H.R.5122 - Housing Assistance Council Program Reauthorization Act of 2010111th Congress (2009-2010)
|Sponsor:||Rep. Hinojosa, Ruben [D-TX-15] (Introduced 04/22/2010)|
|Committees:||House - Financial Services|
|Latest Action:||04/22/2010 Referred to the House Committee on Financial Services. (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.5122 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (04/22/2010)
Housing Assistance Council Program Reauthorization Act of 2010 - Authorizes the Secretary of Housing and Urban Development (HUD) to provide financial assistance to the Housing Assistance Council to develop the ability and 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 the business and administrative capabilities of such organizations; and (2) loans, grants, or other financial assistance to them to carry out community development and affordable housing activities for low- and moderate-income families.