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Code · STATUTE-COMPILATIONS · Compilation 10349 · Sec. 530

Sec. 530. condition on rent increases in 514, 515, and 517 projects

114 words·~1 min read·/statute-compilations/comps-10349/sec-530

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## Sec. 530 condition on rent increases in 514, 515, and 517 projects **[**[42 U.S.C. 1490j](/us/usc/t42/s1490j)**]** The Secretary may not approve any increase in rental payments, with respect to units in which the tenants are paying rentals in excess of 30 per centum of their incomes, in any project which is assisted under section 514, 515, or 517 and under section 521(a)(1)(B) unless the project owner is receiving, or has applied for (within the most recent period of 180 days prior to the effective date of such increase), assistance payments with respect to such project under section 521(a)(2)(A) or 521(a)(5) of this title or section 8 of the United States Housing Act of 1937.
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Sec. 530
condition on rent increases in 514, 515, and 517 projects
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