Title 12 — Banks and BankingRelease 119-73

§4144 Grants for other purposes

Title 12 › Chapter CHAPTER 42— - LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP › Subchapter SUBCHAPTER II— - TECHNICAL ASSISTANCE AND CAPACITY BUILDING › § 4144

Last updated Apr 6, 2026|Official source

Summary

The Secretary can give grants to resident-run or community nonprofits for outreach and training to find and organize people who live in eligible low-income housing. Grants can also go to state or local agencies and nonprofit intermediaries to help the preservation program.

Full Legal Text

Title 12, §4144

Banks and Banking — Source: USLM XML via OLRC

The Secretary may provide grants under this subchapter—

(1)to resident-controlled or community-based nonprofit organizations with experience in resident education and organizing for the purpose of conducting community, city or county wide outreach and training programs to identify and organize residents of eligible low-income housing; and

(2)to State and local government agencies and nonprofit intermediaries for the purpose of carrying out such activities as the Secretary deems appropriate to further the preservation program established under this title.11 See References in Text note below.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

This title, referred to in par. (2), means title II of Pub. L. 100–242, as amended by Pub. L. 101–625, title VI, § 601(a), Nov. 28, 1990, 104 Stat. 4249, known as the Low-Income Housing Preservation and Resident Homeownership Act of 1990, which is classified principally to this chapter. For complete classification of this Act to the Code, see

Short Title

note set out under section 4101 of this title and Tables.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4144

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73