S. 3637

Housing Assistance Council Program Reauthorization Act of 2010

Latest

II

111th CONGRESS

2d Session

S. 3637

IN THE SENATE OF THE UNITED STATES

July 22, 2010

Mr. Kohl (for himself, Ms. Snowe, and Mr. Inouye) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To authorize appropriations for the Housing Assistance Council.

1.

Short title

This Act may be cited as the Housing Assistance Council Program Reauthorization Act of 2010.

2.

Assistance to Housing Assistance Council

(a)

Use

The Secretary of Housing and Urban Development may provide financial assistance to the Housing Assistance Council for use by such Council to develop the ability and capacity of community-based housing development organizations to undertake community development and affordable housing projects and programs in rural areas. Assistance provided by the Secretary under this section may be used by the Housing Assistance Council for—

(1)

technical assistance, training, support, and advice to develop the business and administrative capabilities of rural community-based housing development organizations;

(2)

loans, grants, or other financial assistance to rural community-based housing development organizations to carry out community development and affordable housing activities for low- and moderate-income families; and

(3)

such other activities as may be determined by the Housing Assistance Council.

(b)

Authorization of appropriations

There are authorized to be appropriated for fiscal years 2012 through 2017 such sums as are necessary for financial assistance under this section for the Housing Assistance Council.