Full Summary from House Appropriations Committee Chair is HERE.
This does NOT include Tax Provisions. I copied and pasted housing provisions below:
$2.25 billion through HOME and the Low Income Housing Tax Credit program to fill financing gaps caused by the credit freeze and get stalled housing development projects moving.
‐ $1 billion for the Community Development Block Grant program for community and economic development projects including housing and services for those hit hard by tough economic times
Public Housing
‐ $4 billion to the public housing capital fund to enable local public housing agencies to address a $32 billion backlog in capital needs -- especially those improving energy efficiency in aging buildings.
‐ $2 billion for full-year payments to owners receiving Section 8 project-based rental assistance.
‐ $2 billion for the redevelopment of abandoned and foreclosed homes.
‐ $1.5 billion for homeless prevention activities, which will be sent out to states, cities and local governments through the emergency shelter grant formula.
‐ $250 million is included for energy retrofitting and green investments in HUD-assisted housing projects.
-$555 million to expand the Department of Defense Homeowners Assistance Program (HAP) during the national mortgage crisis
Conference Committee Report and final bill not yet posted, hopefully later this afternoon.
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