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HR 3635 105th Congress House Housing and Community Development Congregate housing Debtor and creditor Economics and Public Finance Federal aid to housing Finance and Financial Sector Government lending Housing finance Housing for the aged Housing subsidies Low-income housing Rent subsidies Rental housing Residential rehabilitation Social Welfare

Senior Citizens' Housing Financial Restructuring Act of 1998

Introduced: April 1, 1998 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 9, 1998
Referred to the Subcommittee on Housing and Community Opportunity.
Apr 2, 1998
Sponsor introductory remarks on measure. (CR E582-583)
Apr 1, 1998
Referred to the House Committee on Banking and Financial Services.
Apr 1, 1998
Introduced in House
 Plain-English summary Congressional Research Service

Senior Citizens' Housing Financial Restructuring Act of 1998 - Authorizes the Secretary of Housing and Urban Development, with the consent of the owner, to convert certain housing projects for the elderly from direct loan financing to rental assistance contract financing.

Authorizes related debt forgiveness and section 8 contract cancellation.

What's happening now April 9, 1998

Referred to the Subcommittee on Housing and Community Opportunity.

 Committees of jurisdiction 2