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Title II — Affordable housing activities

S. 710 · 114th Congress · Mar 11, 2015 · Lineage

II Affordable housing activities

Sec. 201 Program requirements

Section 203(a) (25 U.S.C. 4133(a)) is amended—
(1)
in paragraph (1), by striking “paragraph (2)” and inserting “paragraphs (2) and (3)”;
(2)
by redesignating paragraph (2) as paragraph (3);
(3)
by inserting after paragraph (1) the following:

“(2) Application of tribal policies—Paragraph (3) shall not apply if—

“(A) the recipient has a written policy governing rents and homebuyer payments charged for dwelling units; and

“(B) that policy includes a provision governing maximum rents or homebuyer payments, including tenant protections.”

(4)
in paragraph (3) (as so redesignated), by striking “In the case of” and inserting “In the absence of a written policy governing rents and homebuyer payments, in the case of”.

Sec. 202 Homeownership or lease-to-own low-income requirement and income targeting

Section 205 (25 U.S.C. 4135) is amended—
(1)
in subsection (a)(1)—
(A)
in subparagraph (C), by striking “and” at the end; and
(B)
by adding at the end the following:

“(E) notwithstanding any other provision of this paragraph, in the case of rental housing that is made available to a current rental family for conversion to a homebuyer or a lease-purchase unit, that the current rental family can purchase through a contract of sale, lease-purchase agreement, or any other sales agreement, is made available for purchase only by the current rental family, if the rental family was a low-income family at the time of their initial occupancy of such unit; and”

(2)
in subsection (c)—
(A)
by striking “The provisions” and inserting the following:

“(1) In general—The provisions”

(B)
by adding at the end the following:

“(2) Applicability to improvements—The provisions of subsection (a)(2) regarding binding commitments for the remaining useful life of property shall not apply to improvements of privately owned homes if the cost of the improvements do not exceed 10 percent of the maximum total development cost for the home.”

Sec. 203 Lease requirements and tenant selection

Section 207 (25 U.S.C. 4137) is amended by adding at the end the following:

“(c) Notice of termination—The notice period described in subsection (a)(3) shall apply to projects and programs funded in part by amounts authorized under this Act.”

Sec. 204 Self-determined housing activities for tribal communities

Subtitle B of title II (25 U.S.C. 4145 et seq.) is repealed.

Sec. 205 Total development cost maximum project cost

Affordable housing (as defined in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4103)) that is developed, acquired, or assisted under the block grant program established under section 101 of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4111) shall not exceed by more than 20 percent, without prior approval of the Secretary of Housing and Urban Development, the total development cost maximum cost for all housing assisted under an affordable housing activity, including development and model activities.