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42 U.S.C. § 1490r — Rural housing voucher program
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** To such extent or in such amounts as are approved in appropriation Acts, the Secretary shall carry out a rural housing voucher program to assist very low-income families and persons to reside in rental housing in rural areas. For such purposes, the Secretary may provide assistance using a payment standard based on the fair market rental rate established by the Secretary for the area. The monthly assistance payment for any family shall be the amount by which the payment standard for the area exceeds 30 per centum of the family’s monthly adjusted income, except that such monthly assistance payment shall not exceed the amount which the rent for the dwelling unit (including the amount allowed for utilities in the case of a unit with separate utility metering) exceeds 10 per centum of the family’s monthly gross income.
**(b) Coordination and limitation** In carrying out the rural housing voucher program under this section, the Secretary shall—
(1) coordinate activities under this section with activities assisted under sections 1485 and 1490m of this title; and
(2) enter into contracts for assistance for not more than 5000 units in any fiscal year.
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Stable record: federal_law:legal_authorities:record_usc_44cc0b448344f4ac14b0fa34
Source file: Laws/federal/codes/united-states-code/title-42/section-1490r-rural-housing-voucher-program--38185fc9e2.md
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Source location: Title 42, Chapter 8A, § 1490r; chapter-8a-slum-clearance-urban-renewal-and-farm-housing.md
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**(a) In general** To such extent or in such amounts as are approved in appropriation Acts, the Secretary shall carry out a rural housing voucher program to assist very low-income families and persons to reside in rental housing in rural areas. For such purposes, the Secretary may provide assistance using a payment standard based on the fair market rental rate established by the Secretary for the area. The monthly assistance payment for any family shall be the amount by which the payment standard for the area exceeds 30 per centum of the family’s monthly adjusted income, except that such monthly assistance payment shall not exceed the amount which the rent for the dwelling unit (including the amount allowed for utilities in the case of a unit with separate utility metering) exceeds 10 per centum of the family’s monthly gross income.
**(b) Coordination and limitation** In carrying out the rural housing voucher program under this section, the Secretary shall—
(1) coordinate activities under this section with activities assisted under sections 1485 and 1490m of this title; and
(2) enter into contracts for assistance for not more than 5000 units in any fiscal year.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** In this section:
(1) **Covered dwelling** — The term “covered dwelling” means a dwelling that—
(A) is occupied by a tenant—
(i) pursuant to a residential lease; or
(ii) without a lease or with a lease terminable under State law; and
(B) is on or in a covered property.
(2) **Covered property** — The term “covered property” means any property that—
(A) participates in—
(i) a covered housing program (as defined in [section 12491(a) of title 34](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title34-section12491/a&num=0&edition=prelim)); or
(ii) the rural housing voucher program under [section 1490r of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490r&num=0&edition=prelim); or
(B) has a—
(i) Federally backed mortgage loan; or
(ii) Federally backed multifamily mortgage loan.
(3) **Dwelling** — The term “dwelling”—
(A) has the meaning given the term in [section 3602 of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3602&num=0&edition=prelim); and
(B) includes houses and dwellings described in [section 3603(b) of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3603/b&num=0&edition=prelim).
(4) **Federally backed mortgage loan** — The term “Federally backed mortgage loan” includes any loan (other than temporary financing such as a construction loan) that—
(A) is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1 to 4 families, including any such secured loan, the proceeds of which are used to prepay or pay off an existing loan secured by the same p
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9058
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general**
(1) The Secretary may, to the extent approved in appropriation Acts, insure and guarantee loans under this subchapter during fiscal years 1993 and 1994, in aggregate amounts not to exceed $2,446,855,600 and $2,549,623,535, respectively, as follows:
(A) For insured or guaranteed loans under [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim) on behalf of low-income borrowers receiving assistance under [section 1490a(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/1&num=0&edition=prelim), $1,676,484,000 for fiscal year 1993 and $1,746,896,328 for fiscal year 1994.
(B) For guaranteed loans under [section 1472(h) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/h&num=0&edition=prelim) on behalf of low- and moderate-income borrowers, such sums as may be appropriated for fiscal years 1993 and 1994.
