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Pending Federal Preservation Policies

Congress has been considering a variety of budget and policy measures affecting HUD-assisted multifamily properties. Some of the most important proposals are compiled below.

Statutes and Regulations

HUD and RD Housing Preservation Bill Passes Committee

On July 27, by a 42-27 vote, the House Committee on Financial Services ordered that HR 4868, the Housing Preservation and Tenant Protection Act of 2010, be favorably reported to the House, as amended. A multi-year priority for preservation advocates nationwide, the comprehensive bill addresses the preservation of federally and state financed assisted housing, including tools to preserve and improve housing at risk of conversion or deterioration, and protections for residents.

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