113 S640 IS: Hawaiian Homeownership Opportunity Act of 2013 U.S. Senate 2013-03-21 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II 113th CONGRESS 1st Session S. 640 IN THE SENATE OF THE UNITED STATES March 21, 2013 Ms. Hirono (for herself and Mr. Schatz) introduced the following bill; which was read twice and referred to the Committee on Indian Affairs A BILL To reauthorize the programs of the Department of Housing and Urban Development for housing assistance for Native Hawaiians.

1.

Short title

This Act may be cited as the Hawaiian Homeownership Opportunity Act of 2013.

2.

Authorization of appropriations for housing assistance

Section 824 of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4243), as added by section 513 of Public Law 106–569 (114 Stat. 2969), is amended by striking fiscal years and all that follows and inserting the following: fiscal years 2013, 2014, 2015, 2016, and 2017..

3.

Loan guarantees for Native Hawaiian housing

Section 184A of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z–13b), as added by section 514 of Public Law 106–569 (114 Stat. 2989), is amended as follows: (1)

Authorization of appropriations

In subsection (j)(7), by striking fiscal years and all that follows and inserting the following: fiscal years 2013, 2014, 2015, 2016, and 2017.. (2)

Authority

In subsection (b), by striking or as a result of a lack of access to private financial markets. (3)

Eligible housing

In subsection (c), by striking paragraph (2) and inserting the following new paragraph: (2)

Eligible housing

The loan will be used to construct, acquire, refinance, or rehabilitate 1- to 4-family dwellings that are standard housing and are located on Hawaiian Home Lands. .