jiayi-li23/proxann_data huggingface dataset:
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-08-01 00:00:00

Housing Assistance Authorization Act of 2007 - (Sec. 2) Prohibits the use of funds authorized by this Act to lobby or retain a lobbyist to influence a federal, state, or local governmental entity or officer. (Sec. 3) Authorizes the Secretary of Housing and Urban Development (HUD) to provide financial assistance to the Housing Assistance Council to develop the ability and capacity of community-based housing development organizations to undertake community development and affordable housing projects and programs in rural areas. Authorizes the Housing Assistance Council to use such assistance for: (1) technical assistance, training, support, and advice to develop the business and administrative capabilities of rural community-based housing development organizations; and (2) loans, grants, or other financial assistance to such organizations to carry out community development and affordable housing activities for low- and moderate-income families. Authorizes appropriations for FY2008-FY2010. (Sec. 4) Authorizes the Secretary also to make a grant to the Raza Development Fund to provide technical and financial assistance to local nonprofit organizations to undertake similar projects and programs serving low- and moderate-income households, particularly through organizations in neighborhoods with substantial populations of income-disadvantaged households of Hispanic origin. Authorizes the Fund to use such assistance to: (1) provide technical and financial assistance for site acquisition and development, construction financing, and short- and long-term financing for housing, community facilities, and economic development; (2) leverage capital from private entities; and (3) provide technical assistance, training, support, and advice to develop the management, financial, and administrative capabilities of housing development organizations serving such low-income households. Authorizes appropriations for FY2008-FY2010. (Sec. 5) Authorizes the Secretary to make a grant to the Housing Partnership Network to create, sustain, and improve access to affordable housing and community facilities benefiting very low-, low- and moderate-income households and communities. Authorizes the Network to use such assistance to: (1) make investments, loans, and grants to its member nonprofits that demonstrate expertise in using such funds to leverage additional private capital to build, operate, finance, and sustain affordable housing and related community development facilities; (2) make investments in entities sponsored by the Network with the intent to leverage additional private capital to further the production capacity, sustainability, or efficiency of its members; and (3) pay for the expenses of the Network to administer and oversee such investments. Authorizes appropriations for FY2008-FY2010. Directs the Comptroller General to audit entities or organizations receiving such funds. (Sec. 7) Prohibits the use of such funds to provide direct housing assistance to any person not lawfully present in the United States.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2007-08-03 00:00:00

First-Time Homebuyers' Tax Credit Act of 2007 - Amends the Internal Revenue Code to: (1) allow an income-based, one-time refundable tax credit for first-time homebuyers of ten percent of a principal residence's purchase price ($3,000 maximum credit, $6,000 maximum credit for joint filers); (2) allow transfer of such credit (within 30 days of transfer application) as payment towards related downpayment and closing costs; and (3) apply the credit to purchases made on or after January 1, 2008, and before January 1, 2013, and to binding contracts made between such dates, and in which the residence is occupied before July 1, 2014.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-11-08 00:00:00

Expanding American Homeownership Act of 2007 - Amends the National Housing Act to: (1) modify guidelines governing the maximum principal loan obligation; (2) extend the mortgage term; and (3) revise requirements for cash payment by the mortgagor in the eligibility criteria for mortgage insurance. Directs the Secretary of Housing and Urban Development (HUD) to reinstate the current downpayment requirement in the event of increased defaults. Authorizes the Secretary to establish a mortgage insurance premium structure involving a single premium payment collected prior to the insurance of the mortgage that may vary during the mortgage term as long as the basis for determining the variable rate is established before the execution of the mortgage. Sets forth maximum upfront premium amounts. Permits the Secretary to insure any mortgage covering a one-family unit in a condominium project if the project has a certain HUD-insured blanket mortgage. Revises requirements for the Mutual Mortgage Insurance (MMI) Fund. Limits the authority of the Secretary to enter into commitments for loan guarantees. Makes insurance of a Native Hawaiian or Indian reservation mortgage the obligation of the MMI Fund (instead of the General Insurance Fund). Eliminates the limitation placed upon the aggregate number of home equity conversion mortgages insured under the Act. Authorizes the Secretary to insure a home equity conversion mortgage when its primary purpose is to enable an elderly mortgagor to purchase a one- to four-family dwelling in which the mortgagor will occupy one of the units. Authorizes the Secretary to enter into agreements to insure temporarily certain mortgages for a single family residence located within a presidentially declared major disaster area. Redefines mortgagee to allow participation in the federal mortgage insurance program by state-licensed mortgage brokers and correspondent lenders who make, underwrite, or service mortgage loans.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-11-16 00:00:00

