3.0.0 2893 2023-01-11T13:25:25Z 2023-01-11T13:25:25Z Senate S S 2014-09-18 113 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2014-09-18T23:04:26Z Housing Finance Reform and Taxpayer Protection Act of 2014 113 1217 S 2014-12-09 Committee on Banking, Housing, and Urban Affairs. Hearings held. Related bill CRS 2014-09-18 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2014-09-18 Introduced in Senate IntroReferral 10000 9 Library of Congress M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS N H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2014-09-18 True Housing and Community Development Congressional oversight Government studies and investigations Housing and community development funding Housing finance and home ownership Housing supply and affordability Housing and Community Development 00 2014-09-18 Introduced in Senate 2014-10-29T16:34:19Z Workforce Residential Housing Act of 2014 - Amends the National Housing Act to except from the prohibition against the use of houses built with federally insured mortgages for transient or hotel housing certain mulifamily housing that is a short-term residential property, provided that the Secretary of Housing and Urban Development (HUD) has determined that the provision of such insurance is appropriate.

Defines "short-term residential property" as multifamily housing that:

  • has more than 50 dwelling units, each of which contains a kitchen and bathroom facilities;
  • provides mailboxes for each unit;
  • rents the units for a minimum stay of seven days; and
  • does not provide food or beverage services, daily maid services, furnishing and laundering of linen without charge, or bellhop services.

Directs the Secretary to: (1) evaluate the risk of providing mortgage insurance for short-term residential properties, and (2) report to Congress on whether any additional risk to the General Insurance Fund resulting from the provision of mortgage insurance for such properties is appropriate.

]]> Workforce Residential Housing Act of 2014 Display Title Workforce Residential Housing Act of 2014 Official Title as Introduced A bill to authorize the use of multifamily housing subject to a mortgage insured under section 207 of the National Housing Act as short-term residential housing. Introduced in Senate IS Short Titles as Introduced Workforce Residential Housing Act of 2014 Introduced in Senate 2014-09-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2893is/xml/BILLS-113s2893is.xml 2014-09-18 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.