§ 12876. Definitions

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

   Homeownership and Opportunity Through HOPE Act

   Pub. L. 101–625 title IV § 426 · 104 Stat. 4079

   Enacted · 42 U.S.C. § 12876

   Pub. L. 101–625, title IV, § 426, Nov. 28, 1990, 104 Stat. 4170

   Source evidence

   Code source credit
   Pub. L. 101–625, title IV, § 426, Nov. 28, 1990, 104 Stat. 4170

   Enacted provision · exact public law section
   SEC. 426. DEFINITIONS. For purposes of this subtitle: (1) The term “applicant” means the following entities that may represent the tenants of the housing: (A) A resident management corporation established in accordance with the requirements of the Secretary under section 20 of the United States Housing Act of 1937. (B) A resident council. (C) A cooperative association. (D) A public or private nonprofit organization. (E) A public body (including an agency or instrumentality thereof). (F) A public housing agency (including an Indian housing authority). (2) The term “eligible family” means a family or individual— (A) who is a tenant of the eligible property on the date the Secretary approves an implementation grant; or (B) whose income does not exceed 80 percent of the median income for the area, as determined by the Secretary with adjustments for smaller and larger families. (3) The term “eligible property” means a multifamily rental property, containing 5 or more units, that is— (A) owned or held by the Secretary; (B) financed by a loan or mortgage held by the Secretary or insured by the Secretary; (C) determined by the Secretary to have serious physical or financial problems under the terms of an insurance or loan program administered by the Secretary; or (D) owned or held by the Secretary of Agriculture, the Resolution Trust Corporation, or a State or local government. (4) The term “homeownership program” means a program for homeownership under this subtitle. (5) The term “Indian housing authority” has the meaning given such term in section 3(b)(11) of the United States Housing Act of 1937. (6) The term “low-income family” has the meaning given such term in section 3(b)(2) of the United States Housing Act of 1937. (7) The term “public housing agency” has the meaning given such term in section 3(b)(6) of the United States Housing Act of 1937. (8) The term “recipient” means an applicant approved to receive a grant under this title or such other entity specified in the approved application that will assume the obligations of the recipient under this subtitle. (9) The term “resident council” means any incorporated non-profit organization or association that— (A) is representative of the tenants of the housing; (B) adopts written procedures providing for the election of officers on a regular basis; and (C) has a democratically elected governing board, elected by the tenants of the housing. (10) The term “Secretary” means the Secretary of Housing and Urban Development.

2. 1992

   Housing and Community Development Act of 1992

   Pub. L. 102–550 § 181(d) · 106 Stat. 3672

   Added · 42 U.S.C. § 12876(1)(G)

   Pub. L. 102–550, § 181(d), added subpar. (G)

   Source evidence

   Code amendment note
   Par. (1)(G). Pub. L. 102–550, § 181(d), added subpar. (G).

   Enacted provision · exact public law section
   (d) Eligibility of Mutual Housing Associations for HOPE II grants.— Section 426(1) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12876(1)) is amended by adding at the end the following new subparagraph: “(G) A mutual housing association.”

3. 1992

   Housing and Community Development Act of 1992

   Pub. L. 102–550 § 181(e) · 106 Stat. 3672

   Inserted · 42 U.S.C. § 12876(3)(D)

   Pub. L. 102–550, § 181(e), (h), inserted “the Federal Deposit Insurance Corporation, the Secretary of Defense, the Secretary of Transportation, the General Services Administration, any other Federal agency,” after “Corporation,” and “or an agency or instrumentality thereof” before period at end

   Source evidence

   Code amendment note
   Par. (3)(D). Pub. L. 102–550, § 181(e), (h), inserted “the Federal Deposit Insurance Corporation, the Secretary of Defense, the Secretary of Transportation, the General Services Administration, any other Federal agency,” after “Corporation,” and “or an agency or instrumentality thereof” before period at end.

   Enacted provision · exact public law section
   (e) Eligible Property Under HOPE it.— Section 426(3)(D) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12876(3)(D)) is amended by inserting before the period at the end the following “or an agency or instrumentality thereof”.

3 of 3 references resolved to an enrolled provision