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 1999 - 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.
Sponsor introductory remarks on measure. (CR E88-89)
Referred to the Subcommittee on Housing and Community Opportunity.
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