A bill to establish a demonstration program to provide direct financing of housing for the elderly under section 236 of the National Housing Act.

Summary

Establises the National Elderly Housing Loan Fund in the U.S. Treasury. Authorizes the Secretary of Housing and Urban Development to use the amounts in such fund for the provision of housing for elderly or handicapped families by making direct mortgage loans to approved sponsors or public agencies. Authorizes the Secretary to issue notes or other obligations in an aggregate amount of not to exceed $50,000,000 to the Secretary of the Treasury to carry out the purposes of this Act.

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

Timeline

1. 13 July 1973

   Introduced

   Referred to Senate Committee on Banking, Housing and Urban Affairs.

   Source: IntroReferral

2. 13 July 1973

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 13 July 1973

  Open at official source

Sponsors

• Sen. Williams, Harrison A., Jr. [D-NJ] · D · Sponsor
• Sen. Cranston, Alan [D-CA] · D · Cosponsor
• Sen. Kennedy, Edward M. [D-MA] · D · Cosponsor
• · ssbk00 · Standing

Related records

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