[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1450 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                S. 1450

    To authorize appropriations for the Housing Assistance Council.


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                   IN THE SENATE OF THE UNITED STATES

                              May 22, 2007

  Mr. Kohl (for himself and Ms. Snowe) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
    To authorize appropriations for the Housing Assistance Council.

    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 ``Housing Assistance Council 
Authorization Act of 2007''.

SEC. 2. ASSISTANCE TO HOUSING ASSISTANCE COUNCIL.

    (a) Use.--The Secretary of Housing and Urban Development may 
provide financial assistance to the Housing Assistance Council for use 
by such Council to develop the ability and capacity of community-based 
housing development organizations to undertake community development 
and affordable housing projects and programs in rural areas. Assistance 
provided by the Secretary under this section may be used by the Housing 
Assistance Council for--
            (1) technical assistance, training, support, and advice to 
        develop the business and administrative capabilities of rural 
        community-based housing development organizations;
            (2) loans, grants, or other financial assistance to rural 
        community-based housing development organizations to carry out 
        community development and affordable housing activities for 
        low- and moderate-income families; and
            (3) such other activities as may be determined by the 
        Housing Assistance Council.
    (b) Authorization of Appropriations.--There is authorized to be 
appropriated for financial assistance under this section for the 
Housing Assistance Council--
            (1) $10,000,000 for fiscal year 2008; and
            (2) $15,000,000 for each of fiscal years 2009, 2010, 2011, 
        2012, 2013, and 2014.
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