H.R. 5818 - Neighborhood Stabilization Act of 2008

Neighborhood Stabilization Act of 2008

H.R. 5818 — 110^th Congress (2007–2008)

Keywords

low income, crisis, mortgage, melt down

Summary

To authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs. (by CRS)

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Title

To authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs.

Other Titles

• Neighborhood Stabilization Act of 2008
• Neighborhood Stabilization Act of 2008
• Neighborhood Stabilization Act of 2008

Sponsor

Maxine Waters

Co-Sponsors

• Gwen Moore
• James McGovern
• Yvette Clarke
• Melvin Watt
• Keith Ellison
• Michael Capuano
• Stephen Lynch
• Tim Mahoney
• André Carson
• Nydia Velázquez
• Charles Wilson
• Kendrick Meek
• Betty McCollum
• Barbara Lee
• Barney Frank
• Al Green
• Carolyn Maloney
• William Clay
• Niki Tsongas
• Steve Cohen
• Albio Sires
• Brad Sherman
• Brian Higgins
• James Moran
• Edward Pastor
• Shelley Berkley
• Luis Gutiérrez

Subjects

• Housing
• Affordable housing
• Budgets
• Civil rights
• Collection of accounts
• Fair housing
• Federal aid to housing
• Federal-state relations
• Finance
• Foreclosure
• Government lending
• Home ownership
• Housing finance
• Housing subsidies
• Intergovernmental fiscal relations
• Low-income housing
• Mortgages
• Rental housing
• Residential rehabilitation
• State and local government
• Welfare
• Welfare recipients

Related Bills

• H.Res. 1174 (110^th) : Providing for Consideration of the Bill (H.R. 5818) to Authorize the Secretary of Housing and Urban Development to Make Loans to States to Acquire Foreclosed Housing and to Make Grants to States for Related Costs.

Major Actions

Introduced	4/16/2008
Referred to Committee
Amendments (7 proposed)
Passed House	5/08/2008

Bill History

• All Votes
• All Actions
• Amendments

	Chamber/Committee	Motion	Date	Result
select this vote	House	On agreeing to the Mahoney (FL) amendment (A003) Agreed to by voice vote.	5/08/2008	PASSED by voice vote
select this vote	House	On agreeing to the Kucinich amendment (A005) Agreed to by voice vote.	5/08/2008	PASSED by voice vote
select this vote	House	On Motion That The Committee Rise: H.R. 5818 Neighborhood Stabilization Act of 2008	5/08/2008	This motion DID NOT PASS the House 184 voted YES 231 voted NO 23 voted present/not voting
select this vote	House	On agreeing to the McCotter amendment (A006) Agreed to by voice vote.	5/08/2008	PASSED by voice vote
select this vote	House	Amendment 1 to H.R. 5818	5/08/2008	This amendment PASSED the House 256 voted YES 157 voted NO 25 voted present/not voting
select this vote	House	Amendment 2 to H.R. 5818	5/08/2008	This amendment PASSED the House 425 voted YES 0 voted NO 13 voted present/not voting
select this vote	House	Amendment 4 to H.R. 5818	5/08/2008	This amendment DID NOT PASS the House 190 voted YES 219 voted NO 29 voted present/not voting
select this vote	House	Amendment 7 to H.R. 5818	5/08/2008	This amendment PASSED the House 391 voted YES 33 voted NO 14 voted present/not voting
select this vote	House	On Motion to Recommit with Instructions: H.R. 5818 Neighborhood Stabilization Act of 2008	5/08/2008	This motion DID NOT PASS the House 210 voted YES 216 voted NO 7 voted present/not voting
currently selected	House	On Passage - House - H.R. 5818 Neighborhood Stabilization Act of 2008	5/08/2008	This bill PASSED the House 239 voted YES 188 voted NO 6 voted present/not voting

