1.Short title and table of
contents
(a)This Act may be cited
as the Section 202 Supportive Housing
for the Elderly Act of 2009
.
(b)The table of contents for this Act is as follows:
Sec. 1. Short title and table of
contents.
TITLE I—New construction
reforms
Sec. 101. Project rental
assistance.
Sec. 102. Selection
criteria.
Sec. 103. Development cost
limitations.
Sec. 104. Owner deposits.
Sec. 105. Definition of private
nonprofit organization.
Sec. 106. Preferences for homeless
elderly.
Sec. 107.
Nonmetropolitan allocation.
TITLE II—Refinancing
Sec. 201. Approval of
prepayment of debt.
Sec. 202. Sources of
refinancing.
Sec. 203. Use of
unexpended amounts.
Sec. 204. Use of project residual
receipts.
Sec. 205. Additional
provisions.
TITLE III—Assisted living
facilities
Sec. 301. Definition of assisted living
facility.
Sec. 302. Monthly assistance payment
under rental assistance.
TITLE IV—Facilitating affordable housing
preservation transactions
Sec. 401. Use of sale or refinancing
proceeds.
TITLE V—National senior
housing clearinghouse
Sec. 501. National senior housing
clearinghouse.
<enum>I</enum><header>New construction
reforms</header>
<section id="HFDE58AC4CC6D4740948EFB90CA72BBD9"><enum>101.</enum><header>Project rental
assistance</header><text display-inline="no-display-inline">Paragraph (2) of
section 202(c) of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(c)(2)</external-xref>) is
amended—</text>
<paragraph id="HD24620C40B1A47989F861281F69DBB2B"><enum>(1)</enum><text>by inserting after
<quote><header-in-text level="paragraph" style="OLC">assistance</header-in-text>.—</quote> the following: <quote>(A)
<header-in-text level="subparagraph" style="OLC">Initial project rental
assistance contract</header-in-text>.—</quote>;</text>
</paragraph><paragraph id="H7D93DCE29A2347A3A8FD71078889831F"><enum>(2)</enum><text>in the last
sentence, by striking <quote>may</quote> and inserting <quote>shall</quote>;
and</text>
</paragraph><paragraph id="H393893F545FF41A68797358FA8693BE1"><enum>(3)</enum><text>by adding at the
end the following new subparagraph:</text>
<quoted-block changed="deleted" committee-id="SSBK00" id="H5196FD6BD2784D50B1C59E2F6F60822E" reported-display-style="strikethrough" style="OLC">
<subparagraph id="H341BF82D28AF46BD907DA4D2811B54C" indent="up1"><enum>(B)</enum><header>Renewal of and
increases in contract amounts</header>
<clause id="HBEFCD2810E0E485A81845EA5BCF84E78"><enum>(i)</enum><header>Expiration of
contract term</header><text>Upon the expiration of each contract term, the
Secretary shall adjust the annual contract amount to provide for reasonable
project costs, and any increases, including adequate reserves, supportive
services, and service coordinators, except that any contract amounts not used
by a project during a contract term shall not be available for such adjustments
upon renewal.</text>
</clause><clause id="H78F199CE37C14E8F8EB02F84ACE18D64"><enum>(ii)</enum><header>Emergency
situations</header><text display-inline="yes-display-inline">In the event of
emergency situations that are outside the control of the owner, the Secretary
shall increase the annual contract amount, subject to reasonable review and
limitations as the Secretary shall
provide.</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HA45F799B262C433582189407298F1286"><enum>102.</enum><header>Selection
criteria</header><text display-inline="no-display-inline">Section 202(f)(1) of
the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(f)</external-xref>) is
amended—</text>
<paragraph id="idFD079CD89C9040E0851C6F916514F0B3"><enum>(1)</enum><text display-inline="yes-display-inline">by redesignating subparagraphs (F) and (G)
as subparagraphs (G) and (H), respectively; and</text>
</paragraph><paragraph id="H459C0FCD0D60473082E30176A8A3999C"><enum>(2)</enum><text>by inserting after
subparagraph (E) (as so redesignated by paragraph (2) of this subsection) the
following new subparagraph:</text>
<quoted-block changed="deleted" committee-id="SSBK00" display-inline="no-display-inline" id="HA6EFC8BCFD7340CB9E87E308FB759601" reported-display-style="strikethrough" style="OLC">
<subparagraph id="HB0CEE478AF544764B9B1D3FC0B5BEE7" indent="up1"><enum>(F)</enum><text>the extent to
which the applicant has ensured that a service coordinator will be employed or
otherwise retained for the housing, who has the managerial capacity and
responsibility for carrying out the actions described in subparagraphs (A) and
(B) of subsection
(g)(2);</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H207CF75C7889408C83DD99DE1B11E262"><enum>103.</enum><header>Development
cost limitations</header><text display-inline="no-display-inline">Section
202(h)(1) of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(h)(1)</external-xref>) is amended,
in the matter preceding subparagraph (A), by inserting
<quote>reasonable</quote> before <quote>development cost
limitations</quote>.</text>
</section><section id="HB470D125B45646F6A6A0733458488E56"><enum>104.</enum><header>Owner
deposits</header><text display-inline="no-display-inline">Section 202(j)(3)(A)
of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(j)(3)(A)</external-xref>) is
amended by inserting after the period at the end the following: <quote>Such
amount shall be used only to cover operating deficits during the first 3 years
of operations and shall not be used to cover construction shortfalls or
inadequate initial project rental assistance amounts.</quote>.</text>
</section><section id="H534B94FE96054561B834009211901762"><enum>105.</enum><header>Definition of
private nonprofit organization</header><text display-inline="no-display-inline">Subparagraph (B) of section 202(k)(4) of the
Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(k)(4)(B)</external-xref>) is
amended by inserting before the semicolon the following: <quote>, except that,
in the case of any national organization that is the owner of multiple housing
projects assisted under this section, the organization may comply with clause
(i) of this subparagraph by having a local advisory board to the governing
board of the organization the membership which is selected in the manner
required under clause (i)</quote>.</text>
</section><section id="H6E9198AE3F7A46CD93A2F900269B77AC"><enum>106.</enum><header>Preferences for
homeless elderly</header><text display-inline="no-display-inline">Subsection
(j) of section 202 of the Housing Act of 1959 (12 U.S.C. 1701q(j)) is amended
by adding at the end the following new paragraph:</text>
<quoted-block changed="deleted" committee-id="SSBK00" display-inline="no-display-inline" id="H107F3F3F547D4609AF07E54B00596000" reported-display-style="strikethrough" style="OLC">
<paragraph id="H2E72E498A6F74AEE001F45B261FA1629"><enum>(9)</enum><header>Preferences for
homeless elderly</header><text display-inline="yes-display-inline">The
Secretary shall permit an owner of housing assisted under this section to
establish for, and apply to, such housing a preference in tenant selection for
the homeless elderly, either within the application or after selection pursuant
to subsection (f), but only if—</text>
<subparagraph id="H55446B60DF9F477EA547706342E47EB3"><enum>(A)</enum><text>such preference is
consistent with paragraph (2); and</text>
</subparagraph><subparagraph id="H18829F867ECA4E12987DB1FF4E604EF0"><enum>(B)</enum><text>the owner
demonstrates that the supportive services identified pursuant to subsection
(e)(4), or additional supportive services to be made available upon
implementation of the preference, will meet the needs of the homeless elderly,
maintain safety and security for all tenants, and be provided on a consistent,
long-term, and economical
basis.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="id09A0DA79452A43C1BEBDA69E1F597910"><enum>107.</enum><header>Nonmetropolitan
allocation</header><text display-inline="no-display-inline">Paragraph (3) of
section 202(l) of the Housing Act of 1959 (12 U.S.C. 1701q(l)(3)) is amended by
inserting after the period at the end the following: <quote>In complying with
this paragraph, the Secretary shall either operate a national competition for
the nonmetropolitan funds or make allocations to regional offices of the
Department of Housing and Urban Development.</quote>.</text>
</section><enum>II</enum><header>Refinancing</header>
<section id="H948039B6208A4FE0BE83811E00B736D"><enum>201.</enum><header>Approval of
prepayment of debt</header><text display-inline="no-display-inline">Subsection
(a) of section 811 of the American Homeownership and Economic Opportunity Act
of 2000 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q</external-xref> note) is amended—</text>
<paragraph id="H0664C513A0E144D4823D5CB500391274"><enum>(1)</enum><text>in the matter
preceding paragraph (1), by inserting <quote>, for which the Secretary’s
consent to prepayment is required,</quote> after <quote>Affordable Housing
Act)</quote>;</text>
</paragraph><paragraph id="HC2D482EAC01844E588D52768C6D5286E"><enum>(2)</enum><text>in paragraph
(1)—</text>
<subparagraph id="HF0203AA3300B45A498B800A577635D93"><enum>(A)</enum><text>by inserting
<quote>at least 20 years following</quote> before <quote>the maturity
date</quote>;</text>
</subparagraph><subparagraph id="id359690B2372849EA954400988F8DCB3F"><enum>(B)</enum><text>by inserting
<quote>project-based</quote> before <quote>rental assistance payments
contract</quote>;</text>
</subparagraph><subparagraph id="H4271B3D479894725905131B1719000F3"><enum>(C)</enum><text>by inserting
<quote>project-based</quote> before <quote>rental housing assistance
programs</quote>; and</text>
</subparagraph><subparagraph id="H52846CACB8CA481AB72EA4BCBDA6887F"><enum>(D)</enum><text>by inserting
<quote>, or any successor project-based rental assistance program,</quote>
after <quote>1701s))</quote>;</text>
</subparagraph></paragraph><paragraph id="H30F14C475F3B49C38B73666FC7005255"><enum>(3)</enum><text>by amending
paragraph (2) to read as follows:</text>
<quoted-block changed="deleted" committee-id="SSBK00" display-inline="no-display-inline" id="idDAC370E532664D1AB26BB99B9BF81421" reported-display-style="strikethrough" style="OLC">
<paragraph id="id3DAE27555E25409EAA9E6DDD5A4452B0"><enum>(2)</enum><text>the prepayment may
involve refinancing of the loan if such refinancing results in—</text>
<subparagraph id="idBA803F081A4E4435947D6E5EBF3843E1"><enum>(A)</enum><text>a lower interest
rate on the principal of the loan for the project and in reductions in debt
service related to such loan; or</text>
