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Code · BILL · 117th Congress · H.R. 4497 (Introduced in House) — To facilitate the development of affordable housing, and for other purposes. · Sec. 202

Sec. 202. HOME Investment Partnerships program

225 words·~1 min read·/bill/117/hr/4497/ih/section-202·

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There is authorized to be appropriated for carrying out the HOME Investment Partnerships program under title II of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 12721 et seq. ) $35,000,000,000 and any amounts made available pursuant to this section shall remain available until expended. Of any amounts made available pursuant to this section, not less than 10 percent shall be available without regard to any requirement regarding minimum grant amount and only for eligible uses within or directly benefitting— any county that has consistently had 20 percent or more of the population living in poverty during the 30-year period preceding the date of enactment of this Act, as measured by the 1990 and 2000 decennial census and the most recent annual Small Area Income and Poverty Estimates as estimated by the Bureau of the Census; any census tract having a poverty rate of at least 20 percent as measured by the 2014–2018 5-year data series available from the American Community Survey of the Census Bureau; or any territory or possession of the United States.
Not less than 15 percent of all amounts made available pursuant to this section shall be used only for activities relating to climate and natural disaster resilience and water and energy efficiency and, at the Secretary’s discretion, other strategies to enhance the environmental sustainability of housing production and design.
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Sec. 202
HOME Investment Partnerships program
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