	Action	Date	Description
	Introduced	4/16/2008
		4/16/2008	Referred to the House Committee on Financial Services.
		4/23/2008	Committee Consideration and Mark-up Session Held.
	Put on a legislative calendar	4/23/2008	Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 26.
		5/01/2008	Reported (Amended) by the Committee on Financial Services. H. Rept. 110-616.
	Put on a legislative calendar	5/01/2008	Placed on the Union Calendar, Calendar No. 383.
		5/06/2008	Rules Committee Resolution H. Res. 1174 Reported to House. Rule provides for consideration of H.R. 5818. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against the committee amendment in the nature of a substitute are waived except those arising under clause 10 of rule XXI. Notwithstanding clause 11 of rule XVIII, no amendment to the committee amendment in the nature of a substitute shall be in order except those printed in the report of the Committee on Rules accompanying this resolution.
		5/07/2008	Rule H. Res. 1174 passed House.
		5/07/2008	Considered under the provisions of rule H. Res. 1174.
		5/07/2008	Rule provides for consideration of H.R. 5818. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against the committee amendment in the nature of a substitute are waived except those arising under clause 10 of rule XXI. Notwithstanding clause 11 of rule XVIII, no amendment to the committee amendment in the nature of a substitute shall be in order except those printed in the report of the Committee on Rules accompanying this resolution.
		5/07/2008	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1174 and Rule XVIII.
		5/07/2008	The Speaker designated the Honorable Ellen O. Tauscher to act as Chairwoman of the Committee.
		5/07/2008	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5818.
		5/08/2008	Amendment (A001) offered by Ms. Waters.
		5/08/2008	DEBATE - Pursuant the the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Waters amendment.
		5/08/2008	Amendment (A002) offered by Mrs. Capito.
		5/08/2008	POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Capito demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Capito amendment.
		5/08/2008	POSTPONED PROCEEDINGS - At the conclusion of debate on the Capito amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Capito demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
		5/08/2008	Mr. Simpson moved that the Committee rise.
		5/08/2008	UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption on amendments which had been debated earlier and on which further proceedings had been postponed.
		5/08/2008	Amendment (A003) offered by Mr. Mahoney (FL).
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Mahoney (FL) amendment.
select this vote	Vote	5/08/2008	On agreeing to the Mahoney (FL) amendment (A003) Agreed to by voice vote.
		5/08/2008	Amendment (A004) offered by Mr. Hensarling.
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Hensarling amendment.
		5/08/2008	POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Kucinich amendment.
		5/08/2008	Amendment (A005) offered by Mr. Kucinich.
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the McCotter amendment.
select this vote	Vote	5/08/2008	On agreeing to the Kucinich amendment (A005) Agreed to by voice vote.
		5/08/2008	Amendment (A006) offered by Mr. McCotter.
select this vote	Vote	5/08/2008	On Motion That The Committee Rise: H.R. 5818 Neighborhood Stabilization Act of 2008
select this vote	Vote	5/08/2008	On agreeing to the McCotter amendment (A006) Agreed to by voice vote.
		5/08/2008	DEBATE - Pursuant to the provisions of H. Res. 1174, the Committee of the Whole proceeded with ten minutes of debate on the Altmire amendment.
		5/08/2008	Amendment (A007) offered by Mr. Altmire.
select this vote	Vote	5/08/2008	Amendment 1 to H.R. 5818
		5/08/2008	POSTPONED PROCEEDINGS - At the conclusion of debate on the Altmire amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Altmire demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
		5/08/2008	Ms. Waters moved that the Committee rise.
		5/08/2008	On motion that the Committee rise Agreed to by voice vote.
		5/08/2008	Committee of the Whole House on the state of the Union rises leaving H.R. 5818 as unfinished business.
select this vote	Vote	5/08/2008	Amendment 2 to H.R. 5818
		5/08/2008	Considered as unfinished business.
		5/08/2008	The House resolved into Committee of the Whole House on the state of the Union for further consideration.
		5/08/2008	POINT OF ORDER - Mr. Westmoreland made a point of order that roll call 295 was held open for the sole purpose of changing the outcome. The Chair ruled that the most effective remedy was raising a question of privilege of the House as opposed to a point of order.
		5/08/2008	Mr. Westmoreland appealed the ruling of the Chair. The question was then put on sustaining the ruling of the Chair.
		5/08/2008	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 5818.
		5/08/2008	The previous question was ordered pursuant to the rule.
		5/08/2008	The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text: CR 5/7/2008 H31563-3166)
		5/08/2008	Mr. Shadegg moved to recommit with instructions to Financial Services.
		5/08/2008	DEBATE - The House proceeded with 10 minutes of debate on the Shadegg motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with sundry amendments.
select this vote	Vote	5/08/2008	Amendment 4 to H.R. 5818
		5/08/2008	The previous question on the motion to recommit with instructions was ordered without objection.
select this vote	Vote	5/08/2008	Amendment 7 to H.R. 5818
select this vote	Vote	5/08/2008	On Motion to Recommit with Instructions: H.R. 5818 Neighborhood Stabilization Act of 2008
currently selected	House Vote on Passage	5/08/2008	On Passage - House - H.R. 5818 Neighborhood Stabilization Act of 2008
		5/09/2008	The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 5818.
		5/12/2008	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

	Number	Sponsor	Date Offered	Status
select this vote	H. Amdt. 1039	Waters, Maxine [D-CA35]	May 7, 2008	Passed by roll call vote on May 7, 2008.
	Amendment provides for direct allocations to qualified metropolitan cities and qualified urban counties; makes the definition of operating expenses consistent with other HUD programs; and caps purchase price under the loan program at the current appraised value of the foreclosed property. Show amendment details
select this vote	H. Amdt. 1040	Capito, Shelley [R-WV2]	May 7, 2008	Passed by roll call vote on May 7, 2008.
	Amendment directs funds to be administered through the Office of Community Planning and Development of the Department of Housing and Urban Development rather than directing the Secretary to create a new program within the Department. Show amendment details
select this vote	H. Amdt. 1041	Mahoney, Tim [D-FL16]	May 7, 2008	Passed by voice vote on May 7, 2008.
	Amendment clarifies that nothing in the bill shall affect the right to bear arms under the Second Amendment to the Constitution of the United States. Show amendment details
select this vote	H. Amdt. 1042	Hensarling, Jeb [R-TX5]	May 7, 2008	Failed by roll call vote on May 8, 2008.
	Amendment sought to strike all references in the bill to providing grants to states, but leave the underlying loan program intact. Money from the grant portion of the bill ($7.5 billion) would be re-directed to the loan portion (for a total of $15 billion in loans). Show amendment details
select this vote	H. Amdt. 1043	Kucinich, Dennis [D-OH10]	May 7, 2008	Passed by voice vote on May 7, 2008.
	Amendment modifies the purposes of the legislation to emphasize the increasing rates of vacant and abandoned properties, and changes the state-to-local jurisdiction funding formula to ensure that up-to-date vacancy statistics are used to allocate the funds. Show amendment details
select this vote	H. Amdt. 1044	McCotter, Thaddeus [R-MI11]	May 7, 2008	Passed by voice vote on May 7, 2008.
	Amendment directs States using federal loans and grants for housing rehabilitation to give priority to veterans, members of the Armed Forces on active duty, members of the National Guard or Armed Forces reserves, school teachers, and emergency responders when reselling the rehabilitated property. Show amendment details
select this vote	H. Amdt. 1045	Altmire, Jason [D-PA4]	May 7, 2008	Passed by roll call vote on May 8, 2008.
	Amendment clarified that illegal immigrants shall be ineligible for financial assistance under the bill. Show amendment details