PRIA, Government Policy, Made Personal

Summary

A community housing development organization that gets help under this program must have and follow a plan that lets tenants take part in management decisions. It must also use a fair lease and grievance process approved by the local participating government. The group cannot receive more than 50 percent of its total operating budget in any fiscal year, or more than $50,000 in a year, whichever is greater. The Secretary must count the help from this program when adjusting other aid to the same project as required by section 3545(d).

Title 42, §12774

The Public Health and Welfare, Source: USLM XML via OLRC

(a)Tenant participation plan

A community housing development organization that receives assistance under this part shall provide a plan for and follow a program of tenant participation in management decisions and shall adhere to a fair lease and grievance procedure approved by the participating jurisdiction.

(b)Limitation on assistance

A community housing development organization may not receive assistance under this subchapter for any fiscal year in an amount that provides more than 50 percent of the organization’s total operating budget in the fiscal year or $50,000 annually, whichever is greater.

(c)Adjustments of other assistance

The Secretary shall take account of assistance provided to a project under this part when adjusting other assistance to be provided to the project as required by section 3545(d) of this title.

Notes & Related Subsidiaries

Editorial Notes

Amendments

1992—Subsec. (b). Pub. L. 102–550 struck out “, together with other Federal assistance,” after “in an amount that” and inserted before period “or $50,000 annually, whichever is greater”.

Statutory Notes and Related Subsidiaries

Effective Date

of 1992 AmendmentAmendment by Pub. L. 102–550 applicable to unexpended funds allocated under subchapter II of this chapter in fiscal year 1992, except as otherwise specifically provided, see section 223 of Pub. L. 102–550, set out as a note under section 12704 of this title.

§12774 Other Requirements