To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to guarantee loans to provide multifamily transitional housing for homeless veterans, and for other purposes.
Veterans Transitional Housing Opportunities Act of 1998 - Authorizes the Secretary of Veterans Affairs to guarantee the full or partial repayment of loans for the provision of multifamily transitional housing (MTH) for homeless veterans. Sets a maximum aggregate amount of $100 million and a maximum number of 15 such loans that may be guaranteed, not more than five of which may be guaranteed during the first three years after enactment of this Act. Outlines provisions concerning: (1) loan requirements; (2) requirements for veterans being provided MTH assistance; and (3) loan default procedures.
Requires each MTH project to be audited during its first three years of operation.
Became Public Law No: 105-368.
Referred to the Subcommittee on Benefits.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by Voice Vote.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 105-447.
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 105-447.
Placed on the Union Calendar, Calendar No. 255.
Mr. Stump moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H3392-3395)
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DEBATE - The House proceeded with forty minutes of debate.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H3461)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 1 (Roll No. 162).
Roll Call #162 (House)On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 1 (Roll No. 162).
Roll Call #162 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Veterans Affairs.
See H.R.4110.