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Code · BILL · 116th Congress · S. 4090 (Introduced in Senate) — To reauthorize the Native American Housing Assistance and Self-Determination Act of 1996, and for other purposes. · Sec. 15

Sec. 15. Total development cost maximum project cost

93 words·~1 min read·/bill/116/s/4090/is/section-15

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Affordable housing (as defined in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 ( 25 U.S.C. 4103 )) that is developed, acquired, or assisted under the block grant program established under section 101 of the Native American Housing Assistance and Self-Determination Act of 1996 ( 25 U.S.C. 4111 ) shall not exceed by more than 20 percent, without prior approval of the Secretary of Housing and Urban Development, the total development cost maximum cost for all housing assisted under an affordable housing activity, including development and model activities.
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Sec. 15
Total development cost maximum project cost
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