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Bill· HRH.R. 7826 (93rd)referred
United States · United States Congress · 15 May 1973
Increases the amount of the annual contributions which may be paid under the United States Housing Act with respect to low-rent housing projects by revising the subsidy formula. (Amends 42 U.S.C. 1410(c))
Bill· HRH.R. 7839 (93rd)referred
United States · United States Congress · 15 May 1973
Provides that individuals, families, and business concerns displaced by an urban renewal project shall have a priority of opportunities to relocate in the project area after its redevelopment. (Adds 42 U.S.C. 1456(j))
Bill· HRH.R. 7831 (93rd)referred
United States · United States Congress · 15 May 1973
Revises the income limitation for purposes of interest reduction payments authorized to be contracted for pursuant to various housing assistance appropriation Acts. (Amends 12 U.S.C. 1715 z-1(i)12)
Bill· HRH.R. 7827 (93rd)referred
United States · United States Congress · 15 May 1973
Removes the existing dollar limitation on the amount of annual contributions which may be contracted for to assist low-rent public housing under the United States Housing Act. (Amends 42 U.S. 1410(e))
Bill· HRH.R. 7840 (93rd)referred
United States · United States Congress · 15 May 1973
Provides, under the Housing Act of 1949, for relocation payments to individuals, families, and business concerns displaced from urban renewal areas. Sets forth the method for determining losses of property for purposes of this Act. (Amends 42 U.S.C. 1465)
Bill· HRH.R. 7836 (93rd)referred
United States · United States Congress · 15 May 1973
Prohibits the States and general or special purpose units of local government in the exercise of their powers with respect to planning, zoning, subdivision controls, building codes, or other matters affecting land use, from preventing the reasonable provision of law and moderate income housing in undeveloped or predominantly underdeveloped parts of any community within a metropolitan area as defined in this Act. Defines the term metropolitan area as meaning any city or municipality having a population of 100,000 or more, together with all general or special purpose units of local government located within a fifty-mile radius of such city or municipality. Authorizes the Attorney General to bring a civil action in any appropriate United States district court to enforce compliance with the provisions of this Act. Defines those classes of individuals who may bring such civil action in the belief that they have been or are being deprived of the assistance or benefit of the provisions of this Act. Provides that in the administration of any Federal program assisting in the construction or development of housing, or in carrying out open-space or urban development projects, or other projects, a priority shall be given to applications made with respect to property located within the jurisdiction or boundaries of any general or special purpose unit of local government in a metropolitan area which has drawn up, submitted, and had approved by the Secretary of Housing and Urban Development, or which is subject to the jurisdiction of an areawide agency that exercises powers with respect to planning, zoning, subdivision controls, building codes or permits, or other matters affecting land use in the area which such unit or agency represents and has drawn up, submitted, and had approved by the Secretary of Housing and Urban Development, a plan or plans: (1) specifically providing for the inclusion of low and moderate income housing in the areas within the jurisdiction of such unit or agency that are undeveloped or predominantly undeveloped but that are in the path of development, in a manner consistent with any local comprehensive or master planning for such areas; and (2) providing, with respect to the areas within the jurisdiction of such unit or agency in which little or no vacant land is available for low and moderate income housing because of existing density and land use, for compensatory arrangements with other localities within the same metropolitan area still having available vacant land for the construction of low and moderate income housing in those localities, so that no metropolitan area will be left without a proportionate and well-distributed number of units of low and moderate income housing. Provides that any such plan or compensatory arrangement shall be designed to avoid the concentration of low and moderate income housing within any fixed geographical boundaries in any metropolitan area; and any unit or agency which enters into a compensatory arrangement with another locality or localities for the provision of low and moderate income housing because its current density and land use precludes the construction of additional low and moderate income housing within its boundaries shall, when currently used sites become vacant, make every effort to include such housing within its boundaries. Directs the Secretary to provide upon request appropriate technical assistance to any unit or agency developing a plan or entering into an arrangement under this Act.
Bill· HRH.R. 7832 (93rd)referred
United States · United States Congress · 15 May 1973
Revises the formula for computing the rent supplement payments under the Housing and Urban Development Act by deducting from the tenant's income $200 for each minor and adult member of the family having no income. (Amends 12 U.S.C. 170s (d))
Bill· HJRESH.J.Res. 553 (93rd)referred
United States · United States Congress · 10 May 1973
Increases the limitation on the face amount of flood insurance coverage authorized to be outstanding under the Housing and Urban Development Act from $4,000,000,000 to $6,000,000,000.
Bill· HRH.R. 7615 (93rd)referred
United States · United States Congress · 9 May 1973
States that nothing contained or prescribed in the Housing Act of 1949 or any other Federal Law shall prevent a locality from having and continuing in effect a building, plumbing, electrical, fire prevention, or related code emboding standards which, in terms of protecting the public health and safety, are determined by the National Bureau of Standards to be as high as or higher than the corresponding minimum code standards specified by the Secretary of Housing and Urban Development as required to be met in order for such locality to qualify for assistance or certification under the Act or any other provision of Federal law.
