,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #ghfb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #b1 #bjbd,mr4  
,s*iff 7= himself1 ,mr4 ,gomez1 & ,mr4  
,amo7 introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to direct !       
,secret>y ( ,h\s+ & ,urban ,developm5t  
to und]take activities to facilitate !  
conv]sion ( c]ta9 build+s own$ by       
,f$]al1 ,/ate1 or local gov]nm5t into   
af=dable resid5tial r5tal projects1 & = 
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,gov]nm5t ,ag5cies     
,af=dable ,h\s+ ,conv]sion ,act ( #bjbd4
  #b4 ,annual h\s+ conv]sion report ,n  
lat] ?an #a ye> aft] ! date ( ! enactm5t
 ( ?is section1 & annually !reaft]1 !   
,secret>y ( ,h\s+ & ,urban ,developm5t1 
9 coord9ation ) ! ,adm9i/rator ( ,g5]al 
,s]vices & ! ,director ( ! ,(fice (     
,managem5t & ,budget1 %all conduct a    
/udy & submit to ,congress a report1 to 
be kn[n z ! ,annual ,h\s+ ,conv]sion    
,report1 t exam9es-- 7#a7 :e!r ! real   

e/ate own$ by ! ,f$]al ,gov]nm5t is be+ 
optimiz$2  7#b7 :e!r ! am\nt ( real     
e/ate own$ by ! ,f$]al ,gov]nm5t %\ld be
 r$uc$2 &  7#c7 :e!r any real e/ate own$
 by ! ,f$]al ,gov]nm5t c\ld be conv]t$  
into af=dable dwell+ units4  #c4        
,expansion ( ,explor+ ,(fice to         
,resid5tial ,conv]sions grant program   
,!re is au?oriz$ to be appropriat$ to   
c>ry out ! grant program orig9ally      
ann\nc$ by ! ,secret>y ( ,h\s+ & ,urban 
,developm5t on ,june #ba1 #bjbc1 kn[n z 
! ,explor+ ,(fice to ,resid5tial        
,conv]sions ,program1 #a1gej1jjj = ea* (
 fiscal ye>s #bjbe ?r\gh #bjcj4  #d4    
,/ate & local af=dable h\s+ conv]sion   
grant program  7a7 ,e/abli%m5t ,n lat]  
?an #a ye> aft] ! date ( ! enactm5t (   
?is section1 ! ,secret>y ( ,h\s+ &      
,urban ,developm5t %all e/abli% a grant 
program1 to be kn[n z ! ,(fice to       
,resid5tial ,af=dable ,h\s+ ,conv]sion  
,program 79 ?is section ref]r$ to z !   
,conv]sion ,program71 to facilitate !   
conv]sion ( build+s own$ by a ,/ate or  

unit ( local gov]nm5t into qualifi$     
resid5tial r5tal projects4  7b7         
,eligible recipi5ts ,9 adm9i/]+ !       
,conv]sion ,program1 ! ,secret>y %all   
make grants available to ,/ates & units 
( local gov]nm5t on a competitive basis 
9 accordance ) ?is section4  7c7        
,application ,to be eligible = a grant  
"u ! ,conv]sion ,program1 an entity     
describ$ 9 subsection 7b7 %all submit to
 ! ,secret>y an application 9 su* =m1 at
 su* "t1 & conta9+ su* in=mation z !    
,secret>y det]m9es appropriate4  7d7    
,use ( funds ,ea* entity t is aw>d$ an  
am\nt "u ! ,conv]sion ,program may use  
su* am\nt = ! acquisition ( an eligible 
build+ & any co/s associat$ ) conv]t+   
su* build+ into qualifi$ resid5tial     
r5tal projects4  7e7 ,consultation )    
cont9uum ( c>e project sponsors ,ea*    
entity t is aw>d$ an am\nt "u !         
,conv]sion ,program is enc\rag$ to      
consult ) a local project sponsor       
receiv+ am\nts "u ! cont9uum ( c>e      
program "u subtitle ,c ( title ,,iv ( ! 

,mc,kinney-,v5to ,homeless ,assi/ance   
,act 7#db ,u4,s4,c4 #aacha et seq474    
7f7 ,def9itions ,9 ?is section3 7#a7    
,eligible build+ ,! t]m eligible build+ 
means a build+ t ! ,secret>y1 9         
coord9ation ) ! ,adm9i/rator ( ,g5]al   
,s]vices1 det]m9es is unus$ or          
und]utiliz$ & suitable = resid5tial     
developm5t4  7#b7 ,qualifi$ resid5tial  
r5tal project ,! t]m qualifi$ resid5tial
 r5tal project means any project =      
resid5tial r5tal prop]ty t at all times 
= ! p]iod t is n less ?an #cj ye>s1 or !
 m9imum p]iod t a ,/ate or unit ( local 
gov]nm5t decides t is n less ?an #cj    
ye>s1 meets ! foll[+ requirem5ts3 7,a7  
,! project requires t-- 7i7 #bj p]c5t or
 m ( ! resid5tial units 9 su* project   
are occupi$ by a h\sehold ) an income t 
does n exce$ #ej p]c5t ( ! m$ian income 
= ! area2  7ii7 #dj p]c5t or m ( !      
resid5tial units 9 su* project are      
occupi$ by a h\sehold ) an income t does
 n exce$ #fj p]c5t ( ! m$ian income = ! 
area2 or  7iii7 ! av]age income ( a     

h\sehold occupy+ #dj p]c5t or m ( !     
resid5tial units 9 su* project does n   
exce$ #fj p]c5t ( ! m$ian income = !    
area1 al?\gh individual resid5tial units
 )9 t #dj p]c5t ( units may be occupi$  
by a h\sehold ) an income t does n exce$
 #hj p]c5t ( ! m$ian income = ! area4   
7,b7 ,! h\s+ co/s1 includ+ wat] & sew]1 
electricity1 heat+1 cool+1 tra%1 &      
recycl+1 & o!r specific circum/ances ( !
 prop]ty t may also be consid]$ 9       
af=dability calculations "u local       
regulations1 ) respect to ea* resid5tial
 unit describ$ 9 subp>agraph 7,a7 does n
 exce$ #cj p]c5t ( ! income limit       
describ$ 9 subp>agraph 7,a7 t applies to
 ! h\sehold occupy+ su* unit4  7#c7     
,/ate ,! t]m ,/ate means ea* ( ! sev]al 
,/ates1 ! ,di/rict ( ,columbia1 ea*     
commonweal?1 t]ritory1 or possession ( !
 ,unit$ ,/ates1 & ea* f$]ally recogniz$ 
,indian ,tribe4  7g7 ,au?orization (    
appropriations ,!re is au?oriz$ to be   
appropriat$ to c>ry out ! ,conv]sion    
,program #bej1jjj1jjj = ea* ( fiscal    

ye>s #bjbe ?r\gh #bjcj4