[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6347 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6347

   To facilitate the use of HOPE VI grant amounts by certain public 
housing agencies that have suffered project delays due to catastrophes 
                            or emergencies.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 23, 2008

Ms. Corrine Brown of Florida (for herself, Mr. Mica, and Mr. Gonzalez) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
   To facilitate the use of HOPE VI grant amounts by certain public 
housing agencies that have suffered project delays due to catastrophes 
                            or emergencies.

    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 ``HOPE VI Amendment Act of 2008''.

SEC. 2. CONTINUED AVAILABILITY OF HOPE VI GRANT AMOUNTS.

    (a) In General.--Grant amounts described in subsection (b) of a 
public housing agency described in subsection (c) shall remain 
available until September 30, 2009, for expenditure for the liquidation 
of obligations validly incurred, notwithstanding section 1552 of title 
31, United States Code, or any other provision of law.
    (b) Covered Grant Amounts.--Grant amounts described in this 
subsection are amounts from a grant made under section 24 of the United 
States Housing Act of 1937 (42 U.S.C. 1437v) from amounts appropriated 
for such purpose for fiscal year 2002.
    (c) Covered Public Housing Agencies.--A public housing agency 
described in this subsection is a public housing agency that, after 
October 1, 2002, and before the date of the enactment of this Act, has 
suffered project delays, and cost increases due to shortages in labor 
and materials, as a direct result of--
            (1) a natural catastrophe (including any hurricane, 
        tornado, storm, high water, winddriven water, tidal wave, 
        tsunami, earthquake, volcanic eruption, landslide, mudslide, 
        snowstorm, or drought), or, regardless of cause, any fire, 
        flood, or explosion, in any part of the United States; or
            (2) as determined by the Secretary of Housing and Urban 
        Development, the subprime mortgage crisis affecting the United 
        States economy and credit markets during 2007 and 2008.
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