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Federal law — U.S. Code and appendices · legal_authorities
The Congress affirms the national goal that every American family be able to afford a decent home in a suitable environment.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12701
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Source file: Laws/federal/codes/united-states-code/title-42/section-12701-national-housing-goal--853e3251be.md
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Source location: Title 42, Chapter 130, § 12701; chapter-130-national-affordable-housing.md
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes Section, act Aug. 2, 1954, ch. 649, title VIII, § 815, 68 Stat. 647, required submission of specifications by applicants prior to award of any contract for construction of a project and submission of data with respect to acquisition of land prior to authorization to purchase such land.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1437f
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes Section, act Aug. 10, 1948, ch. 832, title III, § 304, as added July 15, 1949, ch. 338, title IV, § 401, 63 Stat. 431, provided for appointment, powers, and compensation of a Director. Section was previously repealed by Pub. L. 89–534, § 8(a), Sept. 6, 1966, 80 Stat. 655.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1706e
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Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “National Housing Act.”
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1702
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Goals** The Secretary of Housing and Urban Development shall manage or dispose of multifamily housing projects that are owned by the Secretary or that are subject to a mortgage held by the Secretary in a manner that— (1) is consistent with the National Housing Act [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701&num=0&edition=prelim) et seq.] and this section; (2) will protect the financial interests of the Federal Government; and (3) will, in the least costly fashion among reasonable available alternatives, address the goals of— (A) preserving certain housing so that it can remain available to and affordable by low-income persons; (B) preserving and revitalizing residential neighborhoods; (C) maintaining existing housing stock in a decent, safe, and sanitary condition; (D) minimizing the involuntary displacement of tenants; (E) maintaining housing for the purpose of providing rental housing, cooperative housing, and homeownership opportunities for low-income persons; (F) minimizing the need to demolish multifamily housing projects; (G) supporting fair housing strategies; and (H) disposing of such projects in a manner consistent with local housing market conditions. In determining the manner in which a project is to be managed or disposed of, the Secretary may balance competing goals relating to individual projects in a manner that will further the purposes of this section. **(b) Definitions** For purposes of this section: (1) **Multifamily housing project** — The term “multifamily housing project” means any multifamily rental housing project which is, or prior to acquisition by the Secretary was, assisted or insured under the National Housing Act [[12 U.S.C. 1701](https://uscode.house.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1715z–4a
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Purpose** The purpose of this section is to provide homeownership and rental housing opportunities for very low-income, low-income, and moderate-income families. **(b) Funding and limitations of program** (1) **Duration of program** — The provisions of this section shall be effective, subject to the provisions of paragraph (2), only during the 3-year period beginning upon the commencement of the first fiscal year for which amounts are provided pursuant to paragraph (2)(A). (2) **Annual fiscal limitations** (A) *In general* — In each fiscal year during the 3-year period referred to in paragraph (1), the provisions of this section shall apply only— (i) to such extent or in such amounts as are provided in appropriations Acts for any losses resulting during the fiscal year from the sale of properties under this section, except that such amounts for losses may not exceed $30,000,000 in any fiscal year; and (ii) to the extent that amounts are provided in appropriations Acts pursuant to subparagraph (C) for any other costs relating to the program under this section. (B) *Definition of losses* — For purposes of this paragraph, the amount of losses resulting from the sale of properties under this section during any fiscal year shall be the amount equal to the sum of any affordable housing discounts reasonably anticipated to accrue during the fiscal year. (C) *Authorization of appropriations* — There are authorized to be appropriated, for each fiscal year during the 3-year period referred to in paragraph (1), such sums as may be necessary for any costs of the program under this section other than losses resulting from the sale of properties under this section. (D) *Other definitions* — For purposes of this paragraph: (i) *Affordable housing dis
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1831q
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Determination of credits for increases in community enterprise activities** (1) **In general** — The Community Enterprise Assessment Credit Board established under subsection (d) shall issue guidelines for insured depository institutions eligible under this subsection for any community enterprise assessment credit with respect to any semiannual period. Such guidelines shall— (A) designate the eligibility requirements for any institution meeting applicable capital standards to receive an assessment credit under [section 1817(b)(7) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1817/b/7&num=0&edition=prelim); and (B) determine the community enterprise assessment credit available to any eligible institution under paragraph (3). (2) **Qualifying activities** — An insured depository institution may apply for for 11 So in original. any community enterprise assessment credit for any semiannual period for— (A) the amount, during such period, of new originations of qualified loans and other assistance provided for low- and moderate-income persons in distressed communities, or enterprises integrally involved with such neighborhoods, which the Board determines are qualified to be taken into account for purposes of this subsection; (B) the amount, during such period, of deposits accepted from persons domiciled in the distressed community, at any office of the institution (including any branch) located in any qualified distressed community, and new originations of any loans and other financial assistance made within that community, except that in no case shall the credit for deposits at any institution or branch exceed the credit for loans and other financial assistance by the bank or branch in the distressed community;
