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12/5/2007--Passed House amended. Section 202 Supportive Housing for the Elderly Act of 2007 - Title I: New Construction Reforms - (Sec. 101) Amends the Housing Act of 1959 regarding project rental assistance for supportive housing for the elderly. Changes from discretionary to mandatory the authority of the Secretary of Housing and Urban Development to adjust the annual amount of a contract for project rental assistance to provide for reasonable project costs (including adequate reserves, supportive services, and service coordinators). States that contract amounts not used by a project during a contract term shall not be available for such adjustments upon renewal. Requires increased contract amounts, subject to reasonable review and limitations, in emergency situations outside the owner's control. (Sec. 102) Modifies selection criteria. Requires the Secretary's selection criteria to include the extent to which the applicant has ensured that a service coordinator will be employed or retained who has the managerial capacity and responsibility for: (1) assessing the service needs of residents on an ongoing basis; and (2) coordinating the provision of supportive services, as well as tailoring them to the individual needs of residents. Directs the Secretary, in issuing a capital advance for specified kinds of construction, rehabilitation, or real property acquisition and related projects, to delegate review and processing of selected capital advance projects to a state or local housing agency meeting certain criteria within 30 days of the award of the capital advance. Requires the Secretary to retain the authority to process capital advances if no state or local housing agency has either applied to provide delegated processing, or agreed with the Secretary to serve as a delegated processing agency. Instructs the Secretary to develop a schedule of reasonable fees to be paid to delegated processing agencies. (Sec. 104) States that owner deposits shall be used only to cover operating deficits during the first three years of operations and shall not be used to cover construction shortfalls or inadequate initial project rental assistance amounts.<br/>(Sec. 105) Allows a national private, nonprofit owner of multiple housing projects to satisfy local governing board requirements by adding a local advisory board to its national governing board. (Sec. 106) Directs the Secretary, subject to certain requirements, to permit an owner of assisted supportive housing for the elderly to apply for a preference in tenant selection for homeless elderly. (Sec. 107) Modifies requirements for allocation of funds to nonmetropolitan areas to direct the Secretary either to operate a national competition for the nonmetropolitan funds, or to make allocations to regional offices of the Department of Housing and Urban Development (HUD). Title II: Refinancing - (Sec. 201) Amends the American Homeownership and Economic Opportunity Act of 2000 to revise requirements governing prepayment of debt for project-based rental housing assistance programs. Declares that a project sponsor's prepayment of indebtedness to the Secretary may involve refinancing of the loan if such refinancing results in a transaction in which the project owner will address the physical needs of the project, but only if as a result of the refinancing: (1) the rent charges for unassisted families residing in the project do not increase or such families are provided rental assistance under a senior preservation rental assistance contract; and (2) the overall cost for providing section 8 rental assistance for the project (if any) does not increase. (Sec. 202) Directs (current law merely