Sec. 3. Eligible entities

261 words·~1 min read·/bill/117/hr/4948/ih/section-3

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A grant under this Act may be made only to a unit of local government, a public housing agency, or a nonprofit entity that owns a major housing project that is proposed to be assisted under a grant under this Act, either as a sole applicant or as a co-applicant with another unit of local government or public housing agency or with an entity specified in subsection (b). A nonprofit entity may be a sole applicant only if the application has the support of a unit of local government.

A community development corporation (as such term is defined in section 204(b) of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997 (12 U.S.C. 1715z–11a(b))) may, at the request of an entity specified in subsection (a), be a co-applicant for a grant under this Act. A for-profit entity that owns a major housing project that is proposed to be assisted under a grant under this Act made in fiscal year 2022 or thereafter and that has an established presence in the community may be a co-applicant for a grant under this Act.

A grant under this Act may not be made for an application that will involve transformation of a major public housing project unless the public housing agency having jurisdiction with respect to such project is the sole applicant or a co-applicant for such application. Nothing in this section may be construed to limit the ability of an applicant to partner with any entity in carrying out activities with a grant under this Act.

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12 USC 1715z–11a(b)

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Sec. 3

Eligible entities

Cite12 USC 1715z–11a(b)

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