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Code · BILL · 116th Congress · S. 2951 (Introduced in Senate) — To facilitate the development of affordable housing, and for other purposes. · Sec. 3

Sec. 3. Definitions

394 words·~2 min read·/bill/116/s/2951/is/section-3

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In this Act— the terms adjusted income , low-income family , public housing , and public housing agency have the meanings given those terms in section 3(b) of the United States Housing Act of 1937 ( 42 U.S.C. 1437a(b) ); the term Administrator means the Administrator of the Federal Emergency Management Agency; the terms area having special flood hazards , substantial damage , and substantial improvement have the same meanings as when used in the Flood Disaster Protection Act of 1973 ( 42 U.S.C. 4002 et seq.) and the National Flood Insurance Act of 1968 ( 42 U.S.C. 4001 et seq.); the term at risk of homelessness has the meaning given the term in section 401 of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11360 ); the term homeless has the meaning given the term in section 103 of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11302 ); the term minority — has the meaning given the term in section 308(b) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 1463 note); and includes any indigenous person in the United States, including in any territory of the United States; the term minority and women’s business enterprise means a business that is not less than 51 percent owned and controlled by members of a minority group or women; the term qualified affordable housing means a housing development that— is funded in any part by assistance provided by the Department of Housing and Urban Development or the Rural Housing Service of the Department of Agriculture; or includes a qualified low income building, as defined in section 42 of the Internal Revenue Code of 1986; or consists of not less than 5 dwelling units of which not less than 20 percent are made available— for rental only by a low-income family; at a monthly rent amount that does not exceed 30 percent of the monthly adjusted income of the tenant low-income family; and maintains affordability for residents who are low-income families for a period of not less than 30 years; the term relevant agency head means, with respect to funds made available pursuant to any section of this Act, the head of the Federal agency responsible for administering the program under which those funds are to be expended; and the term Secretary means the Secretary of Housing and Urban Development.
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