Title 42 — The Public Health and WelfareRelease 119-73not60
§1437m Payment of Non-federal Share
Title 42 › Chapter 8— LOW-INCOME HOUSING › Subchapter I— GENERAL PROGRAM OF ASSISTED HOUSING › § 1437m
Summary
Permits using two kinds of project resources as the non‑Federal share for grants that help tenants in projects under this chapter (not section 1437f): yearly operating contributions and the rent/use value of buildings paid with development, modernization, or operation funds under this chapter.
Full Legal Text
Title 42, §1437m
The Public Health and Welfare — Source: USLM XML via OLRC
Any of the following may be used as the non-Federal share required in connection with activities undertaken under Federal grant-in-aid programs which provide social, educational, employment, and other services to the tenants in a project assisted under this chapter, other than under section 1437f of this title;
(1)annual contributions under this chapter for operation of the project; or
(2)rental or use-value of buildings or facilities paid for, in whole or in part, from development, modernization, or operation cost financed under this chapter.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1988—Cl. (2). Pub. L. 100–242 struck out “with loans or debt service annual contributions” after “cost financed”.
Reference
Citations & Metadata
Citation
42 U.S.C. § 1437m
Title 42 — The Public Health and Welfare
Last Updated
Apr 5, 2026
Release point: 119-73not60