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42 U.S.C. § 1437aaa - U.S. Code - Unannotated Title 42. The Public Health and Welfare § 1437aaa. Program authority

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)In general

The Secretary is authorized to make--

(1) planning grants to help applicants to develop homeownership programs in accordance with this subchapter; and

(2) implementation grants to carry out homeownership programs in accordance with this subchapter.

(b)Authority to reserve housing assistance

In connection with a grant under this subchapter, the Secretary may reserve authority to provide assistance under section 1437f of this title to the extent necessary to provide replacement housing and rental assistance for a nonpurchasing tenant who resides in the project on the date the Secretary approves the application for an implementation grant, for use by the tenant in another project.

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Cite this article: FindLaw.com - 42 U.S.C. § 1437aaa - U.S. Code - Unannotated Title 42. The Public Health and Welfare § 1437aaa. Program authority - last updated January 01, 2024 | https://codes.findlaw.com/us/title-42-the-public-health-and-welfare/42-usc-sect-1437aaa/

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