3.0.0 3363 2022-02-03T05:11:26Z 2022-02-03T05:11:26Z Senate S S 2008-07-30 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2008-07-30T18:47:38Z Section 515 Rural Housing Property Transfer Improvement Act of 2007 110 3873 HR 2008-01-24 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2008-07-30 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2008-07-30 Introduced in Senate IntroReferral 10000 9 Library of Congress T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT N Housing and Community Development Administrative procedure Apartment houses Bonds Congressional reporting requirements Department of Agriculture Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Housing finance Housing subsidies Income tax Law Low-income housing Moderate income housing Mortgage guaranty insurance Mortgages Rental housing Rural housing Social Welfare Tax credits Taxation Housing and Community Development 00 2008-07-30 Introduced in Senate 2008-10-29T21:49:35Z Section 515 Rural Housing Property Transfer Improvement Act of 2008 - Amends the Housing Act of 1949 to direct the Secretary of Agriculture to: (1) implement administrative and procedural changes to expedite the application approval process for transferring ownership of Section 515 rural multifamily housing projects for which a loan is either made or insured for a project's preservation, continued use restriction, and rehabilitation; and (2) actively facilitate such transfers.

Grants final regulatory authority over such property transfers to the Office of Rental Housing Preservation of the Rural Housing Service of the Department of Agriculture.

Sets forth deadlines for the processing of transfer applications.

]]> Section 515 Rural Housing Property Transfer Improvement Act of 2008 Short Titles as Introduced Section 515 Rural Housing Property Transfer Improvement Act of 2008 Display Title Section 515 Rural Housing Property Transfer Improvement Act of 2008 Official Title as Introduced A bill to expedite the transfer of ownership of rural multifamily housing projects with loans made or insured under section 515 of the Housing Act of 1949 so that such projects are rehabilitated and preserved for use for affordable housing. Introduced in Senate 2008-07-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3363is/xml/BILLS-110s3363is.xml 2008-07-30 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.