Housing

Assisted Housing Amendments Act of 1980

United States · United States Congress · 28 April 1980

Assisted Housing Amendments Act of 1980 - Amends the United States Housing Act of 1937 to set forth the amount by which the limitation on aggregate contractual contributions for low-income housing projects shall be increased on October 1, 1980. Terminates, as of October 1, 1980, the present requirement that the Secretary of Housing and Urban Development, in utilizing such additional authority to enter into such contracts, administer low-income housing programs to provide assistance for new, substantially rehabilitated, and existing units, in accordance with the goals of local governments as reflected in specified housing assistance plans. Directs the Secretary, in utilizing such additional authority on and after October 1, 1980, to accommodate, to the maximum extent possible, desires of local governments regarding the allocation of assistance among new, substantially rehabilitated, and existing housing units. Directs the Secretary, in so doing, to limit, to the maximum extent possible, the budget authority allocated to local areas to the amount which would result if, on a nationwide basis taking account of local variations, 30 percent of the units to be assisted under such Act for public housing development or lower-income housing assistance with such additional authority were to be for new construction or substantial rehabilitation. Requires that the Secretary seek to ensure that, consistent with available funding limitations, at least 30 percent of the units shall be: (1) either newly constructed or substantially rehabilitated housing units assisted under such Act (other than under the existing low-income housing assistance program or the multifamily rental production program established by this Act); or (2) newly constructed or substantially rehabilitated housing units under the low-income housing assistance program which are financed through specified means. Limits the total budget authority associated with such additional contract authority. Sets aside a specified amount of such additional contract authority for units assisted under such Act other than under the existing low-income housing assistance program or the multifamily rental production program established by this Act. Establishes a multifamily rental production program. Authorizes the Secretary to provide annual contributions in the form of interest reduction payments pursuant to contracts with owners or prospective owners of new or substantially rehabilitated rental housing projects involving five or more dwelling units. Permits such interest reduction payments to be made with respect to projects subject to mortgages insured under the National Housing Act. Requires that such payments be made on behalf of the owner directly to a mortgagee. Provides that interest be subsidized down to a rate determined by the Secretary, guided by the objective that the average of all such lower rates shall be six and one-half percent per year for the first ten years, with lower or higher rates depending on factors in the local area or involving the specific project. Requires that interest rate differential for a project not insured under the National Housing Act not exceed the applicable rate if the mortgage were so insured. Provides that, commencing with the eleventh year of such payments for a project, the amount of the annual payment shall be phased out in accordance with a schedule determined at the time the contract was entered into or altered by mutual agreement of the Secretary and the owner. Limits the allowable income at the time of initial occupancy of a household occupying a unit in such project to 120 percent of the area median income, during the period when interest reduction payments are being made. Authorizes the Secretary to establish higher or lower income ceilings, if necessary, because of prevailing construction cost levels, unusually high or low median household incomes, or other factors. Requires that, during the interest reduction payment period, the approval of the Secretary be obtained for: (1) the initial rent schedule and any rent increases; (2) prepayment or refinancing of the mortgage; and (3) sale or other disposition of such project. Prohibits conversion of such projects to other than rental uses for a period of 30 years following the initial occupancy without the approval of the Secretary. Directs the Secretary to ensure that the selection of sites for such assisted projects shall avoid the displacement of lower income persons. Permits a project financed by a State housing finance or State development agency to receive interest reduction assistance if at least 20 percent, but not more than 30 percent, of the project units are set aside for occupancy by families assisted under the low-income housing assistance program. Permits a project financed by a local government agency to receive such assistance if the Secretary is satisfied that: (1) at least 20 percent of the units in any project being financed by such agency will be reserved for lower income families at the time they initially occupy the unit; and (2) at least six percent of the units in such project will be reserved for very low income families at the time they initially occupy the unit. Directs the Secretary, in allocating interest reduction assistance, to give preference to projects located in tight rental markets and to projects promoting urban revitalization. Provides that specified provisions of the Housing and Community Development Act of 1974 relating to local housing assistance plans and allocation of housing funds shall not be applicable to projects receiving such multifamily rental production interest reduction assistance, except to the extent that provisions relating to the low-income housing assistance program would otherwise apply. Limits the amount of contracts for annual contributions under the multifamily rental production program to such amounts as are provided in appropriations Act. Authorizes appropriations for sums necessary to carry out such program, including the making of interest reduction payments under contracts entered into by the Secretary. Limits the budget authority obligated under such contracts to a specified amount. Provides that such authorization of appropriations shall apply only if: (1) the additional authority to enter into contracts for annual contributions provided on October 1, 1980, for low-income housing assistance and for public housing does not exceed a specified amount; and (2) the budget authority associated with such additional authority does not exceed a specified amount.

Comprehensive Housing Development Act of 1980

United States · United States Congress · 21 April 1980

Comprehensive Housing Development Act of 1980 - Amends the National Housing Act to increase the allowable maximum amount for mortgage assistance payments under such Act. Authorizes appropriations for such mortgage assistance payments through October 1, 1981. Authorizes the Secretary of Housing and Urban Development, under the mortgage insurance program, to insure a mortgage involving a principal obligation which exceeds, by up to ten percent, the maximum limits specified under the Act, if such mortgage relates to a dwelling to be occupied by a physically handicapped person and the additional principal reflects the cost of making the dwelling accessible to such person. Allows the Secretary, in order to prevent inflationary conditions and related governmental actions from having a severely disproportionate effect on the housing industry, to make and contract to make periodic assistance payments to mortgagees or other lenders on behalf of homeowners (including the owners of mobile homes). Terminates such authority on September 30, 1981, or at such earlier date as the Secretary may deem appropriate. Specifies that such payments may be made only on behalf of a homeowner who satisfies such eligibility requirements as may be prescribed by the Secretary. Requires a homeowner to continue to occupy the property which secures the mortgage or loan in order to receive such assistance payments. Sets forth the formula for determining the amount of such assistance payments. Allows the Secretary to include in the payment to the mortgagee or other lender such amount as the Secretary deems appropriate to reimburse the mortgagee or lender for its reasonable and necessary expenses in handling the mortgage or loan. Limits assistance payments for mobile homes to no more than 20 percent of the total number of units for which assistance is approved. Allows the Secretary, upon application by the mortgagee, to insure a mortgagor who meets the eligibility requirements for assistance payments as set forth by the Secretary. Sets forth the eligibility requirements for such insurance. Allows the Secretary to provide for graduated mortgage assistance payments, and to insure mortgages with varying rates of amortization, for not in excess of 100,000 mortgages. Extends until October 1, 1981, the authority of the Government National Mortgage Association to enter into new commitments to purchase mortgages under the interim mortgage purchase authority of the National Housing Act, as amended by the Emergency Home Purchase Assistance Act of 1974. Amends the National Housing Act to authorize appropriations to cover losses sustained by the General Insurance Fund. Allows the Secretary to make, and contract to make, periodic interest reduction payments on behalf of the owner of a multifamily rental project. Allows such payments to be made for a period of not more than 30 years to mortgagees holding mortgages secured by such project. Sets forth the formula for determining the amount of such payments. Sets forth the eligibility requirements which must be met in order to receive such payments. Requires the Secretary to provide that such payments are made only with respect to that part of the mortgage concerning the portion of the project which is used for residential purposes and only for the benefit of the families residing in such projects. Specifies that such payments may be made only to a project located within the jurisdictional boundaries of a unit of general local government which has made substantial progress in meeting its annual goals for housing for lower- income persons as specified in its housing assistance plan submitted pursuant to the Housing and Community Development Act of 1974. Requires the Secretary, in making such assistance, to give a preference to projects which have or will receive financial contributions from a State or local government which will result in lower rental charges to the families residing therein. Amends the Housing and Community Development Act of 1974 to require an applicant for grants for State and local community development programs to submit a housing assistance plan which: (1) accurately surveys the condition of housing stock in the community designed for persons who have incomes which do not exceed 150 percent of the median income for the area; (2) assesses the housing assistance needs of such person; (3) specifies a realistic goal of the number of rental dwelling units which will be provided such persons as a result of such program; and (4) indicates the general locations of such dwelling units.

