Amendment increases the level of administrative fees provided to local housing authorities administering the rental assistance program; and establishes a two-tiered payment schedule that gives local authorities 7.65 percent of the base grant amount for the first 600 units and seven percent for all units in excess of 600 units.

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Amendment Number
1039
Description
Amendment increases the level of administrative fees provided to local housing authorities administering the rental assistance program; and establishes a two-tiered payment schedule that gives local authorities 7.65 percent of the base grant amount for the first 600 units and seven percent for all units in excess of 600 units.
Purpose
An amendment, printed in the Congressional Record of May 8, 1996 as amendment No. 47, to increase the level of administrative fees to local authorities for administering the consolidated tenant-based rental assistance program. The amendment would establish a two-tiered payment schedule that would give local authorities 7.65% of the base grant amount for the first 600 units for which assistance is provided, and 7% of the grant amount for all units in excess of 600 units.
Congress
104
Type
HAMDT
Latest Action Date
May 9, 1996
Latest Action Text
On agreeing to the Sanders amendment (A023) Agreed to by voice vote.
Latest Action Time
14:37:52
Submitted Date
May 9, 1996
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 1039 — Informed