,i #aai? ,,congress #a/ ,session ,h4 ,r4 #cdei ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ae1 #bjbe,mr4 ,mull9 7= himself & ,mr4 ,edw>ds7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to am5d title #bc1 ,unit$ ,/ates ,code1 to au?orize real prop]ty acquir$ ) assi/ance "u *apt] #a ( su* title to be transf]r$ to c]ta9 entities = ! developm5t ( transit-ori5t$ dwell+ units1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,empty ,lots to ,h\s+ ,act4 #b4 ,transf] ( real prop]ty no long] ne$$ 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ahj4 ,transf] ( real prop]ty no long] ne$$ 7a7 ,9 g5]al ,if a recipi5t ( assi/ance "u ?is *apt] decides real prop]ty acquir$ at lea/ 9 "p ) su* assi/ance is no long] ne$$ = ! purpose = :i* su* real prop]ty 0 acquir$1 ! ,secret>y may au?orize ! recipi5t to transf] su* real prop]ty1 ) no fur!r obligation to ! ,gov]nm5t1 to-- 7#a7 a local gov]nm5tal au?ority or nonpr(it organization = ! developm5t ( transit-ori5t$ dwell+ unit2 or 7#b7 to a ?ird-p>ty entity = ! developm5t ( transit-ori5t$ dwell+ units1 if ! ,secret>y det]m9es t-- 7,a7 a local gov]nm5t au?ority or nonpr(it organization is unable to receive ! real prop]ty2 7,b7 ! ov]all b5efit ( all[+ ! transf] ( ! real prop]ty is great] ?an ! int]e/ ( ! ,gov]nm5t 9 sell+ ! prop]ty1 aft] consid]+ fair m>ket value & o!r factors2 & 7,c7 ! ?ird-p>ty entity has demon/rat$ a satisfactory hi/ory ( con/ruction or op]at+ an af=dable h\s+ developm5t4 7b7 ,au?orization by ! ,secret>y ,! ,secret>y may only au?orize a transf] "u ?is section if ! ,secret>y has det]m9$ t ! recipi5t has contractually requir$ ! entity to :i* ! recipi5t proposes to transf] ! real prop]ty to1 = ! duration ( ! #cj-ye> p]iod beg9n+ on ! date su* real prop]ty is transf]r$ to su* entity-- 7#a7 res]ve n less ?an #dj p]c5t ( any h\s+ units develop$ on su* real prop]ty = families ^: adju/$ income1 z su* t]m is def9$ by ! ,secret>y1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t by rule1 is less ?an or equal to #fj p]c5t ( ! area m$ian income & (f] su* units to su* families ) a r5t t does n exce$ #cj p]c5t ( ! adju/$ income ( su* family2 & 7#b7 ( ! #dj p]c5t ( unit res]v$ "u p>agraph 7#a71 res]ve n less ?an #bj p]c5t ( su* units = families ^: income is less ?an or equal to #cj p]c5t ( ! area m$ian income4 4 7b7 ,cl]ical am5dm5t ,! analysis = *apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ahj4 ,transf] ( real prop]ty no long] ne$$4 4