</subparagraph><subparagraph id="HC4973F5B5A664FB8BC91302E861834A"><enum>(B)</enum><text>a transaction in
which the project owner will address the physical needs of the project, but
only if, as a result of the refinancing—</text>
<clause id="id5235BB00F3B341A9BFE71A4C83E88D21"><enum>(i)</enum><text>the rent charges
for unassisted families residing in the project do not increase or such
families are provided rental assistance under a senior preservation rental
assistance contract for the project pursuant to subsection (e); and</text>
</clause><clause id="id878E157AFBA94153A54AE852475E0532"><enum>(ii)</enum><text>the overall cost
for providing rental assistance under section 8 for the project (if any) is not
increased, except, upon approval by the Secretary to—</text>
<subclause id="id3E4ADD733A3045BF9D7133A7318E1A1B"><enum>(I)</enum><text>mark-up-to-market
contracts pursuant to section 524(a)(3) of the Multifamily Assisted Housing
Reform and Affordability Act (42 U.S.C. 1437f note), as such section is carried
out by the Secretary for properties owned by nonprofit organizations; or</text>
</subclause><subclause id="id32C5F7A7EB49421C903FC84EEB75794E"><enum>(II)</enum><text>mark-up-to-budget
contracts pursuant to section 524(a)(4) of the Multifamily Assisted Housing
Reform and Affordability Act (42 U.S.C. 1437f note), as such section is carried
out by the Secretary for properties owned by eligible owners (as such term is
defined in section 202(k) of the Housing Act of 1959 (12 U.S.C. 1701q(k));
and</text>
</subclause></clause></subparagraph></paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="id0755DBA2ED7F4B35BBE520924CC54968"><enum>(4)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="deleted" committee-id="SSBK00" display-inline="no-display-inline" id="idD7B3FE20296945D5B2DC8948F4C7A71D" reported-display-style="strikethrough" style="OLC">
<paragraph id="idCF78BB0FE44E42D9AD1833B9C9E734E5"><enum>(3)</enum><text>notwithstanding
paragraph (2)(A), the prepayment and refinancing authorized pursuant to
paragraph (2)(B) involves an increase in debt service only in the case of a
refinancing of a project assisted with a loan under such section 202 carrying
an interest rate of 6 percent or
lower.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H97797711FF7A4D45A4FD9F634D2746FF"><enum>202.</enum><header>Sources of
refinancing</header><text display-inline="no-display-inline">The last sentence
of section 811(b) of the American Homeownership and Economic Opportunity Act of
2000 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q</external-xref> note) is amended—</text>
<paragraph id="H462471556A9B42D8B0FCE80059E2DEE8"><enum>(1)</enum><text>by inserting after
<quote>National Housing Act,</quote> the following: <quote>or approving the
standards used by authorized lenders to underwrite a loan refinanced with risk
sharing as provided by section 542 of the Housing and Community Development Act
of 1992 (12 U.S.C. 1701 note), </quote>; and</text>
</paragraph><paragraph id="HC248D197C4A7490193CC8D042665A900"><enum>(2)</enum><text>by striking
<quote>may</quote> and inserting <quote>shall</quote>.</text>
</paragraph></section><section id="H05AF77B0B88B401EA9FA27D6F54A9DB"><enum>203.</enum><header>Use of
unexpended amounts</header><text display-inline="no-display-inline">Subsection
(c) of section 811 of the American Homeownership and Economic Opportunity Act
of 2000 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q</external-xref> note) is amended—</text>
<paragraph id="id22B5E26C23B0454C8F8D1F7A8428BB6C"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subsection" style="OLC">Use of unexpended
amounts</header-in-text>.—</quote> and inserting <quote><header-in-text level="subsection" style="OLC">Use of
proceeds</header-in-text>.—</quote>;</text>
</paragraph><paragraph id="H3BD810A57FEC442898035639D50778E4"><enum>(2)</enum><text>by amending the
matter preceding paragraph (1) to read as follows: <quote>Upon execution of the
refinancing for a project pursuant to this section, the Secretary shall ensure
that proceeds are used in a manner advantageous to tenants, or are used in the
provision of affordable rental housing and related social services for elderly
persons by the private nonprofit organization project owner, private nonprofit
organization project sponsor, or private nonprofit organization project
developer, including—</quote>;</text>
</paragraph><paragraph id="HDF7D9CAEB7124D04A800F7B4F3286373"><enum>(3)</enum><text>in paragraph (1),
by striking <quote>not more than 15 percent of</quote>;</text>
</paragraph><paragraph id="H74291288A01444F195B359BE526B00F9"><enum>(4)</enum><text>in paragraph (2),
by inserting before the semicolon the following; <quote>, including reducing
the number of units by reconfiguring units that are functionally obsolete,
unmarketable, or not economically viable</quote>;</text>
</paragraph><paragraph id="HB123EFC9E9D546FEA599D3B5929B000"><enum>(5)</enum><text>in paragraph (3),
by striking <quote>or</quote> at the end;</text>
</paragraph><paragraph id="HC0F3B7A6FB884F0799D41835CB9C09B8"><enum>(6)</enum><text>in paragraph (4),
by striking <quote>according to a pro rata allocation of shared savings
resulting from the refinancing.</quote> and inserting a semicolon; and</text>
</paragraph><paragraph id="H2816BE53A8F14121903CE7B7D19B13AF"><enum>(7)</enum><text>by adding at the
end the following new paragraphs:</text>
<quoted-block changed="deleted" committee-id="SSBK00" id="HBDEF3C01044C49769761DC3CCAA41C7E" reported-display-style="strikethrough" style="OLC">
<paragraph id="HD7D7E11934B8414F83DC279A116FEE1"><enum>(5)</enum><text>rehabilitation of
the project to ensure long-term viability;</text>
</paragraph><paragraph id="idE5648864857C4EBFAB45F8A51F9BBB1C"><enum>(6)</enum><text>the payment to the
project owner, sponsor, or third party developer of a developer’s fee in an
amount not to exceed—</text>
<subparagraph id="HE182873162484FFE8500F3AEFDC03F27"><enum>(A)</enum><text>in the case of a
project refinanced through a State low income housing tax credit program, the
fee permitted by the low income housing tax credit program as calculated by the
State program as a percentage of acceptable development cost as defined by that
State program; or</text>
</subparagraph><subparagraph id="H56F988F291CE41A9BF64F655006E6DB0"><enum>(B)</enum><text>in the case of a
project refinanced through any other source of refinancing, 15 percent of the
acceptable development cost; and</text>
</subparagraph></paragraph><paragraph id="HD1BAE36901B64E06A80075F0B7468E10"><enum>(7)</enum><text display-inline="yes-display-inline">the payment of equity, if any, to—</text>
<subparagraph id="H02AB2EC09D714985B31F964D4C62BE54"><enum>(A)</enum><text>in the case of a
sale, to the seller or the sponsor of the seller, in an amount equal to the
lesser of the purchase price or the appraised value of the project, as each is
reduced by the cost of prepaying any outstanding indebtedness on the project
and transaction costs of the sale; or</text>
</subparagraph><subparagraph id="H1FF6BAA1C66C4036AA69CFBEF51CE03"><enum>(B)</enum><text>in the case of a
refinancing without the transfer of the project, to the project owner or the
project sponsor, in an amount equal to the difference between the appraised
value of the project less the outstanding indebtedness and total acceptable
development cost.</text>
</subparagraph></paragraph><quoted-block-continuation-text quoted-block-continuation-text-level="subsection">For
purposes of paragraphs (6)(B) and (7)(B), the term “acceptable development
cost” shall include, as applicable, the cost of acquisition, rehabilitation,
loan prepayment, initial reserve deposits, and transaction
costs.</quoted-block-continuation-text><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H0C45215FCDA346ED9EB3DDFBEC02E4EE"><enum>204.</enum><header>Use of project
residual receipts</header><text display-inline="no-display-inline">Paragraph
(1) of section 811(d) of the American Homeownership and Economic Opportunity
Act of 2000 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12
U.S.C. 1701q</external-xref> note) is amended—</text>
<paragraph id="H05C6B61F7F764C8096F9D811EC4730BE"><enum>(1)</enum><text>by striking
<quote>not more than 15 percent of</quote>; and</text>
</paragraph><paragraph id="H58D1137A24E640F8BE7326A21D475EC9"><enum>(2)</enum><text>by inserting
before the period at the end the following: <quote>or other purposes approved
by the Secretary</quote>.</text>
</paragraph></section><section id="HF389B35FDC8243F6A154AA61848EE2E"><enum>205.</enum><header>Additional
provisions</header><text display-inline="no-display-inline">Section 811 of the
American Homeownership and Economic Opportunity Act of 2000 (12 U.S.C. 1701q
note) is amended by adding at the end the following new subsections:</text>
<quoted-block changed="deleted" committee-id="SSBK00" id="HB28553EF637F45DE99F353802EA72AC" reported-display-style="strikethrough" style="OLC">
<subsection id="HFC3E18F6FDC844C7918BA9AEFBCF1E4"><enum>(e)</enum><header>Senior
preservation rental assistance contracts</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law,
in connection with a prepayment plan for a project approved under subsection
(a) by the Secretary or as otherwise approved by the Secretary to prevent
displacement of elderly residents of the project in the case of refinancing or
recapitalization and to further preservation and affordability of such project,
the Secretary shall provide project-based rental assistance for the project
under a senior preservation rental assistance contract, as follows:</text>
<paragraph id="HF1FF690B2C644107BE5D30F2FDA240CA"><enum>(1)</enum><text>Assistance under
the contract shall be made available to the private nonprofit organization
owner—</text>
<subparagraph id="H47580DF6BB674B58B2AB4486F9451F72"><enum>(A)</enum><text display-inline="yes-display-inline">for a term of at least 20 years, subject to
annual appropriations; and</text>
</subparagraph><subparagraph id="H3AFADAC98844492F8377E88219189B4"><enum>(B)</enum><text>under the same
rules governing project-based rental assistance made available under section 8
of the Housing Act of 1937.</text>
</subparagraph></paragraph><paragraph id="H3548811BC1C047628D867F6B22B02757"><enum>(2)</enum><text>Any projects for
which a senior preservation rental assistance contract is provided shall be
subject to a use agreement to ensure continued project affordability having a
term of the longer of (A) the term of the senior preservation rental assistance
