Amendment allowed private developers to purchase section 505 rural family housing from FmHA and convert it to section 515 rural multifamily rental housing.

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Amendment Number
644
Description
Amendment allowed private developers to purchase section 505 rural family housing from FmHA and convert it to section 515 rural multifamily rental housing.
Purpose
An amendment to permit private developers to purchase and rehabilitate vacant residential properties owned by FmHA and to make these properties eligible for rental assistance.
Congress
101
Type
HAMDT
Latest Action Date
Jul 31, 1990
Latest Action Text
On agreeing to the Neal (NC) amendment (A012) Agreed to by voice vote.
Latest Action Time
17:06:49
Submitted Date
Jul 31, 1990
Chamber
House of Representatives
Update Date
Jul 1, 2021
Amendment 644 — Informed