To authorize the Secretary of Housing and Urban Development to make grants to States to supplement State assistance for the preservation of affordable housing for low-income families.
Housing Preservation Matching Grant Act of 1998 - Authorizes the Secretary of Housing and Urban Development to make matching grants to States for low-income housing preservation.
Sets forth requirements for projects: (1) with Department of Housing and Urban Development-insured mortgages; (2) with section 8 assistance; or (3) purchased by the residents.
Authorizes appropriations.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
Sponsor introductory remarks on measure. (CR E2283-2284)
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