jiayi-li23/proxann_data huggingface dataset:
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2007-02-14 00:00:00

Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-02-28 00:00:00

Public Housing Equal Treatment Act of 2007 - Amends the United States Housing Act of 1937 to instruct the Secretary of Housing and Urban Development (HUD), when determining certain allocations for a public housing agency, to include as eligible units all public housing dwelling units that: (1) are owned by the public housing agency at the time of such determination; and (2) have previously received assistance under an agreement with HUD authorizing the agency to expend such funds on behalf of the units.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2007-03-12 00:00:00

Military Access to Housing Act of 2007 - Amends the Internal Revenue Code to exclude military basic housing allowances from income for purposes of establishing eligibility for housing in qualified residential rental projects.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2007-03-13 00:00:00

Affordable Housing Preservation Tax Relief Act of 2007 - Amends the Internal Revenue to exclude from gross income gain from the sale or exchange of certain multifamily housing property to a housing credit agency or related organization (preservation entity) that agrees to maintain certain affordability and use restrictions for such property. Limits the excludable amount of such gain to the depreciation adjustments for such property.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-03-26 00:00:00

Preservation Approval Process Improvement Act of 2007 - Directs the Secretary of Housing and Urban Development to suspend mandatory processing of Previous Participation Certificates under the Automated Partners Performance System and permit paper filings of such certificates until the Secretary: (1) revises the December 2006 draft of specified proposed regulations to eliminate unnecessary burdens and disincentives for program participants; and (2) submits such revised draft proposed regulations to certain congressional committees for review.Instructs the Secretary also to suspend immediately all filing requirements under the Previous Participation Certificate process with respect to limited liability corporate investors who own or expect to own an interest in entities which are allowed or are expected to be allowed specified low-income housing tax credits under the Internal Revenue Code.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-03-29 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 up-front 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: 2007-04-20 00:00:00

Housing Assistance Council Authorization Act of 2007 - Authorizes the Secretary of Housing and Urban Development to provide financial assistance to the Housing Assistance Council to develop the capacity of community-based housing development organizations to undertake community development and affordable housing projects and programs in rural areas. Authorizes the Council to use such assistance for rural community-based housing development organizations to acquire: (1) technical assistance, training, support, and advice to develop business and administrative capabilities; and (2) loans, grants, or other financial assistance to carry out community development and affordable housing activities for low- and moderate-income families. Authorizes appropriations for FY2008-FY2014.
Topic: Housing — Low-Income Assistance
Subject: Finance and financial sector
Date: 2007-06-06 00:00:00

Inactive Reservists Foreclosure Prevention Act of 2007 - Instructs the Secretary of Housing and Urban Development (HUD) to implement a mortgage assistance program through grants and loans for direct mortgage payments for the primary residential property of designated eligible households. Requires such mortgage assistance to be paid monthly directly to the mortgage servicer during the period that a member of the eligible household is serving on active duty for a period of more than 30 days in the Armed Forces, including extensions in the period of such active duty. Sets forth requirements governing: (1) grant assistance, repayment, and repayment in cases of foreclosure; and (2) application procedures.
Topic: Housing — Low-Income Assistance
Subject: Taxation
Date: 2007-06-07 00:00:00

Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) an association of apartment owners of a multi-family residential leasehold property; or (2) a cooperative housing corporation for a residential leasehold property. Terminates such exclusion after 2012.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-07-12 00:00:00

Family Self-Sufficiency Act of 2007 - Amends the United States Housing Act of 1937 to revise requirements for the administrative fee payable to public housing agencies (PHAs) to cover the costs of administering family self-sufficiency programs in connection with the housing choice voucher program of the Department of Housing and Urban Development (HUD). Prescribes: (1) a base fee for a PHA serving 25 or more program participants equal to the costs of employing one full-time family self-sufficiency coordinator (prorated for an agency serving fewer than 25 such participants); and (2) an additional fee for an agency meeting minimum performance standards to cover the costs of employing a second coordinator if the agency has 75 or more participating families, and a third coordinator if it has 125 or more participating families. Requires the Secretary to publish a proposed rule specifying the performance standards applicable to funding such additional fees and agencies that have received HUD funding for more than three such coordinators between FY1998-FY2007. Requires PHAs receiving such funds to collect and report to the Secretary information on the performance of their family self-sufficiency programs. Directs the Secretary to: (1) conduct a formal and scientific evaluation of the effectiveness of well-run family self-sufficiency programs, using random assignment of participants to the extent practicable; and (2) submit interim and final reports to Congress. Authorizes appropriations for the evaluation. Permits the Secretary to reserve up to 10% of the amounts available for administrative fees to provide support to or reward family self-sufficiency programs that are particularly innovative or highly successful in achieving program goals.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-07-17 00:00:00