Bill· SS. 1744 (93rd)referred
United States · United States Congress · 8 May 1973
Community Development Assistance Act - Sets forth Congressional findings that: (1) the Nation's cities, towns, and smaller urban communities face critical social, economic and environmental problems arising from the growth of population in urban areas and the concentration of lower-income persons in central cities, and inadequate public and private investment in planning physical facilities services; and (2) the Nation's future welfare depends on the establishment and maintenance of viable urban communities and declares that the purpose of this Act is to improve the present system of Federal assistance through simplifying and consolidating existing categorical programs and authorizing a new program to assure greater continuity of Federal support and to increase public and private investment in community development. Provides that the program of Federal Assistance provided in this Act is designed to support community development activities which are directed toward: (a) conserving and expanding the Nation's housing stock; (b) eliminating slums and preventing deterioration of property and facilities; (c) achieving more national utilization of land; (d) expanding and improving the quality of community services; (e) restoring and preserving properties of special value; and (f) eliminating conditions which are detrimental to health. Sets forth definitions of terms used in this chapter. Sets forth specified activities which further the purposes of the Act including (1) acquisition of property which is blighted or inappropriately developed, appropriate for rehabilitation or conservation, necessary for preservation, beautification, conservation or future development, to be used for public works, facilities or other public purposes; (2) disposition of property at its fair value; (3) clearance or demolition of buildings; (4) acquisition, construction or reconstruction of community facilities; and (5) designing and interim financing for the construction of certain public facilities. Authorizes the Secretary to incure obligations in an amount not exceeding $5.9 billion as approved in an Appropriation Act, beginning July 1, 1974 for these purposes. Provides that authority to liquidate obligations would be limited to $2.7 billion prior to July 1, 1975, and $5.9 billion prior to July 1, 1976, with sums appropriated remaining available until expended. Requires the Secretary to report to the Congress annually, and to submit requests for increased authorizations and any needed adjustments in the schedule for liquidation of obligations in a timely manner. Requires that 75 percent of the appropriated funds for community development be allocated to metropolitan areas. Provides that each metropolitan area would be eligible for annual grants. Requires the Secretary to make a report to the Congress not later than September 1, 1975, setting forth his recommendations for modifying or expanding provisions related to the method and level of funding and the allocation of funds, the determination of the basic grant entitlement, and for the application of such provisions in the future distribution of funds under the Act. Provides that financial assistance shall be granted only upon an annual application by a community development agency. Sets forth provisions which each application would be required to contain. Authorizes the Secretary to enter into contracts to make grants to community development agencies for activities to be carried out within a two year period. Provides that no grant may exceed 90 percent of any agency's total net program cost. Provides that where the program involves rehabilitation grants or relocation payments, the grant may be increased, subject to prescribed limitations, to include either the full cost of making rehabilitation grants, or the full cost up to $25,000 for each displaced person for relocation. States that non-Federal contributions to the program cost must be in the form of cash grants, property donated at cash value, or public services or improvements at their cost. Excludes from the cost of carrying out community development activities the portion of that cost payable under any other Federal grant program. Authorizes loans at not less than the going Federal rate to community development agencies to finance activities pending receipt of grant assistance. Provides interim financing for the construction of public facilities. Provides that these funds may be obtained by issuance of obligations not to exceed $1,500,000,000 under conditions prescribed by the Secretary with the approval of the Secretary of the Treasury, who is further authorized to purchase and sell any of these obligations as public debt transactions. Authorizes the Secretary to make rehabilitation loans where the rehabilitation is necessary or appropriate under an approved community development program. Provides that the Secretary in carrying out the provisions of this Act shall consult with other Federal agencies which administer grant-in-aid programs.
Bill· HRH.R. 7608 (93rd)referred
United States · United States Congress · 8 May 1973
Authorizes appropriations to create a program to facilitate the construction of community marine ways under the Fish and Wildlife Act of 1956.
Bill· HRH.R. 7532 (93rd)referred
United States · United States Congress · 3 May 1973
Increases the area within which Federal National Mortgage Association (FNMA) must maintain its principal office to include the metropolitan area of the District of Columbia. Provides that FNMA be considered a District of Columbia corporation for the purpose of jurisdiction as well as venue in civil cases. Increases from 75 percent to 80 percent the maximum loan-to-value ratio of conventional mortgages FNMA may purchase (where such maximum is applicable). Allows FNMA to purchase conventional mortgages which are insured by non-private insurers. Changes the dollar limitation on FNMA's single family conventional purchases from the limitation on FHA mortgages to the limitation applicable to single family mortgages purchased by Federal Savings and Loan Associations. Provides that FNMA employees who transferred directly from the Federal Government between May 21, 1970, and January 31, 1972, shall be given the option of retaining their coverage under the Civil Service Retirement law with costs being divided between such employees and FNMA.
