OpenCongress - U.S. Congress - H.R.2895 National Affordable Housing Trust Fund Act of 2007

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National Affordable Housing Trust Fund Act of 2007

To establish the National Affordable Housing Trust Fund in the Treasury of the United States to provide for the construction, rehabilitation, and preservation of decent, safe, and affordable housing for low-income families.

previous 110th session of congress Other Bill Titles (4 more)

10/10/2007--Passed House amended. National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury the National Affordable Housing Trust Fund (Fund). Declares that:
(1) the Fund shall consist of cert... morehide bill summarySee Full Bill Text

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Amendments

This bill has 8 amendments. See All AmendmentsHide All Amendments

Amendments to H.R.2895

Number	Status	Purpose
H.Amdt843	Pass	An amendment numbered 1 printed in House Report 110-369 to establish a state minimum allocation percentage, under which every state will receive at least one half of one percent (.5%) of the total funds available each year that are allocated to states, Indian Tribes, and insular areas. Allocations to all other states would be reduced pro rata to bring these states up to this .5% minimum. The amendment would also provide that the local jurisdiction in each state that is slated to receive the largest amount by formula in such state would be entitled to receive such funds directly [notwithstanding the bill's provision that jurisdictions entitled to their state in any year that nationwide funding is less than $2 billion]. The amendment includes a technical clarification to ensure that the mixed income limitation capping the number of units initially rented to extremely low income families at 50% applies to all of the units in a project [not just those units assisted by trust fund dollars]. The amendment would provide that the exception to the mixed income rule applies to all `elderly only' projects, not just those projects of 25 or fewer units.
H.Amdt844	Pass	An amendment numbered 2 printed in House Report 110-369 to add additional flexibility to permitted fund uses, by allowing a grantee to use up to 10% of their funds for project operating accounts to cover shortfalls for projects assisted with trust fund dollars, to facilitate affordability for families below the SSI income limit.
H.Amdt845	Pass	An amendment numbered 3 printed in House Report 110-369 to amend the Affordable Housing Trust Fund homeownership counseling criteria to include flood or other disaster specific insurance in applicable regions.
H.Amdt846	Pass	An amendment numbered 4 printed in House Report 110-369 to include among the factors for consideration in selecting applicants to receive Trust Fund grant amounts, a consideration of the extent to which the design, construction, and operation of the housing reduces utility costs for residents.
H.Amdt847	Pass	An amendment numbered 5 printed in House Report 110-369 to allow grantees to give preference to public employees, including first responders and teachers, who cannot afford to live in high-cost areas. These workers would have to meet the income eligibility requirements stated in the text of H.R. 2895.
H.Amdt848	Pass	An amendment numbered 6 printed in House Report 110-369 to direct the Secretary of Housing and Urban Development to establish an internet-based `Green Housing Clearinghouse' including best practices, technical recommendations and other informational material regarding green building techniques. Additionally, grantees would be required to self-certify how many of the total units they built with money from the national affordable housing trust fund were green.
H.Amdt849	Pass	An amendment numbered 7 printed in House Report 110-369 to provide that, for the purpose of increasing accountability, previous grant recipients applying for new grants must include in their applications progress reports for projects for which they used funds in the previous fiscal year.
H.Amdt850	Fail	An amendment numbered 8 printed in House Report 110-369 to establish a National Affordable Housing Grant Fund program within the HOME program, which is currently administered through the U.S. Department of Housing and Urban Development.

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
June 28, 2007		October 10, 2007

Latest Vote

October 10, 2007Roll call number 958 in the House
Question: On Passage: H R 2895 National Affordable Housing Trust Fund Act of 2007
Required percentage of 'Aye' votes: 1/2 (50%)	Percentage of 'aye' votes: 61%	Result: Passed

Date	Chamber	Question	Aye	Nay	Result
October 10, 2007	House	H.R.2895 National Affordable Housing Trust Fund Act of 2007 On Passage: H R 2895 National Affordable Housing Trust Fund Act of 2007	264	148	Passed	See Vote
October 10, 2007	House	H.R.2895 National Affordable Housing Trust Fund Act of 2007 On Motion to Recommit with Instructions: H R 2895 National Affordable Housing Trust Fund Act of 2007	199	218	Failed	See Vote
October 10, 2007	House	H.R.2895 National Affordable Housing Trust Fund Act of 2007 On Agreeing to the Amendment: Amendment 8 to H R 2895	163	257	Failed	See Vote
October 10, 2007	House	H.R.2895 National Affordable Housing Trust Fund Act of 2007 On Agreeing to the Amendment: Amendment 1 to H R 2895	418	2	Agreed to	See Vote

