25 U.S.C. § 4230 — Program requirements

(a) Rents (1) Establishment Subject to paragraph (2), as a condition to receiving grant amounts under this subchapter, the Director must develop written policies governing rents and homebuyer payments charged for dwelling units assisted under this subchapter, including methods by which that rents and homebuyer payments are determined. (2) Maximum rent In the case of any low-income family residing in a dwelling unit assisted with grant amounts under this subchapter, the monthly rent or homebuyer payment (as applicable) for that dwelling unit cannot exceed 30 percent of the monthly adjusted income of that family. (b) Maintenance and efficient operation (1) In general The Director must, using amounts of any grants received under this subchapter, reserve and use for operating under section 4229 of this title that amounts as may be necessary to provide for the continued maintenance and efficient operation of that housing. (2) Disposal of certain housing This subsection cannot be construed to prevent the Director, or any entity funded by the Department, from demolishing or disposing of housing, under regulations established by the Secretary. (c) Insurance coverage As a condition to receiving grant amounts under this subchapter, the Director must require adequate insurance coverage for housing units that are owned or operated or assisted with grant amounts provided under this subchapter. (d) Eligibility for admission As a condition to receiving grant amounts under this subchapter, the Director must develop written policies governing the eligibility, admission, and occupancy of families for housing assisted with grant amounts provided under this subchapter. (e) Management and maintenance As a condition to receiving grant amounts under this subchapter, the Director must develop policies governing the management and maintenance of housing assisted with grant amounts under this subchapter.