Section 8 Relief Act of 2014

Bill: 113-hr-4478
Sponsor: full_name: Rep. Rangel, Charles B. [D-NY-13]
Introduced: 2014-04-10
Policy area: Housing and Community Development
Subjects: Low- and moderate-income housing

Public contracts and procurement
Latest action: action_date: 2014-04-10
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2014-04-10
action_desc: Introduced in House
text: <p>Section 8 Relief Act of 2014 - Requires any new housing assistance payments contract providing rental assistance to low-income families under the United States Housing Act of 1937 that is attached to a structure to have a 40-year term.</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 4478 IN THE HOUSE OF REPRESENTATIVES April 10, 2014 Mr. Rangel introduced the following bill; which was referred to the Committee on Financial Services A BILL To require that any new contract to provide project-based rental assistance under section 8 of the United States Housing Act of 1937 have a term of 40 years, and for other purposes.

1. Short title This Act may be cited as the Section 8 Relief Act of 2014 . 2. 40-year terms for section 8 project-based contracts Notwithstanding any other provision of law, any housing assistance payments contract to provide rental assistance under section 8 of the United States Housing Act of 1937 ( 42 U.S.C. 1437f ) that is attached to a structure and is entered into after the date of the enactment of this Act shall have a term of 40 years.