Bill Text
111th Congress (2009-2010)
H.R.4868.IH

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{title: 'THOMAS - Bill Text - H.R.4868.IH', link: 'http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4868.IH:/' }

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H.R.4868 -- Housing Preservation and Tenant Protection Act of 2010 (Introduced in House - IH)

Beginning
 March 17, 2010
    SECTION 1. SHORT TITLE AND TABLE OF CONTENTS.
    Sec. 1. Short title and table of contents.
    SEC. 2. IMPLEMENTATION.
    SEC. 3. BUDGET TREATMENT.
 TITLE I--PRESERVATION OF FEDERALLY FINANCED AND STATE-FINANCED AFFORDABLE HOUSING AT RISK OF CONVERSION TO MARKET-RATE HOUSING
    SEC. 101. CONVERSION OF RENT SUPPLEMENT AND RAP CONTRACTS TO PROJECT-BASED RENTAL ASSISTANCE UNDER SECTION 8.
    SEC. 102. PRESERVATION OF PROPERTIES WITH EXPIRING USE RESTRICTIONS.
    SEC. 103. ENHANCED VOUCHER ASSISTANCE AND PRESERVATION PROJECT-BASED SECTION 8 ASSISTANCE FOR STATE-FINANCED AFFORDABLE HOUSING.
    SEC. 104. PROJECT-BASED PRESERVATION ASSISTANCE.
    SEC. 105. PRESERVATION OF STATE-FINANCED AFFORDABLE HOUSING.
    SEC. 106. PRESERVATION EXCHANGE PROGRAM.
    SEC. 107. FEDERAL FIRST RIGHT OF REFUSAL.
    SEC. 108. AMENDMENT TO LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP ACT OF 1990.
    SEC. 109. PRESERVATION OF HUD-HELD AND HUD-OWNED BUILDINGS.
    SEC. 110. AUTHORITY FOR HUD TO ASSIGN FLEXIBLE SUBSIDY LOANS.
    SEC. 111. USE OF EXISTING SECTION 8 FUNDS TO PRESERVE AND REVITALIZE AFFORDABLE HOUSING.
    SEC. 112. AUTHORITY FOR GINNIE MAE TO SECURITIZE FHA RISK-SHARING MORTGAGES.
 TITLE II--RESTORATION OF HOUSING AT RISK OF LOSS DUE TO DETERIORATION
    SEC. 201. AUTHORITY TO TRANSFER RENTAL ASSISTANCE TO OTHER PROPERTIES.
    SEC. 202. BUILDING TRANSFERS: REQUIREMENTS FOR PURCHASERS OF FHA INSURED PROJECTS AND SECTION 8 PROJECTS.
    SEC. 203. USE OF INTEREST REDUCTION PAYMENTS FOR REHABILITATION GRANTS.
    SEC. 204. CLARIFICATION OF BUDGET-BASED RENT INCREASES FOR REHABILITATED PROJECTS.
    SEC. 205. INTEREST REDUCTION PAYMENTS FOR SECTION 236 PROJECTS EXPERIENCING A REDUCTION OF UNITS.
 TITLE III--PROTECTION OF RESIDENTS
    SEC. 301. TENANT PROTECTION VOUCHER TO REPLACE LOST SUBSIDIZED UNITS ON 1-FOR-1 BASIS.
    SEC. 302. MAINTENANCE OF HOUSING.
    SEC. 303. RESIDENT ENFORCEMENT OF PUBLIC HOUSING AGENCY OR PROJECT OWNER AGREEMENTS WITH HUD.
    SEC. 304. RESIDENT ACCESS TO BUILDING INFORMATION.
 TITLE IV--PRESERVATION OF TROUBLED PROJECTS FACING FORECLOSURE
    SEC. 401. MAINTAINING AFFORDABILITY THROUGH ESCROWING OF RENTAL ASSISTANCE.
    SEC. 402. MULTIFAMILY HOUSING MORTGAGE FORECLOSURE.
    SEC. 403. BUILDING ACQUISITION: VALUATION OF PHYSICALLY DISTRESSED PROPERTIES SOLD BY HUD.
