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Bill· HRH.R. 15749 (94th)referred
United States · United States Congress · 29 September 1976
Foreclosure Forebearance Standards Act - Requires any person who makes a federally related mortgage loan to maintain facilities sufficient to insure availability of information concerning such mortgage. States that within 60 days after payments on a mortgage become delinquent and within 30 days before the initiation of any foreclosure proceedings the following must occur: (1) a meeting with the mortgagor to work out a repayment plan; and (2) a transfer of information with respect to such proceedings to the mortgagor. Places restraints on the initiation proceedings, including the requirement that a mortgagee refrain from instituting such proceedings until at least three full monthly installments are due and unpaid, except where the mortgagor abandons the secured property. States that a mortgagee must cease foreclosure proceedings where a mortgagor tenders the total amount due plus attorney's fees. Provides that any mortgagee who fails to comply with state requirements shall no longer be eligible for Federal assistance. Defines the term "federally related mortgage loan" for purposes of this Act.
Bill· HRH.R. 15707 (94th)referred
United States · United States Congress · 27 September 1976
Amends the Housing and Community Development Act of 1974 to eliminate as a condition for the approval of a community development grant by the Secretary of Housing and Urban Development that a local government has provided additional housing for low- or moderate-income persons when such community has a significant number of residents who receive governmental financial assistance and adequate housing is presently available for such persons.
Bill· SS. 3842 (94th)referred
United States · United States Congress · 21 September 1976
Permits the Veterans' Administration to guarantee home mortgages for the purchase of homes which have been converted from a rental to a condominium form of ownership.
Bill· HRH.R. 15660 (94th)referred
United States · United States Congress · 21 September 1976
Urban Trees Act - Authorizes the Secretary of Agriculture to make grants, on a matching basis, with urban areas to the States, Puerto Rico, the Virgin Islands and Guam in order to provide financial assistance to such urban areas for arboriculture programs. Defines "arboriculture" as the planting, growing, maintenance, and protection of trees and shrubs. Authorizes appropriations of up to $10,000,000 for fiscal year 1977 to carry out such grant program. Requires that grants under this Act be made in accordance with an urban arboriculture plan for the selection, planting, and maintenance of trees agreed upon in advance by the Secretary and the State forester or other appropriate official. Authorizes the Secretary to provide technical assistance to urban areas for arboriculture programs under this Act.
Bill· SS. 3835 (94th)referred
United States · United States Congress · 20 September 1976
Urban Trees Act - Authorizes the Secretary of Agriculture to make grants, on a matching basis, with urban areas to the States, Puerto Rico, the Virgin Islands and Guam in order to provide financial assistance to such urban areas for arboriculture programs. Defines "arboriculture" as the planting, growing, maintenance, and protection of trees and shrubs. Authorizes appropriations of up to $10,000,000 for fiscal year 1977 to carry out such grant program. Requires that grants under this Act be made in accordance with an urban arboriculture plan for the selection, planting, and maintenance of trees agreed upon in advance by the Secretary and the State forester or other appropriate official. Authorizes the Secretary to provide technical assistance to urban areas for arboriculture programs under this Act.
Bill· HRH.R. 15567 (94th)referred
United States · United States Congress · 15 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15555 (94th)referred
United States · United States Congress · 14 September 1976
Foreclosure Forebearance Standards Act - Requires any person who makes a federally related mortgage loan to maintain facilities sufficient to insure availability of information concerning such mortgage. States that within 60 days after payments on a mortgage become delinquent and within 30 days before the initiation of any foreclosure proceedings the following must occur: (1) a meeting with the mortgagor to work out a repayment plan; and (2) a transfer of information with respect to such proceedings to the mortgagor. Places restraints on the initiation proceedings, including the requirement that a mortgagee refrain from instituting such proceedings until at least three full monthly installments are due and unpaid, except where the mortgagor abandons the secured property. States that a mortgagee must cease foreclosure proceedings where a mortgagor tenders the total amount due plus attorney's fees. Provides that any mortgagee who fails to comply with state requirements shall no longer be eligible for Federal assistance. Defines the term "federally related mortgage loan" for purposes of this Act.
Bill· HRH.R. 15513 (94th)referred
United States · United States Congress · 10 September 1976
Solar Energy for Homes Act - Directs the Administrator of specified Federal housing programs to increase by not more than 20 percent any amount which represents a limitation on the amount of the principal obligation of a mortgage on a dwelling unit, if such increase represents the increase in the cost of the dwelling unit which may be attributed to the unit's being heated or cooled by solar energy. Amends the National Housing Act to provide for the increase in amount of home improvement loans which may be insured if the loan is used to acquire a solar energy system. Amends the Housing and Community Development Act to authorize the use of community development block grants to encourage community development activities related to the use of solar energy in residential housing.
