42-U.S.C.-12803

42-U.S.C.-12803

§12803 – Rental Rehabilitation

Pathway

Title 42 > Chapter 130 > Subchapter II > Part D > Section 12803

Details

  • Reference: Section 12803
  • Legend: §12803 – Rental Rehabilitation
  • USCode Year: 2011

Provision Content

(a) In general

The Secretary shall make available a model program to support the rehabilitation of privately owned rental housing located in neighborhoods where the median income does not exceed 80 percent of the area median as determined by the Secretary and where rents can reasonably be expected not to change materially over an extended period of time.

(b) Amount of subsidy

The amount of the rehabilitation subsidy shall be moderate and shall generally not exceed 50 percent of the total costs associated with the rehabilitation of the housing.

(c) Additional restrictions

The guidelines of the model program shall generally comport with the additional protections and restrictions specified under section 1437o(c)  of this title.

(Pub. L. 101–625, title II, §253, Nov. 28, 1990, 104 Stat. 4121.)

References in Text

Section 1437o of this title, referred to in subsec. (c), was repealed by Pub. L. 101–625, title II, §289(b), Nov. 28, 1990, 104 Stat. 4128.

U.S. Encyclopedia of Law Coverage

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42-U.S.C.-12751 in the Legal Encyclopedia: Housing

In this entry about 42-U.S.C.-12751, find legal reference material, bibliographies and premiere content related to housing in the American Encyclopedia of Law, presenting a comprehensive view of the United States housing-specific issues, written by authorities in the field.

Part C – Other Support For State and Local Housing Strategies in the Legal Encyclopedia: Affordable Housing

In this entry about Part C – Other Support For State and Local Housing Strategies, find legal reference material, bibliographies and premiere content related to affordable housing in the American Encyclopedia of Law, presenting a comprehensive view of the United States affordable housing-specific issues, written by authorities in the field.

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