(C) For loans under [section 1474 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1474&num=0&edition=prelim), $12,400,000 for fiscal year 1993 and $12,920,800 for fiscal year 1994.
(D) For insured loans under [section 1484 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1484&num=0&edition=prelim), $16,821,600 for fiscal year 1993 and $17,528,107 for fiscal year 1994.
(E) For insured loans under [section 1485 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1485&num=0&edition=prelim), $739,500,000 for fiscal year 1993 and $770,559,000 for fiscal year 1994.
(F) For loans under [section 1490c(b)(1)(B) of this title](https://uscode.house.gov/
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1483
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Statement of purposes** The purpose of this section is to authorize the Secretary to make grants to eligible grantees including private nonprofit organizations, Indian tribes, general units of local government, counties, States, and consortia of other eligible grantees, in order to—
(1) rehabilitate or replace single family housing in rural areas which is owned by low- and very low-income persons and families, and
(2) rehabilitate or replace rental properties or cooperative housing which has a membership resale structure that enables the cooperative to maintain affordability for persons of low income in rural areas serving low- and very low-income occupants.
The Secretary may also provide tenant-based assistance as provided under [section 1437f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437f&num=0&edition=prelim) or [section 1490r of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490r&num=0&edition=prelim) upon the request of grantees in order to minimize the displacement of very low-income tenants residing in units rehabilitated or replaced with assistance under this section.
**(b) Mandatory program requirements** Preservation programs assisted under this section shall—
(1) be used to provide loans or grants to owners of single family housing in order to cover the cost of repairs and improvements;
(2) be used to provide loans or grants, not to exceed $15,000 per unit, to owners of single family housing to replace existing housing if repair or rehabilitation of the housing is determined by the Secretary not to be practicable and the owner of the housing is unable to afford a loan under [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-pr
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1490m
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Federal law — U.S. Code and appendices · legal_authorities
Page 4815
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 1490r
Subsecs. (m) to (r). Pub. L. 106–569, § 707(7), redesig-
nated subsecs. (n) to (s) as (m) to (r), respectively.
Former subsec. (m) redesignated (l).
Subsec. (s). Pub. L. 106–569, § 707(7), redesignated sub-
sec. (t) as (s). Former subsec. (s) redesignated (r).
Subsec. (s)(4). Pub. L. 106–569, § 707(4), added par. (4).
Subsec. (t). Pub. L. 106–569, § 707(7), redesignated sub-
sec. (u) as (t). Former subsec. (t) redesignated (s).
Pub. L. 106–569, § 707(5), inserted before period at end
‘‘to provide guarantees under this section for eligible
loans
having
an
aggregate
principal
amount
of
$500,000,000’’.
Subsec. (u). Pub. L. 106–569, § 707(8), added subsec. (u).
Former subsec. (u) redesignated (t).
Subsec. (v). Pub. L. 106–569, § 707(8), added subsec. (v).
1998—Subsec. (t). Pub. L. 105–276, § 599C(c)(1), sub-
stituted ‘‘each fiscal year’’ for ‘‘fiscal year 1998’’.
Subsec. (u). Pub. L. 105–276, § 599C(c)(2), added subsec.
(u) and struck out heading and text of former subsec.
(u). Text read as follows: ‘‘A loan may not be guaran-
teed under this section after September 30, 1998.’’
1997—Subsec. (q)(2). Pub. L. 105–86, § 735(c)(1), added
par. (2) and struck out heading and text of former par.
(2). Text read as follows: ‘‘In fiscal year 1996, the Sec-
retary may enter into commitments to guarantee loans
under this section only to the extent that the costs of
the guarantees entered into in such fiscal year do not
exceed $1,000,000.’’
Subsec. (t). Pub. L. 105–86, § 735(c)(2), added subsec. (t)
and struck out text of former subsec. (t). Text read as
follows: ‘‘There is authorized to be appropriated for fis-
cal year 1996 $1,000,000 for costs (as such term is defined
in section 661a of title 2) of
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 1490r
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.