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Current as of January 01, 2024 | Updated by Findlaw Staff
(a)In general
Renewal of expiring contracts for leasing, rental assistance, or operating costs for permanent housing contracts may be funded either--
(1) under the appropriations account for this subchapter; or
(2) the section 8 project-based rental assistance account.
(b)Renewals
The sums made available under subsection (a) shall be available for the renewal of contracts in the case of tenant-based assistance, successive 1-year terms, and in the case of project-based assistance, successive terms of up to 15 years at the discretion of the applicant or project sponsor and subject to the availability of annual appropriations, for rental assistance and housing operation costs associated with permanent housing projects funded under this part, or under part C or F (as in effect on the day before the effective date of the Homeless Emergency Assistance and Rapid Transition to Housing Act of 2009). The Secretary shall determine whether to renew a contract for such a permanent housing project on the basis of certification by the collaborative applicant for the geographic area that--
(1) there is a demonstrated need for the project; and
(2) the project complies with program requirements and appropriate standards of housing quality and habitability, as determined by the Secretary.
(c)Construction
Nothing in this section shall be construed as prohibiting the Secretary from renewing contracts under this part in accordance with criteria set forth in a provision of this part other than this section.
Cite this article: FindLaw.com - 42 U.S.C. § 11386c - U.S. Code - Unannotated Title 42. The Public Health and Welfare § 11386c. Renewal funding and terms of assistance for permanent housing - last updated January 01, 2024 | https://codes.findlaw.com/us/title-42-the-public-health-and-welfare/42-usc-sect-11386c/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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