PRINTER'S NO. 2174
No. 1704 Session of 1985
INTRODUCED BY F. E. TAYLOR, BURD, SEVENTY, MURPHY, DUFFY AND L. E. SMITH, OCTOBER 2, 1985
REFERRED TO COMMITTEE ON BUSINESS AND COMMERCE, OCTOBER 2, 1985
AN ACT 1 Amending the act of May 20, 1949 (P.L.1633, No.493), entitled, 2 as reenacted and amended, "An act providing and regulating 3 State assistance for housing and redevelopment, including 4 comprehensive programs for the development of entire sections 5 or neighborhoods; and making an appropriation," further 6 providing for grant authorizations. 7 The General Assembly of the Commonwealth of Pennsylvania 8 hereby enacts as follows: 9 Section 1. Section 4 of the act of May 20, 1949 (P.L.1633, 10 No.493), known as the Housing and Redevelopment Assistance Law, 11 reenacted and amended April 12, 1956 (1955 P.L.1449, No.477) and 12 amended December 16, 1968 (P.L.1219, No.385), is amended to 13 read: 14 Section 4. Grant Authorization.--The department is hereby 15 authorized, within the limitations hereinafter provided, (a) to 16 make capital grants in the furtherance of housing development 17 and to assist the construction and operating of housing projects 18 through the payment of such grants by contracting with 19 governmental agencies or authorities such as housing authorities
1 and urban redevelopment authorities, or with limited dividend 2 housing corporations, insurance companies, or any other private, 3 public or semi-public agencies, firms or corporations providing 4 adequate surety, acceptable to the department, guaranteeing 5 continuity of operation throughout the term of its contract, and 6 (b) to make capital grants to redevelopment authorities in the 7 furtherance of redevelopment, (c) to make capital grants to 8 municipalities [or to], redevelopment authorities or nonprofit 9 corporations for the prevention and elimination of blight, and 10 (d) to make capital grants to governmental agencies or 11 authorities, or nonprofit corporations for the purpose of 12 providing funds, which would be otherwise unavailable to 13 initiate, apply for, administer, and execute housing projects 14 financed under any Federal housing program, said housing 15 projects to be built and operated in accordance with Federal law 16 and regulations and shall not be bound by the conditions 17 attached to housing projects pursuant to section 4 (a), and said 18 grant shall not exceed ten per cent of the total cost of a 19 proposed project, and (e) to make capital grants to governmental 20 agencies or authorities, or nonprofit corporations for the 21 purpose of acquiring single family dwelling units which are in a 22 state of disrepair, and to rehabilitate said dwelling units and 23 to sell these dwelling units to persons or families whose income 24 is not higher than the highest annual income level in the lower 25 or middle third of nonfarm family incomes, and whose financial 26 resources would be insufficient to purchase said dwelling unit 27 after rehabilitation without the assistance provided by this 28 act, purchaser's income to be considered insufficient in cases 29 where more than twenty per cent of said income would be required 30 for debt service to liquidate the mortgage; the resale price for 19850H1704B2174 - 2 -
1 the rehabilitated dwelling unit shall not be less than the cost 2 of initial acquisition, nor more than the cost of acquisition 3 and rehabilitation; programs under this subsection 4 (e) shall 4 not be bound by the conditions attached to housing projects 5 produced under subsection 4 (a), and (f) to cooperate with and 6 make exchanges of the use of personnel, or funds with other 7 departments, agencies, or instrumentalities of the Commonwealth 8 in the execution of housing functions delegated to said 9 departments, agencies, or instrumentalities by the General 10 Assembly. 11 There shall be no discrimination against any person because 12 of race, color, religion or national origin in the rental or 13 occupancy of any housing constructed under the provisions of 14 this act. 15 Section 2. This act shall take effect in 60 days. E13L48RZ/19850H1704B2174 - 3 -