Government Sponsored Enterprise Mission Improvement Act, or the GSE Mission Improvement Act - Amends the Housing and Community Development Act of 1992 to modify requirements for annual reports to specified congressional committees by the Secretary of Housing and Urban Development on the activities of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (enterprises). Requires the contents of such reports to: (1) identify the extent to which the enterprises are involved in mortgage purchases and secondary market activities involving subprime loans; and (2) compare the characteristics of subprime loans purchased and securitized by the enterprises to their other loans. Revises requirements for the establishment by the Secretary of housing goals to emphasize single-family housing goals and a multifamily special affordable housing goal, with annual targets. Revises the duty of the enterprises to serve underserved markets. Requires them to purchase or securitize mortgage investments and to improve the distribution of investment capital available for mortgage financing for underserved markets such as: (1) manufactured housing; (2) affordable housing preservation; (3) subprime borrowers; (4) community development financial institutions; (5) assisting depository institutions in meeting their obligations under the Community Reinvestment Act; and (6) rural and other underserved markets. Revises requirements for monitoring and enforcing compliance with such housing goals. Requires the enterprises to set aside and allocate certain of their funds for the affordable housing program of block grants to states to assist low- and moderate-income borrowers facing foreclosure or to make foreclosed property available to low- and moderate-income homebuyers. Establishes in the Treasury within the Community Development Financial Institutions Fund a Capital Magnet Fund to carry out a competitive grant program to attract private capital for and increase investment in: (1) the development, preservation, rehabilitation, and purchase of affordable housing for primarily extremely low-, very low-, and low-income families; and (2) certain economic development activities or community service facilities. Revises requirements for: (1) the issuance of cease-and-desist orders; and (2) the imposition of civil money penalties on the enterprises for failure to meeting housing goals.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-12-19 00:00:00

National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury a National Affordable Housing Trust Fund available to the Secretary of Housing and Urban Development to provide assistance to states, Indian tribes, insular areas, and participating local jurisdictions to increase the supply of decent quality affordable housing, especially for low-income, extremely low-income, and very poor families. Prohibits the use of appropriations to the Fund for a fiscal year unless the amount equal to the net increase in the negative credit subsidy for specified mortgage insurance programs is first made available for: (1) single family housing mortgage insurance; (2) housing counseling; and (3) mortgage insurance technology, procedures, processes, program performance, and salaries. Limits Federal Housing Administration (FHA) mortgage insurance premium increases. Specifies affordable housing eligibility criteria for a rental dwelling unit and one- to four-family owner-occupied housing, including a priority to families on section 8 rental assistance or public housing waiting lists. Requires the Secretary to establish a green housing clearinghouse for Fund grantees and recipients. Declares that nothing in this Act allows any payments under it for any individual or head of household that is not a legal U.S. resident.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-02-12 00:00:00

Fairness in Housing for Disabled Veterans Act - Amends the United States Housing Act of 1937 with respect to the determination of income, particularly low income, for purposes of eligibility for low-income housing programs. Redefines "income" to exclude from consideration as annual income any deferred Department of Veterans Affairs disability benefits that are received in a lump sum amount or in prospective monthly amounts.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-02-25 00:00:00

Affordable Housing Investment Act of 2008 - Amends the Internal Revenue Code to revise and enhance tax incentives for investment in affordable housing, including by: (1) renaming the low-income housing tax credit as the affordable housing credit; (2) revising the applicable percentage rates for such credit; (3) increasing the amount of such credit for low-income buildings that are part of state-designated projects; (4) revising rules for the treatment of scattered site and rural residential rental housing projects; (5) permitting affordable housing credits for federally-assisted moderate rehabilitation developments; (6) allowing an offset against alternative minimum tax liability for affordable housing tax credit amounts; (7) exempting interest on certain exempt private activity bonds, qualified mortgage revenue bonds, qualified veterans' mortgage bonds, and certain exempt facility bonds used for residential rental projects from the alternative minimum tax; and (8) allowing the use of mortgage revenue bonds to provide housing assistance for disaster victims, single parents, and displaced homemakers.Repeals: (1) rules requiring recapture of income from sales of low-income buildings that are reasonably expected to be operated on a low-income basis; and (2) requirements to use repayments of mortgage revenue bonds for redemptions. Directs the Secretary of the Treasury to modify regulations for the low-income housing tax credit to disregard certain housing assistance grants for purposes of making reductions in the basis of property eligible for such credit.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-03-03 00:00:00

