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Child Care Construction and Renovation Act

Introduced: January 30, 2001 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2001
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 30, 2001
Referred to the House Committee on Financial Services.
Jan 30, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Child Care Construction and Renovation Act - Amends the Housing and Community Development Act of 1974 to authorize the use of community development block grants to construct and renovate child care facilities.

Amends the National Housing Act to authorize the Secretary of Housing and Urban Development (HUD) to insure mortgages for: (1) new or rehabilitated child care and development facilities, including for fire safety equipment loans; and (2) acquiring or refinancing debt of existing child care facilities.

Directs the Secretary of the Treasury to study the availability of secondary markets for mortgages on child care facilities.

Authorizes HUD grants to eligible nonprofit organizations for technical and financial assistance to assist eligible child care providers in acquiring or improving facilities or equipment.

Applies the provisions of the Davis-Bacon Act to actions taken under this Act.

What's happening now March 2, 2001

Referred to the Subcommittee on Housing and Community Opportunity.

 Committees of jurisdiction 2