(2) in subsection (c)(3), by striking ‘‘tenant- 
based assistance under section 8’’ and inserting ‘‘as-
sistance under the Flexible Voucher Act of 2005’’; 
(3) in subsection (d)(1)(J), by striking ‘‘section 
8’’ and inserting ‘‘the Flexible Voucher Act of 
2005’’; 
(4) in subsection (e)— 
(A) in paragraph (2)(F), by striking ‘‘ten-
ant’’ and inserting ‘‘project’’; and 
(B) in paragraph (3), by striking ‘‘, ten-
ant-based assistance only,’’ and inserting ‘‘as-
sistance under the Flexible Voucher Act of 
2005 only’’; and 
(5) in subsection (j)(2)(B), by striking ‘‘(other 
than tenant-based assistance)’’ and inserting ‘‘(other 
than assistance under the Flexible Voucher Act of 
2005)’’. 
(m) CONVERSION OF DISTRESSED PUBLIC HOUS-
ING.—Section 33 of the United States Housing Act of 
1937 (42 U.S.C. 1437z–5) is amended— 
(1) in the section heading by striking ‘‘TEN-
ANT-BASED ASSISTANCE’’ and inserting ‘‘ASSIST-
ANCE UNDER THE FLEXIBLE VOUCHER ACT OF 
2005’’;
(2) in subsection (a)(3)(B), by striking ‘‘tenant- 
based assistance under section 8’’ and inserting ‘‘as-
sistance under the Flexible Voucher Act of 2005, if 
specific appropriations are available for such pur-
pose,’’; 
(3) in subsection (d), in the subsection heading, 
by striking ‘‘TENANT-BASED ASSISTANCE’’ and in-
serting 
‘‘ASSISTANCE
UNDER
THE
FLEXIBLE 
VOUCHER ACT OF 2005’’; and 
(4) in subsection (d)(2)(A)(ii)(II)(aa), by strik-
ing ‘‘tenant-based assistance’’ both places where it 
appears and inserting ‘‘assistance under the Flexible 
Voucher Act of 2005’’. 
(n) LOCAL HOUSING ASSISTANCE PLAN.—Section 
213 of the Housing and Community Development Act of 
1974 (42 U.S.C. 1439) is amended— 
(1) in subsection (d)(1)(A)— 
(A) in clause (i)— 
(i) by striking ‘‘(i)’’; and 
(ii) in the last sentence— 
(I) by striking ‘‘tenant-based’’ 
and inserting ‘‘project-based’’; and 
(II) by striking ‘‘(o)’’; and 
(B) by striking clause (ii); and 
(2) by striking subsection (e).
TITLE 
II—PUBLIC 
HOUSING 
RENT FLEXIBILITY AND SIM-
PLIFICATION 
SEC. 201. SHORT TITLE. 
This title may be cited as the ‘‘Public Housing Rent 
Flexibility and Simplification Act of 2005’’. 
SEC. 202. PUBLIC HOUSING RENT FLEXIBILITY AND SIM-
PLIFICATION. 
(a) IN GENERAL.—Section 3 of the United States 
Housing Act of 1937 (42 U.S.C. 1437a), as amended by 
section 120, is amended— 
(1) in subsection (a)— 
(A) by striking ‘‘(1) Dwelling units’’ and 
that follows through ‘‘(3), a family’’ and insert-
ing ‘‘A family’’; and 
(B) by striking paragraphs (2), (3), (4), 
and (5); 
(2) in subsection (b)(5)— 
(A) in subparagraph (A), by striking 
‘‘(A)’’; and 
(B) by striking subparagraph (B); and 
(3) in subsection (d)(3), by amending subpara-
graph (A) to read as follows: 
‘‘(A) that receives assistance under section 
8; and’’.
(b) PUBLIC HOUSING RENTAL PAYMENTS.—The 
United States Housing Act of 1937 is amended by insert-
ing after section 3 (42 U.S.C. 1437a) the following new 
section: 
‘‘SEC. 3A. PUBLIC HOUSING RENTAL PAYMENTS. 
‘‘(a) RENT STRUCTURE AND OCCUPANCY.— 
‘‘(1) IN
GENERAL.—Public housing dwelling 
units assisted under this Act shall be rented only to 
and occupied by low-income families that do not own 
a significant interest in real property and do not 
have assets exceeding an amount established by the 
Secretary at the time of their initial occupancy of 
such units. 
‘‘(2) REVIEW.—Not less frequently than once 
every 2 years, each public housing dwelling unit re-
ceiving assistance under this Act shall conduct a re-
view of the family income of each family occupying 
such unit to determine the continued eligibility of 
that family to occupy such unit. 
‘‘(3) ELDERLY OR DISABLED FAMILY EXCEP-
TION.—Notwithstanding paragraph (1), not less fre-
quently than once every 3 years, each public housing 
dwelling unit receiving assistance under this Act 
shall conduct a review of the income of each elderly 
family or disabled family occupying such unit to de-