Bill· SJRESS.J.Res. 103 (93rd)referred
United States · United States Congress · 2 May 1973
Directs the Secretary of Transportation to make an investigation and study of the condition and adequacy of farm to market roads, railroad beds, and availability of operational rail lines serving rural areas in the United States.
Resolution· HRESH.Res. 371 (93rd)passed
United States · United States Congress · 1 May 1973
Provides that upon the adoption of this resolution it shall be in order to move that the House resolve itself into the Committee of the Whole House on the State of the Union for the condideration of the bill (H.R. 6370) to extend certain laws relating to the payment of interest on time and savings deposits, to prohibit depository institutions from permitting negotiable orders of withdrawal to be made with respect to any deposit or account on which any interest or dividend is paid, to authorize Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations, and for other purposes. States that after general debate, which shall be confined to the bill and shall continue not to exceed one hour, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Banking and Currency, the bill shall be read for amendment under the five-minute rule. Stipulates that, at the conclusion of the consideration of the bill for amendment, the Committee shall rise and report the bill to the House with such amendments as may have been adopted, and the previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit.
Bill· HRH.R. 7277 (93rd)referred
United States · United States Congress · 19 April 1973
Better Communities Act - Sets forth the findings of Congress and the purpose of this Act. Defines the terms used in the Act. Enumerates the community development activities for which a recipient may utilize shared Federal revenues provided under this Act. Requires the recipient, prior to receiving any funds, to prepare a final statement of community development objectives and projected use of funds for the fiscal year, and to provide the Secretary of Housing and Urban Development with a certification that the recipient is in full compliance with the public requirements and other provisions of this Act. Declares that within 60 days after the close of the fiscal year, the recipient shall make public and shall forward to the Secretary a report of the activities paid for during the fiscal year. Provides formulae for the allocation and distribution of funds. Permits loans to finance any community development activity. Prohibits, on the ground of race, color, national origin, or sex, discrimination under any program or activity funded under this Act, and provides the means of enforcement of this provision. Sets forth the labor standards to be observed. Authorizes the Secretary to terminate any urban renewel project being carrred out as soon as practicable after consultation with the agency carrying out the project and the chief executive of the locality in which it is located, and to effect a financial closeout as if the project had been fully completed on the termination date. Requires records, audits, and reports of revenues shared under this Act. Prohibits a Federal contribution, in addition to shared revenue funds, to recipients for costs incurred in providing relocation payments and assistance for those displaced by community development activities assisted under this Act. Includes remedies for noncompliance with this Act and authorizes the Secretary to prescribe regulations necessary to carry out the purposes and conditions of this Act.
Bill· HRH.R. 7250 (93rd)referred
United States · United States Congress · 19 April 1973
Provides that under the Civil Rights Act of 1964 no person shall be denied the equal right to rent, purchase, finance (through mortgage or otherwise), or insure a dwelling on account of race, color, religion, sex, marital status, national origin, or, if an adult, age. States that any person who is denied a right in violation of this Act shall be entitled to damages and all other appropriate legal and equitable relief. Provides that whenever the Attorney General receives a complaint in writing signed by an individual to the effect that such person is being denied a right in violation of this Act, and the Attorney General believes the complaint is meritorious and certifies that the signer of such complaint is unable, in his judgment, to initiate and maintain appropriate legal proceedings for relief, and that the institution of an action will materially further the purposes of this Act, the Attorney General is authorized to institute for or in the name of the United States a civil action in any appropriate district court of the United States against such parties and for such relief as may be appropriate.