Section 8 Voucher Reform Act of 2008 - Amends the United States Housing Act of 1937 to revise requirements for public housing agency (PHA) inspections of each dwelling unit for which a housing assistance payment contract is established. Requires an initial inspection before any assistance payment is made. Allows such payments if failure to meet standards is a result only of non-life threatening conditions.Permits a PHA, in the case of projects receiving certain federal housing subsidies, to authorize occupancy before completion of an initial inspection.Requires biennial inspections (currently annual inspections) to determine compliance. Provides, upon a family's request, for interim inspections.Prescribes requirements for reviews and calculation of family income.Prescribes eligibility criteria for assistance based upon assets and income.Revises requirements governing: (1) assistance to low-income working families; (2) tenant-based contract renewals; (3) administrative fees; and (4) the home ownership downpayment grant program.Authorizes a PHA to report to certain consumer reporting agencies information regarding the past rent payment history of a family receiving housing choice vouchers.Directs the Secretary of Housing and Urban Development (HUD) to establish standards and procedures for assessing PHA performance in carrying out the programs for tenant-based rental assistance and for homeownership assistance, including biennial assessments.Revises the rent calculation for housing assistance payment contracts.Directs the Secretary to endeavor to define market areas.Limits a PHA's elective applicant screening.Revises requirements for enhanced voucher assistance.Authorizes the Secretary to provide preservation project-based voucher assistance in lieu of enhanced voucher assistance upon request of the owner of the multifamily housing project. Authorizes the Secretary to enter into agreements with the Social Security Administration and the Secretary of Health and Human Services to permit HUD participation in certain state demonstration programs providing for persons with significant disabilities to be employed and to continue to receive certain federal and state benefits.Requires the Comptroller General to identify and report to Congress on obstacles to using vouchers in federally subsidized housing projects.Requires state agencies to furnish to the Secretary certain data on tenants in low-income housing projects receiving tax credits under the Internal Revenue Code.Authorizes a PHA to use subsidy payments otherwise due the owner to pay for continued utility service to avoid hardship to program participants.Requires the Secretary to provide access to HUD programs for persons with limited English proficiency.
Topic: Housing — Low-Income Assistance
Subject: Economics and public finance
Date: 2008-05-12 00:00:00

Budget Enforcement Legislative Tool Act of 2008 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose, at any time and in any manner provided in this Act, the rescission of any discretionary budget authority in an appropriation Act. Prohibits funds made available for obligation under this procedure from being proposed for rescission again. Sets forth requirements for: (1) the President's transmittal to Congress of a special message regarding a proposed rescission; and (2) expedited consideration of such proposal.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-07-16 00:00:00

Affordable Housing Preservation Act of 2008 - Directs the Secretary of Housing and Urban Development (HUD) to establish a pilot program under which funds in the residual receipts account of an eligible multifamily housing property are transferred, at the time of a qualified sale or exchange, to preservation entities to facilitate the transfer of multifamily housing projects with expiring section 8 housing assistance payments contracts under the United States Housing Act of 1937.Defines "preservation entity" as a HUD-approved housing agency, organization, or entity (for profit or nonprofit) that has the capacity and commitment to successfully acquire and preserve an eligible multifamily housing property. Requires the Secretary to: (1) determine whether the preservation entity's plan for rehabilitation and operation maintains and restores the decent, safe, and sanitary condition of the eligible multifamily housing property, and is viable for at least 30 years; and (2) monitor the affordability and use restrictions for the property.Imposes penalties on preservation entities for noncompliance with this Act.Requires the Secretary to designate at least three states to participate in the pilot program.States that grants shall be used to: (1) pay for rehabilitation costs approved by the housing agency; (2) deposit funds into the property's replacement reserve account; and (3) pay for social and other services that directly benefit the tenants of such property, its associated acquisition costs, and any other costs that have been approved by the housing agency and will directly benefit such tenants.
Topic: Housing — Low-Income Assistance
Subject: Public lands and natural resources
Date: 2008-07-23 00:00:00

