,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gecb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ah1 #bjbb,mr4 
,cri/ 7= himself & ,ms4 ,wass]man       
,s*ultz7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to exp& ! section 
#bjc7k7 rehabilitation & title ,i       
prop]ty improvem5t loan programs ( !    
,dep>tm5t ( ,h\s+ & ,urban ,developm5t  
to au?orize su* loans to be made to     
l[-income families resid+ 9 condom9ium  
units to cov] ! co/s ( special          
assessm5ts impos$ = repair or replacem5t
 ( common areas1 sy/ems1 & features1 & =
 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,,saf] 9 ,condos   
,act ( #bjbb or ! ,secur+ ,access to    
,f9anc+ = ,ext]ior ,repairs 9 ,condos   
,act ( #bjbb4  #b4 ,section #bjc7k7     
rehabilitation loans ,section #bjc7k7 ( 
! ,national ,h\s+ ,act 7#ab ,u4,s4,c4   
#agji7k77 is am5d$-- 7#a7 9 p>agraph    
7#b7-- 7,a7 9 subp>agraph 7,a7-- 7i7 9  
clause 7ii71 by /rik+ or at ! end2  7ii7

 9 clause 7iii71 by /rik+ & at ! end &  
ins]t+ or2 &  7iii7 by add+ at ! end !  
foll[+ new clause3  7iv7 9 ! case ( a   
dwell+ unit 9 a condom9ium & not)/&+ any
 o!r law1 regulation1 or guidel9e ( !   
,secret>y1 includ+ subp>t ,c ( "p ,,ii (
 ! ,,fha ,s+le ,family ,policy ,h&book  
#djjj4a ( ! ,dep>tm5t ( ,h\s+ & ,urban  
,developm5t1 ! paym5t ( a non-regul>    
assessm5t *>g$ by ! gov]n+ body ( !     
condom9ium project to ! unit own] to    
cov] co/s ( a future rehabilitation1    
alt]ation1 repair1 improvem5t1 or       
replacem5t ( any common sy/em1          
infra/ructure1 facility1 feature1       
portion1 or area s]v+ ! project2 &  2 & 
7,b7 9 subp>agraph 7,b71 by ins]t+ or ! 
fund+ ( res]ves = future project-level  
improvem5ts or repairs1 aft] 9          
connection ) a /ructure12  7#b7 9       
p>agraph 7#c77;,a7-- 7,a7 by ins]t+ !   
great] ( 7i7 be=e ! sum ( ! e/imat$ co/ 
( rehabilitation2 &  7,b7 by ins]t+ be=e
 ! semicolon at ! end ! foll[+3 1 or    
7ii7 ! ,secret>y's e/imate ( ! value ( !

 prop]ty aft] rehabilitation2 except t 9
 no case %all ! pr9cipal obligation     
exce$ #aae p]c5t ( ! ,secret>y's e/imate
 ( ! value ( ! prop]ty aft]             
rehabilitation2  7#c7 by r$esignat+     
p>agraphs 7#e7 & 7#f7 z p>agraphs 7#f7 &
 7#g72 &  7#d7 by ins]t+ aft] p>agraph  
7#d7 ! foll[+ new p>agraph3  7#e7 ,!    
,secret>y %all /reaml9e regulations &   
guidel9es applicable to v]ification (   
rehabilitation & repair plans1 managem5t
 ( rehabilitation "w1 disbursem5t ( loan
 proce$s1 & c]tification ( "w completion
 = any rehabilitation loan insur$ "u ?is
 subsection = purposes ( paym5t ( a     
non-regul> assessm5t describ$ 9 p>agraph
 7#b77;,a77iv7 or paym5t ( res]ves =    
future project-level improvem5ts or     
repairs describ$ 9 p>agraph 7#b77;,b7 to
 acc\nt = managem5t ( su* rehabilitation
 "w or res]ves by ! gov]n+ body ( !     
condom9ium project4  4  #c4 ,title ,i   
prop]ty improvem5t loans ,section #b ( !
 ,national ,h\s+ ,act 7#ab ,u4,s4,c4    
#agjc7 is am5d$-- 7#a7 9 ! fir/ s5t5ce (

 subsection 7a7-- 7,a7 by ins]t+ 7iii7  
be=e f9anc+ ! pres]vation ( hi/oric     
/ructures2 &  7,b7 by ins]t+ be=e !     
p]iod at ! end ! foll[+3 2 & = ! purpose
 ( 7iv7 f9anc+1 9 ! case ( a dwell+ unit
 9 a condom9ium & not)/&+ any o!r law1  
regulation1 or guidel9e ( ! ,secret>y1  
includ+ subp>t ,c ( "p ,,ii ( ! ,,fha   
,s+le ,family ,policy ,h&book #djjj4a ( 
! ,dep>tm5t ( ,h\s+ & ,urban            
,developm5t1 ! paym5t ( a non-regul>    
assessm5t *>g$ by ! gov]n+ body ( !     
condom9ium project to ! unit own] to    
cov] co/s ( a future rehabilitation1    
alt]ation1 repair1 improvem5t1 or       
replacem5t ( any common sy/em1          
infra/ructure1 facility1 feature1       
portion1 or area s]v+ ! project2 &  7#b7
 9 subsection 7b77#a7-- 7,a7 9          
subp>agraph 7,a77i7-- 7i7 by /rik+      
#be1jjj & ins]t+ #ee1jjj2 &  7ii7 by    
ins]t+ be=e ! semicolon ! foll[+3 or a  
non-regul> assessm5t *>g$ by ! gov]n+   
body ( ! condom9ium project to ! unit   
own] to cov] co/s ( rehabilitation1     

alt]ation1 repair1 improvem5t1 or       
replacem5t ( any common sy/em1          
infra/ructure1 facility1 feature1       
portion1 or area s]v+ ! project2 &  7,b7
 9 ! matt] aft] & bel[ subp>agraph 7,g71
 by add+ at ! end ! foll[+3 ,! ,secret>y
 %all1 by regulation1 annually increase 
! doll> am\nt limitations 9 subp>agraphs
 7,a77i71 7,b71 & 7,f7 7z su*           
limitations may h be5 previ\sly adju/$  
"u ?is s5t5ce7 9 accordance ) ! ,consum]
 ,price ,index = ,all ,urban ,consum]s  
7,,cpi-,u744