H.R.5164 - Earning and Living Opportunities Act109th Congress (2005-2006)
|Sponsor:||Rep. Velazquez, Nydia M. [D-NY-12] (Introduced 04/06/2006)|
|Committees:||House - Financial Services|
|Latest Action:||House - 04/06/2006 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5164 — 109th Congress (2005-2006)All Information (Except Text)
Introduced in House (04/06/2006)
Earning and Living Opportunities Act - Amends the Housing and Urban Development Act of 1968 to set forth as a condition of federal housing and community development assistance that: (1) a public or Indian housing agency or contractor shall require that at least 20% of employee hours be performed by low- or very low-income persons; and (2) a recipient of assistance for housing rehabilitation, construction, or other public construction projects and their contractors shall require that at least 20% of new employee hours be performed by low- or very low-income persons.
Directs the Secretary to require a public or Indian housing agency and other recipients of federal housing and community development assistance to: (1) establish a section 3 committee of interested parties to oversee all aspects of compliance with section 3 of such Act; (2) advertise training and employment opportunities generated by development assistance; and (3) maintain a registry of eligible low- and very low-income persons who express interest in those opportunities.
Prescribes requirements for: (1) contractor compliance and job training; and (2) agency recruitment and referral.
Establishes fines for noncompliance.