us/statute/42/12745/b/2

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is the principal residence of an owner whose family qualifies as a low-income family—

(A) in the case of a contract to purchase existing housing, at the time of purchase;

(B) in the case of a lease-purchase agreement for existing housing or for housing to be constructed, at the time the agreement is signed; or

in view

Whole section

▸rulespec code

Shown source

statutes/42/12745.yaml

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Rules

rental_median_income_reference_rate

Parameter

source: 42 USC 12745(a)

- name: rental_median_income_reference_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: 65 percent of the median income for the area
  versions:
    - effective_from: '2024-01-01'
      formula: '0.65'

rental_very_low_income_unit_minimum_rate

Parameter

source: 42 USC 12745(a)(1)(B)

- name: rental_very_low_income_unit_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: not less than 20 percent of the units
  versions:
    - effective_from: '2024-01-01'
      formula: '0.20'

tenant_rent_contribution_income_limit_rate

Parameter

source: 42 USC 12745(a)(1)(B)(i)

- name: tenant_rent_contribution_income_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(1)(B)(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: not more than 30 percent of the family’s monthly adjusted income
  versions:
    - effective_from: '2024-01-01'
      formula: '0.30'

tenant_income_increase_rent_limit_rate

Parameter

source: 42 USC 12745(a)(3)

- name: tenant_income_increase_rent_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: 30 percent of the family’s adjusted monthly income
  versions:
    - effective_from: '2024-01-01'
      formula: '0.30'

homeownership_initial_purchase_price_median_purchase_price_limit_rate

Parameter

source: 42 USC 12745(b)(1)

- name: homeownership_initial_purchase_price_median_purchase_price_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: does not exceed 95 percent of the median purchase price for the area
  versions:
    - effective_from: '2024-01-01'
      formula: '0.95'

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us/statute/42/12745/b/2 · Axiom

Official source

is the principal residence of an owner whose family qualifies as a low-income family—

(A) in the case of a contract to purchase existing housing, at the time of purchase;

(B) in the case of a lease-purchase agreement for existing housing or for housing to be constructed, at the time the agreement is signed; or

in view

Whole section

▸rulespec code

Shown source

statutes/42/12745.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/12745; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

rental_median_income_reference_rate

Parameter

source: 42 USC 12745(a)

- name: rental_median_income_reference_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: 65 percent of the median income for the area
  versions:
    - effective_from: '2024-01-01'
      formula: '0.65'

rental_very_low_income_unit_minimum_rate

Parameter

source: 42 USC 12745(a)(1)(B)

- name: rental_very_low_income_unit_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: not less than 20 percent of the units
  versions:
    - effective_from: '2024-01-01'
      formula: '0.20'

tenant_rent_contribution_income_limit_rate

Parameter

source: 42 USC 12745(a)(1)(B)(i)

- name: tenant_rent_contribution_income_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(1)(B)(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: not more than 30 percent of the family’s monthly adjusted income
  versions:
    - effective_from: '2024-01-01'
      formula: '0.30'

tenant_income_increase_rent_limit_rate

Parameter

source: 42 USC 12745(a)(3)

- name: tenant_income_increase_rent_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(a)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: 30 percent of the family’s adjusted monthly income
  versions:
    - effective_from: '2024-01-01'
      formula: '0.30'

homeownership_initial_purchase_price_median_purchase_price_limit_rate

Parameter

source: 42 USC 12745(b)(1)

- name: homeownership_initial_purchase_price_median_purchase_price_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 12745(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12745
            excerpt: does not exceed 95 percent of the median purchase price for the area
  versions:
    - effective_from: '2024-01-01'
      formula: '0.95'