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Current as of January 01, 2024 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - 42 U.S.C. § 12774 - U.S. Code - Unannotated Title 42. The Public Health and Welfare § 12774. Other requirements - last updated January 01, 2024 | https://codes.findlaw.com/us/title-42-the-public-health-and-welfare/42-usc-sect-12774/
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