Housing

Homeowners' Relief and Neighborhood Stabilization Act of 2010

United States · United States Congress · 28 January 2010

Homeowners' Relief and Neighborhood Stabilization Act of 2010 - Directs the Secretary of the Treasury to transfer to the Secretary of Housing and Urban Development (HUD) $3 billion from Troubled Asset Relief Program (TARP) funds under the Emergency Economic Stabilization Act of 2008 (EESA), to be credited to the Emergency Homeowners' Relief Fund for use for emergency mortgage assistance. Allows mortgage assistance if the mortgagor has incurred a substantial reduction in income as a result of involuntary unemployment or underemployment due to medical conditions. Caps the aggregate amount of emergency mortgage assistance provided to a homeowner at $50,000. Revises conditions and terms of repayment of such assistance to state that: (1) the rate of interest on any loan or advance of credit insured shall be fixed for the life of the loan or advance of credit and shall not exceed the rate of interest generally charged for mortgages on single-family housing insured by the HUD Secretary; (2) interest shall not be charged on interest which is deferred on a loan or advance of credit; and (3) an eligible homeowner who receives a grant or an advance of credit may repay the loan in full, without penalty at any time before the loan becomes due and payable. Repeals the limitation on mortgage insurance granted by the Secretary to any financial institution to 40% of the total amount of loans and advances the institution makes. Directs the HUD Secretary to allow funds to be administered by a state with an existing program that provides substantially similar assistance to homeowners. Amends the Emergency Housing Act of 1975 to reauthorize the Emergency Mortgage Relief Program through FY2011. Directs the Secretary of the Treasury to transfer to HUD $1 billion for assistance to states and local governments for redevelopment of abandoned and foreclosed homes.

Supporting the goals and ideals of National Black HIV/AIDS Awareness Day.

United States · United States Congress · 27 January 2010

Expresses support for: (1) the goals and ideals of National Black HIV/AIDS Awareness Day; (2) development of a national AIDS strategy to reduce new HIV infections; (3) the strengthening of stable African-American communities; (4) reducing the impact of incarceration as a driver of new HIV infections within the African-American community; (5) reducing the number of HIV infections in the African-American community resulting from injection drug use; (6) comprehensive HIV prevention education programs to promote the early identification of HIV through voluntary routine testing and to connect those in need to treatment and care as early as possible; and (7) appropriate funding for HIV/AIDS prevention, care, treatment, and housing. Encourages state and local governments to recognize such day and to encourage individuals, especially African-Americans, to get tested for HIV.

Strengthening Our Economy Through Employment and Development Act

United States · United States Congress · 26 January 2010

Strengthening Our Economy Through Employment and Development Act - Makes available to carry out the Private Sector Wage Subsidy Fund and the Public Sector Energy Efficiency Promotion Fund, established by this Act, any amounts under the Troubled Asset Relief Program (TARP) under the Emergency Economic Stabilization Act of 2008 (EESA) which remain unobligated or which have been repaid. Establishes in the Treasury the Private Sector Wage Subsidy Fund to enable small- and medium-sized businesses and nonprofit organizations to hire eligible workers who will receive wage subsidies. Requires the Secretary of Labor to make allocations from the Fund to local workforce investment areas to provide further allocations for one-year wage subsidies to businesses and nonprofit organizations employing fewer than 500 individuals. Sets the regular wage subsidy at 50% of total wages or $12 per hour, whichever amount is less. Prescribes a special wage subsidy for a veteran of military service in Iraq or Afghanistan after September 11, 2001, at 60% percent of total wages or $14.40 per hour, whichever is less. Requires a participating business or nonprofit organization that contributes to the cost of health insurance coverage for its employees to receive an additional $1 per hour for each eligible worker hired under this Act to help defray the cost of making such contributions. Requires any job for which a wage subsidy is allocated under this Act to: (1) pay not less than $10 per hour; or (2) start at $9 per hour with a certification from the business or nonprofit organization that the wage will be increased to at least $10 per hour by the end of the subsidy period. Requires a job in a locality with a higher minimum wage to pay no less than that higher minimum. Limits worker eligibility under this Act to individuals who have: (1) exhausted their state-funded unemployment insurance benefits; or (2) been unemployed for at least six months. Establishes in the Treasury of the United States the Public Sector Energy Efficiency Promotion Fund for Department of Energy (DOE) grants to states and Indian tribes to provide funds to retrofit public housing, public buildings, libraries, schools, and vacant or foreclosed homes to increase energy efficiency. Directs the DOE Secretary to create standards for measuring and verifying energy efficiency in residential buildings, commercial buildings, and federally funded housing facilities.