authorizes) the Secretary, for purposes of underwriting a loan insured under the National Housing Act, to assume that any section 8 rental assistance contract relating to a project will be renewed for the term of such loan. Requires the Secretary to make the same assumption when approving the standards used by authorized lenders to underwrite a loan refinanced with risk sharing. (In effect, authorizes new lenders to underwrite loans refinanced with risk sharing loans.) (Sec. 203) Revises requirements for use of unexpended amounts. Requires the Secretary to make available at least 50% of the annual savings resulting from reduced section 8 or other rental housing assistance contracts in a manner that is either: (1) advantageous to the tenants (as under existing law); or (2) used in the provision of affordable rental housing and related social services for elderly persons by the private nonprofit organization's project owner, sponsor, or developer. Eliminates the 15% limitation on the use of unexpended funds for supportive services. Allows the use of unexpended funds for: (1) the cost of reducing and reconfiguring obsolete units; (2) the payment of a developer's fee, determined in specified ways; and (3) the payment of equity, calculated on the basis of the project's appraised value, in the case of sale or refinance. (Sec. 204) Authorizes the use of residual receipts held for a project, in connection with a prepayment or refinancing, in excess of $500 per unit for activities to increase the availability or provision of supportive services or other purposes approved by the Secretary. (Sec. 205) Directs the Secretary to provide 20-year project-based rental assistance for a project under a senior preservation rental assistance contract in order to: (1) prevent displacement of elderly project residents in the case of refinancing or recapitalization; and (2) further project preservation and affordability. (Sec. 206) Instructs the Secretary to study and report to Congress on: (1) a cost-benefit analysis of implementing a program under which the Secretary may sell mortgages associated with specified loans for supportive housing for the elderly; and (2) implementation of a demonstration program for sales of portfolios of such mortgages to housing finance agencies in three states. Title III: Assisted Living Facilities - (Sec. 301) Amends the United States Housing Act of 1937 to revise the definition of &quot;assisted living facility&quot; to mean one owned by a private nonprofit organization, and either: (1) is licensed and regulated by the state or municipality or other political subdivision in which the facility is located; or (2) makes supportive services available to assist residents in carrying out the activities of daily living (ADLs), and provides separate dwelling units for residents, each of which may contain a full kitchen and bathroom. (Sec. 302) Revises requirements for the monthly rental assistance on behalf of a family that uses an assisted living facility as a principal place of residence. Provides that a family may be required at the time it initially receives such assistance to pay rent in an amount exceeding 40% of its monthly adjusted income. Title IV: Facilitating Affordable Housing Preservation Transactions - (Sec. 401) Prohibits the Secretary from imposing conditions upon the proceeds from the sale or refinancing of a multifamily housing project, or the transfer of an assistance contract on such property, where the Secretary's approval of prepayment is required, unless such condition is expressly authorized by an existing contract entered into between the Secretary and the project owner before enactment of this Act. Declares any such condition previously imposed by the Secretary after January 1, 2005, at the project owner's option, to be considered void and unenforceable. Requires any agreement containing such a condition to be rescinded, and permits its subsequent re-issuance without the void condition.<br/>

