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Code · BILL · 114th Congress · S. 3083 (Introduced in Senate) — To provide housing opportunities in the United States through modernization of various housing programs, and for othe... · Sec. 105

Sec. 105. Units owned by public housing agencies

196 words·~1 min read·/bill/114/s/3083/is/section-105

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Section 8(o)(11) of the United States Housing Act of 1937 ( 42 U.S.C. 1437f(o)(11) ) is amended— by striking
(11)and inserting the following: Leasing of units owned by pha .—If If ; and by adding at the end the following: For purposes of this subsection, the term owned by a public housing agency means, with respect to a dwelling unit, that the dwelling unit is in a project that is owned by such agency, by an entity wholly controlled by such agency, or by a limited liability company or limited partnership in which such agency (or an entity wholly controlled by such agency) holds a controlling interest in the managing member or general partner. A dwelling unit shall not be deemed to be owned by a public housing agency for purposes of this subsection because the agency holds a fee interest as ground lessor in the property on which the unit is situated, holds a security interest under a mortgage or deed of trust on the unit, or holds a non-controlling interest in an entity which owns the unit or in the managing member or general partner of an entity which owns the unit. .
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Sec. 105
Units owned by public housing agencies
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