102 
‘‘(G) PAYMENT STANDARD.—For purposes 
of this paragraph, the payment standard for 
each size of dwelling unit in a market area may 
not exceed 150 percent, or higher if the Sec-
retary approves of such increase, of the fair 
market rental established under subsection (c) 
for the same size dwelling unit in the same 
market area, and shall be not less than 90 per-
cent of that fair market rental. 
‘‘(H) NONDISCRIMINATION.—In selecting 
individuals or families for tenancy, a landlord 
or owner may not exclude or penalize an indi-
vidual or family solely because any portion of 
the rental payment of that individual or family 
is provided under this paragraph. 
‘‘(I) TERMINATION OF ASSISTANCE.—As-
sistance provided under this paragraph shall 
terminate 6 months after the date on which 
such assistance was received. 
‘‘(21) ASSISTANCE FOR CURRENT VOUCHER RE-
CIPIENTS AFFECTED BY HURRICANE KATRINA.— 
‘‘(A) IN
GENERAL.—The Secretary shall 
waive any of the requirements described in 
clauses (i) through (vi) of paragraph (20)(E)
103 
for any individual or family receiving assistance 
under this section on August 29, 2005, if— 
‘‘(i) the individual or family resides, 
or resided on August 29, 2005, in any area 
that is subject to a declaration by the 
President of a major disaster or emergency 
under the Robert T. Stafford Disaster Re-
lief and Emergency Assistance Act (42 
U.S.C. 5121 et seq.) in connection with 
Hurricane Katrina; and 
‘‘(ii) the residence of the individual or 
family became uninhabitable or inaccessible 
as result of that major disaster or emer-
gency. 
‘‘(B) ADDITIONAL USES OF FUNDS.—Not-
withstanding any other provision of law, the 
Secretary shall provide, as the Secretary deter-
mines appropriate, supplemental assistance to 
an individual or family receiving assistance 
under this section on August 29, 2005, and 
meeting the requirements described in subpara-
graph (A), to assist the individual or family 
with the additional costs of relocating to new 
housing, including to cover—
104 
‘‘(i) the additional cost of rent and 
utilities; 
‘‘(ii) security and utility deposits; 
‘‘(iii) relocation expenses, including 
expenses incurred in relocating back to the 
major disaster area when such relocation is 
permitted; and 
‘‘(iv) such additional expenses as the 
Secretary determines necessary. 
‘‘(C) PAYMENT STANDARD.—For purposes 
of this paragraph, the payment standard for 
each size of dwelling unit in a market area may 
not exceed 150 percent, or higher if the Sec-
retary approves of such increase, of the fair 
market rental established under subsection (c) 
for the same size dwelling unit in the same 
market area, and shall be not less than 90 per-
cent of that fair market rental. 
‘‘(D) NONDISCRIMINATION.—A landlord or 
owner may not exclude or penalize an individual 
or family solely because that individual or fam-
ily is eligible for any waivers or benefits pro-
vided under this paragraph. 
‘‘(E) TERMINATION OF AUTHORITY.—The 
authority of the Secretary to provide assistance
105 
under this paragraph shall apply during the 6- 
month period beginning on the date of enact-
ment of the Helping to House the Victims of 
Hurricane Katrina Act of 2005. 
‘‘(22) AUTHORITY OF THE SECRETARY TO DI-
RECTLY ADMINISTER VOUCHERS WHEN PHA’S ARE 
UNABLE
TO
DO
SO.—If the Secretary determines 
that a public housing agency is unable to implement 
the provisions of this subsection due to the effects 
of Hurricane Katrina, the Secretary may— 
‘‘(A) directly administer any voucher pro-
gram described in paragraphs (1) through (20); 
and 
‘‘(B) perform the functions assigned to a 
public housing agency by this subsection.’’. 
(c) REPORT ON INVENTORY OF AVAILABILITY OF 
TEMPORARY HOUSING.—Not later than 10 days after the 
date of enactment of this Act, the Secretary of Defense, 
the Administrator of the General Services Administration, 
the Secretary of Agriculture, and such other agency heads 
as the Secretary of Housing and Urban Development de-
termines appropriate, shall compile and report to the Sec-
retary of Housing and Urban Development an inventory 
of Federal civilian and defense facilities that can be 
used—
106 
(1) to provide emergency housing; or 
(2) as locations for the construction or deploy-
ment of temporary housing units. 
