Housing Assurance Act - Housing the Homeless Act of 1986 - Title I: Prevention of Homelessness - Subtitle A: Prevention of Evictions and Foreclosures - Sets forth conditions which must be met before evicting a tenant from any federally assisted rental housing project.
Directs the Secretary of Housing and Urban Development to: (1) provide grants for emergency rent relief payments to landlords on behalf of tenants facing eviction; and (2) provide mortgage foreclosure assistance. Authorizes FY 1987 appropriations.
Establishes in the Treasury the Homeowners Relief Fund. Authorizes FY 1987 appropriations.
Subtitle B: Preservation of Low-Income Housing - Provides for the preservation of single room occupancy buildings under the following programs: (1) community development block grants; (2) urban development action grants; (3) the existing housing program; and (4) the moderate rehabilitation program.
Authorizes FY 1987 appropriations for rural housing.
Subtitle C: Prevention of Homelessness of Disabled and Instutionalized Persons - Provides for the eligibility of mentally ill persons for federally assisted housing.
Title II: Increased Low-Income Housing - Increases funding for existing housing and moderate rehabilitation programs. Authorizes FY 1987 appropriations.
Provides for the increased availability of tax-foreclosed property to house the homeless.
Obligates funds for FY 1987 under the community development block grants and housing for the elderly or handicapped programs for mentally ill homeless persons.
Title III: Effective Date - Makes the provisions of this Act effective on October 1, 1986.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Housing and Community Development.
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