Bill· HRH.R. 15515 (94th)referred
United States · United States Congress · 10 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15457 (94th)referred
United States · United States Congress · 8 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15454 (94th)referred
United States · United States Congress · 8 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission, which include studying the factors contributing to the decline of city neighborhoods and the factors necessary to neighborhood survival and revitalization. Directs the Commission to make recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15453 (94th)referred
United States · United States Congress · 2 September 1976
Foreclosure Forebearance Standards Act - Requires any person who makes a federally related mortgage loan to maintain facilities sufficient to insure availability of information concerning such mortgage. States that within 60 days after payments on a mortgage become delinquent and within 30 days before the initiation of any foreclosure proceedings the following must occur: (1) a meeting with the mortgagor to work out a repayment plan; and (2) a transfer of information with respect to such proceedings to the mortgagor. Places restraints on the initiation proceedings, including the requirement that a mortgagee refrain from instituting such proceedings until at least three full monthly installments are due and unpaid, except where the mortgagor abandons the secured property. States that a mortgagee must cease foreclosure proceedings where a mortgagor tenders the total amount due plus attorney's fees. Provides that any mortgagee who fails to comply with state requirements shall no longer be eligible for Federal assistance. Defines the term "federally related mortgage loan" for purposes of this Act.
Bill· HRH.R. 15409 (94th)referred
United States · United States Congress · 2 September 1976
Federal Multifamily Mortgage Foreclosure Act - Prescribes procedures for foreclosure of multifamily mortgages owned or held by the United States encumbering real estate located in any State. States that the United States may designate a foreclosure commissioner by executing a duly acknowledged written designation. Provides that such commissioner shall have a nonjudicial power of sale and that the owner or holder of the mortgage shall be a guarantor of payment of any judgment obtained by an interested party against the foreclosure commissioner's failure to properly perform his duties. States that foreclosure by the United States of a multifamily mortgage may be commenced upon the breach of a covenant or condition in the mortgage agreement for which foreclosure is authorized. Prescribes the notice of default and of foreclosure sale which must be given to the mortgagee before the foreclosure commissioner shall commence foreclosure. Requires that such notice be made by publication by mail, and by posting a copy of the notice of default and foreclosure in a prominent place at the premises to be sold. Allows for presale reinstatement where the entire amount of principal and interest is tendered before public auction. States that the foreclosure commissioner shall act as a fiduciary to both mortgagor and the United States and shall conduct the foreclosure sale in a manner fair to both parties. Sets procedures for the objection to foreclosure and for the conduct of a foreclosure sale. Provides for the disposition of sale proceeds including foreclosure costs and payment of prior liens. States that a foreclosure deed shall convey all of the right, title, and interest in the security property covered by the deed. Requires the foreclosure commissioner to establish sufficient records of foreclosure and sale.
Bill· HRH.R. 15452 (94th)referred
United States · United States Congress · 2 September 1976
Foreclosure Forebearance Standards Act - Requires any person who makes a federally related mortgage loan to maintain facilities sufficient to insure availability of information concerning such mortgage. States that within 60 days after payments on a mortgage become delinquent and within 30 days before the initiation of any foreclosure proceedings the following must occur: (1) a meeting with the mortgagor to work out a repayment plan; and (2) a transfer of information with respect to such proceedings to the mortgagor. Places restraints on the initiation proceedings, including the requirement that a mortgagee refrain from instituting such proceedings until at least three full monthly installments are due and unpaid, except where the mortgagor abandons the secured property. States that a mortgagee must cease foreclosure proceedings where a mortgagor tenders the total amount due plus attorney's fees. Provides that any mortgagee who fails to comply with state requirements shall no longer be eligible for Federal assistance. Defines the term "federally related mortgage loan" for purposes of this Act.
Bill· HRH.R. 15448 (94th)referred
United States · United States Congress · 2 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include four members from the House and the Senate and 16 public members appointed by the President. Sets forth the duties of the Commission, which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15424 (94th)referred
United States · United States Congress · 2 September 1976
Amends the United States Housing Act of 1937 to allow public housing agencies to enter into security agreements designed to maintain the safety and well-being of residents of dwelling units, including services of a security staff and the installation of safety systems. States that another purpose of such agreements is the planning of other security services necessary to prevent crime. Authorizes to be appropriated an amount not to exceed $7,000,000 a year for fiscal years 1977 and 1978.