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1834a
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment and purpose** (1) **In general** — The Secretary of Housing and Urban Development (in this section referred to as the “Secretary”) shall establish and manage a Housing Trust Fund, which shall be funded with amounts allocated by the enterprises under [section 4567 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4567&num=0&edition=prelim) and any amounts as are or may be appropriated, transferred, or credited to such Housing Trust Fund under any other provisions of law. The purpose of the Housing Trust Fund under this section is to provide grants to States (as such term is defined in [section 4502 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4502&num=0&edition=prelim)) for use— (A) to increase and preserve the supply of rental housing for extremely low- and very low-income families, including homeless families; and (B) to increase homeownership for extremely low- and very low-income families. (2) **Federal assistance** — For purposes of the application of Federal civil rights laws, all assistance provided from the Housing Trust Fund shall be considered Federal financial assistance. **(b) Allocations for HOPE bond payments** (1) **In general** — Notwithstanding subsection (c), to help address the mortgage crisis, of the amounts allocated pursuant to clauses (i) and (ii) of [section 4567(a)(1)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4567/a/1/B&num=0&edition=prelim) and clauses (i) and (ii) of [section 4567(a)(2)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4567/a/2/B&num=0&edition=prelim) in excess of amounts described in [section 4567(e) of this title](ht
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4582
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Existing rights and duties** Except as provided in sections 4181 and 4182 of this title, this chapter may not be construed to affect the validity of any right, duty, or obligation of the United States or other person arising under or pursuant to any commitment or agreement lawfully entered into before October 1, 1997, under the United States Housing Act of 1937 [[42 U.S.C. 1437](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437&num=0&edition=prelim) et seq.], subtitle D of title IV of the Cranston-Gonzalez National Affordable Housing Act [[42 U.S.C. 12899](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12899&num=0&edition=prelim) et seq.],11 See References in Text note below. title II of the Cranston-Gonzalez National Affordable Housing Act [[42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.], title IV of the McKinney-Vento Homeless Assistance Act [[42 U.S.C. 11360](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section11360&num=0&edition=prelim) et seq.], or section 2 of the HUD Demonstration Act of 1993. **(b) Obligations under repealed provisions** Notwithstanding the amendments made by this subchapter, any obligation of the Secretary made under or pursuant to title II of the Cranston-Gonzalez National Affordable Housing Act [[42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.], title IV of the McKinney-Vento Homeless Assistance Act [[42 U.S.C. 11360](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section11360&num=0&edition=prelim) et seq.], or section 2 of the HUD Demonstration Act of 1993 shall continu
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 4193
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Federal law — U.S. Code and appendices · legal_authorities
Nothing in this chapter or an amendment made by this chapter prohibits or prevents any participating jurisdiction (within the meaning of the HOME Investment Partnerships Act ([42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.)) from providing any amounts made available to the participating jurisdiction under that Act ([42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.) to an Indian tribe or a tribally designated housing entity for use in accordance with that Act ([42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.).
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 4194
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Federal law — U.S. Code and appendices · legal_authorities
For purposes of this subpart— (1) the term “assisted housing” means housing assisted— (A) under sections 11 So in original. Probably should be “section”. 1715e, 1715k, 1715l(d)(3), 1715l(d)(4), 1715n(e), 1715v, or 1715z–1 of title 12; (B) under [section 1701s of title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701s&num=0&edition=prelim); (C) under [section 1701q of title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701q&num=0&edition=prelim); (D) under section 811 of the Cranston-Gonzales 22 So in original. Probably should be “Cranston-Gonzalez”. National Affordable Housing Act ([42 U.S.C. 8013](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section8013&num=0&edition=prelim)); (E) under title II of the Cranston-Gonzales 2 National Affordable Housing Act [[42 U.S.C. 12721](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12721&num=0&edition=prelim) et seq.]; (F) under subtitle D of title VIII of the Cranston-Gonzalez National Affordable Housing Act ([42 U.S.C. 12901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12901&num=0&edition=prelim) et seq.); (G) under title I of the Housing and Community Development Act of 1974 ([42 U.S.C. 5301](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section5301&num=0&edition=prelim) et seq.); or (H) under [section 1437f of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437f&num=0&edition=prelim); (2) the term “continuum of care” means a community plan developed to organize and deliver housing and services to meet the specific needs of people who are homeless as they move to stable housing and achieve
Source: Supplied U.S. Code snapshot — release unconfirmed · 34 U.S.C. § 12474
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