I 111th CONGRESS 1st Session H. R. 3204 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.

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. .