Bill· HRH.R. 15411 (94th)referred
United States · United States Congress · 2 September 1976
National Condominium and Planned Unit Development Consumer Protection Act - Sets national standards for the sale of condominium units and for the conversion of existing rental units. States that such standards shall apply to: (1) any developer who uses any means of interstate commerce in connection with a sale or offer to sell; (2) any developer receiving federally-assisted loans; and (3) any development with more than 12 dwelling units. Requires disclosure of specified information, including a description of the development, its financing, any warranties, and a projection of annual expenditures for its upkeep. States that no dwelling unit shall be offered for sale or sold where there has been a conversion from a rental to a condominium development unless: (1) each tenant has been given an option to buy of not less than 90 days; and (2) no tenant has been required to vacate his rental unit before the end of the 30 day period after such option is no longer exercisable. Provides injunctive relief for tenants who have not been properly notified. Makes provisions for the enforcement of this Act by allowing purchasers to bring suits for actual damages and to rescind any agreement for specified failures to disclose. Grants jurisdiction to U.S. district courts, without regard to the amount in controversy, over any action brought to enforce any liability or duty under this Act. Permits any owner of a dwelling unit covered by this Act to bring a class action suit on behalf of other owners. Authorizes the Secretary of Housing and Urban Development to make, issue, amend, and rescind rules and regulations, including the prescription of standard forms, instruments, and documents for use in connection with the sale of condominium units.
Bill· HRH.R. 15407 (94th)referred
United States · United States Congress · 2 September 1976
Federal Shared-Risk Insurance Act - Creates a government corporation to be known as the Federal Shared-Risk Insurance Fund. States that such Fund shall be under the direction of a Board of Directors consisting of a Chairman and two additional persons, all of whom shall be appointed by the President by and with the advice and consent of the Senate. Creates a Federal Shared-Risk Insurance Advisory Council consisting of seven members appointed by the Board of Directors who shall represent the areas of housing, finance, insurance, and the public interest. Lists the powers of the Fund including the power to contract, to prescribe charges for services by the Fund, and other powers as may be necessary to carry out the purposes of this Act. Allows the Fund to invest in such investments as the Board of Directors may prescribe. Exempts the Fund from all Federal, State, and local taxes. Grants original jurisdiction in the Federal district courts for any civil action to which the Fund is a party without regard to amount or value. Permits the Fund to remove any case from a State court to a Federal district court without the giving of any bond at any time before trial. States that the Fund shall have a capital stock of $10,000,000 subscribed by the United States. Permits the Fund to make and issue notes or obligations to the Secretary of the Treasury, to the extent of amounts approved in appropriation Acts, for the purpose of obtaining such funds as are determined by the Fund to be needed to carry out the mortgage loan insurance obligations of this Act. Requires the Secretary of the Treasury to purchase any notes or obligations of the Fund in an amount not to exceed $100,000,000 in order to further the purpose of this Act. Permits the Fund to borrow, give security, pay interest, and issue notes, bonds or other securities. Allows the Fund to establish prohibitions or restrictions upon the creation of indebtedness or obligations of the Fund or of liens or charges upon property of the Fund. States that the Fund may act as a revolving fund for carrying out the residential mortgage loan insurance obligations of this Act and may insure any residential mortgage loan or group of residential mortgage loans if the insured fulfills stated requirements including the assumption of not less than 20 percent of any loss on each insured residential mortgage loan in direct proportion to the amount of the insurance. Requires the Fund to prescribe: (1) chargeable premium rates for any type of residential mortgage loan for which insurance coverage shall be available under this Act; and (2) conditions under which such rates shall apply. Requires the Fund to establish a contingency reserve out of net premiums remaining after the establishment of an unearned premium reserve. Sets requirements, in addition to those which the Fund may set, which shall be met in order to be eligible for insurance under this Act. States that any contract of insurance executed by the Fund shall be conclusive evidence of the eligibility of the residential mortgage loan for insurance and such contract shall be incontestable except for fraud or misrepresentation on the part of the mortgagee. States that the Fund may prescribe the general method by which depository institutions shall designate shared-risk areas. Defines a shared-risk area as a census tract within a standard metropolitan area where the aggregate dollar amount of residential mortgage loans originated by depository institutions with respect to realty located within such tract is less than one percent of the average dollar amount per census tract of residential mortgage loans originated by such institutions with respect to realty located within such metropolitan area in the immediately preceding year.
