Summary: S.2035 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for S.2035. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (01/26/2012)

Workforce Residential Housing Act of 2011 - Amends the National Housing Act to exempt a workforce residential housing property from the prohibition against the use of multifamily housing covered by a federally insured mortgage for transient or hotel purposes (thus authorizing such use).

Defines "workforce residential property" as multifamily housing that rents units for a minimum stay of seven days and does not provide retail hotel amenities.