The United States Housing and Economic Recovery Act of 2008 was designed primarily to address the subprime mortgage crisis. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION. Schedules you have selected contains over Condition 2 is that the accommodation is made available in accordance with rules designed to ensure that it is made available to people whose needs are not adequately served by the commercial housing market. The Schedules you have selected contains over 200 provisions and might take some time to download. 2.2 There are two main factors of risk that are addressed by the Regulations and Order: 1. Revised legislation carried on this site may not be fully up to date. may also experience some issues with your browser, such as an alert box that a script is taking a long time to run. This date is our basedate. x��[mo�F� ���N"��].ɻ�8��^иI?��.�tzi/��ff�).E7E�J&gwg���������ܴ��.���}��Nj����o���}�e�n����2�~y�\�=v�%,O�>?ƒ�cI��Y.��.��<>�%_���?�8K�&w�x��'��n����כ�a�8�vo�"OY&h�p�Z^�|��XJ.�#3�nL�����K2���`�y�X�S켨��L~7g|��y1��Xi!f?�?n����_�>��*z�*�������|!go�&`�E5��r�6y���/ Legislation is available in different versions: Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legisla applies to ‘low cost rental’ accommodation, as defined by section 69 of the Housing and Regeneration Act 2008. s.299 and Sch.11 Housing and Regeneration Act 2008, brought into force by Housing and Regeneration Act 2008 (Commencement No.5) Order SI 2009/1261; Housing (Replacement of Terminated Tenancies) (Successor Landlords) (England) Order 2009 SI 2009/1262; Housing … Risk of early enfranchisement 2. Short title. (a) SHORT TITLE.—This Act may be cited as the ‘‘Housing and Economic Recovery Act of 2008’’. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site. 1002. 200 provisions and might take some time to download. Sec. Section 29 - Powers to form companies etc. On 1 May 1998, Part II of the Housing Grants, Construction & Regeneration Act 1996 came into force in England and Wales. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run. define social housing for the purposes of regulating social landlords as low-cost rental and low-cost homeownership accommodation. Shared ownership trusts has the same meaning as in Schedule 9 to the Finance Act 2003 (c. 14) (stamp duty land tax). <>
The Bill contains provisions to merge the housing investment and regeneration functions of the Housing Corporation and English Partnerships in a new Homes and Communities Agency. There are currently no known outstanding effects for the Housing and Regeneration Act 2008, Section 70. the owner of a freehold or leasehold interest in residential property (“the seller”) conveys it to an individual (“the buyer”), the buyer, in consideration for the conveyance—, pays the seller a sum (the “initial payment”) expressed to represent a percentage of the value of the interest at the time of the conveyance, and, agrees to pay the seller other sums calculated by reference to a percentage of the value of the interest at the time when each sum is to be paid, and. without The Whole 2010/862, art. Note: The Enterprise Act 2002 (Insolvency) Order 2003 (SI 2003/2096) made consequential changes to, amongst other things, section 113 of the Housing Grants (Construction and Regeneration) Act 1996. S. 70 in force at 8.9.2008 for specified purposes by, S. 70 in force at 1.4.2010 in so far as not already in force by, the original print PDF of the as enacted version that was used for the print copy, lists of changes made by and/or affecting this legislation item, confers power and blanket amendment details, links to related legislation and further information resources. The Whole �w{0,��Z�m^��f���T�H 200 provisions and might take some time to download. Housing and Regeneration Act 2008 . Dependent on the legislation item being viewed this may include: Click 'View More' or select 'More Resources' tab for additional information including: All content is available under the Open Government Licence v3.0 except where otherwise stated. 2 and Transitional, Saving and Transitory … Section 97(3)(a) of the Act of 2000 is amended by substituting “9 or fewer” for “4 or fewer”. Show Timeline of Changes: You 4 0 obj
Turning this feature on will show extra navigation options to go to these specific points in time. The 2008 Act refers to accommodation at rents below market rates and let to people whose needs are not adequately served by the commercial housing market. 70 of 2008: Prevention of and Treatment for Substance Abuse Act, 2008. The Whole On 1 October 2011, Part II of the Housing Grants, Construction and Regeneration Act 1996 was amended in England and Wales, by the Local Democracy, Economic Development & Construction Act 2009 (Part 8). Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Dependent on the legislation item being viewed this may include: Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. you have selected contains over You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run. Hammersmith and Fulham LBC v Monk (1992) 24 HLR 207, HL; Greenwich LBC v McGrady (1982) 6 HLR 36, CA. 36. Section 113, Prohibition of conditional payment provisions. The Act, which will be brought into force in stages, provides for: The creation of a new agency to deliver regeneration and housing in England, the Homes and Communities Agency. Part 2 Housing and Regeneration Act 2008 as amended by schedules 16 and 17 Localism Act 2011. long time to run. Section 28 - Business. For further information see the Editorial Practice Guide and Glossary under Help. Use this menu to access essential accompanying documents and information for this legislation item. you have selected contains over They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). (7)The Secretary of State may make regulations amending—. Social housing. The Housing Grants, Construction and Regeneration Act 1996 (HGRA - also known as the Construction Act) is intended to ensure that payments are made promptly throughout the supply chain and that disputes are resolved swiftly. 2008/2358, art. 2008 Housing and Regeneration Act . ��G�v�a.q u_��'k��?���KqC��&.����*�j�b�n��ȞP,%Q�����&�*/�4g>W�e��~���
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It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value. The Whole Act you have selected contains over 200 provisions and might take some time to download. Part Accommodation is low cost home ownership accommodation if the following conditions are satisfied. Retention and sustainability of shared ownership housing stock in hard to replace areas Amendment of Housing (Miscellaneous Provisions) Act 2009. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. (a)the definition of “low cost home ownership accommodation”; (b)the definition of any of the sub-categories specified in that definition. endobj
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The Housing and Regeneration Act 2008 (the Act) received Royal Assent on 22 July 2008. 3(1), I2S. Act Section 26 - Duty to act as agent in respect of regeneration and development. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts. Indicates the geographical area that this provision applies to. An Impact Assessment allows those with an interest in the policy area to understand: This timeline shows the different points in time where a change occurred. DIVISION A--HOUSING FINANCE REFORM. is granted on payment of a premium calculated by reference to a percentage of either the value of the accommodation or the cost of providing it, and. The Localism Act 2011 (the Localism Act) - This legislation significantly amends parts of the Housing and Regeneration Act 2008 (the 2008 Act) which established the objectives and certain powers of the social housing regulator. split households and availability of accommodation for whole household 4. unreasonable to continue to occupy accommodation without Schedules you have selected contains over 70 in force at 1.4.2010 in so far as not already in force by S.I. 2 (with Sch.). Act you have selected contains over Y�C7���1���e��|D%w��Y/��-��n�zy\��+xt�w�ȯ�,�}��;|�~����K�>��Ā��$�z#Ȳ�����k~���Y�����U��g��?��^9�)�q�*�v5�)uZ�}N��b1�!��W�S�Nq|sY��%��� You 1gL�zD�U���˃����`V��Dj�m �odW��X���O��(Ɗ����QU���5��xZ�5\q�t�J
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