Bill· SS. 1614 (93rd)referred
United States · United States Congress · 17 April 1973
Home Buyer and Home Owner Protection Act - States that in any case where a mortgage covering property improved by a one- to four-family dwelling is insured under any provision of the National Housing Act and the mortgage is approved for such insurance prior to the beginning of construction, the seller or such other person as may be required by the Secretary shall deliver to the mortgagor a warranty that the dwelling is constructed in substantial conformity with the plans and specifications on which the Secretary based his valuation of the dwelling, and has no structural or other defects which could seriously affect the use and livability of the dwelling. States that the warranty required by this Act shall be in addition to, and not in derogation of, all other rights and privileges which the mortgagor may have under any other law or instrument. Provides that if the owner of any property which is improved by a one- to four-family dwelling covered by a mortgage insured under any provision of this Act requests assistance from the Secretary within five years after the insurance of the mortgage, the Secretary is authorized: (1) to correct structural defects in any such property or any other defects in such property which seriously affect the use and livability of the dwelling; (2) to pay the claims of such owners arising from any such defect or from any substantial nonconformity with any plans and specifications on which the Secretary based his valuation of the dwelling; or (3) to acquire title to property in which any such defect or nonconformity exists. Permits the Secretary to require from the seller of any dwelling an agreement to reimburse him for any payments made pursuant to this subsection with respect to such dwelling. Authorizes the Secretary to provide, in connection with the operation of the Federal Housing Administration, neighborhood counseling services in areas in which he determines that there is a special interest in and need for federally assisted homeownership programs. Sets forth the provisions of such programs. Directs the Secretary by regulation to prescribe 'fair-dealing requirements' which must be observed by any person selling real property, if the property is to be occupied by the purchaser or his family as a residence, and the sale is to be financed with assistance under this Act. Sets forth the requirements of such regulations. Establishes in the Department of Housing and Urban Development an Office of Consumer Affairs which shall represent and be an advocate in behalf of the interests of housing consumers in proceedings within the Department. Directs the Secretary of Housing and Urban Development to transmit to the Congress a report on the need for and the feasibility of: (1) a program to provide, by insurance or otherwise, home repair assistance for low- and moderate-income homeowners; and (2) a program whereby mortgagors under mortgages insured by the Secretary pay a monthly fee or premium into an escrow account to be utilized for repairs resulting from latent defects.
Bill· SS. 1604 (93rd)referred
United States · United States Congress · 17 April 1973
Fair Housing Opportunity Act - Prohibits discrimination on the basis of sex in the sale or rental of housing. (Amends 42 U.S.C. 3604, 3605, 3606)
Bill· HJRESH.J.Res. 512 (93rd)open
United States · United States Congress · 17 April 1973
Extends for one year the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages under the Federal Housing Administration insurance programs. Extends the authorizations pursuant to the following programs relating to housing and urban development: (1) urban renewal, (2) model cities, (3) open-space land, (4) neighborhood facility grants, (5) rehabilitation loans, (6) new community development, and (7) rural housing.
Bill· HRH.R. 7075 (93rd)referred
United States · United States Congress · 16 April 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· SS. 1579 (93rd)referred
United States · United States Congress · 13 April 1973
Housing Opportunities for the Handicapped Act - Authorizes the Secretary of Health, Education, and Welfare to make grants to eligible sponsors to carry out a demonstration program to provide housing and coordination of existing supportive services for severly handicapped adults. Defines those terms applicable to this act and determines those persons who are considered eligible for benefits under this Act. Requires the Secretary to report to Congress not later than March 1 of each year or his activities under this Act. Authorizes to be appropriated $1,000,000 for fiscal year 1974, $1,500,000 for fiscal year 1975, and $2,000,000 for fiscal year 1976 to carry out the provisions of this Act.
Bill· SS. 1556 (93rd)referred
United States · United States Congress · 12 April 1973
Community Service Educational Benefits Act - States that the purpose of this Act is to provide educational benefit payments to young people who have served in community service programs and thereby to balance formal education with community services. Outlines those terms applicable to this act. Authorizes those sums that are necessary to carry out this Act. Directs the Director of Action to make payments to eligible individuals for progress of community service trainers or causes of study conducted by State institutions and agencies approved by time. Authorizes the Director to keep a list of approved programs, and to develop procedures for choosing eligible individuals. Establishes a Board known as the Community Services Educational Benefits Board to advise the Director under this Act. Specifies the composition and responsibility of such Board. Prescribes those methods by which individuals shall make applications for assistance under this Act. Outlines the administrative powers of the Director under this Act.
Bill· HRH.R. 6929 (93rd)referred
United States · United States Congress · 12 April 1973
Provides that homeowner mortgage interest paid by the Secretary of Housing and Urban Development on behalf of a low-income mortgagor shall not be tax deductible under the Internal Revenue Code by such a mortgagor. (Amends 26 U.S.C. 280)
Bill· HRH.R. 6766 (93rd)referred
United States · United States Congress · 10 April 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· HRH.R. 6737 (93rd)referred
United States · United States Congress · 9 April 1973
Allows an itemized tax deduction under the Internal Revenue Code up to $600 to tenants of houses, apartments, or other dwelling units used as their principal residence.
