HR 2997 · 114th Congress 2015–2017, ended

Private Investment in Housing Act of 2015

Latest action · Jul 15, 2015 Received in the Senate and 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.

  1. IntroducedJul 9, 2015
  2. Passed HouseJul 14, 2015
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Private Investment in Housing Act of 2015

(Sec. 2) Directs the Department of Housing and Urban Development (HUD) to establish a demonstration program under which, in FY2016 through FY2019, HUD may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs with appropriate entities to carry out projects for energy or water conservation improvements at up to 20,000 residential units in multifamily buildings participating in:

  • Section 8 project-based rental assistance programs under the United States Housing Act of 1937, other than Section 8 (voucher program) assistance;
  • supportive housing for the elderly programs under the Housing Act of 1959; or
  • supportive housing for persons with disabilities programs under the Cranston-Gonzalez National Affordable Housing Act.

Specifies requirements for payment under an agreement, which shall be contingent on documented utility savings, as well as for agreement terms, eligibility, geographical diversity, and funding for the program.

Limits this demonstration program to properties subject to affordability restrictions, which may be through an affordability agreement under a new housing assistance payments contract with HUD, or through an enforceable covenant with the property owner, for at least 15 years after completion of any conservation improvements made under the program.

Requires HUD to submit to specified congressional committees a detailed plan for the implementation of this Act.

Authorizes HUD, for each fiscal year during which an agreement is in effect, to use any HUD appropriated funds for the renewal of contracts under the program.

Recorded votes 1

Newest first. Open one to see how every member voted.

Roll callQuestionResultDate
House 436Passed395–28Jul 14, 2015

Cosponsors 3

Members who signed on, in the order they did. All signed on Jul 9, 2015.

SeatCosponsorSigned on
D-MOEmanuel CleaverOriginalJul 9, 2015
D-CTJames A. HimesOriginalJul 9, 2015
D-MDJohn K. DelaneyOriginalJul 9, 2015

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jul 9, 2015
SenateBanking, Housing, and Urban Affairs Committee
Referred Jul 15, 2015

Actions 10

Everything that happened, newest first.

  1. Jul 15, 2015Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jul 14, 2015Mr. Luetkemeyer moved to suspend the rules and pass the bill.
  3. Jul 14, 2015Considered under suspension of the rules. (consideration: CR H5135-5137)
  4. Jul 14, 2015DEBATE - The House proceeded with forty minutes of debate on H.R. 2997.
  5. Jul 14, 2015At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  6. Jul 14, 2015Considered as unfinished business. (consideration: CR H5150-5151)
  7. Jul 14, 2015Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 395 - 28 (Roll no. 436). (text: CR H5135-5136)
  8. Jul 14, 2015Motion to reconsider laid on the table Agreed to without objection.
  9. Jul 9, 2015Introduced in House
  10. Jul 9, 2015Referred to the House Committee on Financial Services.

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
HouseDebate and remarks H5135–H5137Text printed H5135Recorded votes H5150enactBlaine Luetkemeyer R-MO, Dennis A. Ross R-FL, Maxine Waters D-CAJul 14, 2015

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Welfare Clause (Article 1, Section 8, Clause 1); Commerce Clause (Article 1, Section 8, Clause 3)

The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 106, July 9, 2015, page H5030.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 22FAST ActRelated billDec 4, 2015
HR 3700Housing Opportunity Through Modernization Act of 2016Related billJul 29, 2016

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To authorize the Secretary of Housing and Urban Development to carry out a demonstration program to enter into budget-neutral, performance-based contracts for energy and water conservation improvements for multifamily residential units.
Short Titles as Introduced
Private Investment in Housing Act of 2015
Short Titles as Passed House
Private Investment in Housing Act of 2015

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 3

Each version as it was printed, newest first.

  1. Jul 15, 2015Referred in Senate
  2. Jul 14, 2015Engrossed in House
  3. Jul 9, 2015Introduced in House

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.