Code · BILL · 116th Congress · S. 3452 (Introduced in Senate) — To make housing affordable, and for other purposes. · Sec. 104

Sec. 104. Individual development accounts

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Section 416 of the Assets for Independence Act ( 42 U.S.C. 604 note) is amended by striking $25,000,000 for each of fiscal years 1999, 2000, 2001, 2002, and 2003, and inserting $100,000,000 for each of fiscal years 2021 through 2030, . An amount equal to 10 percent of the funds appropriated under section 416 of the Assets for Independence Act ( 42 U.S.C. 604 note) in a fiscal year shall be set aside and transferred to the Restorative Housing Justice Fund established under section 113(h).

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U.S. Code

Use of grants
§ 604

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Sec. 104

Individual development accounts

U.S.C.§ 604

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