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HR 1411 110th Congress House Finance and Financial Sector Alabama Block grants Building construction Commerce Community development Congressional reporting requirements Construction costs Construction industries Construction workers Curricula Day care Disaster relief Economics and Public Finance Education Emergency Management Equipment and supplies Families Fire prevention Floods

Emergency Gulf Coast Child Care Construction and Rebuilding Act

Introduced: March 8, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2007
Referred to the House Committee on Financial Services.
Mar 8, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Emergency Gulf Coast Child Care Construction and Rebuilding 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 located in any major disaster area resulting from Hurricane Katrina or Rita of 2005.

Amends the National Housing Act to authorize the Secretary of Housing and Urban Development (HUD) to insure: (1) mortgages for new or substantially rehabilitated child care and development facilities; (2) loans to such facilities for fire safety equipment; and (2) mortgages executed in connection with the purchase or refinancing of existing child care facilities.

Directs the Secretary of the Treasury to study and report to Congress on the availability of secondary markets for such mortgages.

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.

What's happening now March 8, 2007

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1