2016 US Code
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

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Citation 42 U.S.C. § 12803 (2016)
Section Name §12803. Rental rehabilitation
Section Text (a) In general

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 subsidy

The 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 restrictions

The guidelines of the model program shall generally comport with the additional protections and restrictions specified under section 1437o(c) 1 of this title.

Source Credit

(Pub. L. 101–625, title II, §253, Nov. 28, 1990, 104 Stat. 4121.)

Editorial Notes REFERENCES IN TEXT

Section 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 (c), was repealed by Pub.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.

Footnotes

1 See References in Text note below.

Publication Title United States Code, 2012 Edition, Supplement 4, 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 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large References 104 Stat. 4121, 4128
Public Law References Public Law 101-625
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