§ 12713. Eligibility under first-time homebuyer programs
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/usc/title-42/section-12713A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Eligibility of displaced homemakers and single parents for Federal assistance for first-time homebuyers
(1)Displaced homemakers No individual who is a displaced homemaker may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse.
(2)Single parents No individual who is a single parent may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while married, owned a home with his or her spouse or resided in a home owned by the spouse.
(b)Definitions For purposes of this section:
(1)Displaced homemaker The term “displaced homemaker” means an individual who—
(A)is an adult;
(B)has not worked full-time, full-year in the labor force for a number of years but has, during such years, worked primarily without remuneration to care for the home and family; and
(C)is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employment.
(2)First-time homebuyer The term “first-time homebuyer” means an individual who has never, or has not during a specified period of time, had any present ownership interest in a principal residence.
(3)Single parent The term “single parent” means an individual who—
(A)is unmarried or legally separated from a spouse; and
(i)has 1 or more minor children for whom the individual has custody or joint custody; or
(ii)is pregnant.
(c)Applicability This section shall apply to any Federal program to assist first-time homebuyers, unless the program is exempted from this section by a statute that amends this subsection or explicitly refers to this subsection.
(Pub. L. 101–625, title IX, § 956, Nov. 28, 1990, 104 Stat. 4421.)
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- Pub. L. 101–625, title IX, § 956
- 104 Stat. 4421
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§ 12713
Eligibility under first-time homebuyer programs
Bills×3
Fed. Reg.×3
Stat. Comp.×1
Stat.×1
Pub. L.Pub. L. 101–625, title IX, § 956
Stat.104 Stat. 4421
Cites 2Cited by 8 across 4 sources