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United States · Bill · HR

H.R. 4067 (103rd)

Multifamily Housing Property Disposition Reform Act of 1994

openUnited States· United States Congress· EN

Introduced

17 March 1994

Last action

22 March 1994 · Floor

Status

Laid on the table. See S. 1299 for further action.

Sponsors

Rep. Gonzalez, Henry B. [D-TX-20]

Subjects

Environment, Housing

Source updated

6 February 2024

Environment · Housing

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Summary

TABLE OF CONTENTS: Title I: Multifamily Property Disposition Reform Title II: Other Program Reforms Subtitle A: HOME Investment Partnerships Program Subtitle B: HOPE Homeownership Program Subtitle C: Community Development Block Grants Title III: Technical Amendments Multifamily Property Disposition Reform Act of 1994 - Title I: Multifamily Property Disposition Reform - Amends the Housing and Community Development Amendments of 1978 to revise provisions regarding the management and disposition of Department of Housing and Urban Development (HUD)-held multifamily properties and mortgages. (Sec. 102) Authorizes the use of emergency assistance funds for residents in multifamily housing disposition projects. (Sec. 103) Repeals the State agency multifamily property disposition demonstration. (Sec. 104) Sets forth multifamily mortgage assessment procedures. Revises multifamily housing funding provisions. Requires General Accounting Office studies concerning: (1) General Insurance Fund and Special Risk Insurance Fund loan reserves; and (2) actuarial soundness of the nursing home, hospital, and retirement service center insurance programs. (Sec. 106) Amends the National Housing Act to authorize appropriations for such Funds. Title II: Other Program Reforms - Subtitle A: Home Investment Partnerships Program - Amends the Cranston-Gonzalez National Affordable Housing Act to make State agencies eligible to participate in the HOME investment partnerships program (program). (Sec. 204) Eliminates from the program the first-time homebuyer requirement. (Sec. 206) Eliminates from the program the separate (Comptroller General) audit requirement. (Sec. 208) Amends the Housing and Community Development Act of 1974 to permit the use of community development block grant (CDBG) funds for program expenses. (Sec. 209) Suspends program requirements (with exceptions) for certified disaster area use. Subtitle B: HOPE Homeownership Program - Reduces the HOPE single-family ownership program recipient matching requirement. Subtitle C: Community Development Block Grants - Amends the Housing and Community Development Act of 1974 to authorize the guarantee of section 108 loan-backed obligations. (Sec. 233) Suspends CDBG requirements (with exceptions) for certified disaster area use. Title III: Technical Amendments - Revises environmental review provisions for the lead-based paint hazard reduction program under the Housing and Community Development Act of 1992 and for assisted housing programs under title I of the United States Housing Act of 1937. (Sec. 306) Extends contract authority for certain leased housing contracts under the United States Housing Act of 1937. (Sec. 307) Amends the National Housing Act to revise specified multifamily mortgage limits. (Sec. 308) Amends the Housing and Community Development Act of 1992 to revise the: (1) multifamily housing risk sharing program; and (2) housing finance agency pilot program. Reauthorizes the Secretary of Housing and Urban Development's authority to enter into mortgage commitments under the risk sharing program. (Sec. 309) Authorizes subsidy layering review by a housing credit agency certification of appropriate assistance limits.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 17 March 1994

    Introduced

    Referred to the House Committee on Banking, Finance + Urban Affrs.

    Source: IntroReferral

  2. 17 March 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 March 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 21 March 1994

    Floor

    At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Gonzalez objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.

    Source: Floor

  5. 21 March 1994

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

  6. 21 March 1994

    Floor

    Considered under suspension of the rules. (consideration: CR H1579-1592)

    Source: Floor

  7. 21 March 1994

    Floor

    Mr. Gonzalez moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  8. 22 March 1994

    Floor

    Laid on the table. See S. 1299 for further action.

    Source: Floor

  9. 22 March 1994

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  10. 22 March 1994

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays (2/3 required): 413 - 9 (Roll No. 81).

    Source: Floor

  11. 22 March 1994

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays (2/3 required): 413 - 9 (Roll No. 81).

    Source: Floor

  12. 22 March 1994

    Floor

    Considered as unfinished business. (consideration: CR H1824-1825)

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

4 official files

Introduced in House (text)

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  • Passed House amended

    summary · EN · 22 March 1994

    Open at official source

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  • Introduced in House (text)

    Introduced in House · EN · 17 March 1994

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  • Introduced in House (PDF)

    Introduced in House · EN · 17 March 1994

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 17 March 1994

    Open at official source

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Sponsors

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Sources

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