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Code · BILL · 119th Congress · H.R. 2064 (Introduced in House) — To require the Secretary of Housing and Urban Development to establish a program to provide homeownership assistance... · Sec. 3

Sec. 3. Administration of grants by states and indian tribes

269 words·~1 min read·/bill/119/hr/2064/ih/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary shall require that each State receiving grant amounts under this Act— submit an annual plan to the Secretary with respect to implementing and complying with the requirements of this Act; and distribute not less than 25 percent of the amounts allocated to the State through community development financial institutions. The annual plan required under paragraph
(1)may be included in the Annual Action Plan submitted to the Secretary by such State. The Secretary may permit a State to contract with one or more of the following to provide amounts to eligible persons on behalf of the State: A tax-exempt private or public nonprofit organization approved by the Secretary. A community development financial institution. The Secretary shall require that each Indian tribe receiving grant amounts under this Act— submit an annual plan to the Secretary with respect to implementing and complying with the requirements of this Act; and consider distributing some or all amounts allocated to the Indian tribe through community development financial institutions. The annual plan required under paragraph
(1)may be included in the Indian Housing Plan submitted to the Secretary by such Indian tribe. The Secretary may permit a Tribe to contract with one or more of the following to provide amounts to eligible persons on behalf of the Tribe: A tax-exempt private or public nonprofit organization approved by the Secretary. A Tribally designated housing entity. An intertribal consortium. A community development financial institution. An Indian tribe that receives amounts under this Act may provide preference to eligible persons who are members of such Indian tribe as well as to members of other Indian tribes.
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