[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2932 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 2932

To require the Secretary of Housing and Urban Development to carry out 
a demonstration program to determine the effectiveness of establishing 
fair market rentals, for purposes of the tenant-based rental assistance 
 program under section 8 of the United States Housing Act of 1937, by 
                       smaller geographic areas.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 8, 1997

  Mr. Borski introduced the following bill; which was referred to the 
              Committee on Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of Housing and Urban Development to carry out 
a demonstration program to determine the effectiveness of establishing 
fair market rentals, for purposes of the tenant-based rental assistance 
 program under section 8 of the United States Housing Act of 1937, by 
                       smaller geographic areas.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Accurate Fair Market Rental 
Demonstration Act''.

SEC. 2. DEMONSTRATION PROGRAM.

    (a) In General.--During fiscal years 1999, 2000, and 2001, the 
Secretary of Housing and Urban Development shall carry out a 
demonstration program to determine the effectiveness of using fair 
market rentals under the program for tenant-based assistance under 
section 8 of the United States Housing Act of 1937 that are established 
by geographic areas that are smaller than market areas used under 
section 8(c)(1) of such Act.
    (b) Establishment and Scope.--Under the demonstration program under 
this Act, the Secretary shall establish fair market rentals, by zip 
code for all areas within the metropolitan statistical area containing 
the city of Philadelphia, Pennsylvania, for existing rental dwelling 
units of various sizes and types. For each such zip code, the Secretary 
shall establish the fair market rental for each size and type of 
dwelling unit at the amount that is equal to the 45th percentile rent 
for standard quality rental housing units (not including public housing 
units and newly built units) of such size and type within the same zip 
code that were occupied by recent movers.
    (c) Publication and Adjustment.--During the term of the 
demonstration program, the Secretary shall publish and adjust the fair 
market rentals established under this section in the same manner and 
subject to the same requirements applicable under section 8(c)(1) to 
fair market rentals established by market area under such section.
    (d) Use of FMR's.--During the term of the demonstration program 
under this Act, notwithstanding subsection (c) or (o) of section 8 of 
the United States Housing Act of 1937, the fair market rentals 
established under subsection (b) of this section (as adjusted under 
subsection (c)) shall be used in determining the maximum monthly rental 
or the payment standard, as applicable, for dwelling units located 
within the area described in subsection (b) for which tenant-based 
rental assistance under such section 8 is provided.
    (e) Definition.--For purposes of this Act, the term ``tenant-based 
rental assistance'' means rental assistance under subsection (b) or (o) 
of section 8 of the United States Housing Act of 1937 that is not 
attached to the structure.

SEC. 3. REPORT.

    Not later than March 31, 2002, the Secretary of Housing and Urban 
Development shall submit a report to the Congress describing the 
demonstration program under this Act and setting forth the findings and 
conclusions of the Secretary as a result of carrying out the 
demonstration program, which shall include--
            (1) a listing of the fair market rentals established under 
        the demonstration program;
            (2) a listing of the fair market rentals that, but for the 
        demonstration program, would have been applicable in the area 
        in which the demonstration program was carried out;
            (3) an analysis of any savings accrued and costs incurred 
        as a result of the demonstration program;
            (4) a description of the procedure involved in determining 
        fair market rentals by zip code; and
            (5) any recommendations of the Secretary for legislative or 
        administrative changes to provide for more accurate fair market 
        rentals for use under the program for tenant-based rental 
        assistance under section 8 of the United States Housing Act of 
        1937.
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