Amendment, as modified, limits to fifty percent the amount an eligible public entity may use to make loan guarantees for economic development under the Community Development Block Grant loan guarantee program used for housing purposes.

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Amendment Number
1043
Description
Amendment, as modified, limits to fifty percent the amount an eligible public entity may use to make loan guarantees for economic development under the Community Development Block Grant loan guarantee program used for housing purposes.
Purpose
An amendment, printed as amendment No. 42 in the Congressional Record of May 7, 1996, to limit to 10% the portion of a city's loan guarantees for economic development under the Community Development Block Grant loan guarantee progam that could be used for housing activies.
Congress
104
Type
HAMDT
Latest Action Date
May 9, 1996
Latest Action Text
On agreeing to the Waters amendment (A027) as modified Agreed to by voice vote.
Latest Action Time
15:04:09
Submitted Date
May 9, 1996
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 1043 — Informed