S.3188 - A bill to amend the United States Housing Act of 1937 to extend the authorization for contracts for annual contributions.94th Congress (1975-1976)
|Sponsor:||Sen. Brooke, Edward W. [R-MA] (Introduced 03/22/1976)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 03/22/1976 Referred to Senate Committee on Banking, Housing and Urban Affairs. (All Actions)|
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Summary: S.3188 — 94th Congress (1975-1976)All Information (Except Text)
Introduced in Senate (03/22/1976)
Extends the authorization for contracts for annual contribution under the United States Housing Act of 1937.
Authorizes an additional $850,000,000 to be appropriated in public housing contract authority for fiscal year 1977 and an additional $1,350,000,000 in such authority for fiscal year 1978 and beyond.
Requires that at least $250,000,000 of the new public housing contract authority will be made available to finance the construction of new public housing units.
Authorizes $60,000,000 to be appropriated for modernization of existing public housing units.
Authorizes $600,000,000 per year to be appropriated for operating subsidies for conventional public housing.