42 U.S.C. § 12774 — Other requirements

submitted 36 years ago by Pub. L. 101-625 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 128 words · no verdicts yet

in plain englishAI-generated · not legal advice

Community housing organizations getting assistance must have a tenant-participation plan and a fair lease and grievance process. Their yearly assistance is capped at half their operating budget or $50,000, whichever is more. The Secretary must factor this assistance into other adjustments for the project.

(a) Tenant participation plan: A community housing development organization getting assistance under this part must have a plan for tenant participation in management decisions, and must follow a fair lease and grievance process approved by the jurisdiction. (b) Limitation on assistance: In any fiscal year, an organization cannot get more assistance under this subchapter than the larger of two amounts: 50% of its total operating budget for that year, or $50,000. (c) Adjustments of other assistance: When the Secretary adjusts other assistance for a project as required by section 3545(d), the Secretary must take into account any assistance already given to that project under this part.

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

(a) Tenant participation plan

A community housing development organization that receives assistance under this part shall provide a plan for and follow a program of tenant participation in management decisions and shall adhere to a fair lease and grievance procedure approved by the participating jurisdiction.

(b) Limitation on assistance

A community housing development organization may not receive assistance under this subchapter for any fiscal year in an amount that provides more than 50 percent of the organization’s total operating budget in the fiscal year or $50,000 annually, whichever is greater.

The Secretary shall take account of assistance provided to a project under this part when adjusting other assistance to be provided to the project as required by section 3545(d) of this title.

Source credit: (Pub. L. 101–625, title II, § 234, Nov. 28, 1990, 104 Stat. 4117; Pub. L. 102–550, title II, § 212(c), Oct. 28, 1992, 106 Stat. 3757.)

history & why it existsrecord from the source credit

1990Enacted · Pub. L. 101-625 · 104 Stat. 4117
1992Amended · Pub. L. 102-550 · 106 Stat. 3757

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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