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Affordable Housing Barrier Removal Act of 1998

Introduced: March 27, 1998 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 1998
Read twice and referred to the Committee on Banking.
Mar 27, 1998
Sponsor introductory remarks on measure. (CR S2724-2725)
Mar 27, 1998
Introduced in Senate
 Plain-English summary Congressional Research Service

Affordable Housing Barrier Removal Act of 1998 - Provides for a Department of Housing and Urban Development (HUD)-sponsored biennial conference on (regulatory) barriers to affordable housing.

Requires proposed and final agency rules to analyze their impact upon affordable housing availability. Directs the Secretary of Housing and Urban Development to develop model housing impact analyses.

(Sec. 5) Amends the Housing and Community Development Act of 1992 to authorize direct appropriations for State and local grants for regulatory barrier removal.

(Sec. 6) Amends the Housing and Community Development Act of 1974 to make affordable housing barrier removal eligible for community development block grant assistance. Expresses the sense of the Congress that each block grant recipient should establish a Barriers to Homeownership and Housing Affordability Council.

(Sec. 7) States that the regulatory barriers clearinghouse shall be established within the Office of Policy Development of HUD under the direction of the Assistant Secretary for Policy Development and Research.

(Sec. 8) Amends the National Housing Act to: (1) repeal the single family mortgage insurance owner-occupancy requirement; (2) repeal mortgage limits on dwellings begun prior to insurance approval; (3) revise the definition of "area"; and (4) revise downpayment provisions.

What's happening now March 27, 1998

Read twice and referred to the Committee on Banking.

 Committees of jurisdiction 1