,i #aag? ,,congress #a/ ,session ,h4 ,r4 #dbcg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #bi1 #bjba ,ms4 ,pressley 7= h]self1 ,ms4 ,wat]s1 & ,ms4 ,tlaib7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to protect & emp[] resid5ts ( c]ta9 f$]ally assi/$ r5tal h\s+1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,t5ant ,emp[]m5t ,act ( #bjba4 #b4 ,ma9t5ance ( h\s+ 7a7 ,project-,bas$ assi/ance ,section #h7;d7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7d77 is am5d$ by add+ at ! end ! foll[+ new p>agraphs3 7#g7 ,en=cem5t ( h\s+ /&>ds relat$ to physical condition ( prop]ty ,if ! ,secret>y det]m9es1 ^u any inspection or managem5t review = any multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is section1 t !re are s]i\s violations ( h\s+ /&>ds applicable to su* project t are n correct$ aft] reasonable notice1 or any o!r sub/antial or repeat$ violations ( o!r program requirem5ts1 includ+ resid5ts' "r to organize1 ! ,secret>y may take "o or m ( ! foll[+ actions 9 addition to o!r rem$ies all[$ "u ! contract3 7,a7 ,)hold all or "p ( ! h\s+ assi/ance paym5ts due "u ! contract4 7,b7 ,)hold any r5t increases o!rwise due4 7,c7 ,assume possession & managem5t ( ! project & take any actions necess>y to correct ! violations1 includ+ us+ su* )held paym5ts to effectuate repairs or to reimburse o!rs :o make repairs4 7,d7 ,use su* )held paym5ts to pay = utilities & o!r s]vices t are ! responsibility ( ! own] "u ! lease or applicable law4 7#h7 ,escr[ ( t5ant r5ts 7,a7 ,)hold+ ( r5t ,if ! ,secret>y det]m9es1 pursuant to p>agraph 7#g71 t !re are s]i\s violations ( h\s+ /&>ds applicable to any multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is section1 includ+ a fail$ physical inspection score1 an unsatisfactory managem5t & occupancy review score1 or a notice ( violation ( "r to organize regulations "u subp>t ,b ( "p #bde ( title #bd1 ,code ( ,f$]al ,regulations1 any t5ants 9 assi/$ units 9 ! project may )hold ! t5ant contribution t[>d r5t & pay su* am\nt1 :5 due1 into an escr[ fund 9 accordance ) proc$ures e/abli%$ by ! ,secret>y4 ,if a t5ant )holds ! t5ant contribution t[>d r5t 9 accordance ) ?is p>agraph1 ! ,secret>y %all )hold all or "p ( ! h\s+ assi/ance paym5ts due "u ! contract = ! unit until ! violations are rem$i$4 ,if an own] has complet$ a pur*ase ( multifamily h\s+ f\nd 9 violation "u ?is p>agraph & comm5c$ a repair program to rem$iate ^! violations1 t5ants ex]cis+ ?is "r may negotiate a /ag$ release ( funds held 9 escr[ ^u rea*+ measurable b5*m>ks z e/abli%$ by ! ,secret>y1 includ+ consultation ) ! t5ants ( ! prop]ty & any legitimate t5ants' association1 z def9$ 9 subp>t ,b ( "p #bde ( title #bd1 ,code ( ,f$]al ,regulations4 7,b7 ,repair & ,d$uct ,any t5ant ( a multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is section may make paym5ts f ! t5ant's contribution t[>d r5t1 n to exce$ ! mon?ly gross r5t = ! unit1 to effectuate ! co/ ( repairs or mitigation to br+ _! unit into compliance ) h\s+ quality /&>ds1 & to d$uct ! docum5t$ co/ f _! r5t1 9 accordance ) proc$ures e/abli%$ by ! ,secret>y4 7,c7 ,prohibition ,an own] ( a project %all n evict t5ants = nonpaym5t ( r5t = ex]cis+ rights "u ?is p>agraph4 7,d7 ,rule ( con/ruction ,no?