Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Department of Veterans Affairs Title II: Department of Housing and Urban Development Title III: Independent Agencies Title IV: General Provisions Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997 - Title I: Department of Veterans Affairs - Makes appropriations for FY 1997 to the Department of Veterans Affairs, setting forth uses and limitations for them. Establishes in the Treasury a franchise fund pilot for capitalizing and operating central administrative services. Title II: Department of Housing and Urban Development - Makes appropriations for FY 1997 for the Department of Housing and Urban Development (HUD), setting forth uses and limitations for them. (Sec. 201) Directs public housing agencies to require families to pay a minimum monthly rent of up to $25, and reduce monthly assistance payments accordingly. (Sec. 203) Extends the single family assignment program through FY 1997. (Sec. 204) Authorizes HUD to restructure multifamily apartment mortgages subsidized with section 8 project-based rental assistance contracts that expire in FY 1997. Limits such restructuring to property insur…