S.1450 - Housing Assistance Council Authorization Act of 2007110th Congress (2007-2008)
|Sponsor:||Sen. Kohl, Herb [D-WI] (Introduced 05/22/2007)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||05/22/2007 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: S.1450 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in Senate (05/22/2007)
Housing Assistance Council Authorization Act of 2007 - Authorizes the Secretary of Housing and Urban Development to provide financial assistance to the Housing Assistance Council to develop the capacity of community-based housing development organizations to undertake community development and affordable housing projects and programs in rural areas.
Authorizes the Council to use such assistance for rural community-based housing development organizations to acquire: (1) technical assistance, training, support, and advice to develop business and administrative capabilities; and (2) loans, grants, or other financial assistance to carry out community development and affordable housing activities for low- and moderate-income families.