§4133 Program Requirements

Summary

Any tribe or group that gets these grants must write rules for how it sets rents and homebuyer payments for homes paid for with the grant. They must also make written rules about who can apply, who can move in, and how homes are managed and kept in good repair. For low-income families, monthly rent or homebuyer payments cannot be more than 30 percent of the family’s monthly adjusted income. Groups that own or run housing built under a federal contract must set aside and use grant money as needed to keep the housing maintained and operating. They must carry adequate insurance and may demolish or sell housing when federal rules allow it. If a tribe’s housing plan says grant money can be used over more than 1 fiscal year or saved for future-year projects, federal officials cannot force the money to be spent sooner than the plan allows. Any unused grant money from a fiscal year can be used in later fiscal years. Purchases of goods or services under $5,000 do not have to follow competitive bidding rules.