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HR 6115 109th Congress House Housing and Community Development Apartment houses Disaster relief Economics and Public Finance Emergency Management Federally-guaranteed loans Finance and Financial Sector Housing authorities Housing subsidies Low-income housing Mortgage guaranty insurance Mortgages Nonprofit organizations Rent Rental housing Residential rehabilitation Social Welfare

Mark-to-Market Extension Act of 2006

Introduced: September 20, 2006 See on congress.gov
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 13, 2006
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 28, 2006
Received in the Senate.
Sep 27, 2006
Motion to reconsider laid on the table Agreed to without objection.
Sep 27, 2006
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 1 (Roll no. 493). (text: CR H7571)
Sep 27, 2006
Considered as unfinished business. (consideration: CR H7592-7593)
Sep 27, 2006
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Sep 27, 2006
DEBATE - The House proceeded with forty minutes of debate on H.R. 6115.
Sep 27, 2006
Considered under suspension of the rules. (consideration: CR H7571-7573)
Sep 27, 2006
Mr. Oxley moved to suspend the rules and pass the bill.
Sep 20, 2006
Referred to the House Committee on Financial Services.
Sep 20, 2006
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Sep 27, 2006 House · vote #493 On Motion to Suspend the Rules and Pass Passed 416–1 See who voted →
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 Plain-English summary Congressional Research Service

Mark-to-Market Extension Act of 2006 - Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 to reauthorize to October 1, 2011: (1) the Mark-to-Market program; and (2) provisions of the FHA-insured Multifamily Housing Mortgage and Housing Assistance Restructuring program regarding projects and programs for which binding commitments have been entered into under such Act.

Permits the Secretary of Housing and Urban Development to waive rent level limits for up to 9% (currently 5%) of all units subject to restructured mortgages in any fiscal year, based on certain findings of special need.

Revises requirements for an approved mortgage restructuring and rental assistance sufficiency plan with respect to modification or forgiveness of all or part of a second mortgage held by the Secretary (debt relief) if the project concerned is acquired by a tenant organization or tenant-endorsed community-based nonprofit or public agency.

Sets forth requirements for alternative periods of eligibility for such nonprofit debt relief.

Declares disaster-damaged eligible projects eligible without regard to the relationship between rent level for the assisted units and comparable market rents.

Requires each mortgage restructuring and rental assistance sufficiency plan to determine adjusted rent levels, according to certain formulae, for units assisted with project-based assistance in eligible multifamily housing projects.

States that, with respect to a disaster-damaged eligible project, the owner contribution toward rehabilitation needs shall be determined in accordance with specified requirements.

What's happening now November 13, 2006

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 2
  • S 3511 Related bill Mark-to-Market Extension Act of 2006
  • HR 5527 Related bill Mark-to-Market Extension Act of 2006
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Waters, Maxine
California · Sep 20, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6115: Mark-to-Market Extension Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-6115/
MLA
"H.R. 6115: Mark-to-Market Extension Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-6115/.
Bluebook (legal)
H.R. 6115, 109th Cong. (2026), https://openamerica.io/bill/109-HR-6115/.
Markdown link
[H.R. 6115: Mark-to-Market Extension Act of 2006](https://openamerica.io/bill/109-HR-6115/)
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