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All Bill Actions

Oct 15, 2007: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 10, 2007: GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2895.
Oct 10, 2007: The Speaker designated the Honorable Tim Holden to act as Chairman of the Committee.
Oct 10, 2007: House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 720 and Rule XVIII.
Oct 10, 2007: Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
Oct 10, 2007: Considered under the provisions of rule H. Res. 720.
Oct 10, 2007: Rule H. Res. 720 passed House.
Oct 10, 2007: The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2895.
Passed roll in the House on Oct 10, 2007. On passage Passed by the Yeas and Nays: 264 - 148 (Roll no. 958).
Oct 10, 2007: On motion to recommit with instructions Failed by recorded vote: 199 - 218 (Roll no. 957).
Oct 10, 2007: The previous question on the motion to recommit with instructions was ordered without objection.
Oct 10, 2007: DEBATE - The House proceeded with 10 minutes of debate on the Musgrave motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with language inserting work requirements for residents.
Oct 10, 2007: Mrs. Musgrave moved to recommit with instructions to Financial Services.
Oct 10, 2007: The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
Oct 10, 2007: The previous question was ordered pursuant to the rule.
Oct 10, 2007: The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2895.
Oct 10, 2007: UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
Oct 10, 2007: POSTPONED PROCEEDINGS - At the conclusion of debate on the Neugebauer amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Neugebauer demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 20 minutes of debate on the Neugebauer amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Hastings (FL) amendment.
Oct 10, 2007: DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
Oct 10, 2007: POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank(MA) amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Frank(MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
Oct 09, 2007: Rules Committee Resolution H. Res. 720 Reported to House. Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
Added to calendar on Oct 02, 2007: Placed on the Union Calendar, Calendar No. 222..
Oct 02, 2007: Reported (Amended) by the Committee on Financial Services. H. Rept. 110-362.
Added to calendar on Jul 31, 2007: Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 23..
Jul 31, 2007: Committee Consideration and Mark-up Session Held.
Added to calendar on Jul 31, 2007: Ordered to be Reported (Amended) by Voice Vote..
Jul 26, 2007: Committee Consideration and Mark-up Session Held.
Jul 19, 2007: Committee Hearings Held.
Jun 28, 2007: Referred to the House Committee on Financial Services.
Introduced on Jun 28, 2007.

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In the News

October 13, 2007 US House Approves National Housing Trust Fund

Lawmakers passed HR 2895 by a vote of 264-148, a bill that creates a National Affordable Housing Trust Fund for producing, preserving, and rehabilitating ...

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Source: Political Affairs Magazine, NY

October 12, 2007 REAL ESTATE HAPPENINGS

... 1.5 million affordable homes in 10 years. The House voted Wednesday 264-148 to pass HR 2895, the National Affordable Housing Trust Fund Act of 2007.

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Source: Biloxi Sun Herald, USA

October 11, 2007 House OKs $1 billion-a-year housing fund

Supporters of HR 2895, the National Affordable Housing Trust Fund Act of 2007, say it would be the largest expansion in federal housing programs in decades ...

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Source: Inman.com (subscription), CA

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December 20, 2008 Florida Legislature proposes raid on Trust Funds for housing ...

Possibly related posts: (automatically generated). House Vote: National Affordable Housing Trust Fund, HR 2895 · Housing Trust Fund · National Housing Trust Fund Bill Passes the Senate and House! Will the mortgage problem deepen next ...

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Source: Specialgathering's Weblog

December 19, 2008 GPO Congressional Publication Releases Project - Law Librarians ...

Hearing: H.R. 2895: The National Affordable Housing Trust Fund Act of 2007. July 19, 2007. Serial No. 110-53. GPO Stock No. 552-070-36825-6. $22.00. GPO Access http://purl.access.gpo.gov/GPO/LPS89325. HOUSE FOREIGN AFFAIRS ...

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Source: Law Librarians' Society of Washington, DC - LLSDC

December 03, 2008 Congressman Dent helps lead passage of Affordable Housing Trust ...

Charlie Dent today applauded House passage of H.R. 2895, the National Affordable Housing Trust Fund Act of 2007, of which he is an original cosponsor. This national fund will help produce, rehabilitate and preserve 1.5 million units of ...

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Source: Pennsylvania RealEstateRama

179 more posts...
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National Affordable Housing Trust Fund Act of 2007

To establish the National Affordable Housing Trust Fund in the Treasury of the United States to provide for the construction, rehabilitation, and preservation of decent, safe, and affordable housing for low-income families.

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Amendments

Amendments to H.R.2895

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In the News

October 13, 2007 US House Approves National Housing Trust Fund

October 12, 2007 REAL ESTATE HAPPENINGS

October 11, 2007 House OKs $1 billion-a-year housing fund

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Blog Coverage

December 20, 2008 Florida Legislature proposes raid on Trust Funds for housing ...

December 19, 2008 GPO Congressional Publication Releases Project - Law Librarians ...

December 03, 2008 Congressman Dent helps lead passage of Affordable Housing Trust ...

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