H.R.3635: Senior Citizens' Housing Financial Restructuring Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about economics and public finance
  • Introduced April 1, 1998
  • Latest Major Action April 9, 1998

Bill Sponsor

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Housing and Community Opportunity.
April 1, 1998

Introduced in the House by Rick Lazio (R-N.Y.)

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