HR 3635 · 105th Congress · Housing and Community Development

Senior Citizens' Housing Financial Restructuring Act of 1998

Introduced 1998-04-01· Sponsored by Rep. Lazio, Rick [R-NY-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Opportunity.(1998-04-09)

Plain Language Summary

[AI summary unavailable — showing source text] Senior Citizens' Housing Financial Restructuring Act of 1998 - Authorizes the Secretary of Housing and Urban Development, with the consent of the owner, to convert certain housing projects for the elderly from direct loan financing to rental assistance contract financing. Authorizes related debt forgiveness and section 8 contract cancellation.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

4 Democrats16 Republicans