[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3204 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 3204

   To authorize States and localities receiving assistance under the 
  Neighborhood Stabilization Program of the Department of Housing and 
  Urban Development to use such amounts for renovating owner-occupied 
                    housing of low-income families.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 14, 2009

  Mr. Turner introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To authorize States and localities receiving assistance under the 
  Neighborhood Stabilization Program of the Department of Housing and 
  Urban Development to use such amounts for renovating owner-occupied 
                    housing of low-income families.

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

SECTION 1. ELIGIBLE USES.

    Paragraph (3) of section 2301(c) of the Housing and Economic 
Recovery Act of 2008 (42 U.S.C. 5301 note) is amended--
            (1) in subparagraph (D), by striking ``and'' at the end;
            (2) in subparagraph (E), by striking the period at the end 
        and inserting ``; and''; and
            (3) by inserting after subparagraph (E) the following new 
        subparagraph:
                    ``(F) renovate single-family housing that is owned 
                and occupied as a principal residence by a family whose 
                income does not exceed 80 percent of the median income 
                of the area in which the housing is located, as 
                determined by the Secretary with adjustments for 
                smaller and larger families.''.
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