H.R.425 - Housing Preservation Matching Grant Act of 1999106th Congress (1999-2000)
|Sponsor:||Rep. Vento, Bruce F. [D-MN-4] (Introduced 01/19/1999)|
|Committees:||House - Banking and Financial Services|
|Latest Action:||02/12/1999 Referred to the Subcommittee on Housing and Community Opportunity. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: H.R.425 — 106th Congress (1999-2000)All Bill Information (Except Text)
Introduced in House (01/19/1999)
Housing Preservation Matching Grant Act of 1999 - Authorizes the Secretary of Housing and Urban Development to make matching grants to States for low-income housing preservation.
Sets forth requirements for projects: (1) with Department of Housing and Urban Development-insured mortgages; (2) with section 8 assistance; or (3) purchased by the residents.