+ 9 ?is p>agraph %all be con/ru$ to limit or pre-empt any /rong] protections :i* may exi/ "u ,/ate or local law4 7#i7 ,protection ( t5ants ,an own] ( a multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is subsection may n t]m9ate ! t5ancy ( any t5ant because ( ! )hold+ or abatem5t ( assi/ance pursuant to ?is subsection4 ,dur+ ! p]iod t assi/ance is abat$ pursuant to ?is subsection1 ! t5ant may t]m9ate ! t5ancy by notify+ ! own]4 7#aj7 ,inspections ^u reque/ or petition ,9 addition to p]iodic inspections by ! ,secret>y1 ! ,secret>y %all conduct an inspection or managem5t review ( any multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is section :5 reque/$ by ! local gov]nm5t 9 :i* ! project is locat$ or by a petition sign$ by n less ?an #be p]c5t ( ! t5ants ( ! occupi$ units 9 ! project4 4 7b7 ,,pha project-,bas$ assi/ance ,p>agraph 7#ac7 ( section #h7o7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7o77#ac77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,n7 ,ma9t5ance ( h\s+ ,p>agraphs 7#g7 ?r\gh 7#aj7 ( subsection 7d7 ( ?is section %all apply ) respect to a multifamily h\s+ project cov]$ by a h\s+ assi/ance paym5ts contract "u ?is p>agraph1 except t 9 apply+ su* p>agraphs-- 7i7 ! t]m public h\s+ ag5cy %all be sub/itut$ = ! t]m ,secret>y2 & 7ii7 ! t]m contract "u ?is p>agraph %all be sub/itut$ = ! t]m contract "u ?is section4 4 #c4 ,resid5t en=cem5t ( project own] agreem5ts ) ,,hud & ,,usda 7a7 ,9 g5]al ,9 ea* cov]$ agreem5t1 z su* t]m is def9$ 9 subsection 7c71 any resid5t1 or resid5t association1 ( an affect$ project %all be p]mitt$ to petition ! appropriate ,secret>y reque/+ en=cem5t ( alleg$ s]i\s violations ( h\s+ /&>ds t are n correct$ aft] reasonable notice1 or any o!r sub/antial or repeat$ violations ( o!r program requirem5ts1 includ+ ! "r ( resid5ts to organize4 7b7 ,judicial relief ,if ! appropriate ,secret>y1 or ! designee ( ! appropriate ,secret>y1 fails to issue a det]m9ation reg>d+ an en=cem5t reque/ made pursuant to subsection 7a71 or if ! det]m9ation fails to provide ! en=cem5t action reque/$ )9 #ij days aft] receipt ( ! petition1 ! resid5t1 or resid5t or t5ant association1 may seek appropriate judicial relief 9 connection ) ! alleg$ violation & en=cem5t ( ! cov]$ agreem5t 9 any =um ( compet5t jurisdiction4 ,9 ! case ( any alleg$ violation t ?reat5s ! heal? or safety ( t5ants1 ! "t p]iod = mak+ su* a det]m9ation %all n exce$ #ae days4 7c7 ,def9itions ,= purposes ( ?is section1 ! foll[+ def9itions %all apply3 7#a7 ,appropriate ,secret>y ,! t]m appropriate ,secret>y means1 ) respect to a cov]$ agreem5t1 ! ,secret>y id5tifi$ 9 p>agraph 7#b74 7#b7 ,cov]$ agreem5t ,! t]m cov]$ agreem5t means any-- 7,a7 a contract betwe5 ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 a contract adm9i/rator1 or any public h\s+ ag5cy & an own] = project-bas$ h\s+ assi/ance paym5ts "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f72 7,b7 agreem5t "u ! ,multifamily ,assi/$ ,h\s+ ,re=m & ,af=dability ,act ( #aiig 7#db ,u4,s4,c4 #adcg;f note7 =-- 7i7 ,m>k-to-,m>ket ,re/ructur+ ,commitm5ts1 section #h r5tal assi/ance = a project involv+ any action "u section #eag7;b7 or section #eai ( su* ,act2 or 7ii7 ,rehabilitation ,escr[ ,deposit ,agreem5ts = ,m>k-to-,m>ket2 7,c7 contract = mortgage insurance execut$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t & any own] or pur*as] ( a multifamily h\s+ project2 7,d7 agreem5t ) ! ,secret>y ( ,agriculture 9 connection ) a loan = rural r5tal h\s+ "u section #eae ( ! ,h\s+ ,act ( #aidi 7#db ,u4,s4 ,c4 #adhe72 or 7,e7 o!r ,regulatory ,agreem5ts1 ,compliance ,agreem5ts1 ,use ,agreem5ts1 or simil> contracts betwe5 ! appropriate ,secret>y & ! own] t e/abli% h\s+ quality requirem5ts or af=dability re/rictions4 7d7 ,regulations ,)9 #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ea* appropriate ,secret>y %all issue regulations provid+ proc$ures =-- 7#a7 receiv+ t5ant petitions to en=ce ! t]ms ( a cov]$ agreem5t2 7#b7 evaluat+ alleg$ violations ( a cov]$ agreem5t2 & 7#c7 provid+ notice to resid5ts & resid5t associations4 7e7 ,protection ( o!r t5ant rights ,?is section %all n be con/ru$ to limit or replace ! rights ( resid5ts to raise grievances1 appeal decisions1 or make o!r claims provid$ "u any o!r provision ( law4 #d4 ,resid5t access to build+ in=mation 7a7 ,access to in=mation ,^u a writt5 reque/ by a legitimate resid5ts association e/abli%$ ) respect to a multifamily h\s+ prop]ty to :i* section #bjb ( ! ,h\s+ & ,community ,developm5t ,am5dm5ts ( #aigh 7#ab ,u4,s4,c4 #agaez-#a;b7 applies1 by or ?r\gh its duly appo9t$ designee or repres5tative1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all make available to su* association1 designee1 or repres5tative1 = ! prop]ty repres5t$ by ! association-- 7#a7 in=mation id5tify+ ! legal entities t own or manage ! subject prop]ty1 includ+ id5tification ( g5]al p>tn]s & o!r pr9cipals2 7#b7 an annual op]at+ /atem5t ( pr(it & loss ( ! own]%ip & managem5t entities id5tifi$ 9 p>agraph 7#a71 & _! o!r curr5t or =m] prop]ties assi/$ by ! ,dep>tm5t1 includ+ ! hi/ory & curr5t /atus ( mortgage assignm5ts1 defaults1 =eclosures1 or dep>tm5tal sanctions2 7#c7 any subsidy contracts & regulatory agreem5ts1 use agreem5ts1 or o!r contracts ref]r$ to 9 section #c7;c77#b7 ( ?is ,act betwe5 ! own]%ip entities & ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 includ+ correspond5ce betwe5 su* own]%ip entities & ! ,dep>tm5t = ! subject prop]ty2 7#d7 any managem5t reviews1 physical inspection reports1 & capital ne$s assessm5ts ( ! subject prop]ty or entities id5tifi$ 9 p>agraph 7#a7 t are conduct$ by ! ,dep>tm5t or a contractor ( ! ,dep>tm5t2 & 7#e7 an annual /atem5t1 prep>$ by ! ,dep>tm5t or a contract adm9i/rator = ! subject prop]ty1 ( ! balances (1 & exp5ditures f1 any replacem5t res]ves & o!r escr[ funds = ! prop]ty4 7b7 ,protection ( p]sonal in=mation ,subsection 7a7 %all n be con/ru$ to require disclosure ( ,social ,security numb]s1 p]sonal tax returns1 or any o!r p]sonal f9ancial in=mation ( or conc]n+ individuals :o h an int]e/ 9 ! own]%ip or managem5t entities ref]r$ to 9 subsection 7a71 includ+ sal>ies or wages ( employees ( su* entities4 ,9 comply+ ) ! requirem5ts ( subsection 7a71 ! ,secret>y %all n disclose1 & %all r$act1 any in=mation t id5tifies1 or may be us$ to id5tify1 a resid5t ( ! multifamily h\s+ prop]ty4 #e4 ,fund+ = t5ant & o!r p>ticipation & capacity build+ ,p>agraph 7#c7 ( section #ead7;f7 ( ! ,multifamily ,assi/$ ,h\s+ ,re=m & ,af=dability ,act ( #aiig 7#db ,u4,s4,c4 #adcg;f note7 is am5d$-- 7#a7 9 subp>agraph 7,a7-- 7,a7 9 ! fir/ s5t5ce-- 7i7 by /rik+ n m ?an & ins]t+ n less ?an2 7ii7 by /rik+ ( l[-income h\s+ = :i* project-bas$ r5tal assi/ance is provid$ at bel[ m>ket r5t levels & may n be r5ew$1 7includ+ transf] ( developm5ts to t5ant gr\ps1 nonpr(it organizations1 & public entities71 = t5ant s]vices & ins]t+ ! foll[+3 & improvem5t ( l[-income h\s+ = :i* project-bas$ r5tal assi/ance1 public h\s+ subsidies1 l[-income h\s+ tax cr$its1 ,f$]al or ,/ate subsidiz$ loans1 enhanc$ v\*]s "u section #h7t71 or project-bas$ v\*]s "u section #h7o7 are provid$ or propos$2 & 7iii7 9 ! second p>5!tical clause1 by ins]t+ be=e ! clos+ p>5!sis ! foll[+3 1 & pr$evelopm5t assi/ance to enable su* transf]s2 & 7,b7 by ins]t+ aft] ! p]iod at ! end ! foll[+3 ,= outrea* & tra9+ ( t5ants & te*nical assi/ance1 ! ,secret>y %all implem5t a grant program utiliz+ p]=mance-bas$ outcome measures = eligible co/s incurr$4 ,recipi5ts provid+ capacity build+ or te*nical assi/ance s]vices to t5ant gr\ps %all be qualifi$ nonpr(it ,/ate-wide1 c\ntywide1 area-wide1 or city-wide organizations ) demon/rat$ exp]i5ce includ+ at lea/ a two-ye> rec5t track record ( organiz+ & provid+ assi/ance to t5ants1 & indep5d5ce f ! own]1 a prospective pur*as]1 or _! manag+ ag5ts4 ,! ,secret>y may provide assi/ance & tra9+ to grantees 9 adm9i/rative & fiscal managem5t to ensure compliance ) applicable ,f$]al requirem5ts4 ,! ,secret>y %all exp$ite ! provision ( fund+ = ! fiscal ye> 9 :i* ! date ( ! enactm5t ( ?is ,act occurs & by ent]+ into an int]ag5cy agreem5t = n less ?an #a1jjj1jjj ) ! ,corporation = ,national & ,community ,s]vice to conduct a t5ant outrea* & tra9+ program to eligible h\s+ "u ?is subsection4 ,! ,secret>y %all also make available flexible grants to qualifi$ nonpr(it organizations t d n own eligible multifamily prop]ties1 = t5ant outrea* 9 und]s]v$ areas1 & to exp]i5c$ national or regional nonpr(it organizations to provide specializ$ tra9+ or support to grantees assi/$ "u ?is section4 ,not)/&+ any o!r provision ( law1 funds au?oriz$ "u ?is p>agraph = any fiscal ye> %all be available = obligation 9 subsequ5t fiscal ye>s4 ,! ,secret>y %all require ea* recipi5t ( am\nts made available pursuant to ?is subp>agraph to submit to ! ,secret>y reports1 on a qu>t]ly basis1 detail+ ! use ( su* funds & includ+ su* in=mation z ! ,secret>y %all require4 #f4 ,t5ant p>ticipation 9 physical inspection & managem5t review processes ,9 implem5t+ any inspection requirem5ts = ensur+ dec5t1 safe1 & sanit>y conditions & any ,managem5t & ,occupancy ,reviews 9 multifamily h\s+ receiv+ project-bas$ assi/ance "u a program adm9i/]$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 ! ,secret>y %all-- 7#a7 enc\rage t5ant p>ticipation-- 7,a7 by requir+ t ! own] %all po/ notice ( any ,dep>tm5t ( ,h\s+ & ,urban ,developm5t 79 ?is section ref]r$ to z ,,hud7 inspection1 includ+ in=mation ab\t ! inspection process1 contact in=mation1 & appeals to ,,hud1 bo? be=e & aft] ! inspection1 9 common areas ( ! prop]ty2 7,b7 by requir+ t1 aft] any inspection1 ! own] %all po/ ! prop]ty score 9 common areas ( ! prop]ty & ensure t ! full ,,hud inspection report 7b n includ+ any p]sonally id5tifiable in=mation = own]s or resid5ts7 & relat$ correspond5ce is made available = inspection by t5ants & _! repres5tatives at ! prop]ty :]e !y reside2 7,c7 by all[+ any legitimate t5ant organization1 prior to an inspection1 to submit a report reg>d+ ! prop]ty to ! inspector & to ,,hud2 7,d7 by notify+ & all[+ any legitimate t5ant organization1 ^u reque/1 to meet ) & to designate a repres5tative to accompany ! inspector dur+ ! on-site inspection ( common areas1 includ+ gr\nds1 hallways1 lobbies1 community1 mail & laundry rooms1 & o!r common spaces accessible to resid5ts2 7,e7 by includ+ 9 any ,,hud physical inspection up to five additional units sugge/$ by t5ants or any legitimate t5ant organization2 7,f7 by provid+ notice1 comm5t1 & appeal rights = t5ants & any legitimate t5ant organization p>allel to ! notice1 comm5t1 & appeal rights