3.0.0 2997 2023-01-11T13:30:32Z 2023-01-11T13:30:32Z House HR 2015-07-09 114 [Congressional Record Volume 161, Number 106 (Thursday, July 9, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ROSS:H.R. 2997.Congress has the power to enact this legislation pursuantto the following:Welfare Clause (Article 1, Section 8, Clause 1); CommerceClause (Article 1, Section 8, Clause 3)[Page H5030]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2015-07-15T19:55:25Z hsba00 Financial Services Committee House Standing Referred to 2015-07-09T14:00:50Z FAST Act 114 22 HR 2015-12-04 Became Public Law No: 114-94. Related bill CRS Housing Opportunity Through Modernization Act of 2016 114 3700 HR 2016-07-29 Became Public Law No: 114-201. Related bill CRS 2015-07-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-07-14 15:46:34 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2015-07-14 15:46:33 On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 395 - 28 (Roll no. 436). (text: CR H5135-5136) Floor H37300 2 House floor actions 436 https://clerk.house.gov/evs/2015/roll436.xml House 114 2015-07-14T19:46:33Z 1 2015-07-14 15:46:33 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 395 - 28 (Roll no. 436).(text: CR H5135-5136) Floor 8000 9 Library of Congress 436 https://clerk.house.gov/evs/2015/roll436.xml House 114 2015-07-14T19:46:33Z 1 2015-07-14 15:37:32 Considered as unfinished business. (consideration: CR H5150-5151) Floor H30000 2 House floor actions 2015-07-14 13:39:31 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2015-07-14 13:30:53 DEBATE - The House proceeded with forty minutes of debate on H.R. 2997. Floor H8D000 2 House floor actions 2015-07-14 13:30:51 Considered under suspension of the rules. (consideration: CR H5135-5137) Floor H30000 2 House floor actions 2015-07-14 13:30:41 Mr. Luetkemeyer moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2015-07-09 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-07-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-07-09 Introduced in House IntroReferral 1000 9 Library of Congress R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 N C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2015-07-09 True H001047 Rep. Himes, James A. [D-CT-4] James Himes D CT A. 4 2015-07-09 True D000620 Rep. Delaney, John K. [D-MD-6] John Delaney D MD K. 6 2015-07-09 True Housing and Community Development Congressional oversight Energy efficiency and conservation Environmental technology Housing and community development funding Housing for the elderly and disabled Low- and moderate-income housing Public housing Residential rehabilitation and home repair Water use and supply Housing and Community Development 00 2015-07-09 Introduced in House 2015-07-14T13:49:25Z Private Investment in Housing Act of 2015

Directs the Secretary of Housing and Urban Development (HUD) to establish a demonstration program under which, in FY2016 through FY2019, the Secretary may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs with appropriate entities to carry out projects for energy or water conservation improvements at up to 20,000 residential units in multifamily buildings participating in:

  • Section 8 project-based rental assistance programs under the United States Housing Act of 1937, other than Section 8 (voucher program) assistance;
  • supportive housing for the elderly programs under the Housing Act of 1959; or
  • supportive housing for persons with disabilities programs under the Cranston-Gonzalez National Affordable Housing Act.

Specifies requirements for payment under an agreement, which shall be contingent on documented utility savings, as well as for agreement terms, eligibility, geographical diversity, and funding for the program.

Limits this demonstration program to properties subject to affordability restrictions, which may be through an affordability agreement under a new housing assistance payments contract with HUD, or through an enforceable covenant with the property owner, for at least 15 years after completion of any conservation improvements made under the program.

Requires the Secretary to submit to specified congressional committees a detailed plan for the implementation of this Act.

]]> 81 2015-07-14 Passed House without amendment 2015-08-28T18:55:18Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Private Investment in Housing Act of 2015

(Sec. 2) Directs the Department of Housing and Urban Development (HUD) to establish a demonstration program under which, in FY2016 through FY2019, HUD may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs with appropriate entities to carry out projects for energy or water conservation improvements at up to 20,000 residential units in multifamily buildings participating in:

  • Section 8 project-based rental assistance programs under the United States Housing Act of 1937, other than Section 8 (voucher program) assistance;
  • supportive housing for the elderly programs under the Housing Act of 1959; or
  • supportive housing for persons with disabilities programs under the Cranston-Gonzalez National Affordable Housing Act.

Specifies requirements for payment under an agreement, which shall be contingent on documented utility savings, as well as for agreement terms, eligibility, geographical diversity, and funding for the program.

Limits this demonstration program to properties subject to affordability restrictions, which may be through an affordability agreement under a new housing assistance payments contract with HUD, or through an enforceable covenant with the property owner, for at least 15 years after completion of any conservation improvements made under the program.

Requires HUD to submit to specified congressional committees a detailed plan for the implementation of this Act.

Authorizes HUD, for each fiscal year during which an agreement is in effect, to use any HUD appropriated funds for the renewal of contracts under the program.

]]> Private Investment in Housing Act of 2015 Display Title Private Investment in Housing Act of 2015 Official Title as Introduced To authorize the Secretary of Housing and Urban Development to carry out a demonstration program to enter into budget-neutral, performance-based contracts for energy and water conservation improvements for multifamily residential units. Introduced in House IH Short Titles as Introduced Private Investment in Housing Act of 2015 Short Titles as Passed House Private Investment in Housing Act of 2015 H House Referred in Senate 2015-07-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2997rfs/xml/BILLS-114hr2997rfs.xml Engrossed in House 2015-07-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2997eh/xml/BILLS-114hr2997eh.xml Introduced in House 2015-07-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2997ih/xml/BILLS-114hr2997ih.xml 2015-07-15 Received in the Senate and 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.