§1437aaa–5 Definitions

Summary

Defines key words used in this part so people know who can apply, who counts as an eligible family, what a homeownership program is, who a recipient is, and what a resident council must be. An applicant is a group that can act for the tenants, such as a public housing agency, a resident management company set up under section 1437r, a resident council, a cooperative, a nonprofit, or a public body. An eligible family is either a tenant in the project on the date the Secretary approves an implementation grant, a low-income family, or a family getting help from a housing program run by the Secretary or the Secretary of Agriculture (but not non-low-income families helped under mortgage insurance programs). A homeownership program is any program that meets the rules in this part. A recipient is an approved applicant that gets a grant or another entity named in the approved application that will take over the recipient’s duties. A resident council is an incorporated nonprofit or association that represents tenants, has written rules for regular officer elections, and a board chosen democratically by the tenants.