Blaine Luetkemeyer: “Congressman Capuano has asked whether it is the intention of the bill's managers that the commitment of project- based…”

“Congressman Capuano has asked whether it is the intention of the bill's managers that the commitment of project- based vouchers to replace the former public housing units in a newly constructed development such as one he described in Boston would fall within the bill's exception for units attached to units previously receiving another type of long-term HUD subsidy. The answer is yes. It is the managers' intention that the replacement units for the current public housing units would be covered by the bill's exception for units previously receiving long-term HUD assistance, and thus that commitment of project-based vouchers to such units would not count against the 20 percent limitation. The Acting CHAIR. All time for general debate has expired. Pursuant to the rule, the bill shall be considered for amendment under the 5-minute rule. In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services, printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the 5-minute rule an amendment in the nature of a substitute consisting of the text of Rules Committee print 114-42. That amendment in the nature of a substitute shall be considered as read. The text of the amendment in the nature of a substitute is as follows: H.R. 3700 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1.…”