Delgado Applauds House Passage of Legislation to Support Modernizations in Affordable Housing for Struggling Families
WASHINGTON, DC—Following an in-district work week focused on affordable housing and poverty in Upstate New York, Representative Antonio Delgado (NY-19) applauded House passage of three bipartisan bills to make important modernizations to the affordable housing landscape.
“Access to safe and affordable housing is essential for economic development and upward mobility in our communities. During my most recent in-district work week, I met with community leaders, stakeholders, and toured a number of affordable housing communities to hear directly from residents about their experiences living in low-income housing and its impact on their families—and it is clear reforms are needed. This week, the House took important steps to modernize homebuyer assistance, expand affordable housing in rural areas, and ensure all federally-assisted housing units have carbon monoxide detectors.” Delgado continued, “These bills are important updates to affordable housing structures, and will improve access to housing for working families and those living in poverty. I was proud to join my colleagues on both sides of the aisle in supporting their passage and encourage the Senate to take up these measures in short order to modernize affordable housing for millions of Americans.”
This week, the bipartisan coalitions in the House voted to pass:
H.R. 2852, Homebuyer Assistance Act of 2019: This bill modifies requirements for appraisers of Federal Housing Administration (FHA)-insured mortgages. The purpose of H.R. 2852 is to address the current shortage of certified appraisers by reducing the number of hurdles that appraisers currently face before being permitted to perform appraisals for FHA mortgages. This legislation would align the Federal standards for FHA appraisers with the minimum requirements already in place for other mortgage-types such as those involving Fannie Mae and Freddie Mac.
H.R. 3620, Strategy and Investment in Rural Housing Preservation Act of 2019: This bill would permanently authorize the Multifamily Housing Preservation and Revitalization program. Multifamily housing programs offer rural rental housing loans to provide affordable multifamily rental housing for very low-, low-, and moderate-income families, the elderly, and persons with disabilities. The measure authorizes $1 billion over five years for the Multifamily Housing Preservation and Revitalization program, which allows the Agriculture Department restructure and preserve loans it has financed for low-income families and farm workers. The purpose of this bill is to preserve affordable homes and avoid displacement in rural areas.
H.R. 1690, Safe Housing for Families Act of 2019: This bill would require property owners to install at least one carbon monoxide detector per floor in all federally-assisted housing units; this would include properties undergoing rehabilitation. H.R. 1690 also requires the Secretary to implement specific standards for carbon monoxide placement and monitoring.