contract, or (B) such term as is required by the new financing.</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="H69E485F822664608B5C1833061D29CDE"><enum>(f)</enum><header>Mortgage sale
demonstration</header>
<paragraph display-inline="no-display-inline" id="idFD03DB80C6E7440E884362A76B4248C5"><enum>(1)</enum><header>In
general</header><text>The Secretary may sell mortgages associated with loans
made under section 202 of the Housing Act of 1959 (as in effect before the
enactment of the Cranston-Gonzalez National Affordable Housing Act) in
accordance with the relevant terms for sales of subsidized loans on multifamily
housing projects under section 203 of the Housing and Community Development
Amendments of 1978 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701z-11">12 U.S.C. 1701z–11</external-xref>). For the
purpose of demonstrating the efficiency, effectiveness, quality, and timeliness
of asset management and regulatory oversight of certain portfolios of such
mortgages by State housing finance agencies, the Secretary shall carry out a
demonstration program, in not more than 5 States, to sell portfolios of such
mortgages to State housing finance agencies for a price not to exceed the
unpaid principal balances of such mortgages and otherwise in accordance with
the requirements of such section 203.</text>
</paragraph><paragraph id="HA2A1D5A9A95F4BA900EE719FF8975D50"><enum>(2)</enum><header>Limitations</header><text display-inline="yes-display-inline">In carrying out the demonstration program
required under paragraph (1), the Secretary shall—</text>
<subparagraph id="HA81470153F994DE5B4F6FF65D03DCD30"><enum>(A)</enum><text>prohibit State
housing finance agencies from giving preference to, or conditioning the
approval of, awards of subordinate debt funds, allocations of tax credits, or
tax exempt bonds based on the use of financing for the first mortgage that is
provided by such State housing finance agency;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HF85BD7128008498780946B775CD719A1"><enum>(B)</enum><text display-inline="yes-display-inline">require such agencies to allow, in
accordance with this section, for the refinancing or prepayment of loans made
under section 202 of the Housing Act of 1959 with a loan selected by the
owners, except that any use restrictions on the property for which the loan was
made shall remain in effect for the duration provided under the original terms
of such loan; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idC04877914D6A46348ABCB311E6077BF8"><enum>(C)</enum><text>only carry out the
demonstration program in a State that has experience with operating and
maintaining a housing preservation revolving loan fund.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="id27CDAD1629874DAA9B6E77C8F405C213"><enum>(3)</enum><header>Study</header><text>The
Secretary shall conduct a study to evaluate the performance and results of the
demonstration program carried out under paragraph (1). In conducting such
study, the Secretary shall place particular emphasis on whether the asset
management functions and activities related to loans and properties held in the
portfolios sold to State housing finance agencies under such demonstration
program have been accomplished in a timely, effective, and efficient manner,
including an analysis of approvals of refinancings and preservation
transactions, rent increase requests, withdrawals from reserves or residual
receipts (where there is no contract administrator), and provider and resident
satisfaction.</text>
</paragraph><paragraph display-inline="no-display-inline" id="idFFECA4664D37472596379F54C36EFA03"><enum>(4)</enum><header>Report</header><text>Not
later than 3 years after the date of enactment of this subsection, the
Secretary shall submit a report to the Committee on Banking, Housing, and Urban
Affairs of the Senate and the Committee on Financial Services of the House of
Representatives on—</text>
<subparagraph display-inline="no-display-inline" id="id1D3F4F683F4E4C4C8EF5A46A8394AD7D"><enum>(A)</enum><text>the findings of
the study required under paragraph (3); and</text>
</subparagraph><subparagraph display-inline="no-display-inline" id="id3C61B8DE6B4F432FBD558C4F22F3BEEE"><enum>(B)</enum><text>any
recommendations the Secretary may have for expanding the demonstration project
required under paragraph (1).</text>
</subparagraph></paragraph></subsection><subsection id="H1708CAE13CAD4D558E167F10BA13A08F"><enum>(g)</enum><header>Subordination or
assumption of existing debt</header><text display-inline="yes-display-inline">In lieu of prepayment under this section of
the indebtedness with respect to a project, the Secretary may approve—</text>
<paragraph id="HBA26879A8EE14800A6735E2EBEA943C2"><enum>(1)</enum><text>in connection with
new financing for the project, the subordination of the loan for the project
under section 202 of the Housing Act of 1959 (as in effect before the enactment
of the Cranston-Gonzalez National Affordable Housing Act) and the continued
subordination of any other existing subordinate debt previously approved by the
Secretary to facilitate preservation of the project as affordable housing;
or</text>
</paragraph><paragraph id="H69D64DA5707541CDA42CA79EA561D0A8"><enum>(2)</enum><text>the assumption
(which may include the subordination described in paragraph (1)) of the loan
for the project under such section 202 in connection with the transfer of the
project with such a loan to a private nonprofit organization.</text>
</paragraph></subsection><subsection id="H191268288B1C43B4A55429948ED2B6E7"><enum>(h)</enum><header>Flexible subsidy
debt</header><text>The Secretary shall waive the requirement that debt for a
project pursuant to the flexible subsidy program under section 201 of the
Housing and Community Development Amendments of 1978 (<external-xref legal-doc="usc" parsable-cite="usc/12/1715z-1a">12 U.S.C.
1715z–1a</external-xref>) be prepaid in connection with a prepayment,
refinancing, or transfer under this section of a project if such waiver is
necessary for the financial feasibility of the transaction and is consistent
with the long-term preservation of the project as affordable housing.</text>
</subsection><subsection id="ID4c79dea5f6564c86b69581085938bbe1"><enum>(i)</enum><header>Tenant
involvement in prepayment and refinancing</header><text>The Secretary shall not
accept an offer to prepay the loan for any project under section 202 of the
Housing Act of 1959 unless the Secretary has—</text>
<paragraph id="idF48DD20A8DBD4176B434D8BBF1734F97"><enum>(1)</enum><text>determined that
the owner of the project has notified the tenants of the owner’s request for
approval of a prepayment;</text>
</paragraph><paragraph id="id6A65D95134BE40698992B040ECD6160C"><enum>(2)</enum><text>determined that
the owner of the project has provided the tenants with an opportunity to
comment on the owner’s request for approval of a prepayment, including a
description of any anticipated rehabilitation or other use of the proceeds from
the transaction, and its impacts on project rents, tenant contributions, or the
affordability restrictions for the project; and</text>
</paragraph><paragraph id="id17DDBBE964AE4E04939966CA4B1CC21B"><enum>(3)</enum><text>taken such
comments into consideration.</text>
</paragraph></subsection><subsection id="HA8F4D724129C4EC28F00262E8ED76022"><enum>(j)</enum><header>Definition of
private nonprofit organization</header><text>For purposes of this section, the
term <quote>private nonprofit organization</quote> has the meaning given such
term in section 202(k) of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q(k)</external-xref>).</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>III</enum><header>Assisted living
facilities</header>
<section id="H635FBBF0FB8F46E185E88F3D28026939"><enum>301.</enum><header>Definition of
assisted living facility</header><text display-inline="no-display-inline">Section 202b(g) of the Housing Act of 1959
(<external-xref legal-doc="usc" parsable-cite="usc/12/1701q-2">12 U.S.C.
1701q–2(g)</external-xref>) is amended by striking paragraph (1) and inserting
the following new paragraph:</text>
<quoted-block changed="deleted" committee-id="SSBK00" display-inline="no-display-inline" id="H000C0218E1544E1E00C5AE37DFC55A3" reported-display-style="strikethrough" style="OLC">
<paragraph id="H1F5D4A1E62D54763AD5025AD2B7BC557"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>assisted living
facility</term> means a facility that—</text>
<subparagraph id="H54A2BA10B7DB4A06AABFA8F51EA9A99E"><enum>(A)</enum><text>is owned by a
private nonprofit organization; and</text>
</subparagraph><subparagraph id="HB847381A079E4BF38812F6E1BF5C9FC"><enum>(B)</enum><clause commented="no" display-inline="yes-display-inline" id="HC2C035DD1AE74F94BA636CE212385400"><enum>(i)</enum><text>is licensed and
regulated by a State (or if there is no State law providing for such licensing
and regulation by the State, by the municipality or other political subdivision
in which the facility is located); or</text>
</clause><clause changed="deleted" committee-id="SSBK00" id="HC18AE1AD13D74D048269D0A5FC394CD0" indent="up1" reported-display-style="strikethrough"><enum>(ii)</enum><subclause commented="no" display-inline="yes-display-inline" id="H687B5BCFC7894C308CA0D1AC5F9E82F3"><enum>(I)</enum><text>makes available,
directly or through recognized and experienced third party service providers,
to residents at the resident’s request or choice supportive services to assist
the residents in carrying out the activities of daily living, as described in
section 232(b)(6)(B) of the National Housing Act (12 U.S.C. 1715w(b)(6)(B));
and</text>
</subclause><subclause changed="deleted" committee-id="SSBK00" id="HFF7D09D9F5D9411E90394327405DD5B5" indent="up1" reported-display-style="strikethrough"><enum>(II)</enum><text>provides separate
dwelling units for residents, each of which may contain a full kitchen and
bathroom and which includes common rooms and other facilities appropriate for
the provision of supportive services to the residents of the facility;
and</text>
</subclause></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HA90B021AA94F4AA786E351D124E1E8FE"><enum>302.</enum><header>Monthly
assistance payment under rental assistance</header><text display-inline="no-display-inline">Clause (iii) of section 8(o)(18)(B) of the
United States Housing Act of 1937 (<external-xref legal-doc="usc" parsable-cite="usc/42/1437f">42 U.S.C.
