An original bill to reduce homelessness, reform public housing, expand and preserve affordable housing, encourage homeownership, ensure fair housing for all, and enpower communities, and for other purposes.
TABLE OF CONTENTS:
Title I: Assistance for the Homeless
Title II: Public and Indian Housing
Subtitle A: Enhanced Flexibility for Public Housing
Agencies
Subtitle B: Severely Distressed Public Housing Program
Subtitle C: Anti-Crime Initiatives
Subtitle D: Authorizations and Extensions
Subtitle E: Applicability
Subtitle F: Termination of Certain Assisted Housing
Programs
Subtitle G: Midnight Basketball League Training and
Partnership
Subtitle H: Miscellaneous Provisions
Title III: Homeownership
Subtitle A: Expanded Single Family Homeownership
Opportunities
Subtitle B: Miscellaneous Provisions
Subtitle C: Authorizations
Title IV: Section 8 Rental Assistance
Title V: Home Investment Partnerships
Title VI: Multifamily and Supportive Housing
Subtitle A: Preservation
Subtitle B: Renewal of Expiring Section 8 Contracts
Subtitle C: Other Section 8 Program Amendments
Subtitle D: Supportive Housing
Subtitle E: Miscellaneous Provisions
Title VII: Community and Economic Development
Title VIII: Nonjudicial Foreclosure of Defaulted Single
Family Mortgages
Title IX: Rural Housing
Title X: Regulatory and Miscellaneous Programs
Housing Choice and Community Investment Act of 1994 - Title I: Assistance for the Homeless - Stewart B. McKinney Homeless Housing Assistance Reorganization Act of 1994 - Replaces specified homeless assistance programs with a program of grants for comprehensive assistance for homeless individuals and families. Authorizes appropriations.
Title II: Public and Indian Housing - Subtitle A: Enhanced Flexibility for Public Housing Agencies - Amends the United States Housing Act of 1937 to authorize the Secretary of Housing and Urban Development to make public housing direct loans. Authorizes appropriations.
(Sec. 202) Authorizes the use of modernization funds for replacement housing.
(Sec. 205) Amends the Housing and Urban-Rural Recovery Act of 1983 to permit homeless families with children to use early childhood development program services. Authorizes appropriations.
(Sec. 206) Authorizes an entrepreneurial public housing agency (PHA) and resident management corporation (RMC) demonstration program.
(Sec. 209) Amends the United States Housing Act of 1937 to authorize the sale of public housing to nonprofit organizations to facilitate resident homeownership.
Subtitle B: Severely Distressed Public Housing Program - Amends the United States Housing Act of 1937 to revise the severely distressed housing program, including grant level increases.
Subtitle C: Anti-Crime Initiatives - Amends the Public and Assisted Housing Drug Elimination Act of 1990 to establish a community partnerships against crime program of grants to PHAs and owners of federally assisted low-income housing, entitled the Community Partnerships Against Crime Act of 1994. Authorizes appropriations.
(Sec. 223) Directs law enforcement entities to make criminal records available to requesting PHAs for screening and eviction purposes.
Subtitle D: Authorizations and Extensions - Amends the United States Housing Act of 1937 to increase budget authority for specified public and Indian housing programs.
(Sec. 232) Authorizes appropriations for: (1) public housing operating subsidies; (2) the family self-sufficiency program; (3) family investment and economic opportunity centers; (4) the resident management and tenant opportunity program; and (5) the Indian housing loan guarantee program.
Subtitle E: Applicability - Applies specified public housing provisions to Indian housing.
Subtitle F: Termination of Certain Assisted Housing Programs - Terminates specified public and Indian housing programs.
Subtitle G: Midnight Basketball League Training and Partnership - Midnight Basketball League Training and Partnership Act - Amends the Cranston-Gonzalez National Affordable Housing Act to provide grants for midnight basketball league training and partnership programs. Authorizes appropriations.
Subtitle H: Miscellaneous Provisions - Provides for the deregulation of public housing agencies.
Title III: Homeownership - Subtitle A: Expanded Single Family Homeownership Opportunities - Amends the National Housing Act to revise: (1) single family mortgage limits; and (2) refinancing procedures for qualifying Department of Housing and Urban Development (HUD)-held mortgages.
(Sec. 303) Authorizes innovative affordable housing demonstration programs through the use of alternative financing instruments. Authorizes appropriations.
(Sec. 304) Establishes a single family risk-sharing mortgage insurance program.
Subtitle B: Miscellaneous Provisions - Amends the Cranston-Gonzalez National Affordable Housing Act to revise the national homeownership fund demonstration and to cite such provisions as the " National Homeownership Fund Demonstration Act". Authorizes appropriations.
(Sec. 313) Amends the Housing and Community Development Act of 1992 to expand the energy efficient mortgages pilot program.
Subtitle C: Authorizations - Amends the Federal National Mortgage Association Charter Act to authorize an aggregate amount of guaranteed loan principal under the mortgage-backed security program.
(Sec. 322) Amends the National Housing Act to authorize an aggregate amount of Federal Housing Administration (FHA) mortgage insurance.
(Sec. 323) Amends the Cranston-Gonzalez National Affordable Housing Act to authorize appropriations for the HOPE programs.
(Sec. 324) Amends the National Housing Act to extend the home equity conversion mortgage program.
Title IV: Section 8 Rental Assistance - Amends the United States Housing Act of 1937 to merge the section 8 public housing certificate and voucher programs into a single revised certificate program.
(Sec. 403) Increases budget authority for family unification assistance.
