Gonzalez-Waters Distressed Communities Assistance Act
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Gonzalez-Waters Distressed Communities Assistance Act - Authorizes the Secretary of Housing and Urban Development to provide emergency loan guarantee assistance in connection with section 108 of the Housing and Community Development Act of 1974 for business development and reestablishment in areas of Los Angeles affected by civil disturbances on or after April 29, 1992, and before May 6, 1992. Exempts such guarantees from specified program requirements.
Authorizes assistance to cover related interest costs.
Directs the Secretary to enter into guarantees with an aggregate principal amount of $500,000,000, subject to approval in appropriation Acts.
Referred to the Subcommittee on Economic Stabilization.
- Introduced in House Formatted Text
Cite this page
U.S. Congress. (2026). H.R. 5102: Gonzalez-Waters Distressed Communities Assistance Act. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-5102/
"H.R. 5102: Gonzalez-Waters Distressed Communities Assistance Act." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-5102/.
H.R. 5102, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-5102/.
[H.R. 5102: Gonzalez-Waters Distressed Communities Assistance Act](https://openamerica.io/bill/102-HR-5102/)