Small Public Housing Authority Act - Amends the United States Housing Act of 1937 to exempt a small public housing agency from the requirement to prepare an annual public agency plan if the agency: (1) administers not more than a total of 250 dwelling units and section 8 vouchers; and (2) is not a troubled agency. Requires an agency to: (1) continue to make an annual civil rights certification, and establish, and consult with, one or more resident advisory boards; and (2) conduct a public hearing to discuss agency goals and policies, and make the information available to the public at the agency's principal office. Declares that qualified small public housing agencies are not exempt from the requirements for amendments and modifications to five-year public housing agency plans. .
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-07-31 00:00:00

Directs the Secretary of the Treasury to modify certain Treasury Regulations to provide that none of the following shall be considered a grant made with respect to a building or its operation for purposes of the required reduction of eligible basis by grants received under the low-income housing tax credit: (1) specified rental assistance under the Housing Act of 1949, Housing Act of 1959, and the Cranston-Gonzalez National Affordable Housing Act; (2) loan guarantees for multifamily rental housing in rural area under the Housing Act of 1949; (3) periodic interest reduction payments on behalf of owner of rental or cooperative housing project for low-income families under the National Housing Act; (4) modernization, operating, and rental assistance under the Native American Housing Assistance and Self-Determination Act of 1996; (5) certain assistance under the Stewart B. McKinney Homeless Assistance Act for grantees following a current housing affordability strategy or an approved comprehensive homeless assistance plan; (6) tenant-based rental assistance under the Cranston-Gonzalez National Affordable Housing Act; (7) assistance under the AIDS Housing Opportunity Act; (8) per diem payments for furnishing services to homeless veterans; (9) rent supplements under the Housing and Urban Development Act of 1965; (10) rural housing voucher program assistance under the Housing Act of 1949; and (11) any other ongoing payment similar to any of these payments and designed to reduce cash flow needs from rent to enable the property to be rented to low-income tenants.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-08-01 00:00:00

Earning and Living Opportunities Act - Amends the Housing and Urban Development Act of 1968 to set forth as a condition of federal housing and community development assistance that: (1) a public or Indian housing agency or contractor shall require that at least 20% of employee hours be performed by low- or very low-income persons; and (2) a recipient of assistance for housing rehabilitation, construction, or other public construction projects and their contractors shall require that at least 20% of new employee hours be performed by low- or very low-income persons. Directs the Secretary to require a public or Indian housing agency and other recipients of federal housing and community development assistance to: (1) establish a section 3 committee of interested parties to oversee all aspects of compliance with section 3 of such Act; (2) advertise training and employment opportunities generated by development assistance; and (3) maintain a registry of eligible low- and very low-income persons who express interest in those opportunities. (Section 3 declares the policy of the Congress to ensure that the employment and other economic opportunities generated by federal financial assistance for housing and community development programs shall, to the greatest extent feasible, be directed toward low- and very low-income persons, particularly those who are recipients of government assistance for housing.) Prescribes requirements for: (1) contractor compliance and job training; and (2) agency recruitment and referral. Establishes fines for noncompliance.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-09-10 00:00:00

Public Housing Asset Management Improvement Act of 2007 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing any requirement, regulation, or guideline relating to asset management that restricts or limits in any way the use by PHAs of amounts for Capital Fund assistance for costs of any PHA central office. Requires the Secretary to ensure that PHAs encourage the reasonable efforts of resident tenant organizations to represent their members and of tenants to organize. Requires guidance issued by the Secretary to encourage participation by residents in the implementation of asset management and the development of local policies for such purposes.
Topic: Housing — Low-Income Assistance
Subject: Finance and financial sector
Date: 2007-09-19 00:00:00

Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. Requires: (1) homeowner repayment of such assistance and interest; and (2) certain conditions to be met before legal action may be taken against a qualifying homeowner, including providing the homeowner with program notice.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-10-17 00:00:00

