To determine the total cost to taxpayers of Government ownership of residential homes.

1. Adds SEC. __. REPORT ON COST OF GOVERNMENT-OWNED RESIDENTIAL HOMES wherever appropriate

   Adds a section

   Inserted: SEC. __. REPORT ON COST OF GOVERNMENT-OWNED RESIDENTIAL HOMES.

   Inserted: (a) In General.--The Secretary of Housing and Urban Development shall prepare a report, and post such report on the public website of the Department of Housing and Urban Development (in this section referred to as the "Department"), regarding the number of homes owned by the Department and the budget impact of acquiring, maintaining, and selling such homes.

   Inserted: (b) Content.--The report required by this section shall include--

   Inserted: (1) the number of residential homes that the Department owned during the years 2004 and 2009;

   Inserted: (2) an itemized breakdown of the total annual financial impact, including losses and gains from selling homes and maintenance and acquisition of homes, of home ownership by the Department since 2004;

   Inserted: (3) a detailed explanation of the reasons for the ownership by the Department of the homes;

   Inserted: (4) a list of the 10 urban areas in which the Department owns the most homes and the rate of homelessness in each of those areas; and

   Inserted: (5) a list of the 10 States in which the Department owns the most homes and the rate of homelessness in each of those States.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

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As printed