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42 U.S.C. § 12703 — Purposes of Cranston-Gonzalez National Affordable Housing Act

submitted 36 years ago by Pub. L. 101-625 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 120 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section lists five goals of the Cranston-Gonzalez National Affordable Housing Act. These include helping families save for a home down payment and keeping federally assisted housing affordable. Other goals are strengthening public-private partnerships, expanding rental assistance, and increasing supportive housing for people with special needs.

This section lists the purposes of the Act:

(1) to help families who don't own a home save up for a down payment;
(2) to keep dwelling units that were built with federal help affordable to low-income families, wherever that's still possible;
(3) to build and strengthen partnerships among every level of government and the private sector -- including for-profit and nonprofit groups -- to produce and run housing that low-income and moderate-income families can afford;
(4) to expand and improve federal rental assistance for families with very low incomes; and
(5) to increase the supply of "supportive housing" -- housing that combines physical features and services so people with special needs can live with dignity and independence.

the actual law source: uscode.house.gov ↗public domain

The purposes of this Act are—

(1)

to help families not owning a home to save for a down payment for the purchase of a home;

(2)

to retain wherever feasible as housing affordable to low-income families those dwelling units produced for such purpose with Federal assistance;

(3)

to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of housing affordable to low-income and moderate-income families;

(4)

to expand and improve Federal rental assistance for very low-income families; and

(5)

to increase the supply of supportive housing, which combines structural features and services needed to enable persons with special needs to live with dignity and independence.

Source credit: (Pub. L. 101–625, title I, § 103, Nov. 28, 1990, 104 Stat. 4085.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 101-625 · 104 Stat. 4085

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-625 on 1990-11-28.

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