASSIST-
ANCE.—The Secretary shall establish and implement an 
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annual schedule for notice of funding, submission of appli-
cations, and awards of funding for assistance under this 
section and section 516. 
‘‘(n) PUBLICATION
OF
SELF-SCORING
ASSESS-
MENTS.—The Secretary shall make publicly available on 
a website of the Department, with respect to assistance 
under this section and section 516— 
‘‘(1) the self-scoring form and assessment for 
such assistance of the applicant; 
‘‘(2) a summary of the applications for such as-
sistance and such loans made and grants awarded; 
and 
‘‘(3) a description of the compliance procedures, 
mechanisms, and activities used by the Department 
to monitor compliance and performance of such bor-
rowers and grantees. 
‘‘(o) ELIGIBILITY FOR ASSISTANCE.—The Secretary 
shall provide that any person not ineligible for financial 
assistance by reason of section 214 of the Housing and 
Community Development Act of 1980 (42 U.S.C. 1436a) 
may not be denied occupancy in housing assisted under 
this title or for housing assistance under this title by rea-
son of such person’s citizenship or alien status.’’. 
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SEC. 3. CONSISTENCY BETWEEN PROGRAMS. 
Section 516 of the Housing Act of 1949 (42 U.S.C. 
1486) is amended— 
(1) in subsection (a), in the matter preceding 
paragraph (1), by inserting ‘‘or any limited partner-
ship in which the general partner is a nonprofit enti-
ty,’’ after ‘‘or any Indian tribe,’’; and 
(2) in subsection (k)(7)(A), by striking ‘‘any’’ 
and inserting ‘‘limited partnership in which the gen-
eral partner is a nonprofit entity, or’’. 
Æ 
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