2014 US Code
Title 42 - The Public Health and Welfare (Sections 1 - 18445)
Chapter 130 - National Affordable Housing (Sections 12701 - 12899i)
Subchapter II - Investment in Affordable Housing (Sections 12721 - 12840)
Part D - Specified Model Programs (Sections 12801 - 12810)
Sec. 12803 - Rental rehabilitation
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 130 - NATIONAL AFFORDABLE HOUSING SUBCHAPTER II - INVESTMENT IN AFFORDABLE HOUSING Part D - Specified Model Programs Sec. 12803 - Rental rehabilitation |
| Contains | section 12803 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 101-625, title II, §253, Nov. 28, 1990, 104 Stat. 4121. |
| Statutes at Large References | 104 Stat. 4121, 4128 |
| Public and Private Laws | Public Law 101-625 |
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The Secretary shall make available a model program to support the rehabilitation of privately owned rental housing located in neighborhoods where the median income does not exceed 80 percent of the area median as determined by the Secretary and where rents can reasonably be expected not to change materially over an extended period of time.
(b) Amount of subsidyThe amount of the rehabilitation subsidy shall be moderate and shall generally not exceed 50 percent of the total costs associated with the rehabilitation of the housing.
(c) Additional restrictionsThe guidelines of the model program shall generally comport with the additional protections and restrictions specified under section 1437o(c) 1 of this title.
(Pub. L. 101–625, title II, §253, Nov. 28, 1990, 104 Stat. 4121.)
REFERENCES IN TEXTSection 1437o of this title, referred to in subsec. (c), was repealed by Pub. L. 101–625, title II, §289(b), Nov. 28, 1990, 104 Stat. 4128.
1 See References in Text note below.
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