H.R. 3825 · 112th Congress
Work Force Housing Act of 2011
- Stage
- In committee
- Sponsor
- Mike Pompeo
- Introduced
- 2012-01-25
- Latest action
- 2012-02-09 · Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Summary
Work Force Housing Act of 2011 - Amends the National Housing Act to exempt a work force residential housing property from the prohibition against the use of multifamily housing under a federally insured mortgage for transient or hotel purposes (thus authorizing such use).
Defines "work force residential housing property" as multifamily housing: (1) whose dwelling units are rented for a minimum stay of seven days, and (2) that does not provide retail hotel amenities.