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S. 2692 · 108th Congress

Affordable Housing Preservation Act of 2004

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

3 cosponsors · 2 D, 1 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Affordable Housing Preservation Act of 2004 - Directs the Secretary of Housing and Urban Development to make matching grants to States (40 percent) and localities (60 percent) to supplement State and local assistance for the preservation and promotion of low-income housing.

What it does: CRS summary · Introduced in Senate · Jul 20, 2004

Affordable Housing Preservation Act of 2004 - Directs the Secretary of Housing and Urban Development to make matching grants to States (40 percent) and localities (60 percent) to supplement State and local assistance for the preservation and promotion of low-income housing.

States that grants shall be: (1) used for housing project acquisition, rehabilitation, capital expenditures, and related development costs; or (2) to eligible nonprofit entities for operational, working capital, and organizational expenses, and predevelopment activities to acquire housing that will remain affordable for low-income or very low-income families.

Sets forth eligibility requirements for: (1) projects with Department of Housing and Urban Development-insured mortgages; (2) projects with section 8 project based assistance; (3) projects purchased by residents; and (4) rural rental assistance projects.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Affordable Housing Preservation Act of 2004

Latest action (Jul 20, 2004): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8478-8479)

Policy area: Housing and Community Development · Origin: Senate · Introduced: Jul 20, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.