§ 12771. Set-aside for community housing development organizations
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/usc/title-42/section-12771A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general For a period of 24 months after funds under part A are made available to a jurisdiction, the jurisdiction shall reserve not less than 15 percent of such funds for investment only in housing to be developed, sponsored, or owned by community housing development organizations. Each participating jurisdiction shall make reasonable efforts to identify community housing development organizations that are capable or can reasonably be expected to become capable of carrying out elements of the jurisdiction’s housing strategy and to encourage such community housing development organizations to do so. If during the first 24 months of its participation under this subchapter, a participating jurisdiction is unable to identify a sufficient number of capable community housing development organizations, then up to 20 percent of the funds allocated to that jurisdiction under this section, but not to exceed $150,000, may be made available to carry out activities that develop the capacity of community housing development organizations in that jurisdiction. A participating jurisdiction is authorized to enter into contracts with community housing development organizations to carry out this section.
(b)Recapture and reuse If any funds reserved under subsection
(a)remain uninvested for a period of 24 months, then the Secretary shall deduct such funds from the line of credit in the participating jurisdiction’s HOME Investment Trust Fund and make such funds available by direct reallocation
(1)to other participating jurisdictions for affordable housing developed, sponsored or owned by community housing development organizations, or
(2)to nonprofit intermediary organizations to carry out activities that develop the capacity of community housing development organizations consistent with section 12773 of this title, with preference to community housing development organizations serving the jurisdiction from which the funds were recaptured.
(c)Direct reallocation criteria Insofar as practicable, direct reallocations under this section shall be made according to the selection criteria established under section 12747(c) of this title.
(Pub. L. 101–625, title II, § 231, Nov. 28, 1990, 104 Stat. 4114; Pub. L. 102–550, title II, § 212(a), (b), Oct. 28, 1992, 106 Stat. 3757.)
Connections63 cite this · traces to 3
Cited by 63 sections · top 52
public-private-law
- Public Law 116-260Consolidated Appropriations Act, 2021
- Public Law 117-328Consolidated Appropriations Act, 2023
- Public Law 116-94Further Consolidated Appropriations Act, 2020
- Public Law 117-2American Rescue Plan Act of 2021
- Public Law 117-103Consolidated Appropriations Act, 2022
- Public Law 116-6Consolidated Appropriations Act, 2019
U.S. Code
statute-compilations
- Sec. 231SET-ASIDE FOR COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS
- Sec. 3205HOMELESSNESS ASSISTANCE AND SUPPORTIVE SERVICES PROGRAM
- Sec. 233Section 218(g) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12748(g)) shall not apply with respect to the right of a jurisdiction to draw funds from its HOME Investment Trust Fund that otherwise expired or would expire in 2016, 2017, 2018, 2019, 2020, or 2021 under that section. Section 231(b) of such Act (42 U.S.C. 12771(b)) shall not apply to any uninvested funds that otherwise were deducted or would be deducted from the line of credit in the participating jurisdiction’s HOME Investment Trust Fund in 2018, 2019, 2020, or 2021 under that section.
- Sec. 7071protective services
- Sec. 193The Secretary of Transportation shall coordinate with the Secretary of Homeland Security to ensure that best practices for Industrial Control Systems Procurement are up-to-date and shall ensure that systems procured with funds provided under this title were procured using such practices.
statutes-at-large
- Public Law 116–6
- Public Law 117–2To provide for reconciliation pursuant to title II of S
- Public Law 117–103Making consolidated appropriations for the fiscal year ending September 30, 2022, and for providing emergency assistance for the situation in Ukraine, and for other purposes
- Public Law 116–260Making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes
- Public Law 102–550To amend and extend certain laws relating to housing and community development, and for other purposes
- Public Law 116–94Making further consolidated appropriations for the fiscal year ending September 30, 2020, and for other purposes
- Public Law 117–328Making consolidated appropriations for the fiscal year ending September 30, 2023, and for providing emergency assistance for the situation in Ukraine, and for other purposes
- Public Law 101–625To authorize a new HOME Investment Partnerships program, a National Homeownership Trust program, and HOPE programs, to amend and extend certain laws relating to housing, community and neighborhood preservation, and related programs, and for other purposes
register
bill
- Sec. 232
- Sec. 235
- Sec. 233
- Sec. 3205Homelessness assistance and supportive services program
- Sec. 4106Homelessness assistance and supportive services program
- Sec. 3205Homelessness assistance and supportive services program
- Sec. 4106Homelessness assistance and supportive services program
- Sec. 4106Homelessness assistance and supportive services program
- Sec. 2Homelessness assistance and supportive services program
- Sec. 40002Investments in affordable and accessible housing production
- Sec. 40002Investments in affordable and accessible housing production
- Sec. 301Modification of rules related to community housing development organizations
- Sec. 104Investments in affordable and accessible housing production
- Sec. 301Modification of rules related to community housing development organizations
- Sec. 301Modification of rules related to community housing development organizations
- Sec. 301Modification of rules related to community housing development organizations
- Sec. 8Adjusted recapture and reuse of set-aside for community housing developmental organizations
- Sec. 8Adjusted recapture and reuse of set-aside for community housing developmental organizations
- Sec. 502HOME Investment Partnerships Reauthorization and Improvement Act
- Sec. 201HOME Reform
- Sec. 102Investments in affordable and accessible housing production
- Sec. 502HOME Investment Partnerships Reauthorization and Improvement Act
- Sec. 301Modification of rules related to community housing development organizations
- Sec. 201HOME Reform
- Sec. 201HOME Reform
- Sec. 201HOME Reform
- Sec. 5Investments in housing supply and homeownership
Traces to 3 documents
7 references not yet in our index
- Pub. L. 101–625, title II, § 231
- 104 Stat. 4114
- Pub. L. 102–550, title II, § 212(a)
- 106 Stat. 3757
- Pub. L. 102–550
- Pub. L. 102–550, § 212(a)
- section 223 of Pub. L. 102–550
Citation graph
cites case law
§ 12771
Set-aside for community housing development organizations
Bills×27
Stat.×11
Pub. L.×8
Fed. Reg.×7
Stat. Comp.×6
U.S.C.×4
Pub. L.Pub. L. 101–625, title II, § 231
Stat.104 Stat. 4114
Pub. L.Pub. L. 102–550, title II, § 212(a)
Stat.106 Stat. 3757
Pub. L.Pub. L. 102–550
Cites 10 · showing 8Cited by 63 across 6 sources