A bill to amend title V of the Housing Act of 1949.

United States · United States Congress · 16 April 1980

Extends specified farm housing programs of the Farmers Home Administration under the Housing Act of 1949 through September 30, 1982. Authorizes appropriations for fiscal year 1982 for: (1) the issuance of notes and obligations for loan funds by the Farmers Home Administration; (2) loans and grants for repairs or improvements of rural dwellings and financial assistance to provide low-rent housing for domestic farm labor; (3) grants for the development of technical and supervisory assistance programs in rural areas with Federal, State, and local housing programs for low-income families; (4) loans and grants for mutual and self-help housing programs in rural areas and small towns; and (5) the Self-Help Housing Land Development Fund. Extends through fiscal year 1982 the authority of the Secretary of Agriculture to insure loans which provide rental and cooperative housing for the elderly or others of low-and moderate-income and to insure and make loans for housing and buildings on farms owned by low-or moderate-income families.

A bill to determine the time at which payments of premium charges are to be made by financial institutions or other mortgagees in connection with the mortgage and loan insurance programs established under titles I, II, IV, VII, VIII, IX, X, and XI of the National Housing Act.

United States · United States Congress · 15 April 1980

Amends the National Housing Act to require the Secretary of Housing and Urban Development to require that payments of loan or mortgage insurance premium charges by a financial institution, other mortgagee, or agent thereof to the Federal government, made in connection with specified loan or mortgage insurance programs under such Act, be made promptly upon their receipt from the borrower. Allows the Secretary to approve payment of such premiums on an annual basis if the financial institution, mortgagee, or agent thereof pays interest, at a rate specified by the Secretary, to the insurance fund for the period beginning 20 days after receipt from the borrower and ending upon payment of the premiums to the Federal government.

Home Mortgage Disclosure Amendments of 1980

United States · United States Congress · 15 April 1980

Home Mortgage Disclosure Amendments of 1980 - Amends the Home Mortgage Disclosure Act of 1975 to require certain depository institutions to disclose, each calendar year (previously each fiscal year), by neighborhood, the number and dollar amount of mortgage and home improvement loans made and purchased. Specifies that any such disclosure, with respect to calendar year 1980 and thereafter, shall be compiled on a standardized form prescribed by the Board of Governors of the Federal Reserve System in consultation with specified Federal financial regulatory agencies. Requires such agencies, in consultation with the Department of Housing and Urban Development and such other public and private entities as such agencies deem appropriate, to jointly develop and implement means for increasing accessibility by the public to the information required to be disclosed under such Act. Requires such means to include the centralized collection and maintenance of such information by the financial regulatory agencies, other Federal agencies, local governments or government depository libraries. Requires proposed regulations with respect to the centralized collection and maintenance of information to be published within 180 days of the enactment of this Act. Extends the authority granted by such Act until September 30, 1985. Authorizes the Secretary of Housing and Urban Development to disclose information which the Secretary may possess with respect to mortgages under titles I and II of the National Housing Act which are not otherwise subject to the requirements of the Home Mortgage Disclosure Act of 1975.

Emergency Home Purchase Assistance Authority Amendments of 1979

United States · United States Congress · 15 April 1980

See summary of: H.R. 6197

Home Mortgage Disclosure Act Amendments of 1980

United States · United States Congress · 15 April 1980

Home Mortgage Disclosure Act Amendments of 1980 - Amends the Home Mortgage Disclosure Act of 1975 to require certain depository institutions to disclose, each calendar year (previously each fiscal year), by neighborhood, the number and dollar amount of mortgage and home improvement loans made and purchased. Specifies that any such disclosure, with respect to calendar year 1980 and thereafter, shall be compiled on a standardized form prescribed by the Board of Governors of the Federal Reserve System in consultation with specified Federal financial regulatory agencies. Requires such agencies, in consultation with the Department of Housing and Urban Development and such other public and private entities as such agencies deem appropriate, to jointly develop and implement means for increasing accessibility by the public to the information required to be disclosed under such Act. Requires such means to include the centralized collection and maintenance of such information by the financial regulatory agencies, other Federal agencies, local governments or government depository libraries. Requires proposed regulations with respect to the centralized collection and maintenance of information to be published with 180 days of the enactment of this Act. Extends the authority granted by such Act indefinitely. Directs the Secretary of Housing and Urban Development to disclose information which the Secretary may possess with respect to mortgages under titles I and II of the National Housing Act which are not otherwise subject to the requirements of the Home Mortgage Disclosure Act of 1975. Requires the Federal Reserve Board, in consultation with Federal financial officials, the Administrator of the Small Business Administration and such other appropriate agencies or persons as the Board deems appropriate, to determine the feasibility and usefulness of requiring depository institutions which are subject to the Act, and which make small business loans, to compile and make available to the public information regarding such loans in a format similar to the format required for mortgage loans.

Emergency Home Purchase Assistance Authority Amendments of 1980

United States · United States Congress · 2 April 1980

Emergency Home Purchase Assistance Authority Amendments of 1979 - Amends the National Housing Act to remove the specific dollar limitations on the original principal obligation of a mortgage which may be purchased by the Government National Mortgage Association (GNMA) under the Emergency Home Purchase Assistance Act. Limits such purchasing authority to mortgages in an amount which would make a residence or project eligible for mortgage insurance under the applicable Federal insurance program. Permits such amounts to be raised by up to ten percent in high cost areas determined by the Secretary of Housing and Urban Development. Limits the sales price of a principal residence covered by a mortgage which may be purchased under the emergency authority of the GNMA to 105 percent of such maximum mortgage amount which may be raised an additional 10 percent in high-cost areas. Eliminates the 7 1/2 percent interest rate limitation on mortgage loans eligible for purchase. Permits the Secretary to establish the maximum interest rate at a level consistent with market conditions provided it does not exceed the maximum rate on mortgages eligible for Federal insurance.

A bill to provide that the interest rate on federally insured mortgages under section 203(b) of the National Housing Act shall be the rate charges for uninsured mortgages.

United States · United States Congress · 1 April 1980

Amends the National Housing Act to direct that, to be eligible for insurance under such Act, a mortgage shall bear interest at the rate charged by the mortgagee for a non- insured mortgage. Eliminates the requirement that the Secretary of Housing and Urban Development consult with the Administrator of Veterans' Affairs regarding the maximum interest rate which he or she deems necessary to meet the mortgage market for guaranteed or insured home loans to veterans.