Bill· HRH.R. 15389 (94th)referred
United States · United States Congress · 1 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15398 (94th)referred
United States · United States Congress · 1 September 1976
Condominium Consumer Protection Act - Stipulates that it shall be unlawful for any developer or agent, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate commerce, or of the mails, to sell or offer to sell any condominium unit in a condominium project unless such developer or agent complies with provisions of this Act. States that, unless the method of disposition is adopted for the purpose of evasion of this Act, the provisions of this Act shall not apply to: (1) the sale of real estate not pursuant to a common promotional plan to offer or sell ten or more condominiums in a project; (2) the sale of condominiums solely for commercial or industrial purposes; (3) the sale of real estate under or pursuant to court order; or (4) the sale of real estate by any government or government agency. Provides that any contract or agreement for the purchase or leasing of a condominium in a project covered by this Act, shall be voidable at the option of the purchaser for a specified period of time. Stipulates that a sale or offer to sell a condominium unit in a condominium project which is subject to this Act may be made only if: (1) any deposit or downpayment will be held in trust or escrow pursuant to regulations of the Secretary of Housing and Urban Development until delivered at settlement or returned to, or otherwise credited to the purchaser, or forfeited; (2) except in his capacity as an owner of unsold condominium units, the developer or agent will not retain an interest in any common element (including any recreational area or facility) after control of the condominium project is assumed by the owners' association unless, in the case of a leasehold condominium project, he will also retain that same type of interest in the entire condominium project; (3) the unit owners will assume control of the common elements and of the condominium owners' association not later than one year after initial occupancy of the condominium project, or as soon as 80 percent of the units are occupied, whichever is earlier; (4) the condominium owners' association or the unit owners will not be subject to any management contract or other agreement enforceable against them after the expiration of six months after control of the common elements by the condominium owners' association becomes vested in such owners' association or owners, unless such a contract or agreement is renewed by a vote of the unit owners in accordance with the by-laws; (5) the developer has furnished, as a minimum, a two-year warranty (from the time of initial occupancy of the project) covering the full cost of labor and materials for any repair or replacement of roof and structural components, and mechanical, electrical, plumbing, and common service elements serving the condominium project as a whole, and a one-year warranty (from the time of initial occupancy of any unit thereof) covering the full cost of labor and materials for any repair or replacement of structural, mechanical and other elements which pertain to such unit; (6) the developer will assume the rights and obligations of a condominium unit owner in his capacity as owner of condominium units not yet sold prior to the assumption of control under (3); and (7) in the case of a conversion condominium project, all tenants were offered an option, exercisable within not less than ninety days after notice, to purchase a condominium unit in the condominium project. Provides for standards for disclosure by condominium developers of all material circumstances or features affecting their projects. Provides for State plans of condominium consumer protection plans. Authorizes State enforcement of provisions of this Act. Authorizes the Secretary of Housing and Urban Development to provide technical assistance and information to the States to assist them in their plans under the provisions of this Act. Provides for both criminal and civil penalties for failures to comply with specified provisions of this Act. Authorizes the appropriation of up to $10,000,000 to carry out the provisions of this Act.
Bill· HRH.R. 15388 (94th)referred
United States · United States Congress · 1 September 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include two members each from the House and the Senate and 16 public members appointed by the President. States the duties of the Commission which include studying the factors contributing to the decline of city neighborhoods and the factors necessary to neighborhood survival and revitalization. Directs the Commission to make recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HJRESH.J.Res. 1077 (94th)referred
United States · United States Congress · 30 August 1976
Establishes the National Commission on Housing for the Elderly which shall have responsibility for investigating: (1) present Federal programs to provide low- and middle-income housing for senior citizens; (2) the need for additional housing; (3) the feasibility of rehabilitating existing central city housing; and (4) the need for activities and a living environment which provides adequate security. Requires the Commission to submit to the President and the Congress a report on the investigation together with its recommendations, not later than 18 months after the date on which a majority of the membership is appointed.
Bill· HRH.R. 15290 (94th)referred
United States · United States Congress · 26 August 1976
Surplus School Conservation Act - Directs the Secretary of Housing and Urban Development to make grants to local agencies to pay the costs of renovating closed school buildings so they may be converted for other educational and social purposes. Suggests purposes for which conversion grants may be extended, including: (1) community centers; (2) senior citizen centers; (3) day care centers; (4) vocational schools; (5) medical facilities; and (6) recreational centers. Sets forth application requirements which local agencies must complete including: (1) structuring a plan for renovation of the closed school building; (2) estimating costs of such renovation; and (3) demonstrating to the Secretary's satisfaction sufficient financial ability to carry out the provisions of such plan. States that the amount of a grant under this Act shall be 80 percent of the estimated cost of renovation. Requires local agencies which receive a grant for more than the actual cost of renovation to return such surplus money to the Secretary. Sets priorities to be followed by the Secretary in approving applications for grants under this Act including: (1) an application for renovating a closed school building in a school district whose current school enrollments have decreased by ten percent or more from the school enrollments of the previous school year, and (2) an application for renovating a closed school building which is not being utilized for any educational or social service purpose at the time of application. Directs the Secretary to serve as a national clearinghouse to local agencies by providing information on feasible alternative uses for closed school buildings. Prohibits the distribution of more than ten percent of the funds appropriated by Congress for the program for grants in any fiscal year. Requires the Secretary to prepare and submit to the President and Congress: (1) a yearly report listing local agencies which received grants and the purposes for which such grants were made; and (2) a detailed evaluation of the effectiveness of the program based on cost analysis and a survey of school closure problems to be submitted at the end of three years.