1437f(o)(18)(B)(iii)</external-xref>) is amended by inserting before the period
at the end the following: <quote>, except that a family may be required at the
time the family initially receives such assistance to pay rent in an amount
exceeding 40 percent of the monthly adjusted income of the family by such an
amount or percentage that is reasonable given the services and amenities
provided and as the Secretary deems appropriate.</quote>.</text>
</section><enum>IV</enum><header>Facilitating
affordable housing preservation transactions</header>
<section id="HCF35715F05C6496B9DD1E6594558407B"><enum>401.</enum><header>Use of sale or
refinancing proceeds</header><text display-inline="no-display-inline">Notwithstanding any other provision of law,
in connection with the sale or refinancing of a multifamily housing project, or
the transfer of an assistance contract on such a property, that requires the
approval of the Secretary of Housing and Urban Development, the Secretary shall
not impose any condition that restricts the amount or use of sale or
refinancing proceeds, or requires the filing of a financial report, unless such
condition is expressly authorized by an existing contract entered into between
the Secretary (or the Secretary’s designee) and the project owner before the
imposition of a condition prohibited by this section or is a general condition
for new financing with a mortgage insured by the Secretary. Any such condition
previously imposed by the Secretary after January 1, 2005, shall, at the option
of the project owner, be considered void and not enforceable, and any agreement
containing such a condition shall be rescinded and may be reissued without the
void condition.</text>
</section><enum>V</enum><header>National senior
housing clearinghouse</header>
<section id="id262581E1A2B74646B13F39344DD35611"><enum>501.</enum><header>National senior
housing clearinghouse</header>
<subsection id="id826EF8653A7B4E9281941401E5613899"><enum>(a)</enum><header>Establishment</header><text>Not
later than 180 days after the date of enactment of this Act, the Secretary of
Housing and Urban Development shall establish and operate a clearinghouse to
serve as a national repository to receive, collect, process, assemble, and
disseminate information regarding the availability and quality of multifamily
developments for elderly tenants, including—</text>
<paragraph id="id540A6E9E1A9642B7BD59C0C2F9452D15"><enum>(1)</enum><text>the availability
of—</text>
<subparagraph id="id97EF7115C7A34B47B101606968009AEC"><enum>(A)</enum><text>supportive housing
for the elderly pursuant to section 202 of the Housing Act of 1959 (12 U.S.C.
1701q), including any housing unit assisted with a project rental assistance
contract under such section;</text>
</subparagraph><subparagraph id="idF156BA8BE74B46B087BBA08633634B28"><enum>(B)</enum><text>properties and
units eligible for assistance under section 8 of the United States Housing Act
of 1937 (42 U.S.C. 1437f);</text>
</subparagraph><subparagraph id="idFB7F0DC1A1B943EB9602E47790165F37"><enum>(C)</enum><text>properties
eligible for the low-income housing tax credit under section 42 of the Internal
Revenue Code of 1986;</text>
</subparagraph><subparagraph id="idC2B732312957425DA2918CB079BB12A3"><enum>(D)</enum><text>units in assisted
living facilities insured pursuant to section 221(d)(4) of the National Housing
Act (12 U.S.C. 1715l(d)(4));</text>
</subparagraph><subparagraph id="idDF014B4736EA47BC835CE20E176CDA6D"><enum>(E)</enum><text>units in any
multifamily project that has been converted into an assisted living facility
for elderly persons pursuant to section 202b of the Housing Act of 1959 (12
U.S.C. 1701q–2); and</text>
</subparagraph><subparagraph id="id915D392A566342E5895688A6FF28FEFA"><enum>(F)</enum><text>any other
federally assisted or subsidized housing for the elderly;</text>
</subparagraph></paragraph><paragraph id="ID2d61a9b596af44ebbc1a13cc126e0c94"><enum>(2)</enum><text>the number of
available units in each property, project, or facility described in paragraph
(1);</text>
</paragraph><paragraph id="id7C8DD8D11B094CF8B9391572C92BC169"><enum>(3)</enum><text>the number of
bedrooms in each available unit in each property, project, or facility
described in paragraph (1);</text>
</paragraph><paragraph id="id5CCD3D32337048379005A79E9CB61E8D"><enum>(4)</enum><text>the estimated cost
to a potential tenant to rent or reside in each available unit in each
property, project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="ID570e10b6cc144a5182f8e4f4fd01d644"><enum>(5)</enum><text>the presence of a
waiting list for entry into any available unit in each property, project, or
facility described in paragraph (1);</text>
</paragraph><paragraph id="ID435d99b2cdaa42119b3248fdf3b28115"><enum>(6)</enum><text>the number of
persons on the waiting list for entry into any available unit in each property,
project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="ID8b6c9789bef64a28bfc9cb97b6403792"><enum>(7)</enum><text>the estimated time
an individual can expect to be on the waiting list for entry into any available
unit in each property, project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="ID41bfdefe12e04eb5aacaa0a249fe09f3"><enum>(8)</enum><text>the amenities
available in each available unit in each property, project, or facility
described in paragraph (1), including—</text>
<subparagraph id="IDfc48fbd4492f45a4a1c76a80e5991904"><enum>(A)</enum><text>the services
provided by such property, project, or facility;</text>
</subparagraph><subparagraph id="ID8950cc7c4d714a83ba4300c77b9a7c1f"><enum>(B)</enum><text>the size and
availability of common space within each property, project, or facility;</text>
</subparagraph><subparagraph id="IDe5a4107b66dd424dbf197371bc4de1fd"><enum>(C)</enum><text>the availability
of organized activities for individuals residing in such property, project, or
facility; and</text>
</subparagraph><subparagraph id="IDcc0e75575668453b97c6700791484ae0"><enum>(D)</enum><text>any other
additional amenities available to individuals residing in such property,
project, or facility;</text>
</subparagraph></paragraph><paragraph id="ID4dc570adde52428b97a3245a19d6c0f3"><enum>(9)</enum><text>the level of care
(personal, physical, or nursing) available to individuals residing in any
property, project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="IDb06ed0da6fd64d43bc2b17873e3f8c81"><enum>(10)</enum><text>whether there is
a service coordinator in any property, project, or facility described in
paragraph (1); and</text>
</paragraph><paragraph id="ID733f897fadd04d249014308d2b96ab5b"><enum>(11)</enum><text>any other
criteria determined appropriate by the Secretary.</text>
</paragraph></subsection><subsection id="id79F7ED18D7C54BBCA41393475D409D6E"><enum>(b)</enum><header>Collection and
updating of information</header>
<paragraph id="id91EE33FD7DB2441A810B9112E7717122"><enum>(1)</enum><header>Initial
Collection</header><text>Not later than 90 days after the date of enactment of
this Act, the Secretary of Housing and Urban Development shall conduct an
annual survey requesting information from each owner of a property, project, or
facility described in subsection (a)(1) regarding the provisions described in
paragraphs (2) through (11) of such subsection.</text>
</paragraph><paragraph id="id3C07BFF9366C489A9D34BE96E3A7F28A"><enum>(2)</enum><header>Response
time</header><text>Not later than 30 days after receiving the request described
under paragraph (1), the owner of each such property, project, or facility
shall submit such information to the Secretary of Housing and Urban
Development.</text>
</paragraph><paragraph id="idB5E65EFDF2FA43C691D8C8142CF2E328"><enum>(3)</enum><header>Public
availability</header><text>Not later than 60 days after the Secretary of
Housing and Urban Development receives the submission of any information
required under paragraph (2), the Secretary shall make such information
publicly available through the clearinghouse.</text>
</paragraph><paragraph id="idAD6F7CF71CB64A54893BA6E36CC3C720"><enum>(4)</enum><header>Updates</header><text>The
Secretary of Housing and Urban Development shall conduct an annual survey of
each owner of a property, project, or facility described in subsection (a)(1)
for the purpose of updating or modifying information provided in the initial
collection of information under paragraph (1). Not later than 30 days after
receiving such a request, the owner of each such property, project, or facility
shall submit such updates or modifications to the Secretary. Not later than 60
days after receiving such updates or modifications, the Secretary shall inform
the clearinghouse of such updated or modified information.</text>
</paragraph></subsection><subsection id="id2370C57B33204FD490F353D7C6A0AB78"><enum>(c)</enum><header>Functions</header><text>The
clearinghouse established under subsection (a) shall—</text>
<paragraph id="ID7aeba475c1e34d28b2352977608a94ff"><enum>(1)</enum><text>respond to
inquiries from State and local governments, other organizations, and
individuals requesting information regarding the availability of housing in
multifamily developments for elderly tenants;</text>
</paragraph><paragraph id="IDe4feffd5b56f40558b219459fdbc6c5d"><enum>(2)</enum><text>make such
information publicly available via the Internet website of the Department of
Housing and Urban Development, which shall include—</text>
<subparagraph id="id6B5460EEFC31413F9491FDF006618A67"><enum>(A)</enum><text>access via
electronic mail; and</text>
</subparagraph><subparagraph id="id66DF0D5300694F7BBC6DEEF9AD810CB7"><enum>(B)</enum><text>an easily
searchable, sortable, downloadable, and accessible index that itemizes the
availability of housing in multifamily developments for elderly tenants by
State, county, and zip code;</text>
</subparagraph></paragraph><paragraph id="ID13a1d7ca3fdd45009cdb58ae86fc76d6"><enum>(3)</enum><text>establish a
toll-free number to provide the public with specific information regarding the
availability of housing in multifamily developments for elderly tenants;
and</text>
</paragraph><paragraph id="IDaa8dde352a594f63af517c067b875010"><enum>(4)</enum><text>perform any other
duty that the Secretary determines necessary to achieve the purposes of this
section.</text>
</paragraph></subsection><subsection id="id4E884630BDDB4E43896BF8521531542B"><enum>(d)</enum><header>Authorization of
appropriations</header><text>There are authorized to be appropriated such sums
as necessary to carry out this section.</text>
</subsection></section>
1.Short title and table of
contents
(a)This Act may be cited
as the Section 202 Supportive Housing
for the Elderly Act of 2010
.
(b)The table of contents for this Act is as follows:
Sec. 1. Short title and table of
contents.
TITLE I—New construction reforms
Sec. 101. Selection criteria.
Sec. 102. Development cost
limitations.
