To facilitate the preservation of certain affordable housing dwelling units.

Bill: 110-hr-5937
Sponsor: Rep. Towns, Edolphus [D-NY-10]
Introduced: 2008-05-01 in the House
Policy area: Housing and Community Development
Subjects: Affordable housing
Apartment houses
Government Operations and Politics
Housing subsidies
Landlord and tenant
Low-income housing
Rental housing
Social Welfare

Summary:
action_date: 2008-05-01
text: 
Authorizes the Secretary of Housing and Urban Development (HUD), upon request of the owner of a multifamily housing project to which specified contracts are subject, to: (1) convert such contracts to a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937; and (2) treat the contemplated resulting contract as eligible for initial renewal under the Multifamily Assisted Housing Reform and Affordability Act of 1997, if certain conditions are met.
 
Deems the owner to be in compliance with income-targeting requirements of the United States Housing Act of 1937 by serving low-income families.
 
Considers each family residing in an assisted dwelling unit on the date of such conversion to meet the applicable requirements for income eligibility and occupancy.

action_date: 2008-05-07
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Authorizes the Secretary of Housing and Urban Development (HUD), upon request of the owner of a multifamily housing project to which specified contracts are subject, to: (1) convert such contracts to a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937; and (2) treat the contemplated resulting contract as eligible for initial renewal under the Multifamily Assisted Housing Reform and Affordability Act of 1997, if certain conditions are met.

Deems the owner to be in compliance with income-targeting requirements of the United States Housing Act of 1937 by serving low-income families.

Considers each family residing in an assisted dwelling unit on the date of such conversion to meet the applicable requirements for income eligibility and occupancy.


Legislative actions:
action_date: 2008-05-08
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2008-05-07
text: On motion to table the motion to reconsider the vote Agreed to by recorded vote: 225 - 190 (Roll no. 278).
action_date: 2008-05-07
text: Mr. Welch (VT) moved to table the motion to reconsider the vote (consideration: CR H3133)
action_date: 2008-05-07
text: Mr. Simpson moved to reconsider the vote.
action_date: 2008-05-07
text: On motion to suspend the rules and pass the bill Agreed to by recorded vote (2/3 required): 345 - 73 (Roll no. 277). (text: CR 5/6/2008 H3093-3094)
action_date: 2008-05-07
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by recorded vote (2/3 required): 345 - 73 (Roll no. 277).(text: CR 5/6/2008 H3093-3094)
action_date: 2008-05-07
text: Considered as unfinished business. (consideration: CR H3132-3133)
action_date: 2008-05-06
text: At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Culberson objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
action_date: 2008-05-06
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5937.
action_date: 2008-05-06
text: Considered under suspension of the rules. (consideration: CR H3093-3096)
action_date: 2008-05-06
text: Mr. Meeks (NY) moved to suspend the rules and pass the bill.
action_date: 2008-05-01
text: Referred to the House Committee on Financial Services.
action_date: 2008-05-01
text: Introduced in House
action_date: 2008-05-01
text: Introduced in House