Browse Arkansas Code titles and sections
12 U.S.C. § 4117 — Delegated responsibility to State agencies
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** In addition to any responsibilities delegated under [section 4103(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4103/c&num=0&edition=prelim), the Secretary shall delegate some or all responsibility for implementing this subchapter to a State housing agency if such agency submits a preservation plan acceptable to the Secretary.
**(b) Approval** State preservation plans shall be submitted in such form and in accordance with such procedures as the Secretary shall establish. The Secretary may approve plans that contain—
(1) an inventory of low-income housing located within the State that is or will be eligible low-income housing under this subchapter within 5 years;
(2) a description of the agency’s experience in the area of multifamily financing and restructuring;
(3) a description of the administrative resources that the agency will commit to the processing of plans of action in accordance with this subchapter;
(4) a description of the administrative resources that the agency will commit to the monitoring of approved plans of action in accordance with this subchapter;
(5) an independent analysis of the performance of the multifamily housing inventory financed or otherwise monitored by the agency;
(6) a certification by the public official responsible for submitting the comprehensive housing affordability strategy under [section 12705 of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12705&num=0&edition=prelim) that the proposed activities are consistent with the approved housing strategy of the State within which the eligible low-income housing is located; and
(7) such other certifications or information that the Secretary determines to be necessary or appropr
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4117
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 0072955ed9e5a99c180516e128678ea8157c9d76d606a6e75829fa533fc09084. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_fccc950cfeb2773f1b3a197e
Source file: Laws/federal/codes/united-states-code/title-12/section-4117-delegated-responsibility-to-state-agencies--66bd36786b.md
Pages: Not recorded – Not recorded
Passage SHA-256: d000fa0978629a0dcfcd2d426b62464f2937892e5c98c1e0d2736cbed9f0c1d1
Source location: Title 12, Chapter 42, § 4117; chapter-042-low-income-housing-preservation-and-resident-homeownership.md
Stored source content
**(a) In general** In addition to any responsibilities delegated under [section 4103(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4103/c&num=0&edition=prelim), the Secretary shall delegate some or all responsibility for implementing this subchapter to a State housing agency if such agency submits a preservation plan acceptable to the Secretary.
**(b) Approval** State preservation plans shall be submitted in such form and in accordance with such procedures as the Secretary shall establish. The Secretary may approve plans that contain—
(1) an inventory of low-income housing located within the State that is or will be eligible low-income housing under this subchapter within 5 years;
(2) a description of the agency’s experience in the area of multifamily financing and restructuring;
(3) a description of the administrative resources that the agency will commit to the processing of plans of action in accordance with this subchapter;
(4) a description of the administrative resources that the agency will commit to the monitoring of approved plans of action in accordance with this subchapter;
(5) an independent analysis of the performance of the multifamily housing inventory financed or otherwise monitored by the agency;
(6) a certification by the public official responsible for submitting the comprehensive housing affordability strategy under [section 12705 of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section12705&num=0&edition=prelim) that the proposed activities are consistent with the approved housing strategy of the State within which the eligible low-income housing is located; and
(7) such other certifications or information that the Secretary determines to be necessary or appropriate to achieve the purposes of this subchapter.
**(c) Implementation agreements** The Secretary may enter into any agreements necessary to implement an approved State preservation plan, which may include incentives that are authorized under other provisions of this subchapter.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary shall provide assistance directly to a jurisdiction only if—
(1) the jurisdiction submits to the Secretary a comprehensive housing affordability strategy (hereafter in this section referred to as the “housing strategy”);
(2) the jurisdiction submits annual updates of the housing strategy; and
(3) the housing strategy, and any annual update of such strategy, is approved by the Secretary.
The Secretary shall establish such dates and manner for the submission and approval of housing strategies under this section that the Secretary determines will facilitate orderly program management by jurisdictions and provide for timely investment or other use of funds made available under subchapter II of this chapter and other programs requiring submission of a housing strategy. If the Secretary finds there is good cause, the Secretary may provide reasonable extensions of any deadlines for submission of a jurisdiction’s housing strategy.
**(b) Contents** A housing strategy submitted under this section shall be in a form that the Secretary determines to be appropriate for the assistance the jurisdiction may be provided and shall—
(1) describe the jurisdiction’s estimated housing needs projected for the ensuing 5-year period, and the jurisdiction’s need for assistance for very low-income, low-income, and moderate-income families, specifying such needs for different types of tenure and for different categories of residents, such as very low-income, low-income, and moderate-income families, the elderly, persons with disabilities, single persons, large families, residents of nonmetropolitan areas, families who are participating in an organized program to achieve economic independence and self-sufficiency, persons with acquired immunodeficiency syndrome
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12705
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** This section applies, according to the provisions thereof, except to the extent that there is involved—
(1) a military or foreign affairs function of the United States; or
(2) a matter relating to agency management or personnel or to public property, loans, grants, benefits, or contracts.
**(b)** General notice of proposed rule making shall be published in the Federal Register, unless persons subject thereto are named and either personally served or otherwise have actual notice thereof in accordance with law. The notice shall include—
(1) a statement of the time, place, and nature of public rule making proceedings;
(2) reference to the legal authority under which the rule is proposed;
(3) either the terms or substance of the proposed rule or a description of the subjects and issues involved; and
(4) the Internet address of a summary of not more than 100 words in length of the proposed rule, in plain language, that shall be posted on the Internet website under section 206(d) of the E-Government Act of 2002 ([44 U.S.C. 3501](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title44-section3501&num=0&edition=prelim) note) (commonly known as regulations.gov).
Except when notice or hearing is required by statute, this subsection does not apply—
(A) to interpretative rules, general statements of policy, or rules of agency organization, procedure, or practice; or
(B) when the agency for good cause finds (and incorporates the finding and a brief statement of reasons therefor in the rules issued) that notice and public procedure thereon are impracticable, unnecessary, or contrary to the public interest.
**(c)** After notice required by this section, the agency shall give interested persons an opportunity to participate in the rule making through subm
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 553
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 1611
TITLE 12—BANKS AND BANKING
§ 4117
shall not apply to the provision of assistance
to such families.
(C) Relocation assistance
The resident council shall also inform each
such tenant that if the tenant chooses to
move, the owner will pay relocation assist-
ance in accordance with the approved home-
ownership program.
(7) Qualified management
As a condition of approval of a homeowner-
ship program under this subchapter, the resi-
dent council shall have demonstrated its abili-
ties to manage eligible properties by having
done so effectively and efficiently for a period
of not less than 3 years or by entering into a
contract with a qualified management entity
that meets such standards as the Secretary
may prescribe to ensure that the property will
be maintained in a decent, safe, and sanitary
condition.
(8) Timely homeownership
Except in the case of limited equity coopera-
tives, resident councils shall transfer owner-
ship of the property to tenants within a speci-
fied period of time that the Secretary deter-
mines to be reasonable. During the interim pe-
riod when the property continues to be oper-
ated and managed as rental housing, the resi-
dent council shall utilize written tenant selec-
tion policies and criteria that are approved by
the Secretary as consistent with the purpose
of providing housing for very low-income fami-
lies. The resident council shall promptly no-
tify in writing any rejected applicant of the
grounds for any rejection.
(9) Records and audit of resident councils
(A) Maintenance
Each resident council shall keep such
records as may be reasonably necessary to
fully disclose the amount and the disposi-
tion by such resident council of the proceeds
of assistance received under this subchapter
(including any proceed
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 4117
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.