,i #aai? ,,congress #b;d ,session ,h4 ,r4 #idgb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #be1 #bjbf,mr4 ,lawl] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,vet]ans' ,affairs1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to prohibit ,community ,developm5t ,block ,grant fund+ & ,f$]al mortgage support 9 municipalities t all[ squatt+4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,! ,protect+ ,home[n]s f ,squatt]s ,act4 #b4 ,combatt+ squatt+ 7a7 ,congressional f9d+s ,! ,congress f9ds t-- 7#a7 unlawfully ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own] c be def9$ z squatt+ & %\ld n conf] any special /atus z a t5ant or lawful occupant ( ! prop]ty2 7#b7 local law en=cem5t %\ld take actions to exp$iti\sly remove f a prop]ty any p]sons or p]sons engag+ 9 squatt+ & %\ld prosecute su* actions z prescrib$ by local law2 7#c7 ,f$]al ,gov]nm5t b5efits1 includ+ loans1 loan gu>antees1 subsidies1 & tax cr$its1 %\ld n be us$ to re9=ce1 condone1 or o!rwise inc5tivize squatt+2 & 7#d7 real e/ate collat]al secur+ a gov]nm5t or gov]nm5t-sponsor$ ent]prise loan1 or subject to a loan gu>antee1 mortgage insurance or o!r ,f$]al mortgage support program mu/ be protect$ f p]sons engag+ 9 squatt+ z x creates undue risks = ! value ( su* prop]ty4 7b7 ,prohibition on ,,cdbg fund+ ,section #ajd ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjd7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,)hold+ ( funds = jurisdictions t p]mit squatt+ 7#a7 ,prohibition ,! ,secret>y %all1 by regulation-- 7,a7 prohibit ! allocation & provision ( funds "u ?is title = any unit ( g5]al local gov]nm5t t p]mits squatt+ or conf]s special /atus = rights ( t5ancy = a p]son or p]sons engag+ 9 ! practice ( squatt+2 & 7,b7 provide =-- 7i7 units ( g5]al local gov]nm5t to take corrective actions to rem$y ! applicability ( ! prohibition "u subp>agraph 7,a7 to su* unit ( g5]al local gov]nm5t2 & 7ii7 c]tification by ! ,secret>y ^u a det]m9ation t su* actions tak5 by a unit ( g5]al local gov]nm5t are suffici5t = ! unit ( g5]al local gov]nm5t to receive funds "u ?is title4 7#b7 ,public notice ,! ,secret>y %all make publicly available = ea* fiscal ye> a li/ ( all units ( g5]al local gov]nm5t t are prohibit$ by p>agraph 7#a7 f receiv+ funds "u ?is title & ! ju/ification = inclusion 9 ! li/ ( ea* su* unit ( g5]al local gov]nm5t4 7#c7 ,squatt+ ,= purposes ( ?is subsection1 ! t]m squatt+ means ! practice ( ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = #aj or m consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own]4 4 7c7 ,prohibition on ,f$]al mortgage support 7#a7 ,prohibition ,no ,f$]al support may be provid$ = any loan t is secur$ by a fir/ or subord9ate li5 on resid5tial real prop]ty 7includ+ individual units ( condom9iums & coop]atives7 & design$ pr9cipally = ! occupancy ( f #a- to #d-;families if ! prop]ty secur+ su* loan is locat$ 9 a unit ( g5]al local gov]nm5t t is1 at su* "t1 prohibit$ f receiv+ funds "u title ,i ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd by section #ajd7n77#a77;,a7 ( su* ,act4 7#b7 ,regulations ,! heads ( ! cov]$ ag5cies %all jo9tly develop1 by regulations issu$ n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 guidel9es = su* cov]$ ag5cies to c>ry out ?is subsection4 7#c7 ,def9itions ,= purposes ( ?is subsection1 ! foll[+ def9itions %all apply3 7,a7 ,cov]$ ag5cy ,! t]m cov]$ ag5cy means-- 7i7 ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t2 7ii7 ! ,f$]al ,h\s+ ,f9ance ,ag5cy2 7iii7 ! ,dep>tm5t ( ,vet]ans ,affairs2 & 7iv7 ! ,dep>tm5t ( ,agriculture4 7,b7 ,f$]al support ,! t]m ,f$]al support means1 ) respect to a loan-- 7i7 insurance ( ! loan by ! ,f$]al ,h\s+ ,adm9i/ration "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq472 7ii7 insurance ( ! loan "u section #bee ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaez-#bj72 7iii7 gu>antee ( ! loan "u section #ahd or #ahd;,a ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a1 #agaez-#ac;b72 7iv7 gu>antee or insurance ( ! loan by ! ,dep>tm5t ( ,vet]ans ,affairs2 7v7 gu>antee or insurance ( ! loan by ! ,dep>tm5t ( ,agriculture2 7vi7 mak+ ( ! loan by ! ,dep>tm5t ( ,agriculture2 or 7vii7 pur*ase or securitization ( ! loan by ! ,f$]al ,home ,loan ,mortgage ,corporation or ! ,f$]al ,national ,mortgage ,association4 7,c7 ,squatt+ ,! t]m squatt+ means ! practice ( ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = #ad or m consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own]4