Assured Public Participation in Public Housing Decision Making Amendments of 1980

United States · United States Congress · 1 April 1980

Assured Public Participation in Public Housing Decision Making Amendments of 1980 - Amends the Housing and Community Development Act of 1974 to require that public hearings held in accordance with such Act before the issuance of community development grants include discussion of: (1) the general locations of proposed housing for lower-income persons; and (2) the impact of such housing on public facilities and services near such locations. Affords the unit of general local government and the general public the opportunity to object to the approval of an application for housing and assistance on the ground that the application is inconsistent with its housing assistance plan.

Emergency Home Purchase Assistance Authority Amendments of 1979

United States · United States Congress · 27 March 1980

Emergency Home Purchase Assistance Authority Amendments of 1979 - Amends the National Housing Act to remove the specific dollar limitations on the original principal obligation of a mortgage which may be purchased by the Government National Mortgage Association (GNMA) under the Emergency Home Purchase Assistance Act. Limits such purchasing authority to mortgages in an amount which would make a residence or project eligible for mortgage insurance under the applicable Federal insurance program. Permits such amounts to be raised by up to ten percent in high cost areas determined by the Secretary of Housing and Urban Development. Limits the sales price of a principal residence covered by a mortgage which may be purchased under the emergency authority of the GNMA to 105 percent of such maximum mortgage amount which may be raised an additional 10 percent in high-cost areas. Eliminates the 7 1/2 percent interest rate limitation on mortgage loans eligible for purchase. Permits the Secretary to establish the maximum interest rate at a level consistent with market conditions provided it does not exceed the maximum rate on mortgages eligible for Federal insurance.

Emergency Home Purchase Assistance Authority Amendments of 1980

United States · United States Congress · 27 March 1980

Emergency Home Purchase Assistance Authority Amendments of 1979 - Amends the National Housing Act to remove the specific dollar limitations on the original principal obligation of a mortgage which may be purchased by the Government National Mortgage Association (GNMA) under the Emergency Home Purchase Assistance Act. Limits such purchasing authority to mortgages in an amount which would make a residence or project eligible for mortgage insurance under the applicable Federal insurance program. Permits such amounts to be raised by up to ten percent in high cost areas determined by the Secretary of Housing and Urban Development. Limits the sales price of a principal residence covered by a mortgage which may be purchased under the emergency authority of the GNMA to 105 percent of such maximum mortgage amount which may be raised an additional 10 percent in high-cost areas. Eliminates the 7 1/2 percent interest rate limitation on mortgage loans eligible for purchase. Permits the Secretary to establish the maximum interest rate at a level consistent with market conditions provided it does not exceed the maximum rate on mortgages eligible for Federal insurance.

Rental Housing Assistance Act of 1980

United States · United States Congress · 19 March 1980

Rental Housing Assistance Act of 1980 - Amends the National Housing and the United States Housing Acts of 1937 to improve Federal housing programs which provide mortgage insurance for multifamily rental housing. Eliminates condition on Government National Mortgage Association purchase of certain multifamily mortgages requiring that at least 20 percent of the units covered by such mortgage are receiving lower-income housing assistance. Authorizes the Secretary of Housing and Urban Development to conduct a study for the purpose of establishing a prototype construction cost system which could be used in determining the amount of a mortgage on a multifamily housing project which may be insured under the National Housing Act. Sets forth criteria for determining prototype construction costs. Requires the Secretary to submit a report to Congress containing the findings and conclusions of the study. Authorizes the Association to begin making commitments to purchase, and to purchase loans and advances of credit (and related purchase certificates and other related instruments). Permits the Association to finance improvements (other than solar energy systems and energy conservation improvements) or additions to a multifamily rental housing project. Authorizes and directs the Secretary of Treasury to purchase any obligations of the Association, and to use as a public debt transaction the proceeds from the sale of any securities under the Second Liberty Bond Act. Prohibits the application of State or local usury law or comparable law establishing interest rates or prohibiting or limiting the collection or amount of discount points or other charges in connection with loan transactions. Prohibits the application of State loan insurance laws to the Association's transactions. Authorizes the Secretary to enter into contracts for section 8 moderately rehabilitated projects which have a term of more than 180 months. Authorizes the Secretary to conduct a study for the purpose of determining the impact of Federal taxation on rental housing.

A bill to amend the Internal Revenue Code of 1954 to allow the residential energy credit for energy conservation expenditures with respect to new residences if such expenditures are for items not required by Federal, State, or local housing standards.

United States · United States Congress · 13 March 1980

Amends the Internal Revenue Code to allow the residential energy credit for energy conservation expenditures with respect to residences substantially completed after April 19, 1977, if such expenditures are for energy conservation items which are not required by Federal, State, or local housing standards.

A bill to establish within the Department of Housing and Urban Development a Special Assistant to the Secretary for Hispanic Programs.

United States · United States Congress · 12 March 1980

Establishes within the Department of Housing and Urban Development a Special Assistant to the Secretary for Hispanic Programs. Sets forth the duties of the Special Assistant.

A bill to provide that each State must establish a workfare program, and require participation therein by all residents of the State who are receiving benefits or assistance under the AFDC, food stamp, and public housing programs, as a condition of the State's eligibility for Federal assistance in connection with those programs.

United States · United States Congress · 12 March 1980

Requires that each State establish and maintain an approved workfare program as a condition of its eligibility for Federal payments or other assistance under the: (1) program of aid to families with dependent children under the Social Security Act; (2) food stamp program under the Food Stamp Act of 1977; and (3) public housing and assisted housing programs under the United States Housing Act of 1937. Requires that such State workfare program shall require every State resident applying for or receiving aid under such Federal public assistance program to perform work in return for (and as a condition of his or her eligibility for) such aid. Directs the appropriate Federal agencies to promulgate guidelines for approval, supervision, and oversight of such State workfare programs. Exempts from required participation in such programs those who are: (1) under age 18 or over age 65; (2) disabled; (3) regularly employed for at least 40 hours a week; or (4) primarily responsible for the care of a child less than three years old (or for the care of a child more than two but less than six years old if suitable child care is not available at reasonable cost). Requires that each State workfare program must provide that if any individual who is required to participate in such program refuses to accept a bona fide offer of qualified employment or to perform qualified employment, in any month, neither such individual nor any other person in the family or household of which such individual is a member shall be eligible to receive any aid under such Federal public assistance programs for that month. Requires that State workfare programs include provision for job counseling, assistance in obtaining employment outside the program, and job search activities. Provides for: (1) Federal matching funds to cover administrative costs of such State programs; (2) Federal cut-offs of funds to State agencies for failure to comply with this Act; and (3) Federal agency reports to Congress on such State programs. Authorizes appropriations to carry out this Act.

A bill to authorize additional funds for housing subsidies for the elderly and handicapped under the United States Housing Act of 1937.

United States · United States Congress · 11 March 1980

Authorizes additional funds for rent subsidies for the elderly and handicapped under the United States Housing Act of 1937.

A bill to provide homeownership assistance for lower income families.