National Oceans Protection Act of 2008 - Declares that the purpose of this Act is to secure for future U.S. generations a full range of benefits of healthy marine ecosystems.Specifies a national ocean policy and related principles. Requires each federal agency, as possible and not inconsistent with other laws, to interpret and administer policies, regulations and laws in accordance with such policy. Ernest "Fritz" Hollings National Ocean Policy and Leadership Act - Reestablishes the National Oceanic and Atmospheric Administration (NOAA). States that: (1) it shall be a civilian agency administered by an Administrator, who shall be appointed by the President, by and with the advice and consent of the Senate; and (2) there shall be transferred to the Administrator any authority that, before the date of the enactment of this Act, was vested in the Secretary of Commerce and pertains to the functions of NOAA. Establishes: (1) a National Ocean Advisor and a Council on Ocean Stewardship in the Executive Office of the President; and (2) a Presidential Panel of Advisers on Oceans and Climate.Designates nine ocean regions to promote coordinated regional efforts to implement the national ocean policy. Requires the NOAA Administrator to establish or designate a Regional Ocean Partnership for each region and requires each Partnership to prepare a Regional Ocean Strategic Plan.Establishes: (1) the Committee on Ocean Science, Education, and Operations; (2) a marine biodiversity research program; (3) a network of regional Ocean Ecosystem Resource Information Systems; (4) a national interagency ocean and coastal public education program; (5) the National Ocean Science and Technology Scholarship Program; (6) the NOAA Office of Education; and (7) an educational partnership with minority-serving institutions.Requires a national mass media campaign to increase public awareness of oceans.Establishes the Ocean and Great Lakes Conservation Trust Fund.Requires payments to coastal states for Regional Ocean Strategic Plan activities.Requires the United States Postal Service (USPS) to print a special postage stamp to enable the public to help protect, maintain, and restore marine ecosystems.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-07-30 00:00:00

Section 515 Rural Housing Property Transfer Improvement Act of 2008 - Amends the Housing Act of 1949 to direct the Secretary of Agriculture to: (1) implement administrative and procedural changes to expedite the application approval process for transferring ownership of Section 515 rural multifamily housing projects for which a loan is either made or insured for a project's preservation, continued use restriction, and rehabilitation; and (2) actively facilitate such transfers. Grants final regulatory authority over such property transfers to the Office of Rental Housing Preservation of the Rural Housing Service of the Department of Agriculture. Sets forth deadlines for the processing of transfer applications.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-11-17 00:00:00

Homeowner Assistance and Taxpayer Protection Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA), with respect to mortgages acquired by the Secretary of the Treasury, to direct the Secretary to use authority to require (currently, encourage) the servicers of the underlying mortgages to take advantage of the HOPE for Homeowners Program under the National Housing Act or other available programs to minimize foreclosures. Requires federal property managers holding, owning, or controlling mortgages, mortgage backed securities, and other assets secured by residential real estate to do likewise. Directs a federal property manager to require (currently, encourage) loan servicers to implement specified loan modifications in any case in which the property manager does not own a residential mortgage loan, but holds an interest in obligations or pools of obligations secured by residential mortgage loans. Requires lenders to participate in HOPE for Homeowners Program when homeowners elect to participate. Amends Chapter 13 (Adjustment of Debts of an Individual with Regular Income) of the federal bankruptcy code to allow a debtor's plan to modify an allowed secured claim secured by the debtor's principal residence (mortgage), if, after deduction of permitted expenses, the debtor has insufficient remaining current monthly income to retain possession of the residence by curing a default and maintaining payments while the case is pending. Waives the credit counseling requirement for a debtor whose home is in foreclosure. Waives the liaibility of the debtor and the debtor's estate for certain fees arising in connection with a claim secured by the debtor's principal residence. Amends EESA to prohibit financial institutions from which troubled assets are purchased by the Secretary from paying increased dividends until such time as the troubled assets are no longer owned by the Secretary. Requires that dividends be reduced to pay for excessive executive compensation in the case of any such financial institution.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2009-01-06 00:00:00

Housing Opportunities Made Easier Act or the HOME Act - Instructs the Secretary of Housing and Urban Development to: (1) provide 150,000 incremental vouchers to public housing agencies in FY2009 for tenant-based rental housing assistance under section 8 of the United States Housing Act of 1937; and (2) renew such vouchers in each ensuing fiscal year.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to allow purchasers of a single-family principal residence a one-time tax credit for up to $15,000 of the purchase price. Requires such a residence to be purchased after February 29, 2008, and before March 1, 2009, and that it be: (1) a new previously unoccupied residence for which a building permit has been issued and construction began on or before September 1, 2007; (2) an owner-occupied residence with a mortgage indebtedness in default on or before March 1, 2008; or (3) in foreclosure and owned by the mortgagor or the mortgagor's agent.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2009-03-04 00:00:00

Amends the Internal Revenue Code to allow individual taxpayers who are liable for one or more principal residence mortgage payments which are due in 2008 or 2009 a $5,000 tax credit for making such payments on time. Requires a statement from the mortgage lender that the taxpayer was not delinquent in making any payments.