    SEC. 404. INVESTMENT THROUGH UP-FRONT GRANTS FROM GENERAL INSURANCE FUND.
    SEC. 405. MAINTAINING PROJECT-BASED ASSISTANCE FOR PROJECTS DISPOSED OF BY HUD.
    SEC. 406. CORRECTING HARM CAUSED BY LATE SUBSIDY PAYMENTS.
 TITLE V--INCENTIVES UNDER MAHRA FOR OWNERS TO MAINTAIN HOUSING AFFORDABILITY
    SEC. 501. EXTENSION OF MARK-TO-MARKET PROGRAM.
    SEC. 502. MAINTAINING AFFORDABILITY IN PRESERVATION PROJECT TRANSACTIONS.
    SEC. 503. ENCOURAGING CONTINUED PARTICIPATION IN ASSISTED HOUSING PROGRAMS.
    SEC. 504. PREPAYMENT OF FHA MORTGAGES ON MULTIFAMILY HOUSING.
    SEC. 505. PERIOD OF ELIGIBILITY FOR NONPROFIT DEBT RELIEF.
    SEC. 506. ACQUISITION OF RESTRUCTURED PROJECTS BY NONPROFIT ORGANIZATIONS.
    SEC. 507. RENT ADJUSTMENTS UPON SUBSEQUENT RENEWALS OF SECTION 8 CONTRACTS.
    SEC. 508. BUDGET-BASED RENT ADJUSTMENTS.
    SEC. 509. INDEPENDENT APPRAISAL REQUIREMENT IN CASES OF DIVERGENT RENT STUDIES.
    SEC. 510. EXTENSION OF HOUSING ASSISTANCE PAYMENT CONTRACT.
    SEC. 511. OTHERWISE ELIGIBLE PROJECTS.
    SEC. 512. EXCEPTION RENTS.
    SEC. 513. DISASTER-DAMAGED ELIGIBLE PROJECTS.
    SEC. 514. FUNDING FOR TENANT AND OTHER PARTICIPATION AND CAPACITY BUILDING.
 TITLE VI--PRESERVATION DATABASE
    SEC. 601. PRESERVATION DATABASE.
    TITLE VII--SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY
    SEC. 701. SHORT TITLE AND TABLE OF CONTENTS.
 Subtitle A--New Construction Reforms
    SEC. 711. PROJECT RENTAL ASSISTANCE.
    SEC. 712. SELECTION CRITERIA.
    SEC. 713. DEVELOPMENT COST LIMITATIONS.
    SEC. 714. OWNER DEPOSITS.
    SEC. 715. DEFINITION OF PRIVATE NONPROFIT ORGANIZATION.
    SEC. 716. PREFERENCES FOR HOMELESS ELDERLY.
    SEC. 717. NONMETROPOLITAN ALLOCATION.
 Subtitle B--Refinancing
    SEC. 721. APPROVAL OF PREPAYMENT OF DEBT.
    SEC. 722. SOURCES OF REFINANCING.
    SEC. 723. USE OF UNEXPENDED AMOUNTS.
    SEC. 724. USE OF PROJECT RESIDUAL RECEIPTS.
    SEC. 725. ADDITIONAL PROVISIONS.
 Subtitle C--Assisted Living Facilities
    SEC. 731. DEFINITION OF ASSISTED LIVING FACILITY.
    SEC. 732. MONTHLY ASSISTANCE PAYMENT UNDER RENTAL ASSISTANCE.
 Subtitle D--National Senior Housing Clearinghouse
    SEC. 741. NATIONAL SENIOR HOUSING CLEARINGHOUSE.
 TITLE VIII--RURAL HOUSING PRESERVATION
    SEC. 801. SHORT TITLE.
    SEC. 802. PRESERVATION OF MULTIFAMILY HOUSING.
    `SEC. 545. PRESERVATION OF MULTIFAMILY HOUSING AND PROTECTION OF TENANTS.
    SEC. 803. RURAL PRESERVATION AND RURAL TENANT PROTECTION VOUCHERS.
    SEC. 804. TENANT PARTICIPATION.
    `SEC. 518. TENANT PARTICIPATION.
    SEC. 805. PRIORITY FOR FINANCING.
    SEC. 806. CONFORMING AMENDMENT.
    SEC. 807. REGULATIONS.
 
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