United States · United States Congress · 10 March 1980

Amends the United States Housing Act to authorize: (1) new use of existing housing funds to assist lower income homeowners to afford and finance the rehabilitation of their homes in locally designated rehabilitation neighborhoods; and (2) a new use of such funds to assist lower income families to purchase homes. Authorizes the Secretary of Housing and Urban Development to make available not less than $50,000,000 for contracts for annual contributions for homeowners assistance payments. Requires the Secretary to provide homeowner counseling and monitoring concerning the extent of repair, renovation, or rehabilitation activities and the eligibility of contractors to conduct such activities. Sets forth the amount of such housing assistance payments under such contracts, and the criteria for the lending institutions. Authorizes the Secretary to prescribe regulations to assure the costs of eligible repair, renovation, or rehabilitative activities do not exceed the costs to bring the unit into conformity with local housing codes or other appropriate standards. Sets forth the guidelines for determining assistance to low-income families able to purchase a dwelling with such payments. Provides for the recapture of all or a portion of such assistance rendered upon the disposition or nonoccupancy of the property by the family. Prohibits the amount of assistance rendered to any borrower from being considered as income or resources for any purpose under Federal or State laws.

Uniform Relocation Assistance Act Amendments of 1979

United States · United States Congress · 10 March 1980

Uniform Relocation Assistance Act Amendments of 1979 - Amends the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 to require that relocation benefits, including relocation assistance advisory services, be made available to all persons displaced by the commencement of a Federal or federally-assisted project by the head of the Federal agency administering or financing such assistance. Increases the amount of payment for moving and dislocation allowances for displacement from dwellings, business, and farm operations. Stipulates that the additional housing payments for occupant-owned dwellings shall compensate such displaced person for any increased real property taxes which such person wil incur during the life of the mortgage on the replacement dwelling. Increases the amount of replacement housing payments for tenants and certain other persons to enable such displaced persons to rent or lease a dwelling or to make a downpayment on the purchase of a dwelling. Stipulates that the assurances required of the relocation assistance advisory services that housing will be available shall: (1) be made prior to Federal approval of a project; (2) be based upon careful analysis of the housing needs of the persons to be displaced and the availability of housing; and (3) include plans for housing replacement by the Federal agency as last resort if comparable replacement sale or rental housing is not available. Authorizes the agency head to use funds authorized for the project to provide such housing. Directs the President to designate an agency which shall establish a single uniform set of regulations and procedures for use by Federal agencies and by States, State and local agencies, and other recipients of Federal financial assistance. Requires such agency to assure the uniform application and interpretation of such regulations and procedures. Makes provisions for aggrieved persons to petition such agency for a hearing. Requires such agency annually to make adjustments for inflation in housing costs. Authorizes the head of a Federal agency administering or financing a project to offer to acquire property from any person owning property affected by such project who is left with an uneconomic remnant in order to entitle the owner and occupant to full benefits under this Act. Allows the owner of real property to give or donate all or part of such property to the Federal or State agency undertaking its acquisition. Requires the donation or gift to be voluntary and in writing after the owner has been fully informed of the right to receive just compensation.

A bill to amend section 313 of the National Housing Act and the Emergency Home Purchase Assistance Act of 1974.

United States · United States Congress · 10 March 1980

Amends the National Housing Act to remove the specific dollar limitations on the original principal obligation of a mortgage which may be purchased by the Government National Mortgage Association (GNMA) under the Emergency Home Purchase Assistance Act of 1974. Limits such purchasing authority to mortgages in an amount which would make a residence or project eligible for mortgage insurance under the applicable Federal insurance program. Permits such amounts to be raised by up to ten percent in high cost areas determined by the Secretary of Housing and Urban Development. Limits the sales price of a principal residence covered by a mortgage which may be purchased under the emergency authority of the GNMA to 105 percent of such maximum mortgage amount which may be raised an additional ten percent in high-cost areas. Eliminates the 7 1/2 percent interest rate limitation on mortgage loans eligible for purchase. Permits the Secretary to establish the maximum interest rate at a level consistent with market conditions provided it does not exceed the maximum rate on mortgages eligible for Federal insurance. Authorizes the Secretary to utilize the emergency home purchase assistance program to promote the construction of multifamily rental housing. Stipulates a specified amount for purchases and commitments authorized to be made by GNMA.

A bill to amend the Housing and Community Development Act of 1974.

United States · United States Congress · 6 March 1980

Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Community Development to make payments to local homesteading agencies in lieu of real estate taxes which accrued during the period of transfer of homestead property.

National Displacement Policy Act

United States · United States Congress · 6 March 1980

National Displacement Policy Act - Amends the Housing and Community Development Act of 1974 to require an applicant for a community development block grant to analyze the causes and estimate the scale of displacement within the jurisdiction area of the applicant so that steps may be taken to mitigate and end displacement of area residents. Requires the housing assistance plan to demonstrate an effective strategy for ending such displacement. Directs the Secretary of Housing and Urban Development to provide housing assistance to any eligible displaced low-income family. Amends the Housing and Urban Development Act of 1970 to require the President shall transmit to Congress, as part of the biannual Report on Urban Growth required by such Act, a special displacement component analyzing the extent of urban displacement. Requires the residential formulation of a strategy to combat the adverse effects of such displacement. Amends the Community Reinvestment Act of 1977 to require the appropriate Federal banking supervisory agency to assess a financial institution's record of adopting policies which minimize the displacement of persons from their homes. Amends the Uniform Relocation Assistance and Real Property Acquisitions Act of 1970 to direct the payment of moving and related expenses for displaced persons whenever activities were undertaken as a result of a Federal program or project. causes such displacement. Declares that payments made to displaced persons shall reflect increases in the cost-of-living. Directs the President to establish a Federal Relocation Assistance Compliance Office for the purpose of carrying out a more uniform and effective administration of relocation assistance. Requires such Office to coordinate the relocation activities of the Federal agencies. States that rental or lease assistance paid to a displaced person shall not exceed 25 percent of such person's income. States that no person shall be required to move from his or her rental dwelling on account of any Federal project or any federally assisted project if: (1) the rental vacancy rate in the area for dwellings similar in size and cost is less than one percent; or (2) if there is a waiting list of persons eligible to receive Federal assistance who desire to rent such unit.

