Replaces everything after the enacting clause. Amends the Housing Authorities Act. Provides that exemptions to federal, State, or local requirements may be granted to a Housing Authority in the form of Waivers, Exclusions, Public Notices, Executive Orders, or Moving to Work Agreements approved by the U.S. Department of Housing and Urban Development. Makes a provision concerning tenant-income exclusions inapplicable to specified Housing programs. Effective immediately.