H.R.3101 - HUD Reform Act of 1989101st Congress (1989-1990)
|Sponsor:||Rep. Brown, Hank [R-CO-4] (Introduced 08/03/1989)|
|Committees:||House - Banking, Finance, and Urban Affairs|
|Latest Action:||House - 08/15/1989 Referred to the Subcommittee on Housing and Community Development. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3101 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in House (08/03/1989)
HUD Reform Act of 1989 - Amends the Housing and Community Development Act to reduce the Secretary of Housing and Urban Development's discretionary housing fund.
Requires the Secretary to approve housing assistance applications by means of competitive procedures.
Requires the Secretary to: (1) compile and make available to the public information regarding Department of Housing and Urban Development (HUD) assistance allocation and application approval or denial; and (2) report such information to the House of Representatives and the Senate.
Requires applicants to disclose consultant information.
Prohibits the use of HUD funds to lobby the Congress by HUD officials with regard to housing assistance.
Requires the Secretary to review lower income homeownership loans for possible refinancing.