To require sales and leases of assets of public housing projects to financially benefit the residents of such public housing project and the budget of the public housing agency that owns such public housing project, and for other purposes.
Public Housing Residents Protection Act of 2019
This bill requires public housing agencies (PHAs) to take certain actions when selling or leasing assets.
Specifically, a PHA must ensure that such a sale or lease financially benefits the residents of the public housing project as well as the budget of the PHA. Further, if a buyer or lessee intends to derive a product or service from the asset, the PHA must require that the product or service be offered and provided to residents of the public housing project before being offered and provided to nonresidents.
Additionally, a PHA must include certain information regarding assets it intends to sell or lease in the upcoming year in its annual plan.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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