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Housing And Community Development Act Of 1992
Housing and Community Development Act of 1992 was first introduced to the 102nd Congress on June 5, 1992, and was signed and made law by President George H. W. Bush on October 28, 1992. Also known as "The 1992 Act", the bill amended a number of housing, banking, and drug abuse laws. It amended The United States Housing Act of 1937. It increased aggregate budget authority for low-income housing for fiscal year 1993 and 1994. It also extends ceiling rents, excludes certain child care expenses, and excessive travel expenses from the calculation of adjusted income and apply to Indian public housing certain definitions of the Cranston-Gonzales National Affordable Housing Act; It allows the Secretary of Housing and Urban Development to issue public and Section 8 housing tenant preference rules. The Act also extends certain exemptions from waiting list requirements and eligibility restrictions with respect to income eligibility for assisted housing and while revising the family self-s ...
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George H
George may refer to: Names * George (given name) * George (surname) People * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Papagheorghe, also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George, son of Andrew I of Hungary Places South Africa * George, South Africa, a city ** George Airport United States * George, Iowa, a city * George, Missouri, a ghost town * George, Washington, a city * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Computing * George (algebraic compiler) also known as 'Laning and Zierler system', an algebraic compiler by Laning and Zierler in 1952 * GEORGE (computer), early computer built by Argonne National Laboratory in 1957 * GEORGE (operating system), a range of operating systems (George 1–4) for the ICT 1900 range of computers in the 1960s * GEORGE (programming language), an autocode system invented by Charles L ...
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Housing Act Of 1937
The Housing Act of 1937 (), formally the "United States Housing Act of 1937" and sometimes called the Wagner–Steagall Act, provided for subsidies to be paid from the United States federal government to local public housing agencies (LHAs) to improve living conditions for low-income families. The act created the United States Housing Authority within the U.S. Department of the Interior. The act builds on the National Housing Act of 1934, which created the Federal Housing Administration. Both the 1934 Act and the 1937 Act were influenced by American housing reformers of the period, with Catherine Bauer Wurster chief among them. Bauer drafted much of this legislation and served as a Director in the United States Housing Authority, the agency created by the 1937 Act to control the payment of subsidies, for two years. The sponsoring legislators were Representative Henry B. Steagall, Democrat of Alabama, and Senator Robert F. Wagner, Democrat of New York. Although initially co ...
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Rent Regulation
Rent regulation is a system of laws for the rental market of dwellings, with controversial effects on affordability of housing and tenancies. Generally, a system of rent regulation involves: *Price controls, limits on the rent that a landlord may charge, typically called rent control or rent stabilization *Eviction controls: codified standards by which a landlord may terminate a tenancy *Obligations on the landlord or tenant regarding adequate maintenance of the property *A system of oversight and enforcement by an independent regulator and ombudsman The loose term "rent control" covers a spectrum of regulation which can vary from setting the absolute amount of rent that can be charged, with no allowed increases, to placing different limits on the amount that rent can increase; these restrictions may continue between tenancies, or may be applied only within the duration of a tenancy. As of 2016, at least 14 of the 36 OECD countries have some form of rent control in effect, inc ...
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Office Of Public And Indian Housing
The Office of Public and Indian Housing (PIH) is an agency of the U.S. Department of Housing and Urban Development. Its mission is to ensure safe, decent, and affordable housing, create opportunities for residents' self-sufficiency and economic independence, and assure the fiscal integrity of all program participants. The Office is headed by a senate-confirmed Assistant Secretary of Housing and Urban Development for Public and Indian Housing. Since the resignation of Hunter Kurtz on January 11, 2021, the office has been led by the Senior Official, General Deputy Assistant Secretary Dominique Blom. Background PIH is responsible for administering and managing a range of programs authorized and funded by Congress under the basic provisions of the U.S. Housing Act of 1937. This act was created to provide affordable housing to well over a million households nationwide. This act actually created the Public and Indian Housing program as well. The United States Congress dictated for fun ...
