United States Code
USC most recently checked for updates: May 19, 2025
§ 12703.
Purposes of Cranston-Gonzalez National Affordable Housing Act
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.
cite as: 42 USC 12703