Housing Preservation and Tenant Protection Act of 2010

reportedUnited States· United States Congress· EN

Introduced

17 March 2010

Last action

27 July 2010 · Committee

Status

Ordered to be Reported (Amended) by the Yeas and Nays: 42 - 27.

Summary

Housing Preservation and Tenant Protection Act of 2010 - Requires the Secretary of Housing and Urban Development (HUD), upon request of a project owner with a rental supplement contract or a rental assistance program (RAP) contract, to convert such contract to a section 8 project-based assistance contract. Prohibits an owner of specified covered housing from selling such property before notifying the required parties and giving HUD an opportunity to purchase it. (Thus grants HUD the first right of refusal.) Prescribes requirements for: (1) preservation of HUD-owned and HUD-held buildings; (2) HUD authority to assign flexible subsidy loans; and (3) the use of existing section 8 funds to preserve and revitalize affordable housing. Amends the Housing and Community Development Act of 1992 to authorize the Government National Mortgage Association (Ginnie Mae) to securitize any Federal Housing Administration (FHA) risk-share multifamily loan under the same terms and conditions as if the loan were insured under the National Housing Act. Revises or prescribes requirements for: (1) restoring housing at risk of loss due to deterioration; (2) protecting residents in HUD assisted projects; (3) preserving troubled projects facing foreclosure; (4) providing incentives under the Multifamily Assisted Housing Reform and Affordability Act of 1997; and (5) establishing a publicly available preservation data base composed of each covered multifamily property. Section 202 Supportive Housing for the Elderly Act of 2010 - Amends the Housing Act of 1959 regarding project rental assistance for supportive housing for the elderly. Amends the American Homeownership and Economic Opportunity Act of 2000 with respect to project-based rental housing assistance programs and senior preservation rental assistance contracts Requires HUD to establish and operate a national senior housing clearinghouse. Rural Housing Preservation Act of 2010 - Amends the Housing Act of 1949 to require the Secretary of Agriculture to carry out a preservation program to provide financial incentives and other assistance to owners of Section 515 rural multifamily housing projects through long-term use agreements entered into between the project owners and the Secretary. (A Section 515 project is one involving housing and related facilities for elderly persons and families or other persons and families of low income.)

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

Timeline

17 March 2010
Introduced
Referred to House Financial Services
Source: IntroReferral
17 March 2010
Introduced
Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
17 March 2010
Introduced
Introduced in House
Source: IntroReferral
17 March 2010
Introduced
Introduced in House
Source: IntroReferral
27 July 2010
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 42 - 27.
Source: Committee
27 July 2010
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee

Votes

No vote records are attached yet.

Versions

Introduced in House · 17 March 2010 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 17 March 2010
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Introduced in House (PDF)
Introduced in House · EN · 17 March 2010
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Introduced in House
summary · EN · 17 March 2010
Open at official source
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Vertaal naar
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Related records

related to → Rural Housing Preservation Act of 2009
related to ← Section 202 Supportive Housing for the Elderly Act of 2010

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/111th-congress/house-bill/4868
Open data entity: https://api.congress.gov/v3/bill/111/hr/4868
us · 111-hr-4868 · source updated 14 August 2025