H.R.3039 - Veterans Transitional Housing Opportunities Act of 1998105th Congress (1997-1998)
|Sponsor:||Rep. Stump, Bob [R-AZ-3] (Introduced 11/13/1997)|
|Committees:||House - Veterans' Affairs | Senate - Veterans' Affairs|
|Committee Reports:||H. Rept. 105-447|
|Latest Action:||10/10/1998 See H.R.4110. (All Actions)|
|Roll Call Votes:||There has been 1 roll call vote|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.3039 — 105th Congress (1997-1998)All Information (Except Text)
Passed House amended (05/19/1998)
Veterans Transitional Housing Opportunities Act of 1998 - Authorizes the Secretary of Veterans Affairs to guarantee the full or partial repayment of loans for the provision of multifamily transitional housing (MTH) for homeless veterans. Sets a maximum aggregate amount of $100 million and a maximum number of 15 such loans that may be guaranteed, not more than five of which may be guaranteed during the first three years after enactment of this Act. Outlines provisions concerning: (1) loan requirements; (2) requirements for veterans being provided MTH assistance; and (3) loan default procedures.
Requires each MTH project to be audited during its first three years of operation.