Bill· HRH.R. 6697 (93rd)referred
United States · United States Congress · 9 April 1973
Community School Center Development Act - Declares the purpose of this Act to be to provide recreational, educational, and a variety of other community and social services through the establishment of a community school as a center for such activities in cooperation with other community groups. Title I: Community Education Center Grants - Authorizes the Commissioner of Education to make institutions of higher education to develop and establish programs in community education which will train people as community school directors. Provides that each application to the Commissioner for such grants shall: (1) provide that the programs and activities for which assistance is sought will be administered by or under the supervision of the applicant; (2) describe the programs and activities for which assistance is sought; (3) set forth fiscal control and fund accounting procedures; and (4) provides for reports in such form and containing such information as the Commissioner may reasonably require. Authorizes to be appropriated such sums as may be necessary to carry out the purpose of the title. Title II: Grants for Community Schools - Authorizes the Commissioner to make grants to local educational agencies for the establishment of new community school programs and the expansion of existing ones and for the training and salaries of community school directors as well as actual and administrative and operating expenses. Requires every State community school coordinator to attend and participate in such conferences, seminars, or other training activity which the Commissioner shall establish prior to commencement of the implementation of the State's program. Establishes standards for the apportionment of project grants available to each State. Provides that grants shall be made to the respective State educational agencies for payment to the appropriate local educational agencies. Authorizes to be appropriated such sums as may be necessary to carry out the purposes of this title. Title III: Community School Promotion - Directs the Commissioner to accumulate and disseminate pertinent information to local communities, to appoint twenty-five teams of not more than four individuals each to assist communities contemplating the adoption of a community school program, and to establish a program of permanent liaison between the community school districts and the Commissioner. Establishes in the office of the Commissioner a Community School Advisory Council, the member to be appointed by the President for two-year terms. Directs the Commissioner to make available to the Council such information, staffs and other assistance as it may require to carry out its activities. Authorizes to be appropriated such sums as may be necessary to carry out the purpose of the title. Title IV: Miscellaneous - Provides that nothing in this Act shall be construed to authorize any department or agency to exercise control over the curriculum, program of instruction, administration, or personnel of any educational institution or school system. Authorizes any State or local educational agency displeased with the Commissioner to delegate any of his functions under this Act, except the making of regulations, to any officer or employee of the Office of Education. Requires the Commissioner to transmit to the President and to the Congress annually a report of activities under this Act, including the name of each applicant and the number and amount of grants.
Bill· HRH.R. 6599 (93rd)referred
United States · United States Congress · 4 April 1973
Authorizes an increase, under the Home Owners Loan Act, of up to 50 percent of the dollar amount otherwise applicable in the principal amount of mortgages on properties in Alaska, Guam, and Hawaii. (Amends 12 U.S.C. 1464(c))
Bill· HRH.R. 6578 (93rd)referred
United States · United States Congress · 4 April 1973
Requires the Secretary of Agriculture to use the Rural Housing Insurance Fund for the purpose of making loans for housing and buildings on farms in the amounts specified in appropriation Acts for such purpose. Provides that 10 percent of such funds shall be used to grant low interest rate loans to low and moderate income persons and families. (Amends 42 U.S.C. 1487(c))
Bill· HRH.R. 6561 (93rd)referred
United States · United States Congress · 4 April 1973
Requires the Secretary of Agriculture to use the Rural Housing Insurance Fund for the purpose of making loans for housing and buildings on farms in the amounts specified in appropriation Acts for such purpose. Provides that 10 percent of such funds shall be used to grant low interest rate loans to low and moderate income persons and families. (Amends 42 U.S.C. 1487(c))
Bill· HRH.R. 6608 (93rd)referred
United States · United States Congress · 4 April 1973
Requires the Secretary of Agriculture to use the Rural Housing Insurance Fund for the purpose of making loans for housing and buildings on farms in the amounts specified in appropriation Acts for such purpose. Provides that 10 percent of such funds shall be used to grant low interest rate loans to low and moderate income persons and families. (Amends 42 U.S.C. 1487(c))
Bill· HRH.R. 6538 (93rd)referred
United States · United States Congress · 3 April 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 6528 (93rd)referred
United States · United States Congress · 3 April 1973
Home Prevention Act - Title I: Refinancing for Home Preservation - Authorizes the Secretary of Housing and Urban Development to insure any mortgage in accordance with the provisions of this Act, and to make commitments for such insurance prior to the date of the execution of any mortgage or any disbursement thereon. Directs the Secretary to establish procedures to expedite, to the maximum extent feasible, the processing and approval of applications for such insurance States that the purpose of this Act is to encourage the preservation and upgrading of existing low-and moderate-income housing through such a program of mortgage insurance. Provides that such mortgage insurance shall apply to predominately residential property which provides either low-or moderate-income housing and satisfies specified conditions regarding the property's potential and present condition. Provides for a limitation on the amount of indebtedness insured. Provides for complete amortization by periodic payments within terms satisfactory to the Secretary, as the mortgagor and mortgagee agree upon, but not to exceed 25 years. Provides that the interest rate on such mortgage shall not exceed the Secretary's regulation. Provides precentage limitations upon the Secretary's insurance obligation with respect to the principal of a mortgage. Authorizes the Secretary to issue regulations to assure that the purpose of the act is accomplished. Title II: Home Repair Loans For the Elderly and Handicapped - Provides that in order to assist elderly or handicapped families repair or improve their homes, the Secretary is authorized to provide assistance in the form of loans to qualified borrowers and in the form of advances when necessary to specified recipients. States that loan assistance shall limit the principal to the lesser of $5,000 or the cost of the necessary repairs and improvements, bear an interest rate of 3 percent, and be amortized within fifteen years. Provides that advances shall create a lien upon the property, will not exceed $5000 and bear no interest. Title III: Emergency Home Preservation Loans - Authorizes the Secretary to enter into a loan agreement, upon such terms and conditions as he may prescribe, with a mortgagor who is temporarily unable to make monthly mortgage payments as a result of the death, disability, illness, or unemployment of the principal mortgagor for reasons beyond his control, which agreement provides for the making of disbursements on that loan in the form of periodic payments to a mortgagee on behalf of that mortgagor. Provides for loan limitations and regulations to be made by the Secretary. Authorizes the Secretary, upon such terms and conditions as he may prescribe, to make home repair loans to homeowners who are unable to finance on reasonable terms, by any means other than this Act, the full cost of repairs necessary to maintain their homes. Defines who is a qualified borrower. Title IV: Miscellaneous - Creates a Home Preservation Fund which shall be used by the Secretary in administering this Act. Authorizes $50,000,000 to be appropriated for this fund.
