Eligible uses of investment

6 rules

(a) Housing uses

(1) In general Funds made available under this part may be used by participating jurisdictions to provide incentives to develop and support affordable rental housing and homeownership affordability through the acquisition, new construction, reconstruction, or moderate or substantial rehabilitation of affordable housing, including real property acquisition, site improvement, conversion, demolition, and other expenses, including financing costs, relocation expenses of any displaced persons, families, businesses, or organizations, to provide for the payment of reasonable administrative and planning costs, to provide for the payment of operating expenses of community housing development organizations, and to provide tenant-based rental assistance. For the purpose of this part, the term “affordable housing” includes permanent housing for disabled homeless persons, transitional housing, and single room occupancy housing.

(2) Preference to rehabilitation A participating jurisdiction shall give preference to rehabilitation of substandard housing unless the jurisdiction determines that—

(A) such rehabilitation is not the most cost effective way to meet the jurisdiction’s need to expand the supply of affordable housing; and (B) the jurisdiction’s housing needs cannot be met through rehabilitation of the available stock. The Secretary shall not restrict a participating jurisdiction’s choice of rehabilitation, substantial rehabilitation, new construction, reconstruction, acquisition, or other eligible housing use unless such restriction is explicitly authorized under section 12753(2) of this title .

(3) Tenant-based rental assistance

(A) In general A participating jurisdiction may use funds provided under this part for tenant-based rental assistance only if—

(i) the jurisdiction certifies that the use of funds under this part for tenant-based rental assistance is an essential element of the jurisdiction’s annual housing strategy for expanding the supply, affordability, and availability of decent, safe, sanitary, and affordable housing, and specifies the local market conditions that lead to the choice of this option; and (ii) the tenant-based rental assistance is provided in accordance with written tenant selection policies and criteria that are consistent with the purposes of providing housing to very low- and low-income families and are reasonably related to preference rules established under section 1437d(c)(4)(A) 1 1 See References in Text note below. of this title.

(B) Fair share not affected A jurisdiction’s section 8 [ 42 U.S.C. 1437f ] fair share allocation shall be unaffected by the use of assistance under this subchapter.

(C) 24-month contracts Rental assistance contracts made available with assistance under this subchapter shall be for not more than 24 months, except that assistance to a family may be renewed.

(D) Use of section 1437f assistance In any case where assistance under section 1437f of this title becomes available to a participating jurisdiction, recipients of rental assistance under this subchapter shall qualify for tenant selection preferences to the same extent as when they received the rental assistance under this subchapter. A rental assistance program under this subchapter shall meet minimum criteria prescribed by the Secretary, such as housing quality standards and standards regarding the reasonableness of the rent.

(E) Security deposit assistance A jurisdiction using funds provided under this part for tenant-based rental assistance may use such funds to provide loans or grants to very low- and low-income families for security deposits for rental of dwelling units. Assistance under this subparagraph does not preclude assistance under any other provision of this paragraph.

(4) Redesignated

(3) (5) Lead-based paint hazards A participating jurisdiction may use funds provided under this part for the evaluation and reduction of lead-based paint hazards, as defined in section 4851b of this title .

Eligible uses of investment

6 rules

Official source

graph ↗build calculator ↗

(a) Housing uses

(2) Preference to rehabilitation A participating jurisdiction shall give preference to rehabilitation of substandard housing unless the jurisdiction determines that—

(3) Tenant-based rental assistance

(A) In general A participating jurisdiction may use funds provided under this part for tenant-based rental assistance only if—

(B) Fair share not affected A jurisdiction’s section 8 [ 42 U.S.C. 1437f ] fair share allocation shall be unaffected by the use of assistance under this subchapter.

(C) 24-month contracts Rental assistance contracts made available with assistance under this subchapter shall be for not more than 24 months, except that assistance to a family may be renewed.