Bill· HRH.R. 15213 (94th)referred
United States · United States Congress · 23 August 1976
Solar Energy for Homes Act - Directs the Administrator of specified Federal housing programs to increase by not more than 20 percent any amount which represents a limitation on the amount of the principal obligation of a mortgage on a dwelling unit, if such increase represents the increase in the cost of the dwelling unit which may be attributed to the unit's being heated or cooled by solar energy. Amends the National Housing Act to provide for the increase in amount of home improvement loans which may be insured if the loan is used to acquire a solar energy system. Amends the Housing and Community Development Act to authorize the use of community development block grants to encourage community development activities related to the use of solar energy in residential housing.
Bill· HRH.R. 15129 (94th)referred
United States · United States Congress · 10 August 1976
Directs the Secretary of Agriculture to formulate five-year goals in specified areas of rural development and to include a detailed accounting of the progress made and anticipated in meeting such goals in an annual report to Congress. Requires in such report an analysis of the legislative, financial, institutional and other capabilities and constraints which are relevant to meeting such goals. Requires the appointment of a new Assistant Secretary of Agriculture for Rural Development within 60 days if a vacancy should occur in such position.
Bill· HRH.R. 15107 (94th)referred
United States · United States Congress · 9 August 1976
Foreclosure Forebearance Standards Act - Requires any person who makes a federally related mortgage loan to maintain facilities sufficient to insure availability of information concerning such mortgage. States that within 60 days after payments on a mortgage become delinquent and within 30 days before the initiation of any foreclosure proceedings the following must occur: (1) a meeting with the mortgagor to work out a repayment plan; and (2) a transfer of information with respect to such proceedings to the mortgagor. Places restraints on the initiation proceedings, including the requirement that a mortgagee refrain from instituting such proceedings until at least three full monthly installments are due and unpaid, except where the mortgagor abandons the secured property. States that a mortgagee must cease foreclosure proceedings where a mortgagor tenders the total amount due plus attorney's fees. Provides that any mortgagee who fails to comply with state requirements shall no longer be eligible for Federal assistance. Defines the term "federally related mortgage loan" for purposes of this Act.
Bill· HRH.R. 15108 (94th)referred
United States · United States Congress · 9 August 1976
Amends the House Owners' Loan Act of 1933 to exempt qualified mortgage insurers from the limitation placed on Federal savings and loan associations which forbids them to make loans secured by other than savings accounts and first liens on real property within 100 miles of their home office.
Bill· HRH.R. 15089 (94th)referred
United States · United States Congress · 5 August 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include four members from the House and the Senate and 16 public members appointed by the President. Sets forth the duties of the Commission, which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 15058 (94th)referred
United States · United States Congress · 4 August 1976
Amends the Housing Act of 1937 by granting an exclusion of ten percent of gross income in computing the rent to be paid by elderly families residing in dwelling units assisted by Federal contributions.
Bill· SS. 3692 (94th)referred
United States · United States Congress · 22 July 1976
Young Families' Housing Act - Equity Adjusted Mortgage Insurance Act - Amends the National Housing Act to establish a FHA - insured mortgage instrument which would reduce mortgage payments during the first year after the execution of the mortgage, and provides for subsequent adjustments thereafter. Sets eligibility requirements for equity adjusted mortgage insurance. Individual Housing Account Act - Amends the Internal Revenue Code to allow a deduction for amounts paid in cash into an individual housing account. Limits annual tax deductions to $2,500 and lifetime deductions to $10,000. Makes provisions for tax treatment upon distribution of such account. Exempts individual housing accounts from taxation under the Internal Revenue Code. Defines individual housing account for purposes of this Act.
