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42 U.S.C. § 12872 — Program authority

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

42 U.S.C. § 12872 — Program authority

**(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. **(b) Authority to reserve housing assistance** In connection with a grant under this part, the Secretary may reserve authority to provide assistance under [section 1437f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437f&num=0&edition=prelim) 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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Source location: Title 42, Chapter 130, § 12872; chapter-130-national-affordable-housing.md

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

42 U.S.C. § 1437f — Repealed. Pub. L. 93–383, title II, § 204, Aug. 22, 1974, 88 Stat. 668

### 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.

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

12 U.S.C. § 1709 — Transfer of New Communities Fund assets and liabilities

The Secretary shall transfer all assets and liabilities of the fund established pursuant to section 717 of the Housing and Urban Development Act of 1970, as amended ([42 U.S.C. 4518](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4518&num=0&edition=prelim)), to the Revolving fund (liquidating programs) established pursuant to title II of the Independent Offices Appropriation Act, 1955, as amended ([12 U.S.C. 1701g–5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701g-5&num=0&edition=prelim)).

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

42 U.S.C. § 12874 — Implementation grants

**(a) Grants** The Secretary is authorized to make implementation grants to applicants for the purpose of carrying out homeownership programs approved under this part. **(b) Eligible activities** Implementation grants may be used for activities to carry out homeownership programs (including programs for cooperative ownership), including the following activities: (1) Architectural and engineering work. (2) Acquisition of the eligible property for the purpose of transferring ownership to eligible families in accordance with a homeownership program that meets the requirements under this part. (3) Rehabilitation of any property covered by the homeownership program, in accordance with standards established by the Secretary. (4) Abatement of lead-based paint hazards, as required by [section 4822(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4822/a&num=0&edition=prelim). (5) Administrative costs of the applicant, which may not exceed 15 percent of the amount of the assistance provided under this section. (6) Development of resident management corporations and resident management councils, but only if the applicant has not received assistance under section 12872 11 See References in Text note below. of this title for such activities. (7) Counseling and training of homebuyers and homeowners under the homeownership program. (8) Relocation of tenants who elect to move. (9) Any necessary temporary relocation of tenants during rehabilitation. (10) Planning for establishment of for- or not-for-profit small businesses by or on behalf of residents, job training, and other activities that promote economic self-sufficiency of homebuyers and homeowners of the property covered by the homeownership program and economic development o

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

42 U.S.C. § 12872 — Planning grants

Page 8489 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 12872 Editorial Notes REFERENCES IN TEXT This part, referred to in subsec. (b), was in the origi- nal ‘‘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. AMENDMENTS 1992—Subsec. (c). Pub. L. 102–550 struck out subsec. (c) which read as follows: ‘‘AUTHORIZATION OF APPRO- PRIATIONS.—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 appro- priated pursuant to this subsection shall remain avail- able until expended.’’ § 12872. Planning grants (a) Grants The Secretary is authorized to make planning grants to applicants for the purpose of devel- oping homeownership programs under this part. The amount of a planning grant under this sec- tion may not exceed $200,000, except that the Secretary may for good cause approve a grant in a higher amount. (b) Eligible activities Planning grants may be used for activities to develop homeownership programs (which may include programs for cooperative ownership), in- cluding— (1) development of resident management cor- porations and resident councils; (2) training and technical assistance of ap- plicants related to the development of a spe- cific homeownership program; (3) studies of the feasibility of a homeowner- ship program; (4) inspection for lead-based paint hazards, as required by section 4822(a) of this title; (5) preliminary architectural and engineer- ing work; (6) tenant and homebuyer counseling and training; (7) planning for economic development, job training, and self-sufficiency activities that promote econo

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