Workforce Residential Housing Act of 2014
Latest action · Sep 18, 2014 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 18, 2014
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Workforce Residential Housing Act of 2014 - Amends the National Housing Act to except from the prohibition against the use of houses built with federally insured mortgages for transient or hotel housing certain mulifamily housing that is a short-term residential property, provided that the Secretary of Housing and Urban Development (HUD) has determined that the provision of such insurance is appropriate.
Defines "short-term residential property" as multifamily housing that:
- has more than 50 dwelling units, each of which contains a kitchen and bathroom facilities;
- provides mailboxes for each unit;
- rents the units for a minimum stay of seven days; and
- does not provide food or beverage services, daily maid services, furnishing and laundering of linen without charge, or bellhop services.
Directs the Secretary to: (1) evaluate the risk of providing mortgage insurance for short-term residential properties, and (2) report to Congress on whether any additional risk to the General Insurance Fund resulting from the provision of mortgage insurance for such properties is appropriate.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 18, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-ND | Heidi Heitkamp | Original | Sep 18, 2014 |
Actions 2
Everything that happened, newest first.
- Sep 18, 2014Introduced in Senate
- Sep 18, 2014Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1217 | Housing Finance Reform and Taxpayer Protection Act of 2014 | Related bill | Dec 9, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
Text 1
Each version as it was printed, newest first.
- Sep 18, 2014Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.