Bill· SS. 3679 (94th)referred
United States · United States Congress · 20 July 1976
Amends the Housing Act of 1949 to make family corporations eligible for farm ownership loans under the Farmers Home Program. Requires the Secretary of Agriculture to set up escrow accounts in connection with rural housing loans for the purpose of prepaying taxes and insurance.
Bill· HRH.R. 14756 (94th)reported
United States · United States Congress · 20 July 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include four members from the House and the Senate and 16 public members appointed by the President. Sets forth the duties of the Commission, which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Bill· HRH.R. 14678 (94th)referred
United States · United States Congress · 1 July 1976
Authorizes the Comptroller General to audit the programs, activities and financial operations of the Federal National Mortgage Association. Amends the Housing and Urban Development Act to provide counseling for owners of single-family dwelling units. Amends the National Housing Act to change from ten to 20 percent the minimum amount of coninsurance which is to be extended to mortgagors, qualified for such coinsurance. Limits mortgage insurance to individuals whose mortgage payments do not exceed 28 percent of the monthly income of the mortgagor's household. Increases to ten percent the amount which a mortgagor is required to have paid before the mortgage is eligible for Federal insurance.
Bill· HRH.R. 14603 (94th)referred
United States · United States Congress · 29 June 1976
Amends the National Housing Act to authorize expenditures by the Secretary of Housing and Urban Development for repair of major structural defects which create a serious danger to the life and safety of inhabitants of any one-, two-, three-, or four-family dwelling covered by any mortgage insured by the Federal Housing Administration.
Bill· HRH.R. 14534 (94th)referred
United States · United States Congress · 24 June 1976
Housing Incentive Investment Act - Amends the National Housing Act to authorize the Government National Mortgage Association (GNMA) to make monthly housing investment interest differential payments to lenders. Prohibits GNMA from approving a mortgage for assistance unless: (1) the mortgage covers a one-to-four family dwelling; (2) the home mortgage is not in excess of $35,000; (3) the purchaser's interest payments are at least two but not more than six percent below the market rate of interest for home mortgages; (4) the lender's interest rate will be adjusted every six months by GNMA to reflect the yield on VA-FHA mortgages; and (5) the purchaser agrees to repay the aggregate amount of differential payments with interest. Requires that upon sale or other disposition of the dwelling or upon termination of the use of the dwelling by the purchaser as his principal residence prior to retirement of the first mortgage, the cost of the extra assistance by GNMA be repaid by the borrower from the appreciation on his home. Authorizes GNMA to establish a lender's interest rate which may not exceed the average yield on VA-FHA mortgages during the six calendar months preceding the date of execution of the mortgage. Allows GNMA to adjust the lender's interest rate upward or downward every six months except that no single adjustment may exceed one quarter of one percent nor may an aggregate upward adjustment exceed two and one-half percent. Provides that if the lender's rate falls below the borrower's rate that the borrower shall be credited with the difference. Establishes in the Treasury a Housing Incentive Investment Fund to carry out the provisions of this Act. Authorizes GNMA to issue to the Secretary of the Treasury notes or other obligations in an aggregate amount not to exceed $1,000,000,000. Authorizes the Secretary of the Treasury to purchase and sell such notes and obligations. Sets the termination of this program for five years after the date of enactment.
Bill· HRH.R. 14536 (94th)referred
United States · United States Congress · 24 June 1976
Amends the Housing Act of 1949 to provide that States, territories, and district and local political subdivisions may tax property subject to liens held by the Federal Government and specified property held by the Secretary of Agriculture pursuant to the farm housing program in the same manner and to the same extent that other property is taxed.
Bill· HRH.R. 14489 (94th)referred
United States · United States Congress · 22 June 1976
Directs the Administrator of General Services to grant priority to occupants in the purchase of surplus Government housing being disposed of under the Federal Property and Administrative Services Act of 1949.
Bill· HRH.R. 14508 (94th)referred
United States · United States Congress · 22 June 1976
Permits the Secretary of Housing and Urban Development to initiate a civil action to enforce Federal prohibitions against discriminatory housing practices. Allows Federal courts to award private plaintiffs bringing suit out to enforce such prohibitions reasonable attorney fees whether or not such individuals are financially able to bear the cost.
Bill· HRH.R. 14361 (94th)referred
United States · United States Congress · 14 June 1976
National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods which will include four members from the House and the Senate and 16 public members appointed by the President. Sets forth the duties of the Commission, which include studying the factors necessary to neighborhood survival and revitalization and making recommendations for modification of existing laws and policies. Makes provisions for the administration of this Commission. Authorizes to be appropriated funds necessary to carry out this Act.