Section 515 Rural Housing Property Transfer Improvement Act of 2007 - 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. (A Section 515 project is one involving housing and related facilities for elderly persons and families or other persons and families of low income.)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.Authorizes such Office, with respect to such transfers, to work with and seek recommendations from the State Rural Development offices of the Department of Agriculture.Sets forth deadlines for the processing of transfer applications by such Office as well as by state and local offices.Instructs the Secretary of Agriculture to report to certain congressional committees on: (1) actions taken to coordinate with other federal agencies, including the Department of Housing and Urban Development (HUD) and the Internal Revenue Service (IRS), and, in particular, with the program for rental assistance under section 8 of the United States Housing Act of 1937, the multifamily mortgage insurance programs under title II of the National Housing Act, and the programs for low-income housing tax credits and for tax-exempt bonds under the Internal Revenue Code; (2) resulting improvements within the Rural Housing Service in expediting the transfer of ownership of projects with loans made or insured under section 515 of the Housing Act of 1949; and (3) recommended legislative changes.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-10-30 00:00:00

Rural Housing Preservation Act of 2007 - Amends the Housing Act of 1949 to require the Secretary of Agriculture to carry out a preservation program to provide financial incentives and other assistance to owners of Section 515 rural multifamily housing projects through long-term use agreements entered into between the project owners and the Secretary. (A Section 515 project is one involving housing and related facilities for elderly persons and families or other persons and families of low income.)Authorizes the Secretary to give priority to applications for eligible projects located on tribal trust lands or other Indian areas, in colonias, or in other small, poor, low-income communities.Requires the Secretary to prepare and approve a long-term viability plan for each eligible project for which the owner requests to participate. Allows the Secretary, subject to certain conditions, to offer a project owner a financial restructuring plan, based on the long-term viability plan, and specified project preservation incentives.Specifies compliance requirements for rents for any eligible households residing in a dwelling unit in any preserved Section 515 project, including: (1) a disregard for certain earned income for residents; and (2) phase-in of rent increases.Establishes conditions that makes certain project owners ineligible to participate in the preservation program.Requires the Secretary to make rural preservation and rural tenant protection vouchers available to certain eligible households.Requires the Secretary to give priority, in entering into contracts involving financing for new construction of a Section 515 project, for projects located in eligible rural areas needing affordable low-income rental housing because of prepayment of Section 515 loans.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2007-12-18 00:00:00

Consumer Protection Home Inspection Counseling Act of 2007 - Requires the Secretary of Housing and Urban Development (HUD) to establish a comprehensive program to train HUD staff, contractors, individuals, and entities that provide housing counseling under specified HUD-funded programs also to provide counseling to consumers on voluntary home inspection. Requires the Secretary to develop a new independent protocol, or amend existing protocols, to certify that such housing counselors have successfully completed training using the voluntary home inspection training module and counseling aids established and developed pursuant to this Act. Limits authorized counseling to certified counselors. Directs the Secretary to take necessary action to make such training module and counseling aids known to state and local governments, nonprofit organizations, consumer organizations, and the general public.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-01-23 00:00:00

Mobile Home Protection Act - Amends the United States Housing Act of 1937 (section 8 voucher program) to require a public housing agency (PHA) to contract to make section 8 rental assistance payments directly to a family (rather than to the owner of the real property on which the family's manufactured (mobile) home is located) only in the case of a low-income family that owns a manufactured home, rents the real property on which it is located, and to whom assistance under such Act has been made available. Sets as conditions for such a direct payment contract that: (1) the owner of the real property refuses to enter into a contract to receive assistance payments; (2) the family was residing in the manufactured home on the real property at the time such assistance was initially made available on the family's behalf; (3) the family provides assurances to the agency that amounts from the assistance payments are used for rental of the real property; and (4) such rental otherwise complies with the Act's requirements for assistance.
Topic: Housing — Low-Income Assistance
Subject: Housing and community development
Date: 2008-02-25 00:00:00

Affordable Homeownership Preservation Fund Act of 2008 - Amends the Neighborhood Reinvestment Corporation Act to establish in the Treasury an Affordable Homeownership Preservation Fund to allow the Neighborhood Reinvestment Corporation, doing business as Neighborworks America, to provide financial assistance through grants to community development organizations for eligible activities to enhance and improve the availability of affordable housing. Requires such eligible activities to be: (1) carried out in accordance with the comprehensive strategic plan for the organization submitted under this Act; and (2) consistent with existing economic, community, and housing development plans adopted by or applicable to the area or targeted population served by the organization. Allows such activities to include: (1) assisting distressed homeowners with small low-interest or no-interest loans; (2) making mortgage loans to first-time homebuyers; and (3) purchasing, rehabilitating, and selling foreclosed properties for owner-occupancy.