Sec. 103. Owner deposits.
Sec. 104. Definition of private nonprofit
organization.
Sec. 105. Nonmetropolitan
allocation.
TITLE II—Refinancing
Sec. 201. Approval of
prepayment of debt.
Sec. 202. Use of unexpended
amounts.
Sec. 203. Use of project residual
receipts.
Sec. 204. Additional
provisions.
TITLE III—Assisted living facilities and
service-enriched housing
Sec. 301. Amendments to the grants for
conversion of elderly housing to assisted living facilities.
Sec. 302. Monthly assistance payment under
rental assistance.
TITLE IV—National senior housing
clearinghouse
Sec. 401. National senior housing
clearinghouse.
<enum>I</enum><header>New construction
reforms</header>
<section id="idc0e41477-4f50-4be3-9686-7ce56f16df91"><enum>101.</enum><header>Selection
criteria</header><text display-inline="no-display-inline">Section 202(f)(1) of
the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(f)(1)</external-xref>) is
amended—</text>
<paragraph id="id27a1bdf0-2f9e-46b6-9d46-e333e136c47f"><enum>(1)</enum><text display-inline="yes-display-inline">by redesignating subparagraphs (F) and (G)
as subparagraphs (G) and (H), respectively; and</text>
</paragraph><paragraph id="ida3fc60f3-3466-4838-9449-0f0f1ac5aded"><enum>(2)</enum><text>by inserting after
subparagraph (E) the following new subparagraph:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id0e8295a8-fc3f-42c0-bb97-053a0659cde7" reported-display-style="italic" style="OLC">
<subparagraph id="idc1555a7f-a22a-4d90-bd9f-17c44f71e4e7" indent="up1"><enum>(F)</enum><text>the extent to which the
applicant has ensured that a service coordinator will be employed or otherwise
retained for the housing, who has the managerial capacity and responsibility
for carrying out the actions described in subparagraphs (A) and (B) of
subsection
(g)(2);</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="id62fa8b74-7113-4b91-a480-06370dbaf48c"><enum>102.</enum><header>Development cost
limitations</header><text display-inline="no-display-inline">Section 202(h)(1)
of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(h)(1)</external-xref>) is amended,
in the matter preceding subparagraph (A), by inserting
<quote>reasonable</quote> before <quote>development cost
limitations</quote>.</text>
</section><section id="idae201dca-0612-42f8-abba-027ac35a6092"><enum>103.</enum><header>Owner
deposits</header><text display-inline="no-display-inline">Section 202(j)(3)(A)
of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(j)(3)(A)</external-xref>) is
amended by inserting after the period at the end the following: <quote>Such
amount shall be used only to cover operating deficits during the first 3 years
of operations and shall not be used to cover construction shortfalls or
inadequate initial project rental assistance amounts.</quote>.</text>
</section><section id="id7a34c41f-9c87-4d53-b6b6-c0188deb8195"><enum>104.</enum><header>Definition of private
nonprofit organization</header><text display-inline="no-display-inline">Section
202(k)(4) of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C. 1701q(k)(4)</external-xref>) is amended
to read as follows:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="idDFEF4871CEF44F8B8818BE98F0139BEE" reported-display-style="italic" style="OLC">
<paragraph id="ID5c922f65432940c4b9930104a33ab6f5"><enum>(4)</enum><text>The term <quote>private
nonprofit organization</quote> means—</text>
<subparagraph id="ID114e60570dc348dea6a039c34e1b239e"><enum>(A)</enum><text>any incorporated private
institution or foundation—</text>
<clause id="idB546C4C9D08449AD92695EE1DA85325C"><enum>(i)</enum><text>no part of the net
earnings of which inures to the benefit of any member, founder, contributor, or
individual;</text>
</clause><clause id="id8638CE0EB685492FB696D888A2684373"><enum>(ii)</enum><text>which has a governing
board—</text>
<subclause id="id1D1FF7124D4B48678C286091C057231C"><enum>(I)</enum><text>the membership of which
is selected in a manner to assure that there is significant representation of
the views of the community in which such housing is located; and</text>
</subclause><subclause id="id5B9B16C860834FC383E202B1619BB876"><enum>(II)</enum><text>which is responsible for
the operation of the housing assisted under this section, except that, in the
case of a nonprofit organization that is the sponsoring organization of
multiple housing projects assisted under this section, the Secretary may
determine the criteria or conditions under which financial, compliance and
other administrative responsibilities exercised by a single-entity private
nonprofit organization that is the owner corporation responsible for the
operation of an individual housing project may be shared or transferred to the
governing board of such sponsoring organization; and</text>
</subclause></clause><clause id="id29C58B1A1C044E019476B053968CFE47"><enum>(iii)</enum><text>which is approved by
the Secretary as to financial responsibility; and</text>
</clause></subparagraph><subparagraph id="id1ECBC25AB9DA43E2AB28CE45BD7F6B5F"><enum>(B)</enum><text>a for-profit limited
partnership the sole general partner of which is—</text>
<clause id="id36FCD5E931274303AEA34319D1E4994B"><enum>(i)</enum><text>an organization meeting
the requirements under subparagraph (A);</text>
</clause><clause id="id1D520C548AF54F4489538624775C755F"><enum>(ii)</enum><text>a for-profit corporation
wholly owned and controlled by one or more organizations meeting the
requirements under subparagraph (A); or</text>
</clause><clause id="IDae3edfe69317424190aa89bdc6091b3e"><enum>(iii)</enum><text>a limited liability
company wholly owned and controlled by one or more organizations meeting the
requirements under subparagraph
(A).</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="idf80ea444-5b3f-4e8a-9629-1ffbfd21b44e"><enum>105.</enum><header>Nonmetropolitan
allocation</header><text display-inline="no-display-inline">Paragraph (3) of
section 202(l) of the Housing Act of 1959 (12 U.S.C. 1701q(l)(3)) is amended by
inserting after the period at the end the following: <quote>In complying with
this paragraph, the Secretary shall either operate a national competition for
the nonmetropolitan funds or make allocations to regional offices of the
Department of Housing and Urban Development.</quote>.</text>
</section><enum>II</enum><header>Refinancing</header>
<section id="id59e04a4c-d887-44fe-b7c4-49eebb072a00"><enum>201.</enum><header>Approval of prepayment
of debt</header><text display-inline="no-display-inline">Subsection (a) of
section 811 of the American Homeownership and Economic Opportunity Act of 2000
(<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q</external-xref> note) is amended—</text>
<paragraph id="idb223c1fd-46eb-4d2d-a970-4bd6653318de"><enum>(1)</enum><text>in the matter preceding
paragraph (1), by inserting <quote>, for which the Secretary’s consent to
prepayment is required,</quote> after <quote>Affordable Housing
Act)</quote>;</text>
</paragraph><paragraph id="idee663754-2d94-42fe-8db4-0a36a50f2dea"><enum>(2)</enum><text>in paragraph (1)—</text>
<subparagraph id="id73ba5826-320a-46dd-9c46-fb4b1acb4d2b"><enum>(A)</enum><text>by inserting <quote>at
least 20 years following</quote> before <quote>the maturity
date</quote>;</text>
</subparagraph><subparagraph id="id5d298b76-a073-4d1c-a94a-2b14eed45c7b"><enum>(B)</enum><text>by inserting
<quote>project-based</quote> before <quote>rental assistance payments
contract</quote>;</text>
</subparagraph><subparagraph id="id772d0ba7-bb56-4e87-b43f-aaa89bdac410"><enum>(C)</enum><text>by inserting
<quote>project-based</quote> before <quote>rental housing assistance
programs</quote>; and</text>
</subparagraph><subparagraph id="idf486b823-1a1d-41e2-b1b5-d85fe2875028"><enum>(D)</enum><text>by inserting <quote>, or
any successor project-based rental assistance program,</quote> after
<quote>1701s))</quote>;</text>
</subparagraph></paragraph><paragraph id="id8f80f45f-fcfe-4119-a4a6-7bada0f3229b"><enum>(3)</enum><text>by amending paragraph (2)
to read as follows:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id87758443-7d53-4261-93a7-105b46969b14" reported-display-style="italic" style="OLC">
<paragraph id="id56f5ffad-ceeb-470c-abf7-d5a797ecb557"><enum>(2)</enum><text>the prepayment may
involve refinancing of the loan if such refinancing results in—</text>
<subparagraph id="id8d4d8769-85db-46d6-b866-ff61a40babcb"><enum>(A)</enum><text>a lower interest rate on
the principal of the loan for the project and in reductions in debt service
related to such loan; or</text>
</subparagraph><subparagraph id="idb66b7f2c-1c51-4eac-95f2-78093f08ec0b"><enum>(B)</enum><text>a transaction in which
the project owner will address the physical needs of the project, but only if,
as a result of the refinancing—</text>
<clause id="id8e39659e-a92b-4127-a246-8449def9635d"><enum>(i)</enum><text>the rent charges for
unassisted families residing in the project do not increase or such families
are provided rental assistance under a senior preservation rental assistance
contract for the project pursuant to subsection (e); and</text>
</clause><clause id="id92cbdba3-374c-4e81-84a6-ecb26b7e7d23"><enum>(ii)</enum><text>the overall cost for
providing rental assistance under section 8 for the project (if any) is not
increased, except, upon approval by the Secretary to—</text>
<subclause id="idcee2bdcc-ff4d-4863-b113-1877cdfcc90e"><enum>(I)</enum><text>mark-up-to-market
contracts pursuant to section 524(a)(3) of the Multifamily Assisted Housing
Reform and Affordability Act (42 U.S.C. 1437f note), as such section is carried
out by the Secretary for properties owned by nonprofit organizations; or</text>
</subclause><subclause id="idd339b7e4-fba8-40a8-a2c3-df5a59252dc6"><enum>(II)</enum><text>mark-up-to-budget
contracts pursuant to section 524(a)(4) of the Multifamily Assisted Housing
Reform and Affordability Act (42 U.S.C. 1437f note), as such section is carried