Housing and Community Development Act of 1980

United States · United States Congress · 5 March 1980

Housing and Community Development Act of 1980 - Title I: Community and Neighborhood Development and Conservation Definitions - Amends the Housing and Community Development Act of 1974 to define the term "metropolitan city" to specify that it shall not include any city whose population is included in the population of an urban county. Specifies that for fiscal years 1981, 1982, and 1983 that no data derived from the 1980 Decennial Census, except those relating to population and poverty, shall be taken into account for purposes of the allocation of funds to metropolitan areas. Prohibits, for fiscal years 1981, 1982, and 1983, any revision to the criteria for establishing a metropolitan area or defining a central city of such an area published after January 1, 1980, to be taken into account for purposes of this title, except in the case of any area or city which would newly qualify as a metropolitan area or a central city of such an area. Specifies that, with respect to grants for State, tribal, and local community development programs, beginning in fiscal year 1981, the population of any unit of general local government which is included in that of an urban county shall be included in the population of such urban county for three program years beginning with the program year in which its population was first so included. Requires any county seeking qualification as an urban county, including any urban county seeking to continue such qualification, to notify each unit of general local government, which is included therein and is eligible to elect to have its population excluded from that of an urban county, of its opportunity to make such an election. Authorizes the appropriation of funds for the purpose of making grants to States and units of local government to help finance community development programs for fiscal years 1980 through 1983. Authorizes funds for fiscal years 1980 through 1983 for the purpose of assisting severely distressed cities that require supplemental grant assistance in order to alleviate excessive deterioration through neighborhood reclamation and community revitalization. Limits amounts of appropriated funds which may be used to aid metropolitan cities, urban counties, and other units of local government within metropolitan areas to meet their hold-harmless needs. Amends the Housing Act of 1964 to define the term "congregate housing" as residential property in which some or all of the dwelling units do not contain kitchen or bathroom facilities. Extends the rehabilitation loan program under such Act to include congregate housing and to authorize appropriations for fiscal years 1980 and 1981 for community and neighborhood development and conservation programs. Authorizes appropriations, through fiscal year 1982, for the neighborhood self-help development programs under the Housing and Community Development Amendments of 1978. Authorizes the Secretary of Housing and Urban Development to reimburse the Veterans Administration for properties transferred to urban homesteading programs. Extends the authorization of appropriations for such programs through fiscal year 1982. Title II: Housing Assistance Programs - Authorizes the Secretary of Housing and Urban Development to enter into contracts for annual contributions under the United States Housing Act of 1937 for low-income housing projects in fiscal years 1980 and 1981. Authorizes appropriations through fiscal year 1982 for operating assistance for troubled multifamily housing projects under the Housing and Community Development Amendments of 1978. Amends the National Housing Act to direct the Secretary to utilize amounts credited to the rental housing assistance fund for the sole purpose of carrying out assistance for troubled multifamily housing projects through September 30, 1982. Increases the allowable maximum amount for mortgage assistance payments under the National Housing Act. Authorizes appropriations for such mortgage assistance payments through October 1, 1981. Allows the Secretary, under the mortgage insurance program, to insure a mortgage involving a principal obligation which exceeds, by not more than 10 percent, the maximum limits, if such mortgage relates to a dwelling to be occupied by a physically handicapped person. Amends the Housing and Community Development Amendments of 1978 to require a public housing agency or nonprofit corporation applying for assistance to provide congregate services to elderly residents to consult with the Area Agency on Aging and those applying for assistance to provide congregate services to nonelderly handicapped residents to consult with the appropriate agency. Title III: Program Amendments and Extensions - Extends for two years through September 30, 1982, the authority of the Secretary of Housing and Urban Development (HUD) to insure mortgages or loans under certain HUD mortgage or loan insurance programs under the National Housing Act and to set interest rates for insured mortgage loans. Extends until October 1, 1982, the authority of the Government National Mortgage Association to enter into new commitments to purchase mortgages under the interim mortgage purchase authority of the National Housing Act, as amended by the Emergency Home Purchase Assistance Act of 1974. Authorizes appropriations for research and demonstration housing projects through fiscal year 1981. Amends the National Housing Act to authorize appropriations to cover losses sustained by the General Insurance Fund. Allows the President to authorize the Government National Mortgage Association to make payments to financial institutions for the purpose of subsidizing below market rate loans which are secured under the National Housing Act covering properties consisting of five or more dwelling units. Authorizes appropriations to make such payments through fiscal year 1982. Amends the National Housing Act to increase the mortgage purchase authority of the Government National Mortgage Association. Increases, by up to 20 percent, the amounts which may be insured under the National Housing Act for multifamily and institutional projects if such increase is necessary to account for the increased cost of the project due to the installation of a solar energy system. Amends the National Housing Act to authorize the Secretary, in collecting or compromising claims or obligations under the mortgage insurance program, to contract with private business concerns or agencies for payment for services rendered by such concerns or agencies in assisting the Secretary in making such collection or compromise. Requires a mortgage, in order to be eligible for mortgage insurance under the National Housing Act, to have a period of not less than 10 years to run beyond the maturity date of the mortgage. Makes mortgaged property located where concentrated housing, physical development, and public service activities are being or will be carried out in a coordinated manner, pursuant to a locally developed strategy for neighborhood improvement, conservation, or preservation, eligible for rehabilitation and neighborhood conservation housing insurance under the National Housing Act. Authorizes the Secretary, as an alternative to the acquisition of an insured mortgage to avoid foreclosure, to make all or part of the monthly payments due on an insured mortgage of a one to four family residence necessary to avoid default caused by circumstances beyond the mortgagor's control. Stipulates that such payments may be provided for a period of up to 18 months which may be extended for an additional 18 months at the discretion of the Secretary. Prohibits any such payments in the case of any mortgage with respect to which the Secretary has received a notice of default on or after August 2, 1984. Amends the Housing and Urban Development Act of 1968 to direct the Secretary of Housing and Urban Development, in consultation with the Small Business Administration, to provide for the participation by lower income persons and socially and economically disadvantaged firms in federally-assisted projects. Requires the Secretary of Housing and Urban Development, by March 15, of every other year beginning with calendar year 1981, to report to Congress concerning housing production goals for the current year and set forth general objectives for such activity during the next year. Declares that the land transferred by the city of Springfield, Illinois, to the United States Department of the Interior for the Lincoln Home National Historic Site shall be deemed to have been made in accordance with the provisions of the Housing Act of 1961 and any other law and with any regulations or other requirements in implementation thereof. Title IV: Planning Assistance - Declares that the following are national policy objectives with respect to housing under the Housing Act of 1954: (1) the conservation and improvement of existing communities; (2) an increase in housing and employment opportunities and choices; and (3) the promotion of orderly and efficient growth and development of communities, regions, and States, taking into consideration the necessity of conserving energy. Declares that it is the purpose of this title to help achieve these objectives by: (1) encouraging the joint efforts of State and local governments and areawide planning organizations in developing State and areawide strategies; and (2) assuring that strategies developed pursuant to this section will lead to implementation activities by States, areawide planning organizations, and local governments. Authorizes the Secretary of Housing and Urban Development to contract to make, and to make, grants approved in accordance with the provisions set forth in this section to: (1) States, for statewide activities; (2) States, for the provision of assistance to metropolitan areawide planning organizations, nonmetropolitan areawide planning organizations, units of general local government, counties, other than urban counties, and any group of adjacent units of general local government having a total population of less than 50,000; (3) metropolitan areawide planning organizations; and (4) the Virgin Islands, Guam, the Northern Mariana Islands, American Samoa, and the Trust Territory of the Pacific Islands. Specifies that such grants shall not exceed two-thirds of the estimated cost of the work for which the grant is made. Sets forth the information to be included in the applications for such grants and requires such applications to meet such requirements as the Secretary may prescribe by regulations. Requires such applications to set forth a strategy statement which identifies policies and programs over at least a three-year period which address the major issues and problems of the applicant's jurisdiction. Requires the Secretary to establish, by regulation, criteria for the evaluation and approval of strategy statements and applications for grants and for the awarding of such grants. Requires each State and other entity receiving assistance directly from the Secretary for actions or activities being carried out to submit to the Secretary, each year, a performance report concerning such actions and activities. Requires the Secretary, on an annual basis, to make such reviews and audits as may be necessary or appropriate to determine whether a recipient of funds has carried out actions and activities substantially as described in its application. Allows the Secretary to adjust, reduce, or withdraw grant funds, or take other action as appropriate in accordance with such reviews and audits. Specifies that a strategy statement approved by the Secretary shall remain in effect for a maximum of three years following the date of its approval.

