Amendment established a 10-year demonstration program to encourage private development of mixed income housing in communities surrounding existing public housing projects; and required that 25% of the units to be privately developed be reserved for very low-income families for the life of the building.

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Amendment Number
640
Description
Amendment established a 10-year demonstration program to encourage private development of mixed income housing in communities surrounding existing public housing projects; and required that 25% of the units to be privately developed be reserved for very low-income families for the life of the building.
Purpose
An amendment to establish a 10-year demonstration project in up to four cities to encourage private development of mixed income housing in communities surrounding existing public housing projects. The amendment would require that 25% of the units to be privately developed be reserved for very low income families for the life of the building. Rents from these units could make up to 30% of the building's income but could not exceed the maximum for rents established by the local housing authority.
Congress
101
Type
HAMDT
Latest Action Date
Jul 31, 1990
Latest Action Text
On agreeing to the Flake amendment (A008) Agreed to by voice vote.
Latest Action Time
16:35:56
Submitted Date
Jul 31, 1990
Chamber
House of Representatives
Update Date
Jul 1, 2021
Amendment 640 — Informed