Sec. 8. Adjusted recapture and reuse of set-aside for community housing developmental organizations

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Section 231(b) of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 12771(b) ) is amended to read as follows: If any funds reserved under subsection

(a)remain uninvested for a period of 24 months, the Secretary shall make such funds available to the participating jurisdiction for any eligible activities under title II of this Act without regard to whether a community housing development organization materially participates in the use of funds. .

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U.S. Code

Set-aside for community housing development organizations
§ 12771

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Sec. 8

Adjusted recapture and reuse of set-aside for community housing developmental organizations

U.S.C.§ 12771

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