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United States Secretary Of Housing And Urban Development
The United States secretary of housing and urban development is the head of the United States Department of Housing and Urban Development, a member of the Cabinet of the United States, and thirteenth in the presidential line of succession. The post was created with the formation of the Department of Housing and Urban Development on September 9, 1965, by President Lyndon B. Johnson's signing of The Department of Housing and Urban Development Act into law. The department's mission is "to increase homeownership, support community development and increase access to affordable housing free from discrimination." The secretary of housing and urban development is a Level I position in the Executive Schedule,. thus earning a salary of US$246,400, as of January 2024. The current secretary of housing and urban development is Scott Turner, who was sworn in on February 5, 2025. List of secretaries of housing and urban development ;Parties (9) (10) ;Status References Ext ...
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Public Housing In The United States
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents. In most federally-funded rental assistance programs, the tenants' monthly rent is set at 30% of their household income. Now increasingly provided in a variety of settings and formats, originally public housing in the U.S. consisted primarily of one or more concentrated blocks of low-rise and/or high-rise apartment buildings. These complexes are operated by state and local housing authorities which are authorized and funded by the United States Department of Housing and Urban Development (HUD). In 2020, there were one million public housing units. In 2022, about 5.2 million American households received some form of federal rental assistance. Subsidized ...
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Section 8 (housing)
Section 8 of the Housing Act of 1937 (), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, people in families with children, and individuals with disabilities. The Department of Housing and Urban Development (HUD) oversees Section 8 programs, which are administered locally by public housing agencies (PHAs). In 2022, about 2.3 million out of the 5.2 million households receiving rental assistance used Section 8 vouchers. While landlord participation in the program is voluntary in most areas, some states and municipalities have enacted laws that prohibit source of income discrimination, including discrimination against individuals whose income is derived from Section 8 housing vouchers. Voucher amounts vary depending on city or county, size of unit, and other factors. Voucher recipients typically have two to ...
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Low-income Housing
Subsidized housing is a subsidy aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements/vouchers, and some forms of co-operative and private sector housing. Increasing access to housing usually contributes to lower poverty rates. Types Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing. Home mortgage interest deduction The largest housing subsidy in the US is the home mortgage interest deduction, which allows homeowners with mortgages on first homes, second homes, and ...
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Jack Kemp
Jack French Kemp (July 13, 1935 – May 2, 2009) was an American politician, professional Gridiron football, football player, and U.S. Army veteran. A member of the Republican Party (United States), Republican Party from New York, he served as the 9th United States secretary of housing and urban development in the administration of President George H. W. Bush from 1989 to 1993, having previously served nine terms in the U.S. House of Representatives from 1971 to 1989. He was the Republican Party's 1996 Republican Party vice presidential candidate selection, vice presidential nominee in the 1996 U.S. presidential election, 1996 election, as the running mate of Bob Dole; they lost to incumbent president Bill Clinton and Vice President Al Gore. Kemp had previously contended for the presidential nomination in the 1988 Republican Party presidential primaries, 1988 Republican primaries. Before entering politics, Kemp briefly played in the National Football League (NFL) and the Canad ...
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Suspicious Activity Report
In financial regulation, a Suspicious Activity Report (SAR) or Suspicious Transaction Report (STR) is a report made by a financial institution about suspicious or potentially suspicious activity as required under laws designed to counter money laundering, financing of terrorism and other financial crimes. The criteria to decide when a report must be made varies from country to country, but generally, it is any financial transaction that either a) does not make sense to the financial institution; b) is unusual for that particular client; or c) appears to be done only for the purpose of hiding or obfuscating another, separate transaction. The report is filed with that country's Financial Intelligence Unit, which is typically a specialist agency designed to collect and analyse transactions and then report these to relevant law enforcement teams. Front-line staff in the financial institution have the responsibility to identify transactions that may be suspicious and these are reporte ...
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Community Reinvestment Act
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, ''et seq.'') is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.Text of Housing and Community Development Act of 1977 — Title VIII (Community Reinvestment)
Congress passed the Act in 1977 to reduce discriminatory credit practices against low-income neighborhoods, a practice known as