2017 US Code
Title 42 - The Public Health and Welfare
Chapter 130 - National Affordable Housing
Subchapter IV - Hope for Homeownership of Multifamily and Single Family Homes
Part A - Hope for Homeownership of Multifamily Units
Sec. 12871 - Program authority
| 42 U.S.C. § 12871 (2017) |
| §12871. Program authority |
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(a) In general
The Secretary is authorized to make— (1) planning grants to enable applicants to develop homeownership programs; and (2) implementation grants to enable applicants to carry out homeownership programs. In connection with a grant under this part, the Secretary may reserve authority to provide assistance under section 1437f of this title to the extent necessary to provide rental assistance for a nonpurchasing tenant who resides in the project on the date the Secretary approves the application for an implementation grant, for use by the tenant in another project. |
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(Pub. L. 101–625, title IV, §421, Nov. 28, 1990, 104 Stat. 4162; Pub. L. 102–550, title I, §181(a)(2)(B)(i), Oct. 28, 1992, 106 Stat. 3735.) |
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REFERENCES IN TEXT
This part, referred to in subsec. (b), was in the original "this subtitle", meaning subtitle B (§§421–431) of title IV of Pub. L. 101–625, Nov. 28, 1990, 104 Stat. 4162, which enacted this part and amended section 1709 of Title 12, Banks and Banking. AMENDMENTS1992—Subsec. (c). Pub. L. 102–550 struck out subsec. (c) which read as follows: "Authorization of Appropriations.—There is authorized to be appropriated for grants under this part $51,000,000 for fiscal year 1991 and $280,000,000 for fiscal year 1992. Any amounts appropriated pursuant to this subsection shall remain available until expended." |
| United States Code, 2012 Edition, Supplement 5, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 130 - NATIONAL AFFORDABLE HOUSING SUBCHAPTER IV - HOPE FOR HOMEOWNERSHIP OF MULTIFAMILY AND SINGLE FAMILY HOMES Part A - HOPE for Homeownership of Multifamily Units Sec. 12871 - Program authority |
| section 12871 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 104 Stat. 4162 106 Stat. 3735 |
| Public Law 101-625, Public Law 102-550 |
