I
103D CONGRESS
2D SESSION
H. R. 4218
To reform certain housing programs administered by the Secretary of Housing
and Urban Development.
IN THE HOUSE OF REPRESENTATIVES
APRIL 14, 1994
Mr. DIAZ-BALART (for himself, Ms. ROYBAL-ALLARD, Mr. BECERRA, Mr.
BONILLA, Mr. DE
LA GARZA, Mr. GUTIERREZ, Mr. DE LUGO, Mr.
MENENDEZ, Mr. ORTIZ, Mr. PASTOR, Mr. RICHARDSON, Mr. ROMERO-
BARCELO´, Ms. ROS-LEHTINEN, Mr. SERRANO, Mr. TEJEDA, Mr.
TORRES, Mr. UNDERWOOD, and Ms. VELA´ZQUEZ) introduced the follow-
ing bill; which was referred to the Committee on Banking, Finance and
Urban Affairs
A BILL
To reform certain housing programs administered by the
Secretary of Housing and Urban Development.
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 ‘‘Low-Income Housing
Incentive Act’’.
SEC. 2. GAO STUDY REGARDING PUBLIC HOUSING DEMOLI-
TION AND DISPOSITION AND NEED FOR
LARGER PUBLIC HOUSING DWELLING UNITS.
(a) IN GENERAL.—The Comptroller General of the
United States shall conduct a study of public housing in
various areas and public housing agencies throughout the
United States, under which the Comptroller General
shall—
(1) determine whether the existing requirements
regarding demolition and disposition of public hous-
ing dwelling units prevent or inhibit public housing
agencies from effectively replacing severely dis-
tressed public housing dwelling units or result in the
continued operation or funding of severely distressed
public housing that should be replaced;
(2) develop a realistic plan that provides an ex-
pedited waiver of the existing rules regarding re-
placement of public housing dwelling units demol-
ished or disposed of in any case involving severely
distressed public housing in which the public housing
agency provides—
(A) an additional number of affordable
dwelling units comparable to the number demol-
ished or disposed of;
(B) services for the families in such new
dwelling units comparable to the services pro-
vided for families in the public housing demol-
ished or disposed of; and
(C) protections sufficient to ensure assist-
ance for any family displaced because of the
demolition or disposition;
(3) determine—
(A) the legal and practical impediments to,
and the effectiveness of, allowing State and
local governments to provide financial assist-
ance to public housing agencies for the develop-
ment or acquisition of public housing dwelling
units to comply with the existing requirements
regarding the replacement of public housing
dwelling units demolished or disposed of; and
(B) the appropriateness of allowing title or
control of such housing to revert to the State
or local government after a specified period of
time, and, if appropriate, the appropriate period
of time before such reversion;
(4) the demand, among families eligible for oc-
cupancy in dwelling units in public housing and fam-
ilies residing in public housing, for dwelling units
consisting of more than 1 bedroom; and
(A) if the housing is financed by a first
mortgage loan provided using any obligation the
interest on which is excluded from gross income
for purposes of the Internal Revenue Code of
1986—
(i) not less than 20 percent of the
dwelling units in the project shall be avail-
able for occupancy only by low-income fam-
ilies; and
(ii) the rent charged for such units
does not exceed 30 percent of the adjusted
income of a family whose income is equal
to 80 percent of the median income for the
area, as determined by the Secretary, with
adjustment for the number of bedrooms in
the unit;
(B) if the housing is financed by a first
mortgage loan that is not provided using any
obligation the interest on which is excluded
from gross income for purposes of the Internal
Revenue Code of 1986—
(i) not less than 20 percent of the
dwelling units in the project shall be avail-
able for occupancy only by very low-income
families; and