(d) APPROPRIATION OF FUNDING.— 
(1) IN GENERAL.—There are authorized to be 
appropriated and are appropriated $3,500,000,000 
to provide assistance under this section. 
(2) EMERGENCY
DESIGNATION.—The amount 
appropriated under paragraph (1) is designated as 
an emergency requirement pursuant to section 402 
of H. Con. Res. 95 (109th Congress). 
SEC. 302. HOME PROGRAM. 
(a) WAIVER OF INCOME AND RENT REQUIREMENTS 
UNDER HOME PROGRAM.—For purposes of eligibility for 
occupancy, and the amount of rent paid for such occu-
pancy, in housing assisted under subtitles A through D 
of title II of the Cranston-Gonzalez National Affordable 
Housing Act (42 U.S.C. 12721 et seq.), in the case of 
any family displaced as a result of Hurricane Katrina, for 
the 6-month period that begins upon the initial occupancy 
of such family in such housing— 
(1) no provision of such title establishing a limi-
tation on the income of an eligible family shall 
apply; and
107 
(2) no provision of such title establishing or re-
quiring a rental payment by an eligible family resid-
ing in housing assisted under such subtitle shall 
apply. 
(b) SUSPENSION OF MATCHING CONTRIBUTION RE-
QUIREMENT UNDER HOME PROGRAM.—Notwithstanding 
any provision of section 220 of the Cranston-Gonzalez Na-
tional Affordable Housing Act (42 U.S.C. 12750), the re-
quirement under subsection (a) of such section to make 
contributions shall not apply with respect to the State of 
Louisiana or any communities in such State impacted by 
Hurricane Katrina for funds allocated in fiscal years 2005 
and 2006. 
SEC. 303. FIRST TIME HOME BUYER EXPANSION. 
Notwithstanding any other provision of law, for pur-
poses of the second sentence of subparagraph (A) of sec-
tion 203(c)(2) of the National Housing Act (12 U.S.C. 
1709(c)(2)(A), any family that is displaced as a result of 
Hurricane Katrina shall be considered until December 31, 
2007, to be a first-time homebuyer who has completed a 
program of counseling with respect to the responsibilities 
and financial management involved in homeownership that 
is approved by the Secretary of Housing and Urban Devel-
opment.
108 
SEC. 304. HOME BUSINESS AND MORTGAGE PROTECTION 
FUND. 
(a) ESTABLISHMENT.—There is established in the 
Treasury of the United States the Home Business and 
Mortgage Protection Fund (hereafter referred to in this 
section as the ‘‘Fund’’). 
(b) GRANTS AUTHORIZED.— 
(1) IN GENERAL.—The Secretary of Housing 
and Urban Development is authorized to award 
grants from the Fund only for the purposes de-
scribed in subsection (d). 
(2) CAP ON GRANTS.—For each missed, past 
due, or late mortgage payment for which an eligible 
financial institution seeks a grant under this section, 
the Secretary shall not award amounts out of the 
Fund to such financial institution for such mortgage 
payments in cumulative excess of an amount equal 
to the sum of 6 times the value of such mortgage 
payment. 
(3) AVAILABILITY OF GRANTS.—The authority 
of the Secretary to make grants under this section 
shall terminate on the date that is 1 year after the 
date of enactment of this Act. 
(c) APPLICATION.— 
(1) IN GENERAL.—An eligible financial institu-
tion seeking a grant under this section shall submit
109 
an application to the Secretary of Housing and 
Urban Development at such time, in such manner, 
and containing such information as the Secretary 
may require, including providing proper documenta-
tion to the Secretary that— 
(A) such financial institution is the holder 
of a mortgage; 
(B) mortgage payments have not been re-
ceived by such financial institution from a 
mortgagee; 
(C) a mortgagee was unable to pay such 
mortgage payments due to financial hardship; 
(D) the property on which the mortgage is 
held is located in an affected area; 
(E) after August 26, 2005, the mortgagee 
missed at least 2 consecutive mortgage pay-
ments, inclusive of all applicable grace periods; 
and 
(F) such financial institution has not initi-
ated any foreclosure proceeding against any 
property held by a mortgagee for which the fi-
nancial institution is seeking a grant. 
(2) FINANCIAL HARDSHIP DEFINED.— 
(A) IN GENERAL.—Not later than 30 days 
after the date of enactment of this Act, the Sec-
110 
retary shall issue regulations setting forth the 
definition of financial hardship under para-
graph (1)(C). 