To enable State homes to furnish nursing home care to parents any of whose children died while serving in the Armed Forces.

United States · United States Congress · 26 January 2010

Authorizes the Secretary of Veterans Affairs (VA) to permit a state home to provide VA nursing home care to parents who had any children who died while serving in the Armed Forces.

THE IMPACT OF THE FORECLOSURE CRISIS ON PUBLIC AND AFFORDABLE HOUSING IN THE TWIN CITIES

United States · United States House of Representatives · 23 January 2010

H.R. 476, THE HOUSING FAIRNESS ACT OF 2009

United States · United States House of Representatives · 20 January 2010

National Youth Sports Program Revitalization Act of 2010

United States · United States Congress · 20 January 2010

National Youth Sports Program Revitalization Act of 2010 - Amends the Community Services Block Grant Act to authorize appropriations for FY2011-FY2021 for national or regional instructional programs for low-income youth.

Kids Wish II Act

United States · United States Congress · 20 January 2010

Kids Wish II Act - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to: (1) include child care facilities among public or private nonprofit facilities covered by such Act; (2) make a private for-profit child care facility eligible for assistance under the Act to the same extent as a private nonprofit child care facility; and (3) include child care within provisions regarding essential services, critical services, and federal assistance to individuals and households to address necessary expenses from a major disaster. Directs the President to: (1) encourage states and localities to include consideration of services and facilities for children within all phases of their disaster planning, training, and exercises; (2) take necessary actions to include the provision of services and facilities for children within national planning activities; (3) ensure that disaster plans for services and facilities for children incorporate specific measurable capabilities for shelter-in-place, evacuation, relocation, family reunification, temporary operating standards, and accommodation of children with disabilities and chronic health needs and other special needs child populations; and (4) establish a single federal disaster case management program with an emphasis on achieving tangible, positive outcomes for all children and families who are victims of a major disaster. Authorizes the President to: (1) provide mass care shelters for victims of major disasters, which shall provide a safe and secure mass care shelter environment for children; and (2) provide financial and other assistance for victims of a major disaster to ensure an expedited transition into permanent housing, especially for families with children who have disabilities or other special health, mental health, or educational needs. Directs the President to: (1) give priority to families with children in providing disaster housing assistance; and (2) develop a standardized, interoperable national evacuee tracking and family reunification system that ensures the safety and well-being of children. Requires disaster related information to be made available to individuals affected by a major disaster or emergency in formats that can be understood by children.

Protecting Taxpayers from Excessive Compensation Act of 2010

United States · United States Congress · 20 January 2010

Protecting Taxpayers from Excessive Compensation Act of 2010 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to direct the Federal Housing Finance Agency, in its capacity as conservator or receiver of a government-sponsored enterprise (Federal National Mortgage Association [Fannie Mae] or the Federal Home Loan Mortgage Corporation [Freddie Mac]), to prohibit the provision of compensation to any employee, officer, or executive officer of such enterprise, for any period during such conservatorship or receivership, in an amount exceeding the rate of basic pay at such time for the Chairman of the Joint Chiefs of Staff of the Armed Forces.

Equity in Government Compensation Act of 2010

United States · United States Congress · 20 January 2010

Equity in Government Compensation Act of 2010 - Requires the Director of the Federal Housing Finance Agency to: (1) suspend immediately the compensation packages approved for 2010 for the executive officers of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (2) establish, in lieu of such packages, a compensation system for such officers in accordance with the rates of pay for positions in the Executive Schedule and the Senior Executive Service of the federal government. Expresses the sense of Congress that each executive officer of Fannie Mae and Freddie Mac should return to the Secretary of the Treasury (clawback) any compensation earned in 2009 that was in excess of the maximum annual rate of basic pay authorized for a position in level I of the Executive Schedule. Instructs the Secretary of the Treasury to transfer any such amounts returned to the Secretary to a specified account in the Treasury for receiving gifts and proceeds from their sale or redemption, and dedicated to reducing the public debt.

