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United States · Bill · HR

H.R. 1798 (105th)

HUD Property Disposition Reform Act

referredUnited States· United States Congress· EN

Introduced

5 June 1997

Last action

Status

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

HUD Property Disposition Reform Act - Prohibits the Secretary of Housing and Urban Development from using specified lease options in carrying out the program of disposing of single family properties for use by the homeless. States that the purchase price of such disposed properties shall be the fair market value less specified discounts depending upon whether the sale is: (1) a mortgage-insured sale or under a lease-option to purchase agreement; or (2) an uninsured sale. Authorizes sales to private nonprofit organizations under specified conditions.

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Documents

3 official files

Introduced in House (text)

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