RAD Conversion Continuity Act in plain language
1: Short title
This section would let the bill be called the "Rental Assistance Demonstration Conversion Continuity Act" or the "RAD Conversion Continuity Act."
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1. Short title This Act may be cited as the Rental Assistance Demonstration Conversion Continuity Act or the RAD Conversion Continuity Act .
2: Approvals related to rental assistance demonstration program
This section would apply to a public housing project under the rental assistance demonstration program that already had its housing plans approved under section 7 of the United States Housing Act of 1937 (42 U.S.C. 1437e). Such a project could keep that prior approval after it converts to the rental assistance demonstration program, instead of having to seek new approval, and it could keep using that same approval process for any future approval it needs. A project that keeps its approval this way would still have to follow any terms or conditions that came with that approval. It would also have to go through the same process to get a certification that it originally used to become certified under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g). The section defines the rental assistance demonstration program as the program described under the heading "Rental Assistance Demonstration" in title II of the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2012, which is division C of Public Law 112-55 (125 Stat. 673).
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2. Approvals related to rental assistance demonstration program (a) In general With respect to a public housing project under the rental assistance demonstration program, such project for which housing plans have been approved under section 7 of the United States Housing Act of 1937 ( 42 U.S.C. 1437e ) may— (1) retain such approval after conversion to the rental assistance demonstration program; and (2) continue to use such approval process for any future approval. (b) Requirements A project that retains approval pursuant to subsection (a) shall— (1) continue to be subject to any terms or conditions of such approval; and (2) go through the same process to receive a certification as such project initially was certified under section 9 of the United States Housing Act of 1937 ( 42 U.S.C. 1437g ). (c) Rental assistance demonstration program defined In this section, the term rental assistance demonstration program means the program described under the heading Rental Assistance Demonstration in title II of the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2012 (division C of Public Law 112–55 ; 125 Stat. 673).