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2026-07-06 10:51:44 -04:00

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LegalText 42 U.S.C. § 12871 Program authority us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 130 NATIONAL AFFORDABLE HOUSING 12871 42 U.S.C. § 12871 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s12871 data/legal/raw/us/code/title-42/usc42.xml 8d9b9a215bd64c69b68e002b0971b507d0287064335eb22b243deeeac6964d32 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e a9671a25d30b76869586e6a8e9fae5b16d509670d429d80b81af090af976f7b6 2026-07-04 official
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42 U.S.C. § 12871 - Program authority

Text

(a) In general The Secretary is authorized to make—

(1) planning grants to enable applicants to develop homeownership programs; and

(2) implementation grants to enable applicants to carry out homeownership programs.

(b) Authority to reserve housing assistance In connection with a grant under this part, the Secretary may reserve authority to provide assistance under section 1437f of this title to the extent necessary to provide 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.

(Pub. L. 101625, title IV, § 421, Nov. 28, 1990, 104 Stat. 4162; Pub. L. 102550, title I, § 181(a)(2)(B)(i), Oct. 28, 1992, 106 Stat. 3735.)

Notes

Editorial Notes

References in TextThis part, referred to in subsec. (b), was in the original “this subtitle”, meaning subtitle B (§§ 421431) of title IV of Pub. L. 101625, Nov. 28, 1990, 104 Stat. 4162, which enacted this part and amended section 1709 of Title 12, Banks and Banking.

Amendments1992—Subsec. (c). Pub. L. 102550 struck out subsec. (c) which read as follows: “Authorization of Appropriations.—There is authorized to be appropriated for grants under this part $51,000,000 for fiscal year 1991 and $280,000,000 for fiscal year 1992. Any amounts appropriated pursuant to this subsection shall remain available until expended.”