1196917200 2007-12-06 Thu Nov 06 23:43:51 -0600 2008 passed house 44952 '202':2 'act':8 '2007':10 'hous':4 'elder':7 'section':1 'support':3 58883 false short introduced 44952 '202':2 'act':8 '2007':10 'hous':4 'elder':7 'section':1 'support':3 51210 short introduced 44952 '202':4 'act':8 '1959':10 'hous':7,20 'amend':2 'elder':23 'improv':12 'purpos':27 'program':14 'section':3,17 'support':19 48075 official action 44952 1196917200 Thu Dec 06 00:00:00 -0600 2007 137835 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. M001164 Tim 'tim':1,3,5 'mahoney':2,4,6 M 412197 Mahoney Timothy_Mahoney Tim Mahoney N00027804 5082 Democrat Tim Mahoney B001234 1947-01-23 1527 Longworth House Office Building http://www.house.gov/baca/zipauth.shtml 43 202-225-8671 Joe 'd':4 'ca':5 '-43':6 'joe':2,7,9 'rep':1 'baca':3,8,10 M 400009 Baca Joe_Baca Rep. Joe Baca [D, CA-43] N00007089 7904 Democrat 202-225-6161 CA Joe Baca 2.66666666666667 http://www.house.gov/baca/ B001232 1937-08-15 1034 Longworth House Office Building http://judybiggert.house.gov/ContactJudy.aspx 13 202-225-9420 Judy 'r':4 'il':5 '-13':6 'rep':1 'judi':2,7,9 'biggert':3,8,10 F 400027 Biggert Judy_Biggert Rep. Judy Biggert [R, IL-13] N00004762 7355 Republican 202-225-3515 Episcopalian IL Judy Biggert 4.90909090909091 http://judybiggert.house.gov/ B001247 1943-10-05 414 Cannon House Office Building https://forms.house.gov/brown-waite/IMA/issue_subscribe.htm 5 202-226-6559 Virginia 'r':6 '-5':8 'fl':7 'rep':1 'wait':5,12,17 'brown':4,11,16 'ginni':13 'virginia':2,9,14 'brown-wait':3,10,15 F 400051 Brown-Waite Ginny_Brown-Waite Rep. Virginia Brown-Waite [R, FL-5] Ginny N00024777 8757 Republican 202-225-1002 Catholic FL Ginny Virginia Brown-Waite 3.4 http://brown-waite.house.gov/ C000380 1945-09-19 1510 Longworth House Office Building http://www.house.gov/writerep/ 0 202-225-5517 Donna 'd':4 '-0':6 'vi':5 'rep':1 'donna':2,7,9 'christensen':3,8,10 F 400073 Christensen Donna_M._Christensen M. Rep. Donna Christensen [D, VI-0] N00000133 5176 Democrat 202-225-1790 Moravian VI Donna Christensen http://www.house.gov/christian-christensen/ C001067 1964-11-21 1029 Longworth House Office Building http://clarke.house.gov/contactform_zipcheck.shtml 11 202-226-0112 Yvette 'd':4 'ny':5 '-11':6 'rep':1 'clark':3,8,10 'yvett':2,7,9 F 412221 Clarke Yvette_Clarke D. Rep. Yvette Clarke [D, NY-11] N00026961 7321 Democrat 202-225-6231 NY Yvette Clarke 2.0 http://clarke.house.gov/ E000287 1959-11-29 5 Rahm 'd':4 '-5':6 'il':5 'rep':1 'rahm':2,7,9 'emanuel':3,8,10 M 400120 Emanuel Rahm_Emanuel Rep. Rahm Emanuel [D, IL-5] N00024813 7417 Democrat Jewish IL Rahm Emanuel 3.0 F000339 1940-03-31 2252 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-0182 Barney 'd':4 '-4':6 'ma':5 'rep':1 'frank':3,8,10 'barney':2,7,9 M 400140 Frank Barney_Frank Rep. Barney Frank [D, MA-4] N00000275 17433 Democrat 202-225-5931 Jewish MA Barney Frank 2.64285714285714 http://www.house.gov/frank/ G000551 1948-02-19 1440 Longworth House Office Building http://grijalva.house.gov/?sectionid=49&sectiontree=2,49 7 202-225-1541 Raul 'd':4 '-7':6 'az':5 'rep':1 'raul':2,7,9 'grijalva':3,8,10 M 400162 Grijalva M. Rep. Raul Grijalva [D, AZ-7] N00025284 7279 Democrat 202-225-2435 Roman Catholic AZ Raul Grijalva 3.46666666666667 http://grijalva.house.gov/ L000562 1955-03-31 221 Cannon House Office Building http://www.house.gov/writerep 9 202-225-3984 Stephen 'd':4 '-9':6 'ma':5 'rep':1 'lynch':3,8,10 'stephen':2,7,9 M 400249 Lynch Stephen_F._Lynch