42 USC 12870 - Authorization of appropriations

United States Code

USC most recently checked for updates: Oct 12, 2024

Subchapter III - NATIONAL HOMEOWNERSHIP TRUST DEMONSTRATION

Part A - HOPE for Homeownership of Multifamily Units

U.S. Code
Notes

§ 12870.

Authorization of appropriations

(a)

Fiscal year 1993

There are authorized to be appropriated for grants under this title 1

 See References in Text note below.

$855,000,000 for fiscal year 1993, of which—

(1)

$285,000,000 shall be available for activities authorized under title III of the United States Housing Act of 1937 [42 U.S.C. 1437aaa et seq.], of which up to $4,500,000 of any amounts appropriated may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this 2

 So in original. Probably should be “such”.

title;

(2)

$285,000,000 shall be available for activities authorized under part A, of which up to $3,250,000 of any amounts appropriated may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this ² part; and

(3)

$285,000,000 shall be available for activities under part B, of which up to $2,250,000 of any amounts appropriated may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this ² part.

Any amount appropriated pursuant to this subsection shall remain available until expended.

(b)

Fiscal year 1994

There are authorized to be appropriated for grants under this title ¹ $883,641,000 for fiscal year 1994, of which—

(1)

$294,547,000 shall be available for activities authorized under title III of the United States Housing Act of 1937 [42 U.S.C. 1437aaa et seq.], up to $4,500,000 of which may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this ² title;

(2)

$294,547,000 shall be available for activities authorized under part A, up to $3,250,000 of which may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this ² part; and

(3)

$294,547,000 shall be available for activities under part B, up to $2,250,000 of which may be made available for technical assistance to potential applicants, applicants and recipients of assistance under this ² part.

Any amount appropriated pursuant to this subsection shall remain available until expended.

(c)

Technical assistance

Technical assistance made available under title III of the United States Housing Act of 1937 [42 U.S.C. 1437aaa et seq.] or part A or part B of this subchapter may include, but shall not be limited to, training, clearinghouse services, the collection, processing and dissemination of program information useful for local and national program management, and provision of seed money. Such technical assistance may be made available directly, or indirectly under contracts and grants, as appropriate. In any fiscal year, no single applicant, potential applicant, or recipient under title III of the United States Housing Act of 1937, or part A or part B of this subchapter may receive technical assistance in an amount exceeding 20 percent of the total amount made available for technical assistance under such title or part for the fiscal year.

(Pub. L. 101–625, title IV, § 402, as added Pub. L. 102–550, title I, § 181(a)(1), Oct. 28, 1992, 106 Stat. 3734; amended Pub. L. 109–281, § 2(d)(3), Sept. 22, 2006, 120 Stat. 1181.)

cite as: 42 USC 12870