Fabio
76b8ec33a7
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>
64 lines
3.0 KiB
Markdown
64 lines
3.0 KiB
Markdown
---
|
||
type: "LegalText"
|
||
title: "25 U.S.C. § 4232"
|
||
description: "Low-income requirement and income targeting"
|
||
jurisdiction: "us"
|
||
corpus: "united_states_code"
|
||
kind: "code_section"
|
||
title_number: 25
|
||
title_name: "INDIANS"
|
||
chapter_number: "43"
|
||
chapter_name: "NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION"
|
||
section: "4232"
|
||
citation: "25 U.S.C. § 4232"
|
||
status: "current"
|
||
release_point: "119-100"
|
||
release_date: "2026-06-26"
|
||
source: "official"
|
||
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc25@119-100.zip"
|
||
source_identifier: "/us/usc/t25/s4232"
|
||
source_file: "data/legal/raw/us/code/title-25/usc25.xml"
|
||
source_hash: "2dec31406c834101b9d70244dfbd83fbf2acb6659ad5b86c5f3e069722b030e5"
|
||
raw_snapshot_hash: "d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168"
|
||
text_hash: "377a5e41b56c413ac03a8ae86dd048a38158c636ed0a636fcf607635fcafadeb"
|
||
retrieved_at: "2026-07-04"
|
||
confidence: "official"
|
||
tags: ["legal", "us-code"]
|
||
---
|
||
|
||
# 25 U.S.C. § 4232 - Low-income requirement and income targeting
|
||
|
||
## Text
|
||
|
||
(a) In general Housing shall qualify for affordable housing for purposes of this subchapter only if—
|
||
|
||
(1) each dwelling unit in the housing—
|
||
|
||
(A) in the case of rental housing, is made available for occupancy only by a family that is a low-income family at the time of the initial occupancy of that family of that unit; and
|
||
|
||
(B) in the case of housing for homeownership, is made available for purchase only by a family that is a low-income family at the time of purchase; and
|
||
|
||
(2) each dwelling unit in the housing will remain affordable, according to binding commitments satisfactory to the Secretary, for—
|
||
|
||
(A) the remaining useful life of the property (as determined by the Secretary) without regard to the term of the mortgage or to transfer of ownership; or
|
||
|
||
(B) such other period as the Secretary determines is the longest feasible period of time consistent with sound economics and the purposes of this subchapter, except upon a foreclosure by a lender (or upon other transfer in lieu of foreclosure) if that action—
|
||
|
||
(i) recognizes any contractual or legal rights of any public agency, nonprofit sponsor, or other person or entity to take an action that would—
|
||
|
||
(I) avoid termination of low-income affordability, in the case of foreclosure; or
|
||
|
||
(II) transfer ownership in lieu of foreclosure; and
|
||
|
||
(ii) is not for the purpose of avoiding low-income affordability restrictions, as determined by the Secretary.
|
||
|
||
(b) Exception Notwithstanding subsection (a), housing assistance pursuant to section 4228(a)(2)(B) of this title shall be considered affordable housing for purposes of this subchapter.
|
||
|
||
(Pub. L. 104–330, title VIII, § 813, as added Pub. L. 106–568, title II, § 203, Dec. 27, 2000, 114 Stat. 2888, and Pub. L. 106–569, title V, § 513, Dec. 27, 2000, 114 Stat. 2982.)
|
||
|
||
## Notes
|
||
|
||
Editorial Notes
|
||
|
||
Codification Pub. L. 106–568, § 203, and Pub. L. 106–569, § 513, enacted identical sections 813 of Pub. L. 104–330. This section is based on the text of section 813 of Pub. L. 104–330, as added by Pub. L. 106–569, § 513.
|