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Managing America: Housing

TheWeekInCongress.com (TM)

Week Ending July 20, 2006

H.R.1982 To authorize appropriations for the rural housing and economic development program of the Department of Housing and Urban Development.

The Office of Rural Housing within HUD is authorized to implement an assistance program to support innovative housing and economic development programs in rural areas to included Indian tribes, state agencies for housing finance and state economic development agencies for communities as well as non-profit organizations and community development corporations.

The RHED is a competitive grant program begun in 1999 but was never formally authorized, the committee report noted. It has, though, provided $175.3 million in competitive grant to support innovative approaches to solve rural housing problems through the combination of economic and housing development. So far the program has created over 9 thousand jobs and 12 thousand housing units.

The bill requires that each member of a family age 18 or over have a valid Social Security number when applying for initial of continuing assistance.

Sponsor:  Rep. Ruben Hinjosa (D-TX-15^th)

Vote: Passed House 350 to 49 July 16, 2007 RC 631

Cost to the taxpayers: $30 million for 2008 and $40 million yearly through 2013. “CBO estimates that implementing the bill would cost about $100 million over the 2008-2012 period, with additional amounts spent in later years.”

Earmark Certification:   H.R. 1982 does not contain any congressional earmarks, limited tax benefits, or limited tariff benefits as defined in clause 9 of rule XXI.

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