(B) REQUIRED CONTENT.—The definition 
required under subparagraph (A) shall in-
clude— 
(i) complete destruction of a mortga-
gee’s— 
(I) home; 
(II) business; or 
(III) place of business or employ-
ment site; and 
(ii) the fact that such mortgagee is 
now 
unemployed 
due 
to 
Hurricane 
Katrina. 
(d) USE OF FUNDS.—Amounts in the Fund may only 
be used to provide grants to eligible financial institutions 
to reimburse such financial institutions for missed, past 
due, or late mortgage payments owed to such financial in-
stitutions on properties located in an affected area. 
(e) FORECLOSURE.— 
(1) IN GENERAL.—An eligible financial institu-
tion that does not seek a grant under this section, 
and initiates a foreclosure proceeding against any 
property held by a mortgagee in an affected area
111 
may not foreclose on such property, if the mortgagee 
can provide evidence of financial hardship as defined 
under subsection (c)(2). 
(2) REIMBURSEMENT FROM FUND.—If an eligi-
ble financial institution is unable to foreclose under 
paragraph (1), such financial institution may seek a 
grant under this section for reimbursement of the 
missed, past due, or late mortgage payments leading 
to foreclosure notwithstanding the requirement 
under subsection (c)(1)(F). 
(3) LIMITATION.—An eligible financial institu-
tion shall not be allowed to seek a grant for missed, 
past due, or late mortgage payments under this sec-
tion for any foreclosure proceeding initiated prior to 
August 26, 2005. 
(f) CREDIT PROTECTION.—Any failure by a mort-
gagee to make a mortgage payment on any property lo-
cated in an affected area shall not be reported to any con-
sumer reporting agency, as such term is defined under sec-
tion 603 of the Fair Credit Reporting Act (15 U.S.C. 
1681a). 
(g) DEPOSITS.— 
(1) IN GENERAL.—The Secretary of the Treas-
ury shall transfer up to $5,000,000,000 from the
112 
general fund of the Treasury to the Fund to permit 
the implementation of this section. 
(2) INVESTMENT.—To the extent that amounts 
in the Fund at any time exceed the immediate needs 
of the Fund, the excess shall be invested in short 
term obligations of the United States. 
(3) INTEREST.—To the extent that interest ac-
crues on any funds invested under paragraph (2), 
that interest shall be made available for the pur-
poses of this section. 
(h) REVERSION OF FUNDS TO THE TREASURY.—Any 
amounts in the Fund that are unexpended and unobli-
gated after March 30, 2007, shall be covered into the gen-
eral fund of the Treasury as miscellaneous receipts and 
the Fund shall be terminated. 
(i) REGULATIONS.—Not later than 30 days after the 
date of enactment of this Act, the Secretary of Housing 
and Urban Development shall issue regulations necessary 
to carry out the administration of this section and to en-
sure that the purposes of this section are accomplished. 
(j) ELIGIBLE FINANCIAL INSTITUTION.—The term 
‘‘eligible financial institution’’ means any commercial 
bank, community bank, mortgage bank, credit union, or 
any other lender approved by the Secretary of Housing
113 
and Urban Development as eligible for insurance under 
section 2 of the National Housing Act (12 U.S.C. 1703). 
SEC. 305. COMMUNITY DEVELOPMENT BLOCK GRANT PRO-
GRAM. 
(a) INCREASE OF MAXIMUM PROJECT ASSISTANCE 
AMOUNT
UNDER
CDBG PROGRAM.—Notwithstanding 
any other provision of law, $10,000,000 shall be available 
for any project assisted or to be assisted with amounts 
made available in fiscal year 2005, 2006, or 2007 under 
the community development block grant program under 
title I of the Housing and Community Development Act 
of 1974 (42 U.S.C. 5301 et seq.) and where such project 
is carried out within an affected area. 
(b) REGULATORY FLEXIBILITY UNDER CDBG PRO-
GRAM.—In administering any amounts made available 
under the community development block grant program 
under title I of the Housing and Community Development 
Act of 1974 for fiscal year 2005 or 2006 within declared 
disaster areas— 
(1) the Secretary may waive any provision of 
any statute or regulation that the Secretary admin-
isters in connection with obligation by the Secretary 
or any use by any recipient of such amounts; and 
(2) the requirements of such title regarding use 
of funds made available under such title for activi-