42 U.S.C. § 1437z–8 — Collection of information on tenants in tax credit projects
submitted 89 years ago by Pub. L. 110-289 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 269 words · no verdicts yet
State tax-credit agencies must annually provide HUD household information about properties receiving the credits. The Secretary must standardize and publish the information, and the section authorizes specified appropriations.
(a) Each State* agency administering 26 U.S.C. § 42 credits must at least annually give the HUD Secretary* information for households in each credited property about race, ethnicity, family composition, age, income*, section 1437f(o) or similar rental assistance, disability, and monthly rent. To the extent feasible, it must use existing reporting and minimize owner* burdens. If a household remains in the same unit, prior-year information may be reused for a category that cannot change or when current information is not readily available to the owner.
(b) The Secretary must set information standards and definitions, help States create reporting systems, and coordinate with other Federal housing-program agencies to reduce duplicate reporting for multiply assisted properties.
(c) At least annually, the Secretary must compile and publicly release the submitted information.
(d) Up to $2,500,000 is authorized for fiscal year 2009 and $900,000 for each fiscal year 2010 through 2013 for subsection (b) and (c) activities.
Each State* agency administering tax credits under section 42 of title 26 shall furnish to the Secretary* of Housing and Urban Development*, not less than annually, information concerning the race, ethnicity, family composition, age, income*, use of rental assistance under section 1437f(o) of this title or other similar assistance, disability status, and monthly rental payments of households residing in each property receiving such credits through such agency. Such State agencies shall, to the extent feasible, collect such information through existing reporting processes and in a manner that minimizes burdens on property owners. In the case of any household that continues to reside in the same dwelling unit, information provided by the household in a previous year may be used if the information is of a category that is not subject to change or if information for the current year is not readily available to the owner* of the property.
The Secretary shall establish standards and definitions for the information collected under subsection (a), provide States with technical assistance in establishing systems to compile and submit such information, and, in coordination with other Federal agencies administering housing programs, establish procedures to minimize duplicative reporting requirements for properties assisted under multiple housing programs.
The Secretary shall, not less than annually, compile and make publicly available the information submitted to the Secretary pursuant to subsection (a).
There is authorized to be appropriated for the cost of activities required under subsections (b) and (c) $2,500,000 for fiscal year 2009 and $900,000 for each of fiscal years 2010 through 2013.
Source credit: (Sept. 1, 1937, ch. 896, title I, § 36, as added Pub. L. 110–289, div. B, title VIII, § 2835(d), July 30, 2008, 122 Stat. 2874.)
- 1937Enacted · Pub. L. 110-289 · 122 Stat. 2874
A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-289 on 1937-09-01.
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