I
107TH CONGRESS
2D SESSION
H. R. 4446
To support certain housing proposals in the fiscal year 2003 budget for
the Federal Government, including the downpayment assistance initiative
under the HOME Investment Partnerships Act, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 16, 2002
Mr. ROGERS of Michigan (for himself, Mr. WILSON of South Carolina, Mr.
ISSA, Mr. SULLIVAN, Mr. BOOZMAN, Ms. HART, Mrs. CAPITO, Mr.
GRUCCI, Mr. SCHROCK, Mr. AKIN, Mr. SIMMONS, Mr. CHAMBLISS, Mr.
BACHUS, Mrs. KELLY, Mr. BEREUTER, Mr. CANTOR, Mrs. BIGGERT,
Mrs. ROUKEMA, Mr. FLETCHER, Mr. FOLEY, Mr. HORN, Mr. RILEY, Mr.
KENNEDY of Minnesota, Mr. FERGUSON, Mrs. JOHNSON of Connecticut,
Mr. SHAYS, Mr. LATOURETTE, Mr. OXLEY, Mr. KELLER, Mr. MCHUGH,
Mr. TIBERI, Mr. NEY, Mr. COOKSEY, Mr. EHRLICH, Mr. GREEN of Wis-
consin, Mr. ISRAEL, Mr. CLAY, Mr. ROSS, Ms. KILPATRICK, Mr.
CUMMINGS, and Mr. RUSH) introduced the following bill; which was re-
ferred to the Committee on Financial Services
A BILL
To support certain housing proposals in the fiscal year 2003
budget for the Federal Government, including the down-
payment assistance initiative under the HOME Invest-
ment Partnerships Act, and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘American Dream
Downpayment Act’’.
SEC. 2. DOWNPAYMENT ASSISTANCE INITIATIVE UNDER
HOME PROGRAM.
(a) DOWNPAYMENT ASSISTANCE INITIATIVE.—Sub-
title E of title II of the Cranston-Gonzalez National Af-
fordable Housing Act (42 U.S.C. 12821) is amended to
read as follows:
‘‘Subtitle E—Other Assistance
‘‘SEC. 271. DOWNPAYMENT ASSISTANCE INITIATIVE.
‘‘(a) GRANT AUTHORITY.—The Secretary may make
grants to participating jurisdictions to assist low-income
families to achieve homeownership, in accordance with this
section.
‘‘(b) ELIGIBLE ACTIVITIES.—Amounts made avail-
able under this section may be used only for downpayment
assistance toward the purchase of single family housing
by low-income families who are first-time homebuyers. For
purposes of this title, the term ‘downpayment assistance’
means assistance to help a family acquire a principal resi-
dence.
‘‘(c) HOUSING STRATEGY.—To be eligible to receive
a grant under this section for a fiscal year, a participating
jurisdiction shall include in its comprehensive housing af-
fordability strategy under section 105 for such year a de-
scription of the use of the grant amounts.
‘‘(d) FORMULA ALLOCATION.—For each fiscal year,
the Secretary shall allocate any amounts made available
for assistance under this section for the fiscal year in ac-
cordance with a formula, which shall be established by the
Secretary, that considers a participating jurisdiction’s
need for and prior commitment to assistance to home-
buyers. The formula may include minimum and maximum
allocation amounts.
‘‘(e) REALLOCATION.—If any amounts allocated to a
participating jurisdiction under this section become avail-
able for reallocation, the amounts shall be reallocated to
other participating jurisdictions in accordance with the
formula established pursuant to subsection (c), except that
if a local participating jurisdiction failed to receive
amounts allocated under this section and is located in a
State that is a participating jurisdiction, the funds shall
be reallocated to the State.
‘‘(f) APPLICABILITY OF OTHER PROVISIONS.—
‘‘(1) IN GENERAL.—Except as otherwise pro-
vided in this section, grants under this section shall
not be subject to the provisions of this title.
‘‘(2) APPLICABLE PROVISIONS.—In addition to
the requirements of this section, grants under this
section shall be subject to the provisions of title I,
sections 215(b), 218, 219, 221, 223, 224, and
226(a) of subtitle A of this title, and subtitle F of
this title.
‘‘(3) REFERENCES.—In applying the require-
ments of subtitle A referred to in paragraph (2)—
‘‘(A) any references to funds under subtitle
A shall be considered to refer to amounts made
available for assistance under this section; and
‘‘(B) any references to funds allocated or
reallocated under section 217 or 217(d) shall be
considered to refer to amounts allocated or re-
allocated under subsection (d) or (e) of this sec-
tion, respectively.
‘‘(g) ADMINISTRATIVE COSTS.—Notwithstanding sec-
tion 212(c), a participating jurisdiction may use funds
under subtitle A for administrative and planning costs of
the jurisdiction in carrying out this section, and the limita-
tion in section 212(c) shall be based on the total amount
of funds available under subtitle A and this section.
‘‘(h) FUNDING.—
‘‘(1) FISCAL
YEAR
2002.—This section con-
stitutes the subsequent legislation authorizing the
Downpayment Assistance Initiative referred to in the
item relating to the ‘HOME Investment Partner-
ships Program’ in title II of the Departments of
Veterans Affairs and Housing and Urban Develop-
ment, and Independent Agencies Appropriations Act,
2002 (Public Law 107–73; 115 Stat. 666).
‘‘(2) SUBSEQUENT
FISCAL
YEARS.—There is
authorized to be appropriated to carry out this sec-
tion $200,000,000 for each of fiscal years 2003
through 2006.’’.
(b) RELOCATION ASSISTANCE AND DOWNPAYMENT
ASSISTANCE.—Subtitle F of title II of the Cranston-Gon-
zalez National Affordable Housing Act is amended by in-
serting after section 290 (42 U.S.C. 12840) the following
new section:
‘‘SEC. 291. RELOCATION ASSISTANCE AND DOWNPAYMENT
ASSISTANCE.
‘‘The Uniform Relocation Assistance and Real Prop-
erty Acquisition Policies Act of 1970 shall not apply to
downpayment assistance under this title.’’.
SEC. 3. REAUTHORIZATION OF SHOP PROGRAM.
Section 11(p) of the Housing Opportunity Program
Extension Act of 1996 (42 U.S.C. 12805 note) is amended
by striking ‘‘such sums as may be necessary for fiscal year
2001’’ and inserting ‘‘$65,000,000 for fiscal year 2003
and such sums as may be necessary for fiscal year 2004’’.
SEC. 4. REAUTHORIZATION OF HOPE VI PROGRAM.
(a) AUTHORIZATION OF APPROPRIATIONS.—Section
24(m)(1) of the United States Housing Act of 1937 (42
U.S.C. 
1437v(m)(1)) 
is 
amended 
by 
striking
‘‘$600,000,000 for fiscal year 1999 and such sums as may
be necessary for each of fiscal years 2000, 2001, and
2002’’ and inserting ‘‘$574,000,000 for fiscal year 2003’’.
(b) SUNSET.—Section 24(n) of the United States
Housing Act of 1937 (42 U.S.C. 1437v(n)) is amended
by striking ‘‘September 30, 2002’’ and inserting ‘‘Sep-
tember 30, 2003’’.
Æ