Bill· SS. 1440 (93rd)referred
United States · United States Congress · 2 April 1973
Provides that the Secretary of Housing and Urban Development shall immediately cease any suspension of Federal housing assistance programs or any withholding of funds for such programs, and shall carry out such programs in the current and each suceeding fiscal year to the full extent possible pursuant to the contract authority or other funds appropriated or otherwise authorized or made available by the Congress for such programs in each such fiscal year. States that the Secretary in carrying out his responsibilities under this Act, shall not withhold or delay the approval of applications for contracts under the Federal housing assistance programs, the entry into contracts under such programs, or the expenditure of funds appropriated for such programs.
Bill· HRH.R. 6443 (93rd)referred
United States · United States Congress · 2 April 1973
Directs the Secretary of Housing and Urban Development to immediately cease any suspension of Federal housing assistance programs. Directs that Federal housing assistance programs shall be carried out to the full extent authorized by Congress. Directs the Secretary not to withhold or delay any application approvals for such programs.
Law· HRH.R. 6370 (93rd)open
United States · United States Congress · 29 March 1973
Prohibits depository institutions from permitting negotiable orders of withdrawal to be made with respect to any deposit or account on which any interest or dividend is paid. Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations. Prohibits depository institutions from permitting negotiable orders of withdrawal to be made with respect to any deposit or account on which any interest or dividend is paid. Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations.
Bill· HRH.R. 6401 (93rd)referred
United States · United States Congress · 29 March 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 6400 (93rd)referred
United States · United States Congress · 29 March 1973
Requires that any building codes or other local ordinances which cover federally-assisted housing shall not restrict the utilization of improved technology and materials. Provides for civil suits by those persons aggrieved by such a code or ordinance in conflict with this Act.
Bill· HRH.R. 6303 (93rd)referred
United States · United States Congress · 29 March 1973
Requires that any building codes or other local ordinances which cover federally-assisted housing shall not restrict the utilization of improved technology and materials. Provides for civil suits by those persons aggrieved by such a code or ordinance in conflict with this Act.
Bill· HRH.R. 6238 (93rd)referred
United States · United States Congress · 28 March 1973
Authorizes the Administrator of Veterans' Affairs to purchase from one or more life insurance companies a policy or policies of mortgage protection life insurance on a group basis for veterans unable to obtain commercial life insurance at a substandard rate because of a service-connected disability. Sets forth the maximum amount of insurance under a policy provided under this Act. Authorizes the Administrator to deduct insurance premiums from any compensation or other cash benefits payable to veterans by the Veterans' Administration, and to pay such premiums to the insurers. Provides that the United States shall bear all of the cost of the insurance provided under this Act, except the amount of premium rates. States that any amount of insurance in force under this Act on the date of death of an insured veteran shall be paid only to the holder of the mortgage loan on the veteran's home as a credit toward loan indebtedness. Requires each policy purchased under this Act to provide for the following: (1) reinsurance with other insurers which meet the Administrator's criteria; (2) that the Administrator may discontinue a whole policy, or exclude from coverage loans made after a date fixed by him; (3) issuance to each insured veteran of a certificate setting forth the benefits to which he is entitled; (4) any other provisions necessary to carry out this Act; and (5) an annual accounting to the Administrator of the amount of premiums paid, the total of all mortality and other claim charges incurred, and the amount of the insurer's expenses and risk charges. States that insurance under this Act shall terminate upon whichever of the following events first occurs: (1) satisfaction of the veteran's indebtedness under the loan upon which the insurance is based; (2) the veteran's 70th birthday; (3) termination of the veteran's ownership of the property securing the loan; (4) discontinuance of payment of premiums by the veteran; or (5) discontinuance of the entire contract or agreement. (Adds 38 U.S.C. 791-95)
Bill· HRH.R. 6239 (93rd)referred
United States · United States Congress · 28 March 1973
Authorizes the Administrator of Veterans' Affairs to purchase from one or more life insurance companies a policy or policies of mortgage protection life insurance on a group basis for veterans unable to obtain commercial life insurance at a substandard rate because of a service-connected disability. Sets forth the maximum amount of insurance under a policy provided under this Act. Authorizes the Administrator to deduct insurance premiums from any compensation or other cash benefits payable to veterans by the Veterans' Administration, and to pay such premiums to the insurers. Provides that the United States shall bear all of the cost of the insurance provided under this Act, except the amount of premium rates. States that any amount of insurance in force under this Act on the date of death of an insured veteran shall be paid only to the holder of the mortgage loan on the veteran's home as a credit toward loan indebtedness. Requires each policy purchased under this Act to provide for the following: (1) reinsurance with other insurers which meet