Pay It Back Act

United States · United States Congress · 20 January 2010

Pay It Back Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to revise the limitation on the authority of the Secretary of the Treasury to purchase troubled assets under the Troubled Asset Relief Program (TARP) to $700 billion outstanding at any one time. Changes the maximum authority to $700 billion, in the aggregate, or such higher amount, in the aggregate, as has been obligated or expended under TARP as of the enactment of this Act. Requires the Secretary to report to Congress every six months on transfer to the Treasury's General Fund for reduction of the public debt of revenues of, and proceeds from the sale of troubled assets purchased under TARP, or from the sale, exercise, or surrender of warrants or senior debt instruments acquired under TARP. Amends the Federal National Mortgage Association Charter Act, the Federal Home Loan Mortgage Corporation Act, and the Federal Home Loan Bank Act to require the Secretary to deposit in the Treasury solely for debt reduction any amounts received by the Secretary for the sale of any obligation or security acquired from the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or a Federal Home Loan Bank for secondary market operations. Prohibits the use of any such amounts as an offset for other spending increases or revenue reductions. Requires deposit in the Treasury solely for debt reduction of any periodic commitment fee or any other fee or assessment paid to the Secretary by Fannie Mae or Freddie Mac as a result of any preferred stock purchase agreement, mortgage-backed security purchase program, or any other program or activity under the Housing and Economic Recovery Act of 2008. Requires the Director of the Federal Housing Finance Agency (FHFA) to report to Congress on FHFA plans to continue to support and maintain the nation's vital housing industry, while at the same time guaranteeing that the American taxpayer will not suffer unnecessary losses. Amends the American Recovery and Reinvestment Act of 2009 (ARRA) to require: (1) rescission of any ARRA (stimulus) funds offered to but not accepted by the governor or legislature of a state; and (2) their deposit in the Treasury solely for debt reduction. Requires the same treatment for any funds withdrawn or recaptured by an executive agency head which have not been obligated by a state to a local government or for a specific project. Rescinds for deposit in the Treasury solely for debt reduction specified discretionary appropriations that have not been obligated as of December 31, 2012. Lowers the statutory limit on the public debt by the amounts the Secretary receives under this Act for deposit in the Treasury solely for debt reduction.

Stop Terrorist Entry Program Act of 2010

United States · United States Congress · 13 January 2010

Stop Terrorist Entry Program Act of 2010 - Amends the Immigration and Nationality Act to bar the admission of any alien (other than an immediate relative or a diplomat/foreign government official) who is a national of, or residing in, a country determined to be a state sponsor of terrorism. Authorizes the waiver of such prohibition for: (1) emergency medical treatment; or (2) admission as a refugee or asylee. Treats Yemen as a state sponsor of terrorism until the Secretary of Homeland Security (DHS) reports to Congress that Yemen has addressed terrorism issues within its borders and that the issuance of visas to aliens who are nationals of, or residing in, Yemen no longer poses a significant U.S. security threat. Prohibits funds from being used to: (1) transfer an enemy combatant detained by the United States at Naval Station, Guantanamo Bay, Cuba, to any military or prison installation located in the United States; or (2) build or modify any facility in the United States for the purpose of housing any such enemy combatant.

Federal Housing Finance Agency Inspector General Technical Corrections Act of 2009

United States · United States Congress · 13 January 2010

Federal Housing Finance Agency Inspector General Technical Corrections Act of 2009 - Deems the Federal Housing Finance Agency (FHFA), for purposes of the Inspector General Act of 1978, to be a designated federal entity during the period beginning on the date of the enactment of this Act and ending upon the date that an Inspector General of the FHFA is first appointed and confirmed. Establishes in the FHFA the Office of the Inspector General. Instructs the Director of the FHFA to appoint an Inspector General of the FHFA within 30 days after enactment of this Act.

Reverse Mortgage Elder Protection Act

United States · United States Congress · 12 January 2010

Reverse Mortgage Elder Protection Act - Amends the Truth in Lending Act to prohibit a creditor from taking an application for a reverse mortgage unless the creditor has provided the applicant with: (1) a specified written cautionary statement before the applicant receives any counseling regarding reverse mortgages; (2) a specified written checklist before meeting with a counseling agency about reverse mortgages; and (3) a referral to a housing counseling agency for reverse mortgage counseling approved by the Department of Housing and Urban Development (HUD). Requires a counseling agency to provide the same kind of written checklist to a consumer that seeks counseling before requesting a loan application for a reverse mortgage. Prohibits a creditor from either accepting a final application for a reverse mortgage, or from assessing any related fees, unless the creditor has received from the consumer or the consumer's authorized representative: (1) a written certification that the consumer has received counseling regarding reverse mortgages from a HUD-approved agency; and (2) a copy of the prescribed checklist signed by the agency counselor and by the consumer.