United States Housing Act

[AI summary unavailable — showing source text] United States Housing Act - Declares that it is the policy of the United States to promote the general welfare of the Nation by employing its funds and credit to assist the States to remedy unsafe and unsanitary housing conditions and shortages of decent dwellings for families of low income. States that no person should be barred from serving on the governing body of a local public housing agency because of his tenancy in a low-income housing project. Defines the terms used in this Act. Empowers the Secretary of Housing and Urban Development to make loans to public housing agencies to help finance or refinance the development, acquisition, or operation of low-income housing projects. States that the Secretary may have outstanding at any one time obligations in an amount of up to $1,500,000,000. Authorizes the Secretary to make annual contributions to public housing agencies to assist in achieving and maintaining the low-income character of their projects. Sets forth the aggregate allowable amounts for such contributions for fiscal years 1970 through 1975. Requires that specified amounts be available only for low-income housing for persons who are members of any Indian tribe, band, …