[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1982 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 1982

    To authorize appropriations for the rural housing and economic 
development program of the Department of Housing and Urban Development.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 20, 2007

 Mr. Hinojosa (for himself, Mr. Frank of Massachusetts, and Mr. Renzi) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
    To authorize appropriations for the rural housing and economic 
development program of the Department of Housing and Urban Development.

    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 ``Rural Housing and Economic 
Development Improvement Act of 2007''.

SEC. 2. RURAL HOUSING AND ECONOMIC DEVELOPMENT ASSISTANCE.

    (a) Use.--The Secretary of Housing and Urban Development may carry 
out a program, through the Office of Rural Housing and Economic 
Development, to provide assistance to Indian tribes, State housing 
finance agencies, State community or economic development agencies, 
local nonprofit organizations and community development corporations in 
rural areas to support innovative housing and economic development 
activities in rural areas.
    (b) Authorization of Appropriations.--There is authorized to be 
appropriated to the Secretary of Housing and Urban Development for 
assistance under this section--
            (1) $30,000,000 for fiscal year 2008; and
            (2) $40,000,000 for each of fiscal years 2009, 2010, 2011, 
        2012, and 2013.
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