Summary: H.R.3635 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.3635. Bill summaries are authored by CRS.

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Introduced in House (04/01/1998)

Senior Citizens' Housing Financial Restructuring Act of 1998 - Authorizes the Secretary of Housing and Urban Development, with the consent of the owner, to convert certain housing projects for the elderly from direct loan financing to rental assistance contract financing.

Authorizes related debt forgiveness and section 8 contract cancellation.