3.0.0 2986 2023-01-11T13:22:22Z 2023-01-11T13:22:22Z House H HR 2011-09-21 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BACA:H.R. 2986.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3.[Page H6343]]]> hsba00 Financial Services Committee House Standing hsba04 Housing and Insurance Subcommittee Referred to 2011-10-04T16:53:17Z Referred to 2011-09-21T14:03:10Z Community Partners Next Door Act of 2011 112 379 HR 2011-03-23 Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Related bill CRS Community Partners Neighborhood Preservation Act of 2011 112 3649 HR 2012-01-12 Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Related bill CRS 2011-10-04 hsba04 Housing and Insurance Subcommittee 1 House committee actions Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Committee 2011-09-21 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-09-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-09-21 Introduced in House IntroReferral 1000 9 Library of Congress B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 N Housing and Community Development Fires Government buildings, facilities, and property Government lending and loan guarantees Housing finance and home ownership Law enforcement officers Teaching, teachers, curricula Housing and Community Development 00 2011-09-21 Introduced in House 2012-02-15T21:15:42Z Community Partners Neighborhood Preservation Act of 2011 - Amends the National Housing Act to provide: (1) a 50% discount for teachers and public safety officers purchasing certain eligible asset properties for use as their primary residence during FY2012-FY2022, and (2) a $100 downpayment on any related insured mortgage.

Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual.

Expresses the sense of Congress that the Secretary of Housing and Urban Development (HUD) should consult with the heads of other federal agencies that own or hold properties appropriate for use as housing to determine the possibility and effectiveness of including such properties in programs that make housing available for law enforcement officers, teachers, or fire fighters.

Makes a public safety officer or teacher eligible to purchase any property owned or held by the Secretary pursuant to: (1) foreclosure of any HUD-insured mortgage; or (2) assignment of the mortgage, deed in lieu of foreclosure, conveyance of title, or any other acquisition of the property or mortgage in connection with the payment of insurance benefits by the Secretary.

Directs the Secretary to revise the Good Neighbor Next Door Initiative to provide that the subordinate mortgage on the property of a mortgagor who purchased it under the Initiative shall be released in any case in which the mortgagor loses his or her employment position as a law enforcement officer, teacher, firefighter, or emergency medical technician as a result of any reductions in force or other reason other than dismissal for cause.

Directs the Secretary of HUD, in making any real estate owned by HUD available for purchase, to provide a preference for purchase by public safety officers and teachers.

]]> Community Partners Neighborhood Preservation Act of 2011 Display Title Community Partners Neighborhood Preservation Act of 2011 Official Title as Introduced To expand the Officer Next Door and Teacher Next Door initiatives of the Department of Housing and Urban Development to include fire fighters and rescue personnel, and for other purposes. Introduced in House IH Short Titles as Introduced Community Partners Neighborhood Preservation Act of 2011 Introduced in House 2011-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2986ih/xml/BILLS-112hr2986ih.xml 2011-10-04 Referred to the Subcommittee on Insurance, Housing and Community Opportunity. 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.