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42 U.S.C. § 12805 — REACH: asset recycling information dissemination

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 12805 — REACH: asset recycling information dissemination

**(a) In general** The Secretary shall make available upon request by any participating jurisdiction a list of eligible properties that are located within the jurisdiction and that are owned or controlled by the Department of Housing and Urban Development to facilitate the purchase, development, or rehabilitation of such properties with assistance made available under this subchapter. **(b) Eligible properties** An eligible property under this section shall— (1) be an unoccupied single-family or multifamily dwelling, such that acquisition and rehabilitation of the dwelling would not result in the displacement of any residents of the dwelling; and (2) have an appraised value that does not exceed (A) in the case of a 1- to 4-family dwelling, 95 percent of the median purchase price for the area for such dwellings, as determined by the Secretary, or (B) in the case of a dwelling with more than 4 units, the applicable maximum dollar amount limitation under section 1715l(d)(3)(ii) of title 12 for elevator-type structures.

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Stable record: federal_law:legal_authorities:record_usc_19b4bbb5758edafc88a6fd37
Source file: Laws/federal/codes/united-states-code/title-42/section-12805-reach-asset-recycling-information-dissemination--9d63b4f1a8.md
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Source location: Title 42, Chapter 130, § 12805; chapter-130-national-affordable-housing.md

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**(a) In general** The Secretary shall make available upon request by any participating jurisdiction a list of eligible properties that are located within the jurisdiction and that are owned or controlled by the Department of Housing and Urban Development to facilitate the purchase, development, or rehabilitation of such properties with assistance made available under this subchapter. **(b) Eligible properties** An eligible property under this section shall— (1) be an unoccupied single-family or multifamily dwelling, such that acquisition and rehabilitation of the dwelling would not result in the displacement of any residents of the dwelling; and (2) have an appraised value that does not exceed (A) in the case of a 1- to 4-family dwelling, 95 percent of the median purchase price for the area for such dwellings, as determined by the Secretary, or (B) in the case of a dwelling with more than 4 units, the applicable maximum dollar amount limitation under section 1715l(d)(3)(ii) of title 12 for elevator-type structures.

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 12810 — Sweat equity model program

**(a) In general** The Secretary shall make available a model program to provide grants to public and private nonprofit organizations and community housing development organizations to provide technical and supervisory assistance to low-income and very low-income families, including the homeless, in acquiring, rehabilitating, and constructing housing by the self-help housing method. **(b) Rehabilitation of properties** The program shall target for rehabilitation properties which have been acquired by the Federal, State, or local governments. **(c) Homeownership opportunities through sweat equity** (1) The program shall utilize the skilled or unskilled labor of eligible families in exchange for acquisition of the property. (2) Training shall be provided to eligible families in building and home maintenance skills. **(d) Rental opportunities through sweat equity** (1) The program shall include rental opportunities for eligible families which will help expand the stock of affordable housing which is most appropriate for the target group. (2) The use of the tenant’s skilled or unskilled labor shall be encouraged in lieu of or as a supplement to rent payments by the tenant. **(e) “Self-help housing” defined** The term “self-help housing” means the same as in [section 1490c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490c&num=0&edition=prelim). **(f) Additional restrictions** The guidelines for the model program shall generally comport with the additional protections and restrictions specified under [section 1490c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490c&num=0&edition=prelim).

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12810

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1437s — Declaration of policy and public housing agency organization

**(a) Declaration of policy** It is the policy of the United States— (1) to promote the general welfare of the Nation by employing the funds and credit of the Nation, as provided in this chapter— (A) to assist States and political subdivisions of States to remedy the unsafe housing conditions and the acute shortage of decent and safe dwellings for low-income families; (B) to assist States and political subdivisions of States to address the shortage of housing affordable to low-income families; and (C) consistent with the objectives of this subchapter, to vest in public housing agencies that perform well, the maximum amount of responsibility and flexibility in program administration, with appropriate accountability to public housing residents, localities, and the general public; (2) that the Federal Government cannot through its direct action alone provide for the housing of every American citizen, or even a majority of its citizens, but it is the responsibility of the Government to promote and protect the independent and collective actions of private citizens to develop housing and strengthen their own neighborhoods; (3) that the Federal Government should act where there is a serious need that private citizens or groups cannot or are not addressing responsibly; and (4) that our Nation should promote the goal of providing decent and affordable housing for all citizens through the efforts and encouragement of Federal, State, and local governments, and by the independent and collective actions of private citizens, organizations, and the private sector. **(b) Public housing agency organization** (1) **Required membership** — Except as provided in paragraphs (2) and (3), the membership of the board of directors or similar governing body of each public housing

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1437s

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1441 — Congressional declaration of national housing policy

The Congress declares that the general welfare and security of the Nation and the health and living standards of its people require housing production and related community development sufficient to remedy the serious housing shortage, the elimination of substandard and other inadequate housing through the clearance of slums and blighted areas, and the realization as soon as feasible of the goal of a decent home and a suitable living environment for every American family, thus contributing to the development and redevelopment of communities and to the advancement of the growth, wealth, and security of the Nation. The Congress further declares that such production is necessary to enable the housing industry to make its full contribution toward an economy of maximum employment, production, and purchasing power. The policy to be followed in attaining the national housing objective established shall be: (1) private enterprise shall be encouraged to serve as large a part of the total need as it can; (2) governmental assistance shall be utilized where feasible to enable private enterprise to serve more of the total need; (3) appropriate local public bodies shall be encouraged and assisted to undertake positive programs of encouraging and assisting the development of well-planned, integrated residential neighborhoods, the development and redevelopment of communities, and the production, at lower costs, of housing of sound standards of design, construction, livability, and size for adequate family life; (4) governmental assistance to eliminate substandard and other inadequate housing through the clearance of slums and blighted areas, to facilitate community development and redevelopment, and to provide adequate housing for urban and rural nonfarm families with incomes so low th

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1441

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 12805 — Sweat equity model program

Page 8476 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 12805 28, 1990, 104 Stat. 4128, which is classified to section 12839(b)(1) of this title. § 12805. Sweat equity model program (a) In general The Secretary shall make available a model program to provide grants to public and private nonprofit organizations and community housing development organizations to provide technical and supervisory assistance to low-income and very low-income families, including the home- less, in acquiring, rehabilitating, and con- structing housing by the self-help housing meth- od. (b) Rehabilitation of properties The program shall target for rehabilitation properties which have been acquired by the Fed- eral, State, or local governments. (c) Homeownership opportunities through sweat equity (1) The program shall utilize the skilled or un- skilled labor of eligible families in exchange for acquisition of the property. (2) Training shall be provided to eligible fami- lies in building and home maintenance skills. (d) Rental opportunities through sweat equity (1) The program shall include rental opportu- nities for eligible families which will help ex- pand the stock of affordable housing which is most appropriate for the target group. (2) The use of the tenant’s skilled or unskilled labor shall be encouraged in lieu of or as a sup- plement to rent payments by the tenant. (e) ‘‘Self-help housing’’ defined The term ‘‘self-help housing’’ means the same as in section 1490c of this title. (f) Additional restrictions The guidelines for the model program shall generally comport with the additional protec- tions and restrictions specified under section 1490c of this title. (Pub. L. 101–625, title II, § 255, Nov. 28, 1990, 104 Stat. 4121.) Statutory Notes and Related Subsidi

Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 12805

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