out by the Secretary for properties owned by eligible owners (as such term is
defined in section 202(k) of the Housing Act of 1959 (12 U.S.C. 1701q(k));
and</text>
</subclause></clause></subparagraph></paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="id36cbe015-0101-41d3-9602-7e1930e39451"><enum>(4)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id7f70699a-b765-4dda-a0fa-579767af8b77" reported-display-style="italic" style="OLC">
<paragraph id="id75dde8a3-d90d-4a96-a6b1-c0aa74f76155"><enum>(3)</enum><text>notwithstanding paragraph
(2)(A), the prepayment and refinancing authorized pursuant to paragraph (2)(B)
involves an increase in debt service only in the case of a refinancing of a
project assisted with a loan under such section 202 carrying an interest rate
of 6 percent or
lower.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="id809390b2-a8ea-4b7a-9151-7f7d0f859de9"><enum>202.</enum><header>Use of unexpended
amounts</header><text display-inline="no-display-inline">Subsection (c) of
section 811 of the American Homeownership and Economic Opportunity Act of 2000
(<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q</external-xref> note) is amended—</text>
<paragraph id="ideed1ef03-c69c-4c6a-bfc0-d4ea0f0bb692"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subsection" style="OLC">Use of unexpended
amounts</header-in-text>.—</quote> and inserting <quote><header-in-text level="subsection" style="OLC">Use of
proceeds</header-in-text>.—</quote>;</text>
</paragraph><paragraph id="id90186efe-6053-4e4b-a48a-bd0bb20560f0"><enum>(2)</enum><text>by amending the matter
preceding paragraph (1) to read as follows: <quote>Upon execution of the
refinancing for a project pursuant to this section, the Secretary shall ensure
that proceeds are used in a manner advantageous to tenants of the project, or
are used in the provision of affordable rental housing and related social
services for elderly persons that are tenants of the project or are tenants of
other HUD-assisted senior housing by the private nonprofit organization project
owner, private nonprofit organization project sponsor, or private nonprofit
organization project developer, including—</quote>;</text>
</paragraph><paragraph id="idcbcb7825-82d7-4bd7-beb6-2a6e9557ce5e"><enum>(3)</enum><text>by amending paragraph (1)
to read as follows:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id6040C8855B8A40CA988983D9AA51B537" reported-display-style="italic" style="OLC">
<paragraph id="ID55be5c19183f4121ac6459b9c464995d"><enum>(1)</enum><text>not more than 15 percent
of the cost of increasing the availability or provision of supportive services,
which may include the financing of service coordinators and congregate
services, except that upon the request of the non-profit owner, sponsor, or
organization and determination of the Secretary, such 15 percent limitation may
be waived to ensure that the use of unexpended amounts better enables seniors
to age in
place;</text>
</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</paragraph><paragraph id="id64e82499-c0fa-4a1a-a3f5-cccf8579c4c7"><enum>(4)</enum><text>in paragraph (2), by
inserting before the semicolon the following; <quote>, including reducing the
number of units by reconfiguring units that are functionally obsolete,
unmarketable, or not economically viable</quote>;</text>
</paragraph><paragraph id="id4f032f21-4930-4bca-ae49-7a5a38fe1e3d"><enum>(5)</enum><text>in paragraph (3), by
striking <quote>or</quote> at the end;</text>
</paragraph><paragraph id="idcb75cc80-23c8-4e95-9f73-2c8daa62451a"><enum>(6)</enum><text>in paragraph (4), by
striking <quote>according to a pro rata allocation of shared savings resulting
from the refinancing.</quote> and inserting a semicolon; and</text>
</paragraph><paragraph id="id5388092a-c17b-45d8-8db9-702739ee2e78"><enum>(7)</enum><text>by adding at the end the
following new paragraphs:</text>
<quoted-block changed="added" committee-id="SSBK00" id="id3cc8e73b-a2a1-4994-bbf4-3eaf38ff89d4" reported-display-style="italic" style="OLC">
<paragraph id="id31b22004-b819-4d50-a399-3e85ffe3e174"><enum>(5)</enum><text>rehabilitation of the
project to ensure long-term viability; and</text>
</paragraph><paragraph id="id461ef740-83e8-4b57-8d15-47009df3b6f8"><enum>(6)</enum><text>the payment to the
project owner, sponsor, or third party developer of a developer’s fee in an
amount not to exceed or duplicate—</text>
<subparagraph id="id6a73110e-13d3-4dd7-bab7-1fb56296119b"><enum>(A)</enum><text>in the case of a project
refinanced through a State low income housing tax credit program, the fee
permitted by the low income housing tax credit program as calculated by the
State program as a percentage of acceptable development cost as defined by that
State program; or</text>
</subparagraph><subparagraph id="id69592ca9-b5a8-451c-8c0f-5f6a2987143b"><enum>(B)</enum><text>in the case of a project
refinanced through any other source of refinancing, 15 percent of the
acceptable development cost.</text>
</subparagraph></paragraph><quoted-block-continuation-text quoted-block-continuation-text-level="subsection">For
purposes of paragraph (6)(B), the term <quote>acceptable development
cost</quote> shall include, as applicable, the cost of acquisition,
rehabilitation, loan prepayment, initial reserve deposits, and transaction
costs.</quoted-block-continuation-text><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="id1d155e2a-4386-43dd-97ed-9a4541d80dfa"><enum>203.</enum><header>Use of project
residual receipts</header><text display-inline="no-display-inline">Paragraph
(1) of section 811(d) of the American Homeownership and Economic Opportunity
Act of 2000 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12
U.S.C. 1701q</external-xref> note) is amended—</text>
<paragraph id="id18cae2d2-4837-49a8-a90d-4d1c828f35ac"><enum>(1)</enum><text>by striking <quote>not
more than 15 percent of</quote>; and</text>
</paragraph><paragraph id="idc9a2bb70-6865-46cb-a0a0-2dad7f25b694"><enum>(2)</enum><text>by inserting before the
period at the end the following: <quote>or other purposes approved by the
Secretary</quote>.</text>
</paragraph></section><section id="id4b63b912-3cd9-4356-b0b9-3c7d53ac1578"><enum>204.</enum><header>Additional
provisions</header><text display-inline="no-display-inline">Section 811 of the
American Homeownership and Economic Opportunity Act of 2000 (12 U.S.C. 1701q
note) is amended by adding at the end the following new subsections:</text>
<quoted-block changed="added" committee-id="SSBK00" id="id83551e76-5299-49bf-9888-c70244912fad" reported-display-style="italic" style="OLC">
<subsection id="id0ad3639e-2240-4701-87d6-a600072a53d1"><enum>(e)</enum><header>Senior preservation
rental assistance contracts</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law,
in connection with a prepayment plan for a project approved under subsection
(a) by the Secretary or as otherwise approved by the Secretary to prevent
displacement of elderly residents of the project in the case of refinancing or
recapitalization and to further preservation and affordability of such project,
the Secretary shall provide project-based rental assistance for the project
under a senior preservation rental assistance contract, as follows:</text>
<paragraph id="ida8c38c45-a51a-4208-b72c-ae28b12b3e59"><enum>(1)</enum><text>Assistance under the
contract shall be made available to the private nonprofit organization
owner—</text>
<subparagraph id="idee58f645-997e-47c8-a5d6-bb27dfb7d179"><enum>(A)</enum><text display-inline="yes-display-inline">for a term of at least 20 years, subject to
annual appropriations; and</text>
</subparagraph><subparagraph id="idd57c03c2-9718-476d-8605-8bf3a9d594d9"><enum>(B)</enum><text>under the same rules
governing project-based rental assistance made available under section 8 of the
Housing Act of 1937 or under the rules of such assistance as may be made
available for the project.</text>
</subparagraph></paragraph><paragraph id="id2d13331d-a31a-4d33-be27-69e1dc555908"><enum>(2)</enum><text>Any projects for which a
senior preservation rental assistance contract is provided shall be subject to
a use agreement to ensure continued project affordability having a term of the
longer of (A) the term of the senior preservation rental assistance contract,
or (B) such term as is required by the new financing.</text>
</paragraph></subsection><subsection id="id8f1241b7-c0ef-4730-977b-f910f740791c"><enum>(f)</enum><header>Subordination or
assumption of existing debt</header><text display-inline="yes-display-inline">In lieu of prepayment under this section of
the indebtedness with respect to a project, the Secretary may approve—</text>
<paragraph id="id3c2fef7d-3c03-4fda-bdd4-e5998e4e1cfa"><enum>(1)</enum><text>in connection with new
financing for the project, the subordination of the loan for the project under
section 202 of the Housing Act of 1959 (as in effect before the enactment of
the Cranston-Gonzalez National Affordable Housing Act) and the continued
subordination of any other existing subordinate debt previously approved by the
Secretary to facilitate preservation of the project as affordable housing;
or</text>
</paragraph><paragraph id="id71d534c6-1da1-4d13-bdbb-760add6b933e"><enum>(2)</enum><text>the assumption (which may
include the subordination described in paragraph (1)) of the loan for the
project under such section 202 in connection with the transfer of the project
with such a loan to a private nonprofit organization.</text>
</paragraph></subsection><subsection id="idE06DEE1C19E0477AB4C9E9DE69624A04"><enum>(g)</enum><header>Flexible subsidy
debt</header><text>The Secretary shall waive the requirement that debt for a
project pursuant to the flexible subsidy program under section 201 of the
Housing and Community Development Amendments of 1978 (<external-xref legal-doc="usc" parsable-cite="usc/12/1715z-1a">12 U.S.C.
