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us/statute/42/12771/b — Set-aside for community housing development organizations · Axiom

Set-aside for community housing development organizations

6 rules

(b) Recapture and reuse If any funds reserved under subsection (a) remain uninvested for a period of 24 months, then the Secretary shall deduct such funds from the line of credit in the participating jurisdiction’s HOME Investment Trust Fund and make such funds available by direct reallocation

(1) to other participating jurisdictions for affordable housing developed, sponsored or owned by community housing development organizations, or (2) to nonprofit intermediary organizations to carry out activities that develop the capacity of community housing development organizations consistent with section 12773 of this title , with preference to community housing development organizations serving the jurisdiction from which the funds were recaptured.

in view

Whole section

Encodings · 6

reserved_funds_uninvested_recapture_month_threshold42 USC § 12771 (b) · parameter

42 U.S.C. 12771(b)

name: reserved_funds_uninvested_recapture_month_threshold
kind: parameter
dtype: Count
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/12771/b
          excerpt: remain uninvested for a period of 24 months
versions:
  - effective_from: '2024-01-01'
    formula: '24'

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reserved_funds_subject_to_recapture42 USC § 12771 (b) · derived

42 U.S.C. 12771(b)

name: reserved_funds_subject_to_recapture
kind: derived
entity: HomeInvestmentTrustFundReservation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us/statute/42/12771/b
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us:statutes/42/12771#reserved_funds_uninvested_recapture_month_threshold
          output: reserved_funds_uninvested_recapture_month_threshold
          hash: sha256:local
versions:
  - effective_from: '2024-01-01'
    formula: >-
      uninvested_reserved_funds_amount > 0

      and months_reserved_funds_remain_uninvested >=
      reserved_funds_uninvested_recapture_month_threshold

open in graph ↗

recaptured_reserved_funds_amount42 USC § 12771 (b) · derived

42 U.S.C. 12771(b)

name: recaptured_reserved_funds_amount
kind: derived
entity: HomeInvestmentTrustFundReservation
dtype: Money
period: Month
unit: USD
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/42/12771/b
      - path: versions[0].formula
        kind: import
        import:
          target: us:statutes/42/12771#reserved_funds_subject_to_recapture
          output: reserved_funds_subject_to_recapture
          hash: sha256:local
versions:
  - effective_from: '2024-01-01'
    formula: >-
      if reserved_funds_subject_to_recapture: uninvested_reserved_funds_amount
      else: 0

open in graph ↗

direct_reallocation_for_other_jurisdiction_chdo_affordable_housing42 USC § 12771 (b) (1) · derived

42 U.S.C. 12771(b)(1)

name: direct_reallocation_for_other_jurisdiction_chdo_affordable_housing
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_is_to_other_participating_jurisdiction

      and
      reallocation_is_for_affordable_housing_developed_sponsored_or_owned_by_community_housing_development_organizations

open in graph ↗

direct_reallocation_for_nonprofit_intermediary_chdo_capacity42 USC § 12771 (b) (2) · derived

42 U.S.C. 12771(b)(2)

name: direct_reallocation_for_nonprofit_intermediary_chdo_capacity
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_is_to_nonprofit_intermediary_organization

      and
      reallocation_activity_develops_capacity_of_community_housing_development_organizations_consistent_with_section_12773

open in graph ↗

reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction42 USC § 12771 (b) (2) · derived

42 U.S.C. 12771(b)(2)

name: reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_candidate_is_community_housing_development_organization_serving_jurisdiction_from_which_funds_were_recaptured

open in graph ↗

▸rulespec code

Shown source

statutes/42/12771.yaml

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This encoding covers the parent provision us/statute/42/12771; no dedicated encoding exists for this exact provision yet.

