§ 12803. Rental rehabilitation

Footnotes

1. 1 See References in Text note below.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1990

   HOME Investment Partnerships Act

   Pub. L. 101–625 title II § 253 · 104 Stat. 4079

   Enacted · 42 U.S.C. § 12803

   (Pub. L. 101–625, title II, § 253, Nov. 28, 1990, 104 Stat. 4121.)

   Source evidence

   Code source credit
   (Pub. L. 101–625, title II, § 253, Nov. 28, 1990, 104 Stat. 4121.)

   Enacted provision · exact public law section
   SEC. 253. RENTAL REHABILITATION. (a) In General.— The Secretary shall make available a model program to support the rehabilitation of privately owned rental housing located in neighborhoods where the median income does not exceed 80 percent of the area median as determined by the Secretary and where rents can reasonably be expected not to change materially over an extended period of time. (b) Amount of Subsidy.— The amount of the rehabilitation subsidy shall be moderate and shall generally not exceed 50 percent of the total costs associated with the rehabilitation of the housing. (c) Additional Restrictions.— The guidelines of the model program shall generally comport with the additional protections and restrictions specified under section 17(c) of the United States Housing Act of 1937.

1 of 1 references resolved to an enrolled provision