A bill making appropriations for the Department of Housing and Urban Development, and for sundry independent agencies, boards, commissions, corporations, and offices for the fiscal year ending September 30, 1988, and for other purposes.

[AI summary unavailable — showing source text] Title I: Department of Housing and Urban Development - Makes appropriations to the Department of Housing and Urban Development (HUD) for FY 1988 for: (1) housing programs, including congregate services, low-income housing projects, housing counseling assistance, operating subsidies for troubled multifamily housing projects, and payments to cover losses of the Special Risk Insurance Fund and the General Insurance Fund; (2) the Solar Energy and Energy Conservation Bank for assistance for solar and conservation improvements; (3) community development grants, urban development action grants, and the urban homesteading program; (4) policy development and research; (5) fair housing assistance; and (6) salaries and expenses. Increases the contract and budget authority for annual contributions for assisted housing. Earmarks specified amounts of such budget authority for: (1) financing public housing for Indian families; (2) public housing new construction or acquisition with or without rehabilitation (other than for low-income housing for Indian families); (3) modernization of existing public housing projects; (4) assistance for projects for the elderly or handicapped; and (5) assistance u…