Resolution· HRESH.Res. 1286 (94th)passed
United States · United States Congress · 10 June 1976
Provides that during the consideration of the bill (H.R. 14233) making appropriations for the Department of Housing for the fiscal year ending September 30, 1977, specified provisions of the House rules restricting the consideration of appropriations shall be waived.
Law· HRH.R. 14233 (94th)open
United States · United States Congress · 8 June 1976
Department of Housing and Urban Development-Independent Agencies Appropriation Act - Title I: Department of Housing and Urban Development - Appropriates specified sums for fiscal year 1977 to the Department of Housing and Urban Development for: (1) housing programs; (2) the Government National Mortgage Association; (3) community planning and development; (4) the Federal Insurance Administration; (5) management and administration; and (6) the Federal Disaster Assistance Administration. Title II: Independent Agencies - Appropriates for fiscal year 1977 specified sums for: (1) the American Battle Monuments Commission; (2) the Consumer Product Safety Commission; (3) the Department of Defense, Army civil cemeterial expenses; (4) the Environmental Protection Agency; (5) the Executive Office of the President; (6) the General Services Administration; (7) the Department of Health, Education, and Welfare; (8) the National Aeronautics and Space Administration; (9) the National Science Foundation; (10) the Selective Service System; (11) the Department of the Treasury; and (12) the Veterans' Administration. Title III: Corporations - Appropriates to the Federal Home Loan Bank Board specified sums for fiscal year 1977. Title IV: General Provisions - Sets forth restrictions upon the expenditure of funds appropriated by this Act.
Bill· HRH.R. 14252 (94th)referred
United States · United States Congress · 8 June 1976
Provides that a cooperative housing association shall be taxable in the same manner as a corporation under the Internal Revenue Code, except that income received from the following sources shall be tax-exempt: (1) tenant-shareholder in the case of a cooperative housing association; (2) owners of condominium housing units in the case of a condominium management association; or (3) owners of real property in the case of a residential real estate management association.
Bill· HRH.R. 14134 (94th)referred
United States · United States Congress · 2 June 1976
Housing Incentive Investment Act - Amends the National Housing Act to authorize the Government National Mortgage Association (GNMA) to make monthly housing investment interest differential payments to lenders. Prohibits GNMA from approving a mortgage for assistance unless: (1) the mortgage covers a one-to-four family dwelling; (2) the home mortgage is not in excess of $35,000; (3) the purchaser's interest payments are at least two but not more than six percent below the market rate of interest for home mortgages; (4) the lender's interest rate will be adjusted every six months by GNMA to reflect the yield on VA-FHA mortgages; and (5) the purchaser agrees to repay the aggregate amount of differential payments with interest. Requires that upon sale or other disposition of the dwelling or upon termination of the use of the dwelling by the purchaser as his principal residence prior to retirement of the first mortgage, the cost of the extra assistance by GNMA be repaid by the borrower from the appreciation on his home. Authorizes GNMA to establish a lender's interest rate which may not exceed the average yield on VA-FHA mortgages during the six calendar months preceding the date of execution of the mortgage. Allows GNMA to adjust the lender's interest rate upward or downward every six months except that no single adjustment may exceed one quarter of one percent nor may an aggregate upward adjustment exceed two and one-half percent. Provides that if the lender's rate falls below the borrower's rate that the borrower shall be credited with the difference. Establishes in the Treasury a Housing Incentive Investment Fund to carry out the provisions of this Act. Authorizes GNMA to issue to the Secretary of the Treasury notes or other obligations in an aggregate amount not to exceed $1,000,000,000. Authorizes the Secretary of the Treasury to purchase and sell such notes and obligations. Sets the termination of this program for five years after the date of enactment.
Bill· HRH.R. 14093 (94th)referred
United States · United States Congress · 1 June 1976
Amends the National Housing Act to direct the Secretary of Housing and Urban Development to give special emphasis to insuring mortgages covering medical practice facilities which are primarily for the purpose of providing preventive, diagnostic, and treatment services to elderly outpatients. Amends the Housing and Community Development Act of 1974 to entitle a grant recipient to an additional grant if such recipient plans to use such additional grant for the construction or maintenance of a senior center providing recreational, health, and nutritional services. Directs the Secretary to insure mortgages made in connection with senior centers offering health, nutritional, recreational, and social facilities to elderly persons, regardless of whether such centers offer housing facilities.