the Administrator's criteria; (2) that the Administrator may discontinue a whole policy, or exclude from coverage loans made after a date fixed by him; (3) issuance to each insured veteran of a certificate setting forth the benefits to which he is entitled; (4) any other provisions necessary to carry out this Act; and (5) an annual accounting to the Administrator of the amount of premiums paid, the total of all mortality and other claim charges incurred, and the amount of the insurer's expenses and risk charges. States that insurance under this Act shall terminate upon whichever of the following events first occurs: (1) satisfaction of the veteran's indebtedness under the loan upon which the insurance is based; (2) the veteran's 70th birthday; (3) termination of the veteran's ownership of the property securing the loan; (4) discontinuance of payment of premiums by the veteran; or (5) discontinuance of the entire contract or agreement. (Adds 38 U.S.C. 791-95)
Bill· HRH.R. 6151 (93rd)referred
United States · United States Congress · 27 March 1973
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords. Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level. Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
Bill· HRH.R. 6113 (93rd)referred
United States · United States Congress · 26 March 1973
Authorizes the President to issue such orders and regulations as he deems appropriate to stabilize rents at their January 10, 1973 levels. Limits future rent increases to five percent per annum.
Bill· SS. 1349 (93rd)referred
United States · United States Congress · 22 March 1973
Requires the Secretary of Agriculture to use the Rural Housing Insurance Fund for the purpose of making loans for housing and buildings on farms in the amounts specified in appropriation acts for such purpose. Provides that 60 percent of such funds shall be used to grant low interest rate loans to low and moderate income persons and families. (Amends 42 U.S.C. 1487(c))
Bill· SS. 1348 (93rd)referred
United States · United States Congress · 22 March 1973
National Mobile Home Safety Standards Act - Title I: Mobile Home Safety Standards - Directs the Secretary of Housing and urban Development to establish by order appropriate Federal mobile home safety standards. Provides that in prescribing standards under this Act, the Secretary shall: (1) consider relevant available mobile home safety data: (2) consult with such State or interstate agencies (including legislative committees) as he deems appropriate; (3) consider whether any such proposed standard is reasonable, practicable, and appropriate for the particular type of mobile home for which it is prescribed; (4) consider whether any such standard will place an undue financial burden upon manufacturers and distributors of mobile homes; (5) consider whether any such standard will result in a substantial increase in the retail price of mobile homes; and (6) consider the extent to which any such standard will contribute to carrying out the purpose of this title. Directs the Secretary to issue initial Federal mobile home safety standards upon the expiration of a one hundred eighty-day period which begins on the date of enactment of this Act. Provides that the Secretary shall issue new and revised Federal mobile home safety standards under this title upon the expiration of the three hundred sixty-day period which begins on the date of enactment of this Act. Directs the Secretary to establish a National Mobile Home Safety Advisory Council, a majority of which shall be representatives of the general public, including representatives of State and local governments, and the remainder shall include members of the American National Standards Institute Committee on Mobile Homes and Recreational Vehicles and representatives of mobile home manufacturers, dealers and insurers. Provides that the Secretary shall consult with the Advisory Council before establishing or revoking any mobile home safety standard pursuant to this title. Directs the Secretary to conduct research, testing, development and training necessary to carry out the purposes of this title. Provides that no person shall: (1) manufacture for sale, sell, offer for sale, or introduce or deliver for introduction in interstate commerce, or import into the United States, any mobile home manufactured on or after the date any applicable Federal mobile home safety standard takes effect under this title unless it is in conformity with such standard; (2) fail or refuse access to or copying of records, or fail to make reports or provide information, or fail or refuse to permit entry or inspection, as required under this Act; (3) fail to issue a certificate required by this Act, or issue a certificate to the effect that a mobile home conforms to all applicable Federal mobile home safety standards, if such person in the exercise of due care has reason to know that such certificate is false or misleading in a material respect; or (4) fail to furnish notification of any defect as required by this Act. Prescribes a civil penalty of not to exceed $1,000 for each violation of this title. Provides that each violation shall constitute a separate violation, and that the maximum civil penalty shall not exceed $400,000 for any related series of violations. Authorizes the appropriation of such sums as are necessary to carry out the provisions of this title. Establishes the National Mobile Home Safety Bureau within the Department of Housing and Urban Development. Provides that the provisions of this title shall be carried out through such Bureau. Title II: Changes in Existing Law - Authorizes Federal participation under the Home Owners' Loan Act of 1933 in any loan made for the purchase of a mobile home which meets or exceeds the mobile home safety standards established under this Act. Provides for Federal participation in loans made to veterans purchasing mobile homes which meet such standards.
