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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
50 lines
2.2 KiB
Markdown
50 lines
2.2 KiB
Markdown
---
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type: "LegalText"
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title: "12 U.S.C. § 4146"
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description: "Definitions"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 12
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title_name: "BANKS AND BANKING"
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chapter_number: "42"
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chapter_name: "LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP"
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section: "4146"
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citation: "12 U.S.C. § 4146"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
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source_identifier: "/us/usc/t12/s4146"
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source_file: "data/legal/raw/us/code/title-12/usc12.xml"
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source_hash: "d0ae03df1dfa6ce5e8b067dc8a9d2747dd02488ed5cf4bd6ad14d7690708d279"
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raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
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text_hash: "c959dc5f29a695fef0e0087b3137f4a1df2e3ac06304dc9ad812375bc82f6edf"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 12 U.S.C. § 4146 - Definitions
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## Text
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For purposes of this subchapter—
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(1) the term “community-based nonprofit housing developer” means a nonprofit community development corporation that—
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(A) has been classified by the Internal Revenue Service as an exempt organization under section 501(c)(3) of title 26;
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(B) has been in existence for at least 2 years prior to the date of the grant application;
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(C) has a record of service to low- and moderate-income people in the community in which the project is located;
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(D) is organized at the neighborhood, city, county or multi-county level; and
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(E) in the case of a corporation acquiring eligible housing under subchapter I of this chapter, agrees to form a purchaser entity that conforms to the definition of a community-based nonprofit organization under such subchapter and agrees to use its best efforts to secure majority tenant consent to the acquisition of the project for which grant assistance is requested; and
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(2) the terms “eligible low-income housing”, “nonprofit organization”, “owner”, and “resident council” have the meanings given such terms in section 4119 of this title.
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(Pub. L. 100–242, title II, § 256, as added Pub. L. 102–550, title III, § 312, Oct. 28, 1992, 106 Stat. 3769.)
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