H.R. 1957 · 108th Congress
To provide for renewal of project-based assisted housing contracts at reimbursement levels that are sufficient to sustain operations, and for other purposes.
- Stage
- In committee
- Sponsor
- Rob Andrews
- Introduced
- 2003-05-06
- Latest action
- 2003-05-23 · Referred to the Subcommittee on Housing and Community Opportunity.
Summary
Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 to revise the (rental) reimbursement levels for expiring project-based section 8 contracts. (Eliminates the existing reimbursement based upon the lesser of adjusted existing, fair market, or market rents for expiring moderate rehabilitation project contracts.)