Housing Assistance Council Program Reauthorization Act of 2010

Housing Assistance Council Program Reauthorization Act of 2010 - Authorizes the Secretary of Housing and Urban Development (HUD) to provide financial assistance to the Housing Assistance Council to develop the ability and capacity of community-based housing development organizations to undertake community development and affordable housing projects and programs in rural areas.

Authorizes the Council to use such assistance for rural community-based housing development organizations to acquire: (1) technical assistance, training, support, and advice to develop the business and administrative capabilities of such organizations; and (2) loans, grants, or other financial assistance to them to carry out community development and affordable housing activities for low- and moderate-income families.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5122 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 5122

    To authorize appropriations for the Housing Assistance Council.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 22, 2010

Mr. Hinojosa (for himself, Mr. Frank of Massachusetts, Ms. Waters, Mr. 
  Pastor of Arizona, Mr. Clay, Mr. Ellison, Mr. Lujan, Mr. Wilson of 
 Ohio, and Mr. Thompson of Mississippi) introduced the following bill; 
       which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
    To authorize appropriations for the Housing Assistance Council.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Housing Assistance Council Program 
Reauthorization Act of 2010''.

SEC. 2. ASSISTANCE TO HOUSING ASSISTANCE COUNCIL.

    (a) Use.--The Secretary of Housing and Urban Development may 
provide financial assistance to the Housing Assistance Council for use 
by such Council to develop the ability and capacity of community-based 
housing development organizations to undertake community development 
and affordable housing projects and programs in rural areas. Assistance 
provided by the Secretary under this section may be used by the Housing 
Assistance Council for--
            (1) technical assistance, training, support, and advice to 
        develop the business and administrative capabilities of rural 
        community-based housing development organizations;
            (2) loans, grants, or other financial assistance to rural 
        community-based housing development organizations to carry out 
        community development and affordable housing activities for 
        low- and moderate-income families; and
            (3) such other activities as may be determined by the 
        Housing Assistance Council.
    (b) Authorization of Appropriations.--There is authorized to be 
appropriated for financial assistance under this section for the 
Housing Assistance Council--
            (1) $10,000,000 for fiscal year 2012; and
            (2) $15,000,000 for each of fiscal years 2013, 2014, 2015, 
        2016, and 2017.
                                 <all>