RENTAL ASSISTANCE DEMONSTRATION PROGRAM.

SEC. 212. [42 U.S.C. 1437f note] RENTAL ASSISTANCE DEMONSTRATION PROGRAM. The language under the heading “Rental Assistance Demonstration” in the Department of Housing and Urban Development Appropriations Act, 2012 (Public Law 112-55; 125 Stat. 673) is amended— (1) in the second proviso, by striking “until September 30, 2029” and inserting “for fiscal year 2012 and each fiscal year thereafter”; (2) in the fourth proviso, by striking “455,000” and inserting “555,000”; (3) in the twentieth proviso, as so designated before the date of enactment of this Act, by striking “or other means:” and inserting “or other means, including the adoption of a mandatory tenant lease and management plan addendum for a property with assistance converted, if not otherwise covered by another program, under this demonstration:”; and (4) by striking “vouchers to project-based vouchers.” and inserting “vouchers to project-based vouchers: Provided further, ThatTime period.AssessmentPublication. the Secretary shall annually assess and publish findings regarding the impact of the conversion of assistance under the First Component of the demonstration with respect to the preservation and improvement of public housing, the amount of private sector leveraging resulting from such conversion transactions, the prevalence of pre-conversion residents remaining in or returning to the property following conversion, and the effect of such conversion on tenants, including the impact of such conversion on the rights maintained by tenants as enumerated in regulations and other documents conferring rights upon tenants as developed by the Secretary, and other matters the Secretary may determine appropriate: Provided further, Penalties.That the Secretary may take remediative action or impose civil money penalties or other administrative sanctions for material violations of a requirement under the First and Second Components of this demonstration: Provided further, That nothing in the matter under this heading shall be construed to diminish, impair, or otherwise negatively affect the Rental Assistance Demonstration property rights of owners or rights of tenants, which shall remain enforceable by tenants, as enumerated in current law, regulations, and other agency guidance or notices as it relates to properties converted under the First and Second Components of the Rental Assistance Demonstration Program; Provided further, That any property owned by the public housing agency shall be used to replace, create, preserve, improve, or expand affordable housing supply, including as part of mixed use developments, and no conversion under the Rental Assistance Demonstration shall be used for sporting, private, or for-profit purposes, excluding those which maintain or expand housing supply which may use an affordable housing tax credit or other housing affordability program.”.