South Carolina General Assembly
109th Session, 1991-1992

Bill 345

Indicates Matter Stricken
Indicates New Matter 

                    Current Status

Introducing Body:               Senate
Bill Number:                    345
Primary Sponsor:                Lourie
Committee Number:               02
Type of Legislation:            JR
Subject:                        Low and moderate income
                                elderly
Residing Body:                  Senate
Current Committee:              Banking and Insurance
Companion Bill Number:          3046
Computer Document Number:       345
Introduced Date:                Jan 08, 1991
Last History Body:              Senate
Last History Date:              Jan 08, 1991
Last History Type:              Introduced and read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   Lourie
                                Giese
                                Mullinax
                                Passailaigue
                                Rose
Type of Legislation:            Joint Resolution
History


 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 345   Senate  Jan 08, 1991  Introduced and read first       02
                             time, referred to Committee
 345   Senate  Dec 03, 1990  Prefiled, referred to           02
                             Committee
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A JOINT RESOLUTION

TO DIRECT THE SOUTH CAROLINA STATE HOUSING, FINANCE, AND DEVELOPMENT AUTHORITY IN COOPERATION WITH THE SOUTH CAROLINA COMMISSION ON AGING TO STUDY THE HOUSING NEEDS OF LOW AND MODERATE INCOME ELDERLY WITH SPECIAL ATTENTION TO REVERSE MORTGAGE PROGRAMS AND REPORT TO THE JOINT LEGISLATIVE COMMITTEE ON AGING.

Whereas, according to the South Carolina Commission on Aging's "Action Plan for the Elderly," 24.3 percent or 69,735 of the state's elderly population were living in poverty in 1980; and

Whereas, these are individuals with an annual income of $5,360 or less; and

Whereas, it is estimated that the elderly population in South Carolina increased by 46 percent from 1980-1990; and

Whereas, during this period the United States Government reduced the level of funding for all housing programs, and it is believed that the economic conditions of many elderly citizens has deteriorated; and

Whereas, since the quality of housing is closely related to income, it is reasonable to conclude that the number of elderly people in South Carolina who live in substandard housing is increasing at a rapid rate; and

Whereas, a study of this problem would produce a centralized source of data on the state's elderly housing needs and promote linkage between the State Housing, Finance, and Development Authority, South Carolina Commission on Aging, and private sector to develop a variety of housing options for South Carolina's older citizens. Now, therefore,

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The South Carolina State Housing, Finance, and Development Authority in cooperation with the South Carolina Commission on Aging shall study the housing needs of low and moderate income elderly with special attention to reverse mortgage programs. A report of the study must be provided to the Joint Legislative Committee on Aging by September 1, 1992.

SECTION 2. This act takes effect upon approval by the Governor.

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