Bill· HRH.R. 14092 (94th)referred
United States · United States Congress · 1 June 1976
Amends the National Housing Act to direct the Secretary of Housing and Urban Development to give special emphasis to insuring mortgages covering medical practice facilities which are primarily for the purpose of providing preventive, diagnostic, and treatment services to elderly outpatients. Amends the Housing and Community Development Act of 1974 to entitle a grant recipient to an additional grant if such recipient plans to use such additional grant for the construction or maintenance of a senior center providing recreational, health, and nutritional services. Directs the Secretary to insure mortgages made in connection with senior centers offering health, nutritional, recreational, and social facilities to elderly persons, regardless of whether such centers offer housing facilities.
Bill· HRH.R. 14059 (94th)referred
United States · United States Congress · 27 May 1976
Amends the Consolidated Farm and Rural Development Act and the Housing Act of 1949 to provide for the election of county committees to determine applications for agricultural and rural housing loans under such Acts. Directs the Secretary of Agriculture to establish State committees to determine appeals by individuals denied assistance by a county committee. States that if the State committee affirms the county committee's decision the individual involved may appeal such decision to the Administrator of the Farmer's Home Administration.
Bill· HRH.R. 14042 (94th)referred
United States · United States Congress · 26 May 1976
Amends the National Housing Act to authorize expenditures by the Secretary of Housing and Urban Development for repair of major structural defects which create a serious danger to the life and safety of inhabitants of any one-, two-, three-, or four-family dwelling covered by any mortgage insured by the Federal Housing Administration.
Bill· HRH.R. 14008 (94th)referred
United States · United States Congress · 25 May 1976
Establishes within the Department of Housing and Urban Development a program which would grant loans not exceeding $8,000 for the purchase and installation of solar heating (or combination heating and cooling equipment) for the principal residences of low-income individuals and families. Sets forth the conditions for repayment of such loans. Requires the Secretary of HUD to provide full, complete, and current information concerning recommended standards and types of qualified solar heating equipment. Authorizes to be appropriated the sum of $100,000,000 to provide an initial amount for the program provided for under this Act.
Bill· HRH.R. 13968 (94th)referred
United States · United States Congress · 24 May 1976
Housing Incentive Investment Act - Amends the National Housing Act to authorize the Government National Mortgage Association (GNMA) to make monthly housing investment interest differential payments to lenders. Prohibits GNMA from approving a mortgage for assistance unless: (1) the mortgage covers a one-to-four family dwelling; (2) the home mortgage is not in excess of $35,000; (3) the purchaser's interest payments are at least two but not more than six percent below the market rate of interest for home mortgages; (4) the lender's interest rate will be adjusted every six months by GNMA to reflect the yield on VA-FHA mortgages; and (5) the purchaser agrees to repay the aggregate amount of differential payments with interest. Requires that upon sale or other disposition of the dwelling or upon termination of the use of the dwelling by the purchaser as his principal residence prior to retirement of the first mortgage, the cost of the extra assistance by GNMA be repaid by the borrower from the appreciation on his home. Authorizes GNMA to establish a lender's interest rate which may not exceed the average yield on VA-FHA mortgages during the six calendar months preceding the date of execution of the mortgage. Allows GNMA to adjust the lender's interest rate upward or downward every six months except that no single adjustment may exceed one quarter of one percent nor may an aggregate upward adjustment exceed two and one-half percent. Provides that if the lender's rate falls below the borrower's rate that the borrower shall be credited with the difference. Establishes in the Treasury a Housing Incentive Investment Fund to carry out the provisions of this Act. Authorizes GNMA to issue to the Secretary of the Treasury notes or other obligations in an aggregate amount not to exceed $1,000,000,000. Authorizes the Secretary of the Treasury to purchase and sell such notes and obligations. Sets the termination of this program for five years after the date of enactment.
Resolution· HRESH.Res. 1214 (94th)passed
United States · United States Congress · 24 May 1976
Provides that upon the adoption of this resolution it shall be in order to move, section 401(b) of the Congressional Budget Act of 1974 (Public Law 93-344) to the contrary notwithstanding, that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H.R. 12945) to amend and extend laws relating to housing and community development, and all points of order against said bill for failure to comply with the provisions of clause 5, rule XXI, are hereby waived. States that after general debate, which shall be confined to the bill and shall continue not to exceed two hours, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Banking, Currency and Housing, the bill shall be read for amendment under the five-minute rule. Provides that it shall be in order to consider the amendment recommended by the Committee on Banking, Currency and Housing now printed on page 24, line 3, through page 37, line 12, notwithstanding the provisions of clause 5, rule XXI. 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. Directs that after the passage of H.R. 12945, the Committee on Banking, Currency and Housing shall be discharged from the further consideration of the bill S. 3295, and it shall then be in order in the House to move to strike out all after the enacting clause of said Senate bill and insert in lieu thereof the provisions contained in H.R. 12945 as passed by the House.