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42 U.S.C. § 1490j — Conditions on rent increases in projects receiving assistance under other provisions of law

submitted 77 years ago by Pub. L. 96-399 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 100 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary may not approve certain rent increases above 30 percent of tenants’ income unless the project is receiving, or recently applied for, specified rental assistance.

The Secretary may not approve any increase in rental payments, with respect to units in which the tenants are paying rentals in excess of 30 percent of their incomes, in any project which is assisted under section 1484, 1485, or 1487 of this title and under section 1490a(a)(1)(B) of this title unless the project owner is receiving, or has applied for (within the most recent period of 180 days before the effective date of that increase), assistance payments with respect to that project under section 1490a(a)(2)(A) or 1490a(a)(5) of this title or section 1437f of this title.
the actual law source: uscode.house.gov ↗public domain

The Secretary may not approve any increase in rental payments, with respect to units in which the tenants are paying rentals in excess of 30 per centum of their incomes, in any project which is assisted under section 1484, 1485, or 1487 of this title and under section 1490a(a)(1)(B) of this title unless the project owner is receiving, or has applied for (within the most recent period of 180 days prior to the effective date of such increase), assistance payments with respect to such project under section 1490a(a)(2)(A) or 1490a(a)(5) of this title or section 1437f of this title.

Source credit: (July 15, 1949, ch. 338, title V, § 530, as added Pub. L. 96–399, title V, § 509, Oct. 8, 1980, 94 Stat. 1670; amended Pub. L. 98–181, title I [title V, § 517(d)], Nov. 30, 1983, 97 Stat. 1248; Pub. L. 105–276, title V, § 599C(e)(2)(G), Oct. 21, 1998, 112 Stat. 2663.)

history & why it existsrecord from the source credit
  • 1949Enacted · Pub. L. 96-399 · 94 Stat. 1670
  • 1983Amended · Pub. L. 98-181 · 97 Stat. 1248
  • 1998Amended · Pub. L. 105-276 · 112 Stat. 2663

A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-399 on 1949-07-15.

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