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Pending Housing and Community Development Bills
BY MEAVE GALLAGHER
AFFORDABLE HOUSING FINANCE • SEPTEMBER 10, 2007
The 110th Congress has been busy with housing and community development bills, particularly in the House. Follow the progress of these bills and if you support their enactment, contact your senator or congressman at: www.senate.gov and representatives at: www.house.gov.
H.R. 2895, National Affordable Housing Trust Fund Act of 2007
Sponsors: Frank, Waters, Miller of California, Ramstad, Velázquez, McHugh, English of Pennsylvania, Green of Texas, Shays, Murphy of Connecticut, Dent, Lee, Renzi, Clay, Smith of New Jersey, Lynch, Hinojosa.
Introduced by Frank on 28 June 07; passed to House 26 July 07
Summary: The goal of the Trust Fund is to construct, rehabilitate, and preserve 1,500,000 units of housing over the next 10 years.
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Latest Major Action: 7/31/2007 Passed by House Financial Services Committee.
Status: Ordered to be Reported (Amended) by Voice Vote.
H.R. 2786, Native American Housing Assistance and Self-Determination Reauthorization Act of 2007
Sponsors: Kildee, Frank, Waters
Ordered reported by voice vote on 26 June 07.
Summary: This bill would reauthorize the programs for housing assistance for Native Americans.
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Latest Major Action: 8/3/2007 Placed on the Union Calendar, Calendar No. 185.
H.R. 1982, Rural Housing and Economic Development Act of 2007
Sponsors: Hinojosa, Frank, Renzi
Introduced by Hinojosa on 20 April 07
Summary: This bill would authorize appropriations for HUD’s rural housing and economic development program.
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Latest Major Action: 7/17/2007 Referred to Senate committee.
Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
H.R. 2139, FHA Manufactured Housing Loan Modernization Act of 2007
Sponsors: Donnelly, Frank, Feeney, Tiberi
Introduced by Donnelly on 3 May 2007
Summary: This bill would modernize the manufactured housing loan insurance program under title I of the National Housing Act.
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Latest Major Action: 6/26/2007 Referred to Senate committee.
Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
H.R. 1851, Section 8 Voucher Reform Act of 2007
Sponsors: Waters, Frank, Biggert, Shays
Introduced by Waters on 29 March 07
Summary: This bill would reform the housing choice voucher program under section 8 of the United States Housing Act of 1937.
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Latest Major Action: 7/16/2007 Referred to Senate committee.
Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
H.R. 1852, Expanding American Homeownership Act of 2007
Introduced by Waters on 29 March 07
Summary: This bill would modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes.
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Latest Major Action: 6/28/2007 Placed on the Union Calendar, Calendar No. 133.
H.R. 1427, Federal Housing Reform Act of 2007
Sponsors: Frank, Watt, Baker, and G. Miller of Calif.
Introduced by Frank on 9 March 07
Summary: This bill would reform the regulation of certain housing-related government-sponsored enterprises, and for other purposes.
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Latest Major Action: May 24, 2007: Received in the Senate and read twice; referred to the Committee on Banking, Housing, and Urban Affairs.
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