provid$ to own]s2 & 7,g7 by conduct+ a full or p>tial ,managem5t & ,occupancy ,review ^u ! writt5 reque/ by at lea/ #be p]c5t ( resid5ts or by any legitimate t5ant association at ! prop]ty1 = ! issues id5tifi$ by resid5ts2 7#b7 require inspectors to notate 9 _! report pot5tial environm5tal haz>ds & unse5 heal? & safety conditions describ$ by resid5ts1 managem5t /aff1 or local ag5cies1 or z obs]v$ by ! inspector2 7#c7 require ,,hud to provide = indep5d5t te/+ ( pot5tial environm5tal haz>ds id5tifi$ by ,,hud inspectors2 7#d7 require ! ,secret>y to develop a rem$ial plan if environm5tal haz>ds or heal? & safety conditions are docum5t$ & to monitor ! implem5tation ( ! rem$ial plan2 7#e7 require ,,hud contract inspectors to review records & consult ) local code en=cem5t ag5cies reg>d+ physical conditions ( a prop]ty prior to inspections1 if ! locality's databases are accessible2 7#f7 review "w ord] records 9 ! managem5t (fice ( ! prop]ty to assess = response "t & t5ant satisfaction2 & 7#g7 require ! ,secret>y to inspect = compliance ) any f9d+s ( exig5t heal? & safety violations result+ f ,,hud inspections4 #g4 ,duty to ma9ta9 h\s+ assi/ance paym5ts dur+ =eclosure 7a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 9 manag+ & dispos+ ( any multifamily prop]ty t is own$ or has a mortgage held by ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 & dur+ ! process ( =eclosure on any prop]ty ) a contract = r5tal assi/ance paym5ts "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg or any o!r program adm9i/]$ by ! ,secret>y1 ! ,secret>y %all ma9ta9 any r5tal assi/ance paym5ts "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg1 & any o!r programs1 t are atta*$ to any dwell+ units 9 ! prop]ty4 7b7 ,o!r r5tal assi/ance ,to ! ext5t ! ,secret>y det]m9es1 9 consultation ) ! t5ants & ! local gov]nm5t1 t su* a multifamily prop]ty own$ or hav+ a mortgage held by ! ,secret>y is n feasible = cont9u$ r5tal assi/ance paym5ts "u su* section #h or o!r programs1 bas$ on consid]ation ( 7#a7 ! co/s ( rehabilitat+ & op]at+ ! prop]ty & all available ,f$]al1 ,/ate1 & local res\rces1 includ+ r5t adju/m5ts "u section #ebd ( ! ,multifamily ,assi/$ ,h\s+ ,re=m & ,af=dability ,act ( #aiig 7#db ,u4,s4,c4 #adcg;f note71 & 7#b7 environm5tal conditions t _c be rem$i$ 9 a co/-effective fa%ion1 ! ,secret>y may1 9 consultation ) ! t5ants ( t prop]ty1 contract = project-bas$ r5tal assi/ance paym5ts ) an own] or own]s ( o!r exi/+ h\s+ prop]ties1 or provide o!r r5tal assi/ance4 7c7 ,project-,bas$ contracts ,! ,secret>y %all take appropriate /eps to ensure t project-bas$ contracts rema9 9 effect prior to =eclosure1 subject to ! ex]cise ( contractual abatem5t rem$ies to assi/ relocation ( t5ants = imm95t major ?reats to heal? & safety aft] writt5 notice to & in=m$ cons5t ( ! affect$ t5ants & use ( o!r available rem$ies1 su* z p>tial abatem5ts or receiv]%ip4 7d7 ,r5t levels ,aft] disposition ( any multifamily prop]ty describ$ "u ?is section1 ! contract & all[able r5t levels on su* prop]ties %all be subject to ! requirem5ts "u section #ebd ( ! ,multifamily ,assi/$ ,h\s+ ,re=m & ,af=dability ,act ( #aiig4 #h4 ,cl>ification ( t5ant p>ticipation 9 multifamily projects ,! la/ s5t5ce ( section #bjb7;a7 ( ! ,h\s+ & ,community ,developm5t ,am5dm5ts ( #aigh 7#ab ,u4,s4,c4 #agaez-#a;b7a77 is am5d$ by ins]t+ aft] 7#db ,u4,s4,c4 #adcg;f71 ! foll[+3 includ+ a project assi/$ "u section #h7o77#ac7 7#db ,u4,s4,c4 #adcg;f7o77#ac7714