[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3825 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 3825

   To authorize the use of multifamily housing subject to a mortgage 
  insured under section 207 of the National Housing Act as work force 
                          residential housing.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 25, 2012

  Mr. Pompeo (for himself, Ms. Jenkins, Mr. Yoder, and Mr. Huelskamp) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
   To authorize the use of multifamily housing subject to a mortgage 
  insured under section 207 of the National Housing Act as work force 
                          residential housing.

    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 ``Work Force Housing Act of 2011''.

SEC. 2. WORK FORCE RESIDENTIAL HOUSING.

    Section 513 of the National Housing Act (12 U.S.C. 1731b) is 
amended--
            (1) in subsection (b)--
                    (A) in clause (1), by striking ``or'' at the end; 
                and
                    (B) by inserting before the period at the end the 
                following: ``, or (3) the project is a work force 
                residential housing property (as such term is defined 
                in subsection (e) of this section) and is subject to a 
                mortgage insured under section 207 (12 U.S.C. 1713)''; 
                and
            (2) in subsection (e)--
                    (A) in clause (1), by striking ``and'' at the end; 
                and
                    (B) by inserting before the period at the end the 
                following: ``, and (3) the term `work force residential 
                housing property' means multifamily housing the 
                dwelling units of which are rented for a minimum stay 
                of seven days and that does not provide retail hotel 
                amenities as defined by the Secretary''.
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