1715z–1a</external-xref>) be prepaid in connection with a prepayment,
refinancing, or transfer under this section of a project if the financial
transaction or refinancing cannot be completed without the waiver.</text>
</subsection><subsection id="id21e5bb3b-47dd-4c37-bcb1-a595f633c960"><enum>(h)</enum><header>Tenant involvement in
prepayment and refinancing</header><text>The Secretary shall not accept an
offer to prepay the loan for any project under section 202 of the Housing Act
of 1959 unless the Secretary—</text>
<paragraph id="id2086C1766DCB449EA5A55F45E8E01A8B"><enum>(1)</enum><text>has determined that the
owner of the project has notified the tenants of the owner’s request for
approval of a prepayment; and</text>
</paragraph><paragraph id="idb403ee49-d62c-46fd-8a6a-9ab1a4deede0"><enum>(2)</enum><text>has determined that the
owner of the project has provided the tenants with an opportunity to comment on
the owner’s request for approval of a prepayment, including on the description
of any anticipated rehabilitation or other use of the proceeds from the
transaction, and its impacts on project rents, tenant contributions, or the
affordability restrictions for the project, and that the owner has responded to
such comments in writing.</text>
</paragraph></subsection><subsection id="id423b96e7-cde4-455c-8568-8cd6465d021b"><enum>(i)</enum><header>Definition of private
nonprofit organization</header><text>For purposes of this section, the term
<quote>private nonprofit organization</quote> has the meaning given such term
in section 202(k) of the Housing Act of 1959 (<external-xref legal-doc="usc" parsable-cite="usc/12/1701q">12 U.S.C.
1701q(k)</external-xref>).</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>III</enum><header>Assisted living
facilities and service-enriched housing</header>
<section id="id921e56b2-28aa-4833-821c-a1f3e36882dd"><enum>301.</enum><header>Amendments to the
grants for conversion of elderly housing to assisted living facilities</header>
<subsection id="idAFD46BEC978249E5B64023843799F9E5"><enum>(a)</enum><header>Technical
amendment</header><text>The section heading for section 202b of the Housing Act
of 1959 (12 U.S.C. 1701q-2) is amended by inserting <quote><header-in-text level="section" style="OLC">and other purposes</header-in-text></quote> after
<quote><header-in-text level="section" style="OLC">assisted living
facilities</header-in-text></quote>.</text>
</subsection><subsection id="id9ADFAC01D1174BF39D0EE39AF5AEDC99"><enum>(b)</enum><header>Extension of grant
authority</header><text>Section 202b(a)(2) of the Housing Act of 1959 (12
U.S.C. 1701q-2(a)(2)) is amended—</text>
<paragraph id="IDe65504170aef4c75b5c20f7168033f3a"><enum>(1)</enum><text>by striking <quote>(2)
<header-in-text level="paragraph" style="OLC">Conversion</header-in-text>.—Activities</quote> and inserting the
following:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id98362BFF032348CFA708EB1FD6AA2D92" reported-display-style="italic" style="OLC">
<paragraph id="id898C736CF1C941A8955C8DDE4AE4CE19"><enum>(2)</enum><header>Conversion</header>
<subparagraph id="id87C9FD94D25A4AF5AC4FC17E0132D214"><enum>(A)</enum><header>Assisted living
facilities</header><text>Activities</text>
</subparagraph></paragraph><after-quoted-block>; and
</after-quoted-block></quoted-block>
</paragraph><paragraph id="idBCA0C9FB59E448A3B1240E126DD8788C"><enum>(2)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="idA4B5ECEF6DF44589A5F92DCC700B405F" reported-display-style="italic" style="OLC">
<subparagraph id="IDd0be8fc6555e4c77ae59abe1007b273b"><enum>(B)</enum><header>Service-enriched
housing</header><text>Activities designed to convert dwelling units in the
eligible project to service-enriched housing for elderly
persons.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="id6D8A200764914F2D917ECA037F51C356"><enum>(c)</enum><header>Amendment to
application process</header><text>Section 202b(c)(1) of the Housing Act of 1959
(12 U.S.C. 1701q-2(c)(1)) is amended by inserting <quote>for either an assisted
living facility or service-enriched housing</quote> after
<quote>activities</quote>.</text>
</subsection><subsection id="id5EA05749E48E4CDDA6A58B9C63694E20"><enum>(d)</enum><header>Requirements for
services</header><text>Section 202b(d) of the Housing Act of 1959 (12 U.S.C.
1701q-2(d)) is amended to read as follows:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="idC22FBC987CB64163B94EBAE7607790B2" reported-display-style="italic" style="OLC">
<subsection id="id2F5459CCB9864946B662E155D33A379B"><enum>(d)</enum><header>Requirements for
services</header>
<paragraph id="ID70cedd7adfcc4d5190144637e0653d1b"><enum>(1)</enum><header>Sufficient evidence of
firm funding commitments</header><text>The Secretary may not make a grant under
this section for conversion activities unless an application for a grant
submitted pursuant to subsection (c) contains sufficient evidence, in the
determination of the Secretary, of firm commitments for the funding of services
to be provided in the assisted living facility or service-enriched housing,
which may be provided by third parties.</text>
</paragraph><paragraph id="ID09ce05a10180477b8917f9f7b1598b24"><enum>(2)</enum><header>Required
evidence</header><text>The Secretary shall require evidence that each recipient
of a grant for service-enriched housing under this section provides relevant
and timely disclosure of information to residents or potential residents of
such housing relating to—</text>
<subparagraph id="ID246f69cf34394d19ad281e245799b3ba"><enum>(A)</enum><text>the services that will be
available at the property to each resident, including—</text>
<clause id="IDc629ef634ec1408d9062b51166654fc8"><enum>(i)</enum><text>the right to accept,
decline, or choose such services and to have the choice of provider;</text>
</clause><clause id="IDa09e68c3116649d39b2fa537379e516a"><enum>(ii)</enum><text>the services made
available by or contracted through the grantee;</text>
</clause><clause id="IDcaecc33267ba48199d978caae73b255b"><enum>(iii)</enum><text>the identity of, and
relevant information for, all agencies or organizations providing any services
to residents, which agencies or organizations shall provide information
regarding all procedures and requirements to obtain services, any charges or
rates for the services, and the rights and responsibilities of the residents
related to those services;</text>
</clause></subparagraph><subparagraph id="ID9c32697e4c564f89a7230c248adcd92b"><enum>(B)</enum><text>the availability,
identity, contact information, and role of the service coordinator; and</text>
</subparagraph><subparagraph id="ID8b2a3ac087a746dc823aa9637bb84bb1"><enum>(C)</enum><text>such other information as
the Secretary determines to be appropriate to ensure that residents are
adequately informed of the services options available to promote resident
independence and quality of
life.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id8ECF701B419049C9974F116194EB1A84"><enum>(e)</enum><header>Amendments to selection
criteria</header><text>Section 202b(e) of the Housing Act of 1959 (12 U.S.C.
1701q-2(e)) is amended—</text>
<paragraph id="ID0d16fb361f2545f5af1198bafa0400ad"><enum>(1)</enum><text>in paragraph (2)—</text>
<subparagraph id="id0D3906ADDC734248B0A996DD9DFF59C7"><enum>(A)</enum><text>by inserting <quote>or
service-enriched housing</quote> after <quote>facilities</quote>; and</text>
</subparagraph><subparagraph id="id670F307C0B2A492396B14E99EAF4D2BE"><enum>(B)</enum><text>by inserting
<quote>service-enriched housing</quote> after <quote>facility</quote>;</text>
</subparagraph></paragraph><paragraph id="ID2071533acaff459eacc945e9d5233e61"><enum>(2)</enum><text>in paragraph (5), by
inserting <quote>or service-enriched housing</quote> after
<quote>facility</quote>; and</text>
</paragraph><paragraph id="ID3e4e93e6298946f6a01c4729f843641c"><enum>(3)</enum><text>in paragraph (6), by
inserting <quote>or service-enriched housing</quote> after
<quote>facility</quote>.</text>
</paragraph></subsection><subsection id="id93933E85B62D458C9034E3B8382E096F"><enum>(f)</enum><header>Amendments to section 8
project-based assistance</header><text>Section 202b(f) of the Housing Act of
1959 (12 U.S.C. 1701q-2(f)) is amended—</text>
<paragraph id="ID34979f5dba98405a8a8b349a84083ccf"><enum>(1)</enum><text>in paragraph (1), by
inserting <quote>or service-enriched housing</quote> after
<quote>facilities</quote> each time that term appears; and</text>
</paragraph><paragraph id="IDe987a442b49d4abd8aa1931d12e30f9e"><enum>(2)</enum><text>in paragraph (2), by
inserting <quote>or service-enriched housing</quote> after
<quote>facility</quote>.</text>
</paragraph></subsection><subsection id="id23B1FC5286814A7FAE013F50D16555E2"><enum>(g)</enum><header>Amendments to
definitions</header><text>Section 202b(g) of the Housing Act of 1959 (12 U.S.C.
1701q-2(g)) is amended to read as follows:</text>
<quoted-block changed="added" committee-id="SSBK00" display-inline="no-display-inline" id="id9A759A4E0D794631B6B19E6D7D1677CF" reported-display-style="italic" style="OLC">
<subsection id="id09017E7506744F4EB7A9D8C8A8369325"><enum>(g)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="ID2f29542836f24dd1b188d9486811ef60"><enum>(1)</enum><text>the term <quote>assisted
living facility</quote> has the meaning given such term in section 232(b) of
the National Housing Act (1715w(b));</text>
</paragraph><paragraph id="ID31290aa3091a4433bf1731a2b0ba6056"><enum>(2)</enum><text>the term
<quote>service-enriched housing</quote> means housing that—</text>
<subparagraph id="ID455d1665d86345d292cc11cde8a03dce"><enum>(A)</enum><text>makes available through
licensed or certified third party service providers supportive services to
assist the residents in carrying out activities of daily living, such as
bathing, dressing, eating, getting in and out of bed or chairs, walking, going
outdoors, using the toilet, laundry, home management, preparing meals, shopping
for personal items, obtaining and taking medication, managing money, using the
telephone, or performing light or heavy housework, and which may make available
to residents home health care services, such as nursing and therapy;</text>
</subparagraph><subparagraph id="ID8c2c8778413541ddabd4270b73689dd9"><enum>(B)</enum><text>includes the position of
service coordinator, which may be funded as an operating expense of the
property; ;</text>
</subparagraph><subparagraph id="ID0b2e13d2e52944e8b205344b3e0ac52a"><enum>(C)</enum><text>provides separate
dwelling units for residents, each of which contains a full kitchen and
bathroom and which includes common rooms and other facilities appropriate for
the provision of supportive services to the residents of the housing;
and</text>
</subparagraph><subparagraph id="IDbd073cb96253478aacdaae0aa4ffdd19"><enum>(D)</enum><text>provides residents with
control over health care and supportive services decisions, including the right
to accept, decline, or choose such services, and to have the choice of
provider; and</text>
</subparagraph></paragraph><paragraph id="ID5da780dc36d844a79386b86fab27e718"><enum>(3)</enum><text>the definitions in
section 1701(q)(k) of this title shall
apply.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="id7632c938-aacf-4101-9a0b-9cf4d967e369"><enum>302.</enum><header>Monthly assistance
payment under rental assistance</header><text display-inline="no-display-inline">Clause (iii) of section 8(o)(18)(B) of the
United States Housing Act of 1937 (<external-xref legal-doc="usc" parsable-cite="usc/42/1437f">42 U.S.C.