Assent No 6/80 given by the Council, pursuant to the second paragraph of Article 54 of the ECSC Treaty, to enable the Commission to grant loans totalling 120 million EUA to borrowers other than ECSC undertakings, as the first instalment of the ninth aid programme to finance housing for ECSC workers

European Union · Council of the European Union · 3 March 1980

Assent No 6/80 given by the Council, pursuant to the second paragraph of Article 54 of the ECSC Treaty, to enable the Commission to grant loans totalling 120 million EUA to borrowers other than ECSC undertakings, as the first instalment of the ninth aid programme to finance housing for ECSC workers

European Union · Council of the European Union · 3 March 1980

A bill to amend certain Federal housing laws for the purpose of assuring that no discrimination is made on the basis of the marital status of applicants for assistance under programs established by such laws.

United States · United States Congress · 26 February 1980

Amends the National Housing Act and the Federal Home Loan Mortgage Corporation Act to require the Federal Home Loan Mortgage Corporation, the Secretary of Housing and Urban Development, and the Administrator of the Veterans Administration to adopt a uniform approach to assessing the amount which any mortgagor whose mortgage is to be purchased by such corporation or insured under the National Housing Act is expected to pay for the support of dependents each month. Declares that this uniform approach shall be in addition to and not in lieu of other steps taken to prevent discrimination on the basis of marital status.

Housing and Community Development Act of 1980

United States · United States Congress · 26 February 1980

Housing and Community Development Act of 1980 - Title I: Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to define the term "metropolitan city" to specify that it shall not include any city whose population is included in the population of an urban county. Specifies for fiscal years 1981, 1982, and 1983 that no data derived from the 1980 Decennial Census, except those relating to population and poverty, shall be taken into account for purposes of the allocation of funds to metropolitan areas. Prohibits, for fiscal years 1981, 1982, and 1983, any revision to the criteria for establishing a metropolitan area or defining a central city of such an area published after January 1, 1980, to be taken into account for purposes of this title, except in the case of any area or city which would newly qualify as a metropolitan area or a central city of such an area. Specifies that, with respect to grants for State, tribal, and local community development programs, beginning in fiscal year 1981, the population of any unit of general local government which is included in that of an urban county shall be included in the population of such urban county for three program years beginning with the program year in which its population was first so included. Requires any county seeking qualification as an urban county, including any urban county seeking to continue such qualification, to notify each unit of general local government, which is included therein and is eligible to elect to have its population excluded from that of an urban county, of its opportunity to make such an election. Authorizes the appropriation of funds for the purpose of making grants to States and units of local government to help finance community development programs for fiscal years 1980 through 1983. Authorizes funds for fiscal years 1980 through 1983 for the purpose of assisting severely distressed cities that require supplemental grant assistance in order to alleviate excessive deterioration through neighborhood reclamation and community revitalization. Limits amounts of appropriated funds which may be used to aid metropolitan cities, urban counties, and other units of local government within metropolitan areas to meet their hold-harmless needs. Amends the Housing Act of 1964 to define the term "congregate housing" as residential property in which some or all of the dwelling units do not contain kitchen or bathroom facilities. Extends the rehabilitation loan program under such Act to include congregate housing and to authorize appropriations for fiscal years 1980 and 1981 for community and neighborhood development and conservation programs. Authorizes appropriations, through fiscal year 1982, for the neighborhood self-help development programs under the Housing and Community Development Amendments of 1978. Authorizes the Secretary of Housing and Urban Development to reimburse the Veterans Administration for properties transferred to urban homesteading programs. Extends the authorization of appropriations for such programs through fiscal year 1982. Title II: Housing Assistance Programs - Authorizes the Secretary of Housing and Urban Development to enter into contracts for annual contributions under the United States Housing Act of 1937 for low-income housing projects in fiscal years 1980 and 1981. Authorizes appropriations through fiscal year 1982 for operating assistance for troubled multifamily housing projects under the Housing and Community Development Amendments of 1978. Amends the National Housing Act to direct the Secretary to utilize amounts credited to the rental housing assistance fund for the sole purpose of carrying out assistance for troubled multifamily housing projects through September 30, 1982. Increases the allowable maximum amount for mortgage assistance payments under the National Housing Act. Authorizes appropriations for such mortgage assistance payments through October 1, 1981. Allows the Secretary, under the mortgage insurance program, to insure a mortgage involving a principal obligation which exceeds, by not more than 10 percent, the maximum limits, if such mortgage relates to a dwelling to be occupied by a physically handicapped person. Amends the Housing and Community Development Amendments of 1978 to require a public housing agency or nonprofit corporation applying for assistance to provide congregate services: (1) to elderly residents to consult with the Area Agency on Aging; and (2) to nonelderly handicapped residents to consult with the appropriate agency. Title III: Program Amendments and Extensions - Extends for two years through September 30, 1982, the authority of the Secretary of Housing and Urban Development (HUD) to insure mortgages or loans under certain HUD mortgage or loan insurance programs under the National Housing Act and to set interest rates for insured mortgage loans. Extends until October 1, 1982, the authority of the Government National Mortgage Association to enter into new commitments to purchase mortgages under the interim mortgage purchase authority of the National Housing Act, as amended by the Emergency Home Purchase Assistance Act of 1974. Authorizes appropriations for research and demonstration housing projects through fiscal year 1981. Amends the National Housing Act to authorize appropriations to cover losses sustained by the General Insurance Fund. Allows the President to authorize the Government National Mortgage Association to make payments to financial institutions for the purpose of subsidizing below market rate loans which are secured under the National Housing Act covering properties consisting of five or more dwelling units. Authorizes appropriations to make such payments through fiscal year 1982. Amends the National Housing Act to increase the mortgage purchase authority of the Government National Mortgage Association. Increases, by up to 20 percent, the amounts which may be insured under the National Housing Act for multifamily and institutional projects if such increase is necessary to account for the increased cost of the project due to the installation of a solar energy system. Amends the National Housing Act to authorize the Secretary, in collecting or compromising claims or obligations under the mortgage insurance program, to contract with private business concerns or agencies for payment for services rendered by such concerns or agencies in assisting the Secretary in making such collection or compromise. Requires a mortgage, in order to be eligible for mortgage insurance under the National Housing Act, to have a period of not less than 10 years to run beyond the maturity date of the mortgage. Makes mortgaged property located where concentrated housing, physical development, and public service activities are being or will be carried out in a coordinated manner, pursuant to a locally developed strategy for neighborhood improvement, conservation, or preservation, eligible for rehabilitation and neighborhood conservation housing insurance under the National Housing Act. Authorizes the Secretary, as an alternative to the acquisition of an insured mortgage to avoid foreclosure, to make all or part of the monthly payments due on an insured mortgage of a one to four family residence necessary to avoid default caused by circumstances beyond the mortgagor's control. Stipulates that such payments may be provided for a period of up to 18 months which may be extended for an additional 18 months at the discretion of the Secretary. Prohibits any such payments in the case of any mortgage with respect to which the Secretary has received a notice of default on or after August 2, 1984. Amends the Housing and Urban Development Act of 1968 to direct the Secretary of Housing and Urban Development, in consultation with the Small Business Administration, to provide for the participation by lower income persons and socially and economically disadvantaged firms in federally assisted projects. Requires the Secretary of Housing and Urban Development, by March 15, of every other year beginning with calendar year 1981, to report to Congress concerning housing production goals for the current year and set forth general objectives for such activity during the next year. Declares that the land transferred by the city of Springfield, Illinois, to the United States Department of the Interior for the Lincoln Home National Historic Site shall be deemed to have been made in accordance with the provisions of the Housing Act of 1961 and any other law and with any regulations or other requirements in implementation thereof. Title IV: Planning Assistance - Declares that the following are national policy objectives with respect to housing under the Housing Act of 1954: (1) the conservation and improvement of existing communities; (2) an increase in housing and employment opportunities and choices; and (3) the promotion of orderly and efficient growth and development of communities, regions, and States, taking into consideration the necessity of conserving energy. Declares that it is the purpose of this title to help achieve these objectives by: (1) encouraging the joint efforts of State and local governments and areawide planning organizations in developing State and areawide strategies; and (2) assuring that strategies developed pursuant to this section will lead to implementation activities by States, areawide planning organizations, and local governments. Authorizes the Secretary of Housing and Urban Development to contract to make, and to make, grants approved in accordance with the provisions set forth in this section to: (1) States, for statewide activities; (2) States, for the provision of assistance to metropolitan areawide planning organizations, nonmetropolitan areawide planning organizations, units of general local government, counties other than urban counties, and any group of adjacent units of general local government having a total population of less than 50,000; (3) metropolitan areawide planning organizations; and (4) the Virgin Islands, Guam, the Northern Mariana Islands, American Samoa, and the Trust Territory of the Pacific Islands. Specifies that such grants shall not exceed two-thirds of the estimated cost of the work for which the grant is made. Sets forth the information to be included in the applications for such grants and requires such applications to meet such requirements as the Secretary may prescribe by regulations. Requires such applications to set forth a strategy statement which identifies policies and programs over at least a three-year period which address the major issues and problems of the applicant's jurisdiction. Requires the Secretary to establish, by regulation, criteria for the evaluation and approval of strategy statements and applications for grants and for the awarding of such grants. Requires each State and other entity receiving assistance directly from the Secretary for actions or activities being carried out to submit to the Secretary, each year, a performance report concerning such actions and activities. Requires the Secretary, on an annual basis, to make such reviews and audits as may be necessary or appropriate to determine whether a recipient of funds has carried out actions and activities substantially as described in its application. Allows the Secretary to adjust, reduce, or withdraw grant funds, or take other action as appropriate in accordance with such reviews and audits. Specifies that a strategy statement approved by the Secretary shall remain in effect for a maximum of three years following the date of its approval.

