Gonzalez-Waters Distressed Communities Assistance Act

Summary

Gonzalez-Waters Distressed Communities Assistance Act - Authorizes the Secretary of Housing and Urban Development to provide emergency loan guarantee assistance in connection with section 108 of the Housing and Community Development Act of 1974 for business development and reestablishment in areas of Los Angeles affected by civil disturbances on or after April 29, 1992, and before May 6, 1992. Exempts such guarantees from specified program requirements. Authorizes assistance to cover related interest costs. Directs the Secretary to enter into guarantees with an aggregate principal amount of $500,000,000, subject to approval in appropriation Acts.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 May 1992

  Open at official source

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