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Code · BILL · 119th Congress · S. 2051 (Introduced in Senate) — To authorize the Department of Housing and Urban Development to transform neighborhoods of extreme poverty into susta... · Sec. 16

Sec. 16. Funding

216 words·~1 min read·/bill/119/s/2051/is/section-16

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There are authorized to be appropriated the following amounts: $1,000,000,000 for fiscal year 2026 and such sums as may be necessary in each subsequent fiscal year, for grants under this Act, of which, in any fiscal year— up to 10 percent of such amount authorized may be used for planning grants, except that in awarding planning grants, the Secretary may elect to base selection on a subset of the required provisions of this Act; up to 5 percent of the amount authorized may be used for technical assistance and program evaluation efforts related to grants awarded under this Act, or under predecessor programs; and not less than 80 percent shall be used for, or 80 percent of the number of housing units assisted under this Act shall be, public housing units, subject to de minimis variations as may result from the grantee selection process.
Such sums as may be necessary for fiscal year 2026 and each subsequent fiscal year for providing tenant-based assistance for relocation and for rental assistance under section 8 of the United States Housing Act of 1937 ( 42 U.S.C. 1437f ) for the purposes of complying with section 8(c) of this Act, but not to exceed the amount of assistance for the number of units demolished or disposed of under section 8(c)(1).
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Sec. 16
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