Political Quotes

On the recordOctober 9, 1997
a number of items in the conference report or statement of the managers require further clarification or correction due to printers' errors. The items are as follows: Within the housing certificate fund, the legislation requires HUD to provide enhanced or sticky vouchers to residents to prevent displacement where an owner of a property chooses to prepay the outstanding indebtedness under a preservation mortgage (which prepayment can now be authorized at the option of a property owner). These enhanced vouchers, including those provided in prior years, are not just for the first year after prepayment but must renewed for each subsequent year so long as the assisted family continues to live in the property. Within the $32 million for section 107 grants under the CDBG Program, $4 million for technical assistance, $7.5 million for the Community Outreach Program, $6.5 million for Historically Black Colleges and Universities, $6.5 million for Community Development Work Study, with a $3 million set-aside for Hispanic-serving institutions, $7 million for insular areas, and $500 thousand for the National Center for the Revitalization of Central Cities. Within the Economic Development Initiative grants, there is a grant to Arab, AL. The statement inadvertently refers to Arab, IL.
Said by
Julian Bond
Alabama

Editor's note · Context

Addressing errors in a conference report related to housing and community development funding.

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