Conference conferees adopt single durational affordability requirement for S.127
House conferees agreed to accept the Senate'proposed durational requirement that affordability covenants remain in effect until all project indebtedness is retired, applying the requirement to both owner'occupied and rental housing in the S.127 omnibus housing bill.
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House and Senate conferees working on S.127, the omnibus housing bill, agreed to apply a single durational affordability requirement across owner-occupied and rental housing, keeping affordability in place until a project's indebtedness is retired.
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