It is a small provision which will grant to the District of Columbia Housing Finance Agency the authority to issue multifamily housing bonds and mortgage subsidy bonds. For the record. I would like briefly to explain my understanding of the genesis of this provision. My colleagues know that 1 year ago the Supreme Court invalidated the legislative veto mechanism contained in the Immigration and Naturalization Act in INS against Chadha. 103 S.Ct. 2764 (1983). In so doing. the Supreme Court also cast grave doubt on the future of all other legislative veto provisions. The District of Columbia Home Rule Act contains just this sort of legislative veto. and Chadha has called into question actions taken by the citys home rule government.
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