Detailed Summary

<b>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)</b>

Rural Housing and Economic Development Improvement Act of 2007 - Authorizes the Secretary of Housing and Urban Development, through the Office of Rural Housing and Economic Development, to implement an assistance program to support innovative housing and economic development activities in rural areas by: (1) Indian tribes; (2) state housing finance agencies; (3) state community or economic development agencies; (4) local nonprofit organizations; and (5) community development corporations.

Directs the Secretary of Housing and Urban Development to require, as a condition of initial or continuing assistance under this Act for any housing or economic development activity, that each member of a family so assisted (or of a family applying for such assistance) who is 18 years of age or older, or is the spouse of the head of household, has a valid Social Security number.

Authorizes appropriations for FY2008-FY2013.

Status of the Legislation

Latest Major Action: 7/17/2007: Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Points in Favor

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Points Against

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