1437f(o)(18)(B)(iii)</external-xref>) is amended by inserting before the period
at the end the following: <quote>, except that a family may be required at the
time the family initially receives such assistance to pay rent in an amount
exceeding 40 percent of the monthly adjusted income of the family by such an
amount or percentage that is reasonable given the services and amenities
provided and as the Secretary deems appropriate.</quote>.</text>
</section><enum>IV</enum><header>National senior housing
clearinghouse</header>
<section id="id4501ba11-898c-4dec-97df-bce34503fd0e"><enum>401.</enum><header>National senior
housing clearinghouse</header>
<subsection id="idd0434b69-862a-4c71-870d-f31f1145fa6c"><enum>(a)</enum><header>Establishment</header><text>Not
later than 360 days after the date of enactment of this Act, the Secretary of
Housing and Urban Development shall establish and operate a clearinghouse to
serve as a national repository to receive, collect, process, assemble, and
disseminate information regarding the availability and quality of multifamily
developments for elderly tenants, including—</text>
<paragraph id="id4c4b8689-e3fa-40c4-ad65-f7befc09e523"><enum>(1)</enum><text>the availability
of—</text>
<subparagraph id="id9d9bfe0b-9c2b-476d-9666-5fdbb2563147"><enum>(A)</enum><text>supportive housing for
the elderly pursuant to section 202 of the Housing Act of 1959 (12 U.S.C.
1701q), including any housing unit assisted with a project rental assistance
contract under such section;</text>
</subparagraph><subparagraph id="id17174d61-1006-4352-acce-16de232b5800"><enum>(B)</enum><text>properties and units
eligible for assistance under section 8 of the United States Housing Act of
1937 (42 U.S.C. 1437f);</text>
</subparagraph><subparagraph id="ide677e566-1275-41ac-809e-a6f4ac1b5ae7"><enum>(C)</enum><text>properties eligible for
the low-income housing tax credit under section 42 of the Internal Revenue Code
of 1986;</text>
</subparagraph><subparagraph id="id83b23125-63e4-4dbe-894d-2a5667ac3e23"><enum>(D)</enum><text>units in assisted living
facilities insured pursuant to section 221(d)(4) of the National Housing Act
(12 U.S.C. 1715l(d)(4));</text>
</subparagraph><subparagraph id="id6cda8669-3d8b-4a31-9608-d7c2ffbda22e"><enum>(E)</enum><text>units in any multifamily
project that has been converted into an assisted living facility for elderly
persons pursuant to section 202b of the Housing Act of 1959 (12 U.S.C.
1701q–2); and</text>
</subparagraph><subparagraph id="id3556c117-e1de-43b0-98d1-366b6dc642ee"><enum>(F)</enum><text>any other federally
assisted or subsidized housing for the elderly;</text>
</subparagraph></paragraph><paragraph id="id6bb3b51e-1a43-43ed-9e04-ab7ee51e80a1"><enum>(2)</enum><text>the number of available
units in each property, project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="iddc7f36c9-5434-46a6-b3b5-10b2899b6f93"><enum>(3)</enum><text>the number of bedrooms in
each available unit in each property, project, or facility described in
paragraph (1);</text>
</paragraph><paragraph id="iddbb059ed-b9af-4169-bd36-7b33d93c8497"><enum>(4)</enum><text>the estimated cost to a
potential tenant to rent or reside in each available unit in each property,
project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="id705ba555-71a5-41a0-af92-741e22c15cd5"><enum>(5)</enum><text>the presence of a waiting
list for entry into any available unit in each property, project, or facility
described in paragraph (1);</text>
</paragraph><paragraph id="ide0f9432c-616d-4733-bc13-effca013afa0"><enum>(6)</enum><text>the number of persons on
the waiting list for entry into any available unit in each property, project,
or facility described in paragraph (1);</text>
</paragraph><paragraph id="id63645e84-2bc9-44b1-b7df-b1400773b059"><enum>(7)</enum><text>the amenities available
in each available unit in each property, project, or facility described in
paragraph (1), including—</text>
<subparagraph id="idc4c7a8ae-fdbd-408e-86fa-1a61b421b178"><enum>(A)</enum><text>the services provided by
such property, project, or facility;</text>
</subparagraph><subparagraph id="id56aff99b-4eb2-4ba2-9b8a-48b83ed4f5f6"><enum>(B)</enum><text>the size and availability
of common space within each property, project, or facility;</text>
</subparagraph><subparagraph id="id7d953568-efac-479c-ac74-4de8d98233d1"><enum>(C)</enum><text>the availability of
organized activities for individuals residing in such property, project, or
facility; and</text>
</subparagraph><subparagraph id="id9f6b2fcb-ffa4-439d-9ec6-8b3e48aee371"><enum>(D)</enum><text>any other additional
amenities available to individuals residing in such property, project, or
facility;</text>
</subparagraph></paragraph><paragraph id="id58bf1334-c11e-4d91-930d-f2cb855b5730"><enum>(8)</enum><text>the level of care
(personal, physical, or nursing) available to individuals residing in any
property, project, or facility described in paragraph (1);</text>
</paragraph><paragraph id="ida833d6e9-c1ec-4553-95d7-0972ab7b8dba"><enum>(9)</enum><text>whether there is a
service coordinator in any property, project, or facility described in
paragraph (1); and</text>
</paragraph><paragraph id="id3d6ce6e1-497d-4cfd-9df1-494dc7660508"><enum>(10)</enum><text>any other criteria
determined appropriate by the Secretary.</text>
</paragraph></subsection><subsection id="idf356295b-fb38-40e3-9b1f-24bcb96cb30a"><enum>(b)</enum><header>Collection and updating
of information</header>
<paragraph id="id44633eef-1075-4cb0-a601-bc1569e591e0"><enum>(1)</enum><header>Initial
Collection</header><text>Not later than 180 days after the date of enactment of
this Act, the Secretary of Housing and Urban Development shall conduct a survey
requesting information from each owner of a property, project, or facility
described in subsection (a)(1) regarding the provisions described in paragraphs
(2) through (10) of such subsection.</text>
</paragraph><paragraph id="id7fbfc15f-b407-4d2e-b72e-4e9086865a9a"><enum>(2)</enum><header>Response
time</header><text>Not later than 60 days after receiving the request described
under paragraph (1), the owner of each such property, project, or facility
shall submit such information to the Secretary of Housing and Urban
Development.</text>
</paragraph><paragraph id="id1cdfec87-cb04-464a-924d-01be76bd04b2"><enum>(3)</enum><header>Public
availability</header><text>Not later than 120 days after the Secretary of
Housing and Urban Development receives the submission of any information
required under paragraph (2), the Secretary shall make such information
publicly available through the clearinghouse.</text>
</paragraph><paragraph id="id936730d7-08b9-4048-882a-f133d57481eb"><enum>(4)</enum><header>Updates</header><text>The
Secretary of Housing and Urban Development shall conduct a biennial survey of
each owner of a property, project, or facility described in subsection (a)(1)
for the purpose of updating or modifying information provided in the initial
collection of information under paragraph (1). Not later than 30 days after
receiving such a request, the owner of each such property, project, or facility
shall submit such updates or modifications to the Secretary. Not later than 60
days after receiving such updates or modifications, the Secretary shall inform
the clearinghouse of such updated or modified information.</text>
</paragraph></subsection><subsection id="id7a81b7a3-a7bf-49be-9d42-0986b7cc3f00"><enum>(c)</enum><header>Functions</header><text>The
clearinghouse established under subsection (a) shall—</text>
<paragraph id="idf82e64a0-9f7b-4671-ad73-a4458e0048f1"><enum>(1)</enum><text>respond to inquiries from
State and local governments, other organizations, and individuals requesting
information regarding the availability of housing in multifamily developments
for elderly tenants;</text>
</paragraph><paragraph id="id6e9520fa-bb28-4dda-b81b-cddc75ba7e6e"><enum>(2)</enum><text>make such information
publicly available via the Internet website of the Department of Housing and
Urban Development, which shall include—</text>
<subparagraph id="id7ccb2432-9da8-4657-ba08-179865965bfd"><enum>(A)</enum><text>access via electronic
mail; and</text>
</subparagraph><subparagraph id="id8089c079-690c-4986-981f-b7b7ae78a179"><enum>(B)</enum><text>an easily searchable,
sortable, downloadable, and accessible index that itemizes the availability of
housing in multifamily developments for elderly tenants by State, county, and
zip code;</text>
</subparagraph></paragraph><paragraph id="idb2943c50-355d-4cc0-ae53-34bfaae39584"><enum>(3)</enum><text>establish a toll-free
number to provide the public with specific information regarding the
availability of housing in multifamily developments for elderly tenants;
and</text>
</paragraph><paragraph id="idd1e07e68-9ada-4544-a1c7-1f69302087fd"><enum>(4)</enum><text>perform any other duty
that the Secretary determines necessary to achieve the purposes of this
section.</text>
</paragraph></subsection><subsection id="IDff2d4e423e554dc88b909d890c107af2"><enum>(d)</enum><header>Relationship with Other
Databases</header><text>The Secretary of Housing and Urban Development may make
the clearinghouse established under subsection (a) a part of any other
multifamily housing database the Secretary is required to establish.</text>
</subsection><subsection id="id71788881-45a7-4242-9706-550dd439e5a4"><enum>(e)</enum><header>Authorization of
appropriations</header><text>There are authorized to be appropriated such sums
as necessary to carry out this section.</text>
</subsection></section>
November 30, 2010
Reported with an amendment