42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 12774

Other requirements

Ch. 130 — NATIONAL AFFORDABLE HOUSING
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 130
Statutory Text

42 U.S.C. § 12774 — Other requirements

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 130 - NATIONAL AFFORDABLE HOUSING SUBCHAPTER II - INVESTMENT IN AFFORDABLE HOUSING Part B - Community Housing Partnership Sec. 12774 - Other requirements From the U.S. Government Publishing Office, www.gpo.gov

§12774. Other requirements

(a) Tenant participation plan A community housing development organization that receives assistance under this part shall provide a plan for and follow a program of tenant participation in management decisions and shall adhere to a fair lease and grievance procedure approved by the participating jurisdiction. (b) Limitation on assistance A community housing development organization may not receive assistance under this subchapter for any fiscal year in an amount that provides more than 50 percent of the organization's total operating budget in the fiscal year or $50,000 annually, whichever is greater. (c) Adjustments of other assistance The Secretary shall take account of assistance provided to a project under this part when adjusting 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 unexpended funds allocated under subchapter II of this chapter in fiscal year 1992, except as otherwise specifically provided, see section 223 of Pub. L. 102–550, set out as a note under section 12704 of this title.

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