Mobile Home Housing Assistance Amendments of 1980

United States · United States Congress · 25 February 1980

Mobile Home Housing Assistance Amendments of 1980 - Amends the Housing and Community Development Act of 1974 to include persons living in mobile homes and other forms of unconventional dwelling units, if such group constitutes a significant percentage of the population, in State and local community development programs. Amends the United States Housing Act of 1937 to direct the Secretary of Housing and Urban Development to allocate a percentage of the total amount of rental assistance funds to low income families who reside in mobile homes as their principal places of residence in any area in which the number of such families exceeds five percent of the total number of lower income families residing in the area in any fiscal year.

Home Mortgage Disclosure Renewal and Amendments Act of 1980

United States · United States Congress · 18 February 1980

Home Mortgage Disclosure Renewal and Amendments Act of 1980 - Amends the Home Mortgage Disclosure Act of 1975 to require certain depository institutions to disclose, each calendar year beginning in 1980, by neighborhood, the number and dollar amount of mortgage and home improvement loans made and purchased. Specifies that any depository institution which is required to make such disclosures but which has been making disclosures on some basis other than a calendar year basis shall make available a separate disclosure statement containing data for any period prior to calendar year 1980 which is not covered by the last full year report prior to the 1980 calendar year report. Requires the Board of Governors of the Federal Reserve System to prescribe a standard format for such disclosures. Requires the Board, the Federal Home Loan Bank Board, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board, in consultation with the Secretary of Housing and Urban Development, to implement a system to facilitate access to data required to be disclosed. Requires such systems to include arrangements for a central depository of data in each standard metropolitan statistical area. Specifies that disclosure statements shall be made available to the public for inspection and copying at such central depository. Repeals the provision of such Act which terminates its authority four years after its effective date. Requires the Federal Financial Institutions Examination Council to compile each year, beginning with data for calendar year 1980, for each standard metropolitan statistical area, aggregate data by census tract ( or zip code where applicable) for all depository institutions which are required to disclose data. Requires the Council to produce tables indicating, for each standard metropolitan statistical area, and for the United States as a whole, aggregate lending patterns for various categories of census tracts grouped according to location, age of housing stock, income level, and racial characteristics. Requires such data and tables to be made available to the public by no later than December 31 of the year following the calendar year on which the data is based.

Home Mortgage Disclosure Amendments of 1980

United States · United States Congress · 18 February 1980

Home Mortgage Disclosure Amendments of 1980 - Amends the Home Mortgage Disclosure Act of 1975 to require certain depository institutions to disclose, each calendar year (previously each fiscal year), by neighborhood, the number and dollar amount of mortgage and home improvement loans made and purchased. Specifies that any such disclosure, with respect to calendar year 1980 and thereafter, shall be compiled on a standardized form prescribed by the Board of Governors of the Federal Reserve System in consultation with specified Federal financial regulatory agencies. Requires such agencies, in consultation with the Department of Housing and Urban Development and such other public and private entities as such agencies deem appropriate, to jointly develop and implement means for increasing accessibility by the public to the information required to be disclosed under such Act. Requires such means to include the centralized collection and maintenance of such information by the financial regulatory agencies, other Federal agencies, local governments or government depository libraries. Requires proposed regulations with respect to the centralized collection and maintenance of information to be published with 180 days of the enactment of this Act. Extends the authority granted by such Act until September 30, 1985. Authorizes the Secretary of Housing and Urban Development to disclose information which the Secretary may possess with respect to mortgages under titles I and II of the National Housing Act which are not otherwise subject to the requirements of the Home Mortgage Disclosure Act of 1975.

Rental Construction Incentive Tax Act of 1980

United States · United States Congress · 12 February 1980

Rental Construction Incentive Tax Act of 1980 - Amends the Internal Revenue Code to exempt low-income housing and qualified rental housing construction from the amortization requirements applicable to real property construction period interest and taxes. Defines "qualified rental housing" as housing which is subject to a 30 year covenant binding its owners to maintain such property as residential rental property and which is located in an area having an average vacancy rate for rental housing of less than five percent in the year prior to such rental housing construction. Requires qualified rental housing which contains more than three dwelling units to provide for at least 30 percent occupancy by families of low or moderate income and to limit to 30 percent the number of childless individuals occupying such rental housing. Reduces the required amortization period for construction period interest and taxes with respect to qualified residential rental property (property in areas with a less than five percent vacancy rate) from ten to three years. Permits straight line depreciation, based on a ten-year period, for residential rental property. Qualifies low and moderate income rental housing for preferential tax treatment of recaptured depreciation.