Bill· SS. 1329 (93rd)referred
United States · United States Congress · 22 March 1973
Increases the area within which Federal National Mortgage Association, (FNMA) must maintain its principal office to include the metropolitan area of the District of Columbia. Provides that FNMA be considered a District of Columbia corporation for the purpose of jurisdiction as well as venue in civil cases. Increases from 75 percent to 80 percent the maximum loan-to-value ratio of conventional mortgages FNMA may purchase (where such maximum is applicable). Allows FNMA to purchase conventional mortgages which are insured by non-private insurers. Changes the dollar limitation on FNMA's single family conventional purchases from the limitation on FHA mortgages to the limitation applicable to single family mortgages purchased by Federal Savings and Loan Associations. Provides that FNMA employees who transferred directly from the Federal Government between May 21, 1970, and January 31, 1972, shall be given the option of retaining their coverage under the Civil Service Retirement law with costs being divided between such employees and FNMA.
Bill· HRH.R. 6009 (93rd)referred
United States · United States Congress · 22 March 1973
Provides that the rentals and carrying charges charged for accommodations in any housing covered by a mortgage insured under the National Housing Act during the period beginning upon the date of enactment of this Act and ending at midnight June 30, 1974, shall not exceed the levels at which such rentals and carrying charges were stabilized during the ninety day period beginning August 15, 1971. Directs the Secretary of Housing and Urban Development to take such action as may be necessary to regulate or restrict such rentals and carrying charges in accordance with this Act. Authorizes any aggrieved person or class of persons to commence a civil action against any person or entity, including officers or agencies of the Federal, State, or local governments, who is alleged to have violated this Act. Provides the district courts of the United States with jurisdiction without regard to the amount in controversy or the citizenship of the parties to require compliance with this subsection or to order the performance of any nondiscretionary act or duty under this Act. Stipulates that no such action may be commenced with regard to any housing accommodation if the President has commenced and is diligently prosecuting a civil action in a court of the United States to require compliance with this Act with regard to such housing accommodation, but in any such action, any person aggrieved may intervene as a matter of right. Provides that any owner or operator of housing accommodations for which the rental or carrying charges which may be charged are affected by this Act may apply to the President for an exception on the basis of increased capital or operating costs.
Bill· HRH.R. 6008 (93rd)referred
United States · United States Congress · 22 March 1973
States that, during the period beginning with the date of enactment of this Act and ending June 30, 1974, the rentals and carrying charges for accommodations in any housing shall not exceed the levels at which such rentals and carrying charges were stabilized during the ninety-day period beginning August 15, 1971. Directs the President to take such action as may be necessary to regulate or restrict such rentals and carrying charges in accordance with this Act. Authorizes any aggrieved person or class of persons to commence a civil action against any person or entity, including officers or agencies of the Federal, State, or local governments, who is alleged to have violated this Act. Grants the district courts of the United States jurisdiction, without regard to the amount in controversy or the citizenship of the parties, to require compliance with this subsection or to order the performance of any nondiscretionary act or duty under this Act. Stipulates that no such action may be commenced with regard to any housing accommodation if the President has commenced and is diligently prosecuting a civil action in a court of the United States to require compliance with this Act with regard to such housing accommodation, but in any such action, any person aggrieved may intervene as a matter of right. Provides that any owner or operator of housing accommodations for which the rental or carrying charges which may be charged are affected by this Act may apply to the President for an exception on the basis of increased capital or operating costs.
Bill· HRH.R. 5949 (93rd)referred
United States · United States Congress · 21 March 1973
Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations. Declares it to be the purpose of this Act to provide a means for private financial institutions to assist in providing housing, particularly for low or moderate income families, through such purchases and investments. (Amends 12 U.S.C. 1464 (c), 24)
Bill· HRH.R. 5962 (93rd)referred
United States · United States Congress · 21 March 1973
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords. Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level. Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
Bill· HRH.R. 5925 (93rd)referred
United States · United States Congress · 21 March 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.