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Workforce Residential Housing Act of 2014

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Official summary

Version 00 · Introduced in Senate · Sep 18, 2014

Workforce Residential Housing Act of 2014 - Amends the National Housing Act to except from the prohibition against the use of houses built with federally insured mortgages for transient or hotel housing certain mulifamily housing that is a short-term residential property, provided that the Secretary of Housing and Urban Development (HUD) has determined that the provision of such insurance is appropriate.

Defines "short-term residential property" as multifamily housing that:

has more than 50 dwelling units, each of which contains a kitchen and bathroom facilities;

provides mailboxes for each unit;

rents the units for a minimum stay of seven days; and

does not provide food or beverage services, daily maid services, furnishing and laundering of linen without charge, or bellhop services.

Directs the Secretary to: (1) evaluate the risk of providing mortgage insurance for short-term residential properties, and (2) report to Congress on whether any additional risk to the General Insurance Fund resulting from the provision of mortgage insurance for such properties is appropriate.

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Who introduced it

Sen. Moran, Jerry [R-KS] · R–KS

Committees

  • Banking, Housing, and Urban Affairs Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.

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