(4) Redesignated

name: tenant_based_rental_assistance_contract_maximum_months kind: parameter dtype: Count source: 42 USC 12742(a)(3)(C) metadata: proof: atoms: - path: versions[0].formula kind: parameter source: corpus_citation_path: us/statute/42/12742/a excerpt: Rental assistance contracts ... shall be for not more than 24 months versions: - effective_from: '2024-01-01' formula: '24'

name: funds_may_be_used_for_housing_uses kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: |- funds_made_available_under_this_part and participating_jurisdiction_uses_funds_for_source_listed_housing_use

name: tenant_based_rental_assistance_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(3)(A) metadata: proof: atoms: - path: versions[0].formula kind: condition source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: >- funds_made_available_under_this_part and jurisdiction_certifies_tenant_based_rental_assistance_is_essential_element_of_annual_housing_strategy and jurisdiction_specifies_local_market_conditions_leading_to_tenant_based_rental_assistance_option and tenant_based_rental_assistance_provided_under_written_selection_policies_consistent_with_low_income_housing_purposes_and_section_1437d_preferences

name: rental_assistance_contract_within_source_term_limit kind: derived entity: RentalAssistanceContract dtype: Judgment period: Month source: 42 USC 12742(a)(3)(C) metadata: proof: atoms: - path: versions[0].formula kind: formula source: corpus_citation_path: us/statute/42/12742/a excerpt: shall be for not more than 24 months - path: versions[0].formula kind: import import: target: >- us:statutes/42/12742#tenant_based_rental_assistance_contract_maximum_months output: tenant_based_rental_assistance_contract_maximum_months hash: sha256:local versions: - effective_from: '2024-01-01' formula: >- rental_assistance_contract_months <= tenant_based_rental_assistance_contract_maximum_months

name: security_deposit_assistance_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(3)(E) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: >- jurisdiction_uses_funds_for_tenant_based_rental_assistance and assistance_is_loan_or_grant_for_security_deposit_for_rental_dwelling_unit and family_is_very_low_or_low_income

name: lead_based_paint_hazard_evaluation_reduction_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(5) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: >- funds_made_available_under_this_part and funds_used_for_evaluation_or_reduction_of_lead_based_paint_hazards_as_defined_in_section_4851b

- name: tenant_based_rental_assistance_contract_maximum_months kind: parameter dtype: Count source: 42 USC 12742(a)(3)(C) metadata: proof: atoms: - path: versions[0].formula kind: parameter source: corpus_citation_path: us/statute/42/12742/a excerpt: Rental assistance contracts ... shall be for not more than 24 months versions: - effective_from: '2024-01-01' formula: '24'

- name: funds_may_be_used_for_housing_uses kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: |- funds_made_available_under_this_part and participating_jurisdiction_uses_funds_for_source_listed_housing_use

- name: tenant_based_rental_assistance_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(3)(A) metadata: proof: atoms: - path: versions[0].formula kind: condition source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: >- funds_made_available_under_this_part and jurisdiction_certifies_tenant_based_rental_assistance_is_essential_element_of_annual_housing_strategy and jurisdiction_specifies_local_market_conditions_leading_to_tenant_based_rental_assistance_option and tenant_based_rental_assistance_provided_under_written_selection_policies_consistent_with_low_income_housing_purposes_and_section_1437d_preferences

- name: rental_assistance_contract_within_source_term_limit kind: derived entity: RentalAssistanceContract dtype: Judgment period: Month source: 42 USC 12742(a)(3)(C) metadata: proof: atoms: - path: versions[0].formula kind: formula source: corpus_citation_path: us/statute/42/12742/a excerpt: shall be for not more than 24 months - path: versions[0].formula kind: import import: target: us:statutes/42/12742#tenant_based_rental_assistance_contract_maximum_months output: tenant_based_rental_assistance_contract_maximum_months hash: sha256:local versions: - effective_from: '2024-01-01' formula: rental_assistance_contract_months <= tenant_based_rental_assistance_contract_maximum_months

- name: security_deposit_assistance_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(3)(E) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: |- jurisdiction_uses_funds_for_tenant_based_rental_assistance and assistance_is_loan_or_grant_for_security_deposit_for_rental_dwelling_unit and family_is_very_low_or_low_income

- name: lead_based_paint_hazard_evaluation_reduction_funding_authorized kind: derived entity: ParticipatingJurisdiction dtype: Judgment period: Year source: 42 USC 12742(a)(5) metadata: proof: atoms: - path: versions[0].formula kind: predicate source: corpus_citation_path: us/statute/42/12742/a versions: - effective_from: '2024-01-01' formula: >- funds_made_available_under_this_part and funds_used_for_evaluation_or_reduction_of_lead_based_paint_hazards_as_defined_in_section_4851b