Uniform Relocation Assistance Act Amendments of 1980

United States · United States Congress · 7 February 1980

Uniform Relocation Assistance Act Amendments of 1980 - Amends the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 to require that relocation benefits, including relocation assistance advisory services, be made available to all persons displaced by the commencement of a Federal or federally assisted project by the head of the Federal agency administering or financing such assistance. Increases the amount of payment for moving and dislocation allowances for displacement from dwellings, business, and farm operations. Stipulates that the additional housing payments for occupant-owned dwellings shall compensate such displaced person for any increased real property taxes which such person will incur during the life of the mortgage on the replacement dwelling. Increases the amount of replacement housing payments for tenants and certain other persons to enable such displaced persons to rent or lease a dwelling or to make a downpayment on the purchase of a dwelling. Stipulates that the assurances required of the relocation assistance advisory services that housing will be available shall: (1) be made prior to Federal approval of a project; (2) be based upon careful analysis of the housing needs of the persons to be displaced and the availability of housing; and (3) include plans for housing replacement by the Federal agency as last resort if comparable replacement sale or rental housing is not available. Authorizes the agency head to use funds authorized for the project to provide such housing. Directs the President to designate an agency which shall establish a single uniform set of regulations and procedures for use by Federal agencies and by States, State and local agencies, and other recipients of Federal financial assistance. Requires such agency to assure the uniform application and interpretation of such regulations and procedures. Makes provisions for aggrieved persons to petition such agency for a hearing. Requires such agency annually to make adjustments, beginning fiscal in year 1982, for inflation in housing costs. Authorizes the head of a Federal agency administering or financing a project to offer to acquire property from any person owning property affected by such project who is left with an uneconomic remnant in order to entitle the owner and occupant to full benefits under this Act. Makes this Act effective on October 1, 1980.

A bill to direct the Secretary of Housing and Urban Development, in consultation with the Secretary of Energy, to conduct a study comparing the amount of energy expended in the manufacture of factory built houses with the amount of energy expended in the manufacture of on-site built houses and comparing the amount of energy expended in the use of factory built houses with the amount of energy expended in the use of on-site built houses, and for other purposes.

United States · United States Congress · 6 February 1980

Requires the Secretary of Housing and Urban Development, in consultation with the Secretary of Energy, to conduct an investigation and study comparing the amount of energy expended in the manufacture and use of factory-built houses with the amount of energy expended in the manufacture and use of onsite-built houses. Requires the Secretary of Housing and Urban Development to prepare a report containing the results of such study and to transmit copies of such report to specified Congressional committees no later than October 1, 1981.

Emergency Home Purchase Assistance Authority Amendments of 1979

United States · United States Congress · 5 February 1980

Emergency Home Purchase Assistance Authority Amendments of 1979 - Amends the National Housing Act to remove the specific dollar limitations on the original principal obligation of a mortgage which may be purchased by the Government National Mortgage Association (GNMA) under the Emergency Home Purchase Assistance Act. Limits such purchasing authority to mortgages in an amount which would make a residence or project eligible for mortgage insurance under the applicable Federal insurance program. Permits such amounts to be raised by up to ten percent in high cost areas determined by the Secretary of Housing and Urban Development. Limits the sales price of a principal residence covered by a mortgage which may be purchased under the emergency authority of the GNMA to 105 percent of such maximum mortgage amount which may be raised an additional 10 percent in high-cost areas. Eliminates the 7 1/2 percent interest rate limitation on mortgage loans eligible for purchase. Permits the Secretary to establish the maximum interest rate at a level consistent with market conditions provided it does not exceed the maximum rate on mortgages eligible for Federal insurance.

A resolution authorizing additional expenditures by the Committee on Banking, Housing and Urban Affairs for inquiries and investigations.

United States · United States Congress · 31 January 1980

Authorizes additional expenditures by the Senate Committee on Banking, Housing, and Urban Affairs for inquiries and investigations from March 1, 1980, through February 28, 1981, not to exceed $1,193,000.

A bill to increase the rates of basic pay and allowances for certain pay grades of the uniformed services, to authorize under certain circumstances the payment of a station housing allowance to members of the uniformed services assigned to duty stations in certain areas of the United States, and for other purposes.

United States · United States Congress · 22 January 1980

Increases the basic pay and allowance rate in effect as of January 1, 1980, to the amount that would have been granted Federal employees if the President had not submitted an alternate pay plan for pay grades E-4 through E-9, W-1 through W-4, and 0-3 through 0-5. Authorizes additional station housing allowances to be paid to military personnel stationed in the United States (excluding Alaska and Hawaii) where the actual housing costs exceed by more than 15 percent the housing allowance provided. Replaces fixed travel reimbursement schedules with ones to be determined by the Secretaries of the military departments. Eliminates "first-class transportation, including sleeping accommodations" as a factor in determining such reimbursement rates. Includes "common carrier transportation" and "high cost areas" as factors in determining such rates.

Uniform Relocation Assistance Act Amendments of 1980

United States · United States Congress · 22 January 1980

Uniform Relocation Assistance Act Amendments of 1980 - Amends the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 to require that relocation benefits, including relocation assistance advisory services, be made available to all persons displaced by the commencement of a Federal or federally assisted project by the head of the Federal agency administering or financing such assistance. Increases the amount of payment for moving and dislocation allowances for displacement from dwellings, business, and farm operations. Specifies that such allowances shall be increased on October 1 of each year, beginning with 1981, by a percentage which is equal to the percentage increase, if any, in the Consumer Price Index. Specifies that the additional housing payments for displaced homeowners shall include compensation for the amount, if any, of the excess of the annual real property taxes on the replacement dwelling over the vacated dwelling at the time of displacement multiplied by the number of years of the mortgage on such replacement dwelling. Eliminates the requirement that a tenant occupy a rental dwelling for a period of not less than ninety days in order for such tenant to receive displacement housing payments. Specifies that the amount of replacement housing payments for tenants to enable such displaced persons to rent or lease a dwelling shall not be less than the amount of the excess, if any, of the fair market rents over the greater of the amount which the displaced person was paying for rent at the time of displacement or 25 percent of the displaced person's adjusted gross income. Directs that the amount of replacement housing payments for tenants to enable such persons to make a downpayment on the purchase of a dwelling shall not exceed 20 percent of the purchase price of such dwelling and the amount by which the displaced person's monthly payments for principal, interest, taxes, insurance, and utilities exceed 20 percent of such person's monthly adjusted gross income. Requires each relocation assistance advisory program to include such measures, facilities, or services as may be necessary or appropriate in order to assure and provide written documentation to the head of the Federal agency administering such programs for review and approval that all alternatives that will not cause displacement have been considered and found not to be feasible and that all steps to minimize displacement and its hardships have been taken before the program or project is undertaken. Requires that the assurances required of the relocation assistance advisory services that housing will be available shall: (1) be made prior to Federal approval of a project; (2) be based upon careful analysis of the housing needs of the persons to be displaced and the availability of housing; and (3) include plans for housing replacement if sale or rental housing is not available. Authorizes the agency head to use funds authorized for the project to provide such housing. Requires the heads of Federal agencies to establish regulations and procedures for use by Federal agencies and by States, State and local agencies, and other recipients of Federal financial assistance. Makes provisions for aggrieved persons to have their applications reviewed by the appropriate agency head.

REQUEST FOR ASSENT, SUBMITTED UNDER PARAGRAPH 2 OF ARTICLE 54 OF THE ECSC TREATY, TO AUTHORIZE THE GRANTING OF LOANS TO BENEFICIARIES OTHER THAN UNDERTAKINGS, FOR THE FINANCING OF HOUSING FOR PERSONS EMPLOYED IN THE INDUSTRIES OF THE ECSC (Communication from the Commission to the Council)

European Union · European Commission · 14 January 1980