Post by Ben on Jun 15, 2016 11:47:25 GMT
Israeli Settlement Housing Act
Introduced by MK Rafi Meir
Introduction:
To provide rental assistance to low-income tenants in all Israeli settlements throughout the West Bank
Bill:
“(1) AUTHORITY.—Subject to the availability of amounts provided in appropriation Acts and to paragraph (3), the Minister of Finance shall provide Israeli settlements, vouchers under this section, in the amount provided under this section, to any low-income household (including those not receiving rental assistance)
“(2) ADMINISTRATION AND SUBSIDIES.—The Minister of Finance shall, to the maximum extent practicable, administer and operate such vouchers with current regulations and administrative guidance applicable to enhanced vouchers. The amount of rental assistance provided on behalf of holders of such vouchers shall be the same as that provided on behalf of holders of enhanced vouchers in 90,000 shekels-$23,370.39
(3) TERMINATION OF ASSISTANCE.—The Minister of Finance shall terminate the provision of voucher assistance pursuant to this subsection, with respect to a property, if—
“(A) at any time, a new loan is made or insured for the property; and
“(B) as a result of such loan, rental assistance is provided on behalf of the voucher holder in an amount comparable to the rental assistance provided on behalf of the voucher holder under the voucher program.”.
Requirement To accept housing vouchers.—No owner of a property financed with a loan made or insured under this section, whether such loan is outstanding or fully paid, may refuse to lease an available dwelling unit in the property to a household on behalf of whom voucher assistance is provided , and to enter into a voucher contract respecting such unit, a proximate cause of which is the status of such current or prospective tenant as a holder of such voucher.”
“(1) IN GENERAL.—The Minister of Finance may establish a Multifamily Housing Revitalization Program for the preservation and revitalization of multifamily housing projects funded with loans made available to ensure that such projects have sufficient resources to provide safe and affordable housing for low-income residents.
(2) REQUIREMENTS.—In exchange for assistance provided pursuant to this subsection, the Secretary shall enter into with the property owner a restrictive use agreement to ensure that the property remains subject to low-income use restrictions for an additional period of time consistent with the terms of the restructuring.
Law Enactment:
The Law shall be enacted and in force once the Knesset as passed the law and upon the Presidents signature.
Introduced by MK Rafi Meir
Introduction:
To provide rental assistance to low-income tenants in all Israeli settlements throughout the West Bank
Bill:
“(1) AUTHORITY.—Subject to the availability of amounts provided in appropriation Acts and to paragraph (3), the Minister of Finance shall provide Israeli settlements, vouchers under this section, in the amount provided under this section, to any low-income household (including those not receiving rental assistance)
“(2) ADMINISTRATION AND SUBSIDIES.—The Minister of Finance shall, to the maximum extent practicable, administer and operate such vouchers with current regulations and administrative guidance applicable to enhanced vouchers. The amount of rental assistance provided on behalf of holders of such vouchers shall be the same as that provided on behalf of holders of enhanced vouchers in 90,000 shekels-$23,370.39
(3) TERMINATION OF ASSISTANCE.—The Minister of Finance shall terminate the provision of voucher assistance pursuant to this subsection, with respect to a property, if—
“(A) at any time, a new loan is made or insured for the property; and
“(B) as a result of such loan, rental assistance is provided on behalf of the voucher holder in an amount comparable to the rental assistance provided on behalf of the voucher holder under the voucher program.”.
Requirement To accept housing vouchers.—No owner of a property financed with a loan made or insured under this section, whether such loan is outstanding or fully paid, may refuse to lease an available dwelling unit in the property to a household on behalf of whom voucher assistance is provided , and to enter into a voucher contract respecting such unit, a proximate cause of which is the status of such current or prospective tenant as a holder of such voucher.”
“(1) IN GENERAL.—The Minister of Finance may establish a Multifamily Housing Revitalization Program for the preservation and revitalization of multifamily housing projects funded with loans made available to ensure that such projects have sufficient resources to provide safe and affordable housing for low-income residents.
(2) REQUIREMENTS.—In exchange for assistance provided pursuant to this subsection, the Secretary shall enter into with the property owner a restrictive use agreement to ensure that the property remains subject to low-income use restrictions for an additional period of time consistent with the terms of the restructuring.
Law Enactment:
The Law shall be enacted and in force once the Knesset as passed the law and upon the Presidents signature.