F. Rep. Stephen Lynch [D, MA-9] N00013855 6145 Democrat 202-225-8273 MA Stephen Lynch 1.14285714285714 http://www.house.gov/lynch/ M001166 312 Cannon House Office Building http://mcnerney.house.gov/contact.shtml 11 202-225-4060 Jerry 'd':4 'ca':5 '-11':6 'rep':1 'jerri':2,7,9 'mcnerney':3,8,10 M 412189 McNerney Jerry_McNerney Rep. Jerry McNerney [D, CA-11] N00026926 6199 Democrat 202-225-1947 CA Jerry Jerry McNerney 1.36363636363636 http://mcnerney.house.gov/ S001145 1944-05-26 1027 Longworth House Office Building http://www.house.gov/schakowsky/contact.shtml 9 202-226-6890 Janice 'd':4 '-9':6 'il':5 'jan':9 'rep':1 'janic':2,7,10 'schakowski':3,8,11 F 400360 Schakowsky Janice_D._Schakowsky D. Rep. Janice Schakowsky [D, IL-9] Jan N00004724 7669 Democrat 202-225-2111 Jewish IL Jan Janice Schakowsky 2.81818181818182 http://www.house.gov/schakowsky JanSchakowsky S001165 1951-01-26 1024 Longworth House Office Building https://forms.house.gov/sires/webforms/issue_subscribe.htm 13 202-226-0792 Albio 'd':4 'nj':5 '-13':6 'rep':1 'sire':3,8,10 'albio':2,7,9 M 412186 Sires Albio_Sires Rep. Albio Sires [D, NJ-13] N00027523 5617 Democrat 202-225-7919 NJ Albio Sires http://www.house.gov/sires/ RepSiresNJ13 W000187 1938-08-15 2344 Rayburn House Office Building http://www.house.gov/waters/IMA/issue.htm 35 202-225-7854 Maxine 'd':4 'ca':5 '-35':6 'rep':1 'maxin':2,7,9 'water':3,8,10 F 400422 Waters Maxine_Waters Rep. Maxine Waters [D, CA-35] N00006690 8186 Democrat 202-225-2201 Christian CA Maxine Waters 1.83333333333333 http://www.house.gov/waters/ MaxineWaters W000800 1404 Longworth House Office Building http://www.house.gov/formwelch/issue_subscribe.htm 0 202-225-6790 Peter 'd':4 '-0':6 'vt':5 'rep':1 'peter':2,7,9 'welch':3,8,10 M 412239 Welch Peter_Welch Rep. Peter Welch [D, VT-0] N00000515 8019 Democrat 202-225-4115 VT Peter Welch 5.0 http://welch.house.gov/ W000314 1961-01-02 2241 Rayburn House Office Building http://wexler.house.gov/email.shtml 19 202-225-5974 Robert 'd':4 'fl':5 '-19':6 'rep':1 'robert':2,7,9 'wexler':3,8,10 M 400430 Wexler Robert_Wexler Rep. Robert Wexler [D, FL-19] N00002905 7976 Democrat 202-225-3001 Jewish FL Robert Wexler 4.38888888888889 http://wexler.house.gov/ CongressmanWexler action 44952 1196917200 Thu Dec 06 00:00:00 -0600 2007 137835 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. action 44952 1196916360 Wed Dec 05 12:46:00 -0600 2007 137832 Mr. Mahoney (FL) moved to suspend the rules and pass the bill, as amended. action 44952 1196916360 Wed Dec 05 12:46:00 -0600 2007 153372 DEBATE - The House proceeded with forty minutes of debate on H.R. 2930. action 44952 1196916360 Wed Dec 05 12:46:00 -0600 2007 137833 Considered under suspension of the rules. vote 44952 1196874300 Wed Dec 05 13:05:00 -0600 2007 by voice vote 137834 pass On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. vote h calendar 44952 1196797800 Tue Dec 04 15:50:00 -0600 2007 137831 Placed on the Union Calendar, Calendar No. 287. action 44952 1196797740 Tue Dec 04 15:49:00 -0600 2007 137830 Reported (Amended) by the Committee on Financial Services. H. Rept. 110-463. calendar 44952 1190692800 Tue Sep 25 00:00:00 -0500 2007 133436 Ordered to be Reported (Amended) by Voice Vote. action 44952 1190692800 Tue Sep 25 00:00:00 -0500 2007 133435 Committee Consideration and Mark-up Session Held. action 44952 1189051200 Thu Sep 06 00:00:00 -0500 2007 129179 Committee Hearings Held. action 44952 1188964800 Wed Sep 05 00:00:00 -0500 2007 128111 Referred to the Subcommittee on Housing and Community Opportunity. introduced 44952 1183003200 Thu Jun 28 00:00:00 -0500 2007 120481 action 44952 1183003200 Thu Jun 28 00:00:00 -0500 2007 120482 Referred to the House Committee on Financial Services.