Title V: Home Investment Partnerships - Amends the Cranston-Gonzalez National Affordable Housing Act to authorize HOME program loan guarantees. Authorizes appropriations.
Title VI: Multifamily and Supportive Housing - Subtitle A: Preservation - Amends the Housing and Community Development Act of 1987 to authorize appropriations for low-income housing preservation.
Subtitle B: Renewal of Expiring Section 8 Contracts - Amends the United States Housing Act of 1937 to authorize the Secretary to enter into new section 8 construction and rehabilitation contracts.
(Sec. 614) Directs the Secretary to provide assistance to tenants in units with expiring contracts.
Authorizes appropriations for activities under this subtitle.
Subtitle C: Other Section 8 Program Amendments - Amends the United States Housing Act of 1937 to provide incentives for multifamily mortgage refinancing.
(Sec. 633) Authorizes civil penalties for violation of section 8 housing assistance payment contracts.
Subtitle D: Supportive Housing - Authorizes appropriations for supportive housing service coordinators.
(Sec. 643) Amends the Housing and Community Development Act of 1992 to authorize appropriations for: (1) supportive housing for the elderly; and (2) supportive housing for persons with disabilities.
(Sec. 645) Amends the Cranston-Gonzalez National Affordable Housing Act to authorize appropriations for persons with AIDS.
Subtitle E: Miscellaneous Provisions - Amends the Housing and Community Development Amendments of 1978 to authorize appropriations for the flexible subsidy program.
(Sec. 653) Extends the multifamily mortgage credit demonstration program.
(Sec. 655) Amends the National Housing Act to authorize civil penalties against general partners and certain managing agents of multifamily housing projects.
(Sec. 658) Authorizes appropriations for the general insurance fund and the special risk insurance fund.
(Sec. 659) Increases FHA mortgage insurance limits for multifamily housing in high cost areas.
Title VII: Community and Economic Development - Amends the Housing and Community Development Act of 1974 to authorize the Secretary to make grants to stimulate economic development in specified investment areas (LIFT program). Authorizes appropriations.
(Sec. 702) Authorizes, and authorizes appropriations for, a colonias assistance program.
(Sec. 703) Amends the Cranston-Gonzalez National Affordable Housing Act to extend the colonias community development block grant (CDBG) set-aside.
(Sec. 704) Amends the Housing and Community Development Act of 1974 to authorize CDBG appropriations.
(Sec. 707) Amends the HUD Demonstration Act of 1993 to authorize appropriations for the community viability fund.
(Sec. 708) Amends the Housing and Community Development Act of 1992 to authorize appropriations for: (1) the community investment corporation demonstration program; and (2) the national cities in schools program.
(Sec. 710) Authorizes appropriations for water and wastewater projects for cities with special needs (defined to include minority communities with special needs).
(Sec. 711) Amends the Housing and Community Development Act of 1974 to temporarily prohibit recapture or reduction of UDAG funds.
Title VIII: Nonjudicial Foreclosure of Defaulted Single Family Mortgages - Single Family Mortgage Foreclosure Act of 1994 - Authorizes the Secretary to foreclose defaulted single family mortgages.
Title IX: Rural Housing - Amends the Housing Act of 1949 to authorize appropriations for specified rural housing and related programs.
(Sec. 902) States that Indian tribes and entities are eligible for rural housing assistance.
(Sec. 903) Authorizes the Secretary of Agriculture to establish a Treasury escrow fund for rural housing loan payments.
(Sec. 905) Extends set-aside authority for targeted rural areas and colonias (and increases colonia set-sides).
(Sec. 906) Amends the rural housing for the elderly or handicapped program to: (1) reduce maximum loan periods; and (2) extend nonprofit entity set-asides.
(Sec. 907) Permits migrant farmworker project rental assistance to be used for operating expenses.
(Sec. 908) Makes manufactured home parks eligible for building site loans for cooperatives.
(Sec. 911) Directs the Secretary of Agriculture to establish a rural housing capacity demonstration program for Native Americans and Alaskan Natives.
Title X: Regulatory and Miscellaneous Programs - Amends the Residential Lead-Based Paint Hazard Reduction Act of 1992 to authorize appropriations, including specified set-asides, for lead-based paint reduction activities.
(Sec. 1005) Amends the Housing and Urban Development Act of 1970 to authorize appropriations for HUD research and development.
(Sec. 1007) Amends the Housing and Community Development Act of 1987 to authorize appropriations for the fair housing initiatives program.
(Sec. 1008) Amends the Home Mortgage Disclosure Act of 1975 to authorize civil money penalties for reporting violations by nonsupervised lending institutions.
(Sec. 1009) Amends the Cranston-Gonzalez National Affordable Housing Act to authorize appropriations for the Youthbuild program.
(Sec. 1010) Amends the Neighborhood Reinvestment Corporation Act to authorize appropriations for the Neighborhood Reinvestment Corporation.
(Sec. 1011) Amends the Department of Housing and Urban Development Act to authorize appropriations for HUD salaries and expenses.
(Sec. 1013) Amends the National Housing Act to authorize civil money penalties for improper participation in the origination of title I (housing renovation and modernization) loans.
(Sec. 1014) Cancels specified public facilities loan indebtedness of Lockport Township, Illinois.
(Sec. 1015) Establishes the National Commission on the Future of the Federal Housing Administration. Sets aside Commission funding. Terminates the Commission 12 months after appointment of all its members.
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 533.
Introduced in Senate
Committee on Banking. Original measure reported to Senate by Senator Riegle. With written report No. 103-307. Additional views filed.
Committee on Banking. Original measure reported to Senate by Senator Riegle. With written report No. 103-307. Additional views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 517.
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