Mark-to-Market Extension Act of 2001

Summary

Mark-to-Market Extension Act of 2001 - Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 (Act) to require (currently, authorizes) the Secretary of Housing and Urban Development to make specified funds available to tenant, nonprofit, and other organizations for activities under such Act. Requires the Office of Multifamily Housing Assistance Restructuring (Office) to provide section 8 residents with notice of a restructuring plan's rejection. Authorizes the Secretary to consider mortgage restructuring and rental sufficiency plans to facilitate property transfers. Limits owner contribution to 25 percent of rehabilitation costs in the case of certain required additional features such as elevators, air conditioning, or community space. Amends the United States Housing Act of 1937 to provide for consistent rent standards for projects undergoing restructuring, and for tenant-based vouchers. Amends the National Housing Act to limit a refinanced mortgage subject to a mortgage restructuring and rental sufficiency plan to not more than a 30-year term. Extends the Office and mortgage and rehabilitation programs under the Act.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 1 August 2001

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• Reported to Senate (PDF)

  Reported to Senate · EN · 1 August 2001

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• Reported to Senate with amendment(s)

  summary · EN · 1 August 2001

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• Introduced in Senate (text)

  Introduced in Senate · EN · 26 July 2001

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 26 July 2001

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• Introduced in Senate

  summary · EN · 26 July 2001

  Open at official source

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