Title 42 › Chapter CHAPTER 130— - NATIONAL AFFORDABLE HOUSING › Subchapter SUBCHAPTER IV— - HOPE FOR HOMEOWNERSHIP OF MULTIFAMILY AND SINGLE FAMILY HOMES › Part Part A— - HOPE for Homeownership of Multifamily Units › § 12872
The Secretary can give planning grants to help create homeownership programs, including cooperative ownership. Grants are normally no more than $200,000, but the Secretary may approve a larger amount for good cause. Grant money can pay for things like setting up resident management groups and councils; training and technical help; feasibility studies; required lead-paint inspections; early architectural and engineering work; tenant and homebuyer counseling; planning for job training and economic self-sufficiency; security plans; and preparing an application for an implementation grant. To get a grant, an applicant must apply in the form the Secretary requires. The application must describe the proposed activities, schedule, staff, and amount requested; explain who the applicant is and why they are qualified; identify the property and describe tenants (including family size and income); include a public official’s certification that the work fits the approved State or local housing strategy (or, within the first 12 months after November 28, 1990, another approved State or local housing plan); and promise to follow the Fair Housing Act, Title VI, Section 504, and the Age Discrimination Act and to actively further fair housing. The Secretary will set selection rules and choose winners based on factors like applicant ability, tenant interest, property suitability, national geographic diversity, and other appropriate factors.
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The Public Health and Welfare — Source: USLM XML via OLRC
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Citation
42 U.S.C. § 12872
Title 42 — The Public Health and Welfare
Last Updated
Apr 6, 2026
Release point: 119-73