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42 U.S.C. § 12783 — Project-specific assistance to community housing development organizations

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

42 U.S.C. § 12783 — Project-specific assistance to community housing development organizations

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Stable record: federal_law:legal_authorities:record_usc_fb4ee2487145e743a09f186c
Source file: Laws/federal/codes/united-states-code/title-42/section-12783-project-specific-assistance-to-community-housing-development-organizatio--f60560fc31.md
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Source location: Title 42, Chapter 130, § 12783; chapter-130-national-affordable-housing.md

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**(a) In general** Amounts reserved under [section 12771 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12771&num=0&edition=prelim) may be used for activities eligible under [section 12742 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12742&num=0&edition=prelim) and, in amounts not to exceed 10 percent of the amounts so reserved, for other activities specified under this section. **(b) Project-specific technical assistance and site control loans** (1) **In general** — Amounts reserved under [section 12771 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12771&num=0&edition=prelim) may be used to provide technical assistance and site control loans to community housing development organizations in the early stages of site development for an eligible project. Such loans shall not exceed amounts that the jurisdiction determines to be customary and reasonable project preparation costs allowable under paragraph (2). (2) **Allowable expenses** — A loan under this subsection may be provided to cover project expenses necessary to determine project feasibility (including costs of an initial feasibility study), consulting fees, costs of preliminary financial applications, legal fees, architectural fees, engineering fees, engagement of a development team, site control and title clearance. (3) **Repayment** — A community housing development organization that receives a loan under this subsection shall repay the loan to the participating jurisdiction’s HOME Investment Trust Fund from construction loan proceeds or other project income. The participating jurisdiction may waive repayment of the loan, in part or in whole, if there are impediments to project development that the participating jurisdiction determines are reasonably beyond the control of the borrower. **(c) Project-specific seed money loans** (1) **In general** — Amounts reserved under [section 12771 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12771&num=0&edition=prelim) may be used to provide loans to community housing development organizations to cover preconstruction project costs that the jurisdiction determines to be customary and reasonable, including, but not limited to the costs of obtaining firm construction loan commitments, architectural plans and specifications, zoning approvals, engineering studies and legal fees. (2) **Eligible sponsors** — A loan under this subsection may be provided only to a community housing development organization that has, with respect to the project concerned, site control, a preliminary financial commitment, and a capable development team. (3) **Repayment** — A community housing development organization that receives a loan under this subsection shall repay the loan to the jurisdiction’s HOME Investment Trust Fund from construction loan proceeds or other project income. The participating jurisdiction may waive repayment of the loan, in whole or in part, if there are impediments to project development that the participating jurisdiction determines are reasonably beyond the control of the borrower.

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

42 U.S.C. § 12742 — Purposes

The purposes of this subchapter are— (1) to expand the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing, for very low-income and low-income Americans; (2) to mobilize and strengthen the abilities of States and units of general local government throughout the United States to design and implement strategies for achieving an adequate supply of decent, safe, sanitary, and affordable housing; (3) to provide participating jurisdictions, on a coordinated basis, with the various forms of Federal housing assistance, including capital investment, mortgage insurance, rental assistance, and other Federal assistance, needed— (A) to expand the supply of decent, safe, sanitary, and affordable housing; (B) to make new construction, rehabilitation, substantial rehabilitation, and acquisition of such housing feasible; and (C) to promote the development of partnerships among the Federal Government, States and units of general local government, private industry, and nonprofit organizations able to utilize effectively all available resources to provide more of such housing; (4) to make housing more affordable for very low-income and low-income families through the use of tenant-based rental assistance; (5) to develop and refine, on an ongoing basis, a selection of model programs incorporating the most effective methods for providing decent, safe, sanitary, and affordable housing, and accelerate the application of such methods where appropriate throughout the United States to achieve the prudent and efficient use of funds made available under this subchapter; (6) to expand the capacity of nonprofit community housing development organizations to develop and manage decent, safe, sanitary, and affordable housing; (7) to ensure t

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12742

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

42 U.S.C. § 12771 — Distribution of assistance

**(a) Local** Each participating jurisdiction shall, insofar as is feasible, distribute assistance under this part geographically within its boundaries and among different categories of housing need, according to the priorities of housing need identified in the jurisdiction’s approved housing strategy. **(b) State** Participating States shall be responsible for distributing assistance throughout the State according to the State’s assessment of the geographical distribution of the housing need within the State, as identified in the State’s approved housing strategy. Participating States shall distribute assistance to rural areas in amounts that take into account the nonmetropolitan share of the State’s total population and objective measures of rural housing need, such as poverty and substandard housing, as set forth in the State’s housing strategy approved under [section 12705 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12705&num=0&edition=prelim). To the extent the need is within the boundaries of a participating unit of general local government, the State and the unit of general local government shall coordinate activities to address that need.

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12771

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

42 U.S.C. § 12804 — Research in housing affordability

The Secretary is authorized to support, through contracts with eligible organizations and otherwise, such research and to publish such reports as will assist in the achievement of the purposes of this subchapter. Activities authorized by the previous sentence may include an ongoing analysis of the impact of public policies at the Federal, State, and local levels, both individually and in the aggregate, on the incentives to expand and maintain the supply of energy-efficient affordable housing in the United States, particularly in areas with severe problems of housing affordability, through the use of cost-saving innovative building technology and construction techniques. For purposes of this section, agencies of the United States, government-sponsored mortgage finance corporations, and qualified research organizations shall be included as eligible organizations in addition to eligible organizations specified under [section 12783 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12783&num=0&edition=prelim).

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12804

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

42 U.S.C. § 12783 — Conditions of contracts

Page 8473 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 12784 (c) Adjustments of other assistance The Secretary shall take account of assistance provided to a project under this part when ad- justing other assistance to be provided to the project as required by section 3545(d) of this title. (Pub. L. 101–625, title II, § 234, Nov. 28, 1990, 104 Stat. 4117; Pub. L. 102–550, title II, § 212(c), Oct. 28, 1992, 106 Stat. 3757.) Editorial Notes AMENDMENTS 1992—Subsec. (b). Pub. L. 102–550 struck out ‘‘, together with other Federal assistance,’’ after ‘‘in an amount that’’ and inserted before period ‘‘or $50,000 annually, whichever is greater’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1992 AMENDMENT Amendment by Pub. L. 102–550 applicable to unex- pended funds allocated under subchapter II of this chapter in fiscal year 1992, except as otherwise specifi- cally provided, see section 223 of Pub. L. 102–550, set out as a note under section 12704 of this title. PART C—OTHER SUPPORT FOR STATE AND LOCAL HOUSING STRATEGIES § 12781. Authority The Secretary shall, insofar as is feasible through contract with eligible organizations, de- velop the capacity of participating jurisdictions, State and local housing finance agencies, non- profit organizations and for-profit corporations, working in partnership, to identify and meet needs for an increased supply of decent, afford- able housing. (Pub. L. 101–625, title II, § 241, Nov. 28, 1990, 104 Stat. 4117.) § 12782. Priorities for capacity development To carry out section 12781 of this title, the Secretary shall provide assistance under this part to— (1) facilitate the exchange of information that would help participating jurisdictions carry out the purposes of this subchapter, in- cluding

Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 12783

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