,i #aai? ,,congress #a/ ,session ,h4 ,r4 #fbbh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #bj1 #bjbe,ms4 ,s*olt5 7= h]self1 ,mr4 ,bresnahan1 & ,ms4 ,mc,bride7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to am5d titles #bc & #di1 ,unit$ ,/ates ,code1 to direct ! ,secret>y ( ,transportation to e/abli% cr$itwor?9ess /&>ds = resid5tial & mix-use developm5t projects to be eligible = ,,tifia funds & ,,rrif funds1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unlock+ ,af=dable ,h\s+ ,act4 #b4 ,cr$itwor?9ess ( resid5tial & mix$-use developm5t activities = purposes ( eligibility = ,,tifia & ,,rrif funds 7a7 ,,tifia cr$itwor?9ess ( resid5tial & mix$-,use developm5t activities 7#a7 ,9 g5]al ,section #fjb7;a77#b7 ( title #bc1 ,unit$ ,/ates ,code1 is am5d$-- 7,a7 9 subp>agraph 7,a7 by /rik+ ,to be eligible & ins]t+ ,except z provid$ 9 subp>agraph 7,c71 to be eligible2 7,b7 9 subp>agraph 7,b71 by /rik+ ,not)/&+ subp>agraph 7,a7 & ins]t+ ,except z provid$ 9 subp>agraph 7,c71 not)/&+ subp>agraph 7,a72 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 ,resid5tial developm5t activities ,to be eligible = assi/ance "u ! ,,tifia program1 a project describ$ 9 section #fja7;a77#ab77;,e7 t includes resid5tial developm5t activities 7:i* may include mix$-use developm5t activities7 %all satisfy su* cr$itwor?9ess /&>ds z ! ,secret>y1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 det]m9es to be appropriate to-- 7i7 safegu>d ! f9ancial /ability ( ! ,,tifia program2 & 7ii7 align1 to ! ext5t practicable1 su* cr$itwor?9ess /&>ds ) any simil> requirem5ts e/abli%$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t ) respect to eligibility = assi/ance = su* activities "u programs ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,,tifia ,def9itions ,section #fja7;a7 ( title #bc1 ,unit$ ,/ates ,code1 is am5d$-- 7i7 9 p>agraph 7#f77;,d7 by /rik+ ,,tifia program & ins]t+ ,,tifia program applicable to ! project2 7ii7 9 p>agraph 7#aj77;,d7 by /rik+ agreem5t1 includ+ & ins]t+ agreem5t1 includ+1 if applicable2 & 7iii7 9 p>agraph 7#ab77;,e77ii7 by /rik+ 1 by n lat] ?an ,septemb] #cj1 #bjbf14 7,b7 ,rat+ lett] requirem5ts 7i7 ,9 g5]al ,section #fjb7;b77#c7 ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ea* project applicant & ins]t+ ea* applicant = ,,tifia assi/ance = a project = :i* an inve/m5t-grade rat+ is requir$ "u subsection 7a77#b74 7ii7 ,secur$ loans requirem5ts ,section #fjc7;a77#c7 ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ ea* rat+ lett] & ins]t+ any rat+ lett]s4 7iii7 ,l9es ( cr$it requirem5ts ,section #fjd7;a7 ( title #bc1 ,unit$ ,/ates ,code1 is am5d$-- 7,i7 9 p>agraph 7#c7-- 7aa7 by /rik+ section #fjb7;b77#c7 & ins]t+ section #fjb7;b77#c71 if any2 & 7bb7 by /rik+ ! rat+ op9ion lett] & ins]t+ any su* rat+ op9ion lett]s2 & 7,,ii7 9 p>agraph 7#d7 to read z foll[s3 7#d7 ,cr$itwor?9ess ( s5ior obligations 7,a7 ,inve/m5t-grade rat+ requirem5t ,except z provid$ 9 subp>agraph 7,b71 ! fund+ ( a l9e ( cr$it "u ?is section %all be cont+5t on ! s5ior obligations ( ! project receiv+ an inve/m5t-grade rat+ f #b rat+ ag5cies4 7,b7 ,requirem5ts = resid5tial developm5t activities ,! fund+ ( a l9e ( cr$it "u ?is section = a project describ$ 9 section #fja7;a77#ab77;,e7 t includes resid5tial developm5t activities 7:i* may include mix$-use developm5t activities7 %all be cont+5t on su* evid5ce ( cr$itwor?9ess ( ! s5ior obligations ( ! project z ! ,secret>y1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 det]m9es appropriate to-- 7i7 safegu>d ! f9ancial /ability ( ! ,,tifia program2 & 7ii7 align1 to ! ext5t practicable1 requirem5ts relat+ to su* evid5ce ( cr$itwor?9ess ) any simil> requirem5ts e/abli%$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t ) respect to assi/ance = su* activities "u programs ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 4 7b7 ,,rrif ,cr$itwor?9ess ( resid5tial & mix$-,use developm5t activities ,section #bbdjb7;f77#c7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subp>agraph 7,c7 by /rik+ gu>antee is great] & ins]t+ gu>antee = any project o!r ?an a project describ$ 9 subsection 7b77#a77;,f7 t includes resid5tial developm5t 7:i* may include mix$-use developm5t7 is great]2 & 7#b7 by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,) respect to any project describ$ 9 subsection 7b77#a77;,f7 t includes resid5tial developm5t 7:i* may include mix$-use developm5t71 su* evid5ce ( cr$itwor?9ess z ! ,secret>y1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 det]m9es to be appropriate-- 7i7 to align1 to ! ext5t practicable1 su* cr$itwor?9ess /&>ds ) any simil> requirem5ts e/abli%$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t ) respect to eligibility = assi/ance = su* activities "u programs ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t2 & 7ii7 to safegu>d ! f9ancial /ability ( ! program "u ?is *apt]4 4 7c7 ,regulations ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is section1 ! ,secret>y ( ,transportation1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 %all prescribe regulations to c>ry out-- 7#a7 sections #fjb7;a77#b77;,c7 & #fjd7;a77#d77;,b7 ( title #bc1 ,unit$ ,/ates ,code1 z add$ by ?is section2 & 7#b7 section #bbdjb7;f77#c77;,e7 ( title #di1 ,unit$ ,/ates ,code1 z add$ by ?is section4 7d7 ,effective date2 applicability ,! am5dm5ts made by subsections 7a7 & 7b7 %all take effect on ! date t is #ahj days aft] ! date ( enactm5t ( ?is section & %all apply ) respect to any loan or l9e ( cr$it issu$ "u ! ,,tifia program or *apt] #bbd ( title #di1 ,unit$ ,/ates ,code1 on or aft] su* date4 7e7 ,,tifia program def9$ ,! t]m ,,tifia program %all h ! mean+ giv5 su* t]m 9 section #fja7;a7 ( title #bc1 ,unit$ ,/ates ,code4