[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5566 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 5566

    To amend section 8 of the United States Housing Act of 1937 to 
 authorize the Secretary of Housing and Urban Development to waive the 
requirement that a family receiving project-based rental assistance be 
 notified one year in advance of termination of the contract for such 
 assistance in cases in which such termination facilitates purchase of 
                        the home by the tenant.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 26, 2000

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

_______________________________________________________________________

                                 A BILL


 
    To amend section 8 of the United States Housing Act of 1937 to 
 authorize the Secretary of Housing and Urban Development to waive the 
requirement that a family receiving project-based rental assistance be 
 notified one year in advance of termination of the contract for such 
 assistance in cases in which such termination facilitates purchase of 
                        the home by the tenant.

    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 ``Tenants Housing Opportunity Act''.

SEC. 2. AUTHORITY TO WAIVE NOTIFICATION REQUIREMENT.

    Section 8(c)(8) of the United States Housing Act of 1937 (42 U.S.C. 
1437f(c)(8)) is amended by adding at the end the following new 
subparagraph:
    ``(E) The Secretary may waive the requirements under this paragraph 
regarding advance notification of termination of a contract for 
assistance payments and any other requirements established pursuant to 
this paragraph that the Secretary considers appropriate, if the 
Secretary determines that--
            ``(i) the termination of the contract will provide the 
        families assisted under the contract an opportunity to purchase 
        the dwelling units for which such assistance was used;
            ``(ii) waiver of such requirements will result in the 
        immediate purchase of such dwelling units by such families; and
            ``(iii) such purchase will result in lower overall housing 
        costs for the purchasing families.''.
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