Local Governmental Approval Act - Requires local governmental approval of low-income housing, apartment, or cooperative apartment developments under the National Housing Act before any Federal assistance payments are made.
Provides that any unit of local government may waive its right of approval under this Act or may elect to delegate its approval function to one of its agencies. (Amends 12 U.S.C. 1715-2, 17152-1)
Introduced in House
Introduced in House
Referred to House Committee on Banking and Currency.
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