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CHAIRMAN FRANK INTRODUCES HOUSING PRESERVATION BILL

Thursday, March 18, 2010 - 5:15AM

U.S. House Financial Services Committee Chairman Barney Frank, D-Mass., yesterday introduced H.R. 4868, the Housing Preservation and Tenant Protection Act of 2010, to stem the loss of affordable rental housing units across the country. The bill is intended to provide resources and incentives to preserve affordable housing units; prevent the displacement of disabled, elderly and other low-income tenants; enhance rural housing programs; and establish a national database to further preservation.

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