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Rules

reserved_funds_uninvested_recapture_month_threshold

Parameter

source: 42 U.S.C. 12771(b)

- name: reserved_funds_uninvested_recapture_month_threshold
  kind: parameter
  dtype: Count
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12771/b
            excerpt: remain uninvested for a period of 24 months
  versions:
    - effective_from: '2024-01-01'
      formula: '24'

reserved_funds_subject_to_recapture

Derived

source: 42 U.S.C. 12771(b)

- name: reserved_funds_subject_to_recapture
  kind: derived
  entity: HomeInvestmentTrustFundReservation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/12771/b
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/12771#reserved_funds_uninvested_recapture_month_threshold
            output: reserved_funds_uninvested_recapture_month_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        uninvested_reserved_funds_amount > 0

        and months_reserved_funds_remain_uninvested >=
        reserved_funds_uninvested_recapture_month_threshold

recaptured_reserved_funds_amount

Derived

source: 42 U.S.C. 12771(b)

- name: recaptured_reserved_funds_amount
  kind: derived
  entity: HomeInvestmentTrustFundReservation
  dtype: Money
  period: Month
  unit: USD
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/12771/b
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/12771#reserved_funds_subject_to_recapture
            output: reserved_funds_subject_to_recapture
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: 'if reserved_funds_subject_to_recapture: uninvested_reserved_funds_amount else: 0'

direct_reallocation_for_other_jurisdiction_chdo_affordable_housing

Derived(1) in text ↖

source: 42 U.S.C. 12771(b)(1)

- name: direct_reallocation_for_other_jurisdiction_chdo_affordable_housing
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_is_to_other_participating_jurisdiction

        and
        reallocation_is_for_affordable_housing_developed_sponsored_or_owned_by_community_housing_development_organizations

direct_reallocation_for_nonprofit_intermediary_chdo_capacity

Derived(2) in text ↖

source: 42 U.S.C. 12771(b)(2)

- name: direct_reallocation_for_nonprofit_intermediary_chdo_capacity
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_is_to_nonprofit_intermediary_organization

        and
        reallocation_activity_develops_capacity_of_community_housing_development_organizations_consistent_with_section_12773

reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction

Derived(2) in text ↖

source: 42 U.S.C. 12771(b)(2)

- name: reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_candidate_is_community_housing_development_organization_serving_jurisdiction_from_which_funds_were_recaptured

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 12773inferredUS Federal › Statutes › Title 42 › § 12773

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Set-aside for community housing development organizations

6 rules

Official source

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in view

Whole section

Encodings · 6

reserved_funds_uninvested_recapture_month_threshold42 USC § 12771 (b) · parameter

42 U.S.C. 12771(b)

name: reserved_funds_uninvested_recapture_month_threshold
kind: parameter
dtype: Count
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/12771/b
          excerpt: remain uninvested for a period of 24 months
versions:
  - effective_from: '2024-01-01'
    formula: '24'

open in graph ↗

reserved_funds_subject_to_recapture42 USC § 12771 (b) · derived

42 U.S.C. 12771(b)

name: reserved_funds_subject_to_recapture
kind: derived
entity: HomeInvestmentTrustFundReservation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us/statute/42/12771/b
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us:statutes/42/12771#reserved_funds_uninvested_recapture_month_threshold
          output: reserved_funds_uninvested_recapture_month_threshold
          hash: sha256:local
versions:
  - effective_from: '2024-01-01'
    formula: >-
      uninvested_reserved_funds_amount > 0

      and months_reserved_funds_remain_uninvested >=
      reserved_funds_uninvested_recapture_month_threshold

open in graph ↗

recaptured_reserved_funds_amount42 USC § 12771 (b) · derived

42 U.S.C. 12771(b)

name: recaptured_reserved_funds_amount
kind: derived
entity: HomeInvestmentTrustFundReservation
dtype: Money
period: Month
unit: USD
source: 42 U.S.C. 12771(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/42/12771/b
      - path: versions[0].formula
        kind: import
        import:
          target: us:statutes/42/12771#reserved_funds_subject_to_recapture
          output: reserved_funds_subject_to_recapture
          hash: sha256:local
versions:
  - effective_from: '2024-01-01'
    formula: >-
      if reserved_funds_subject_to_recapture: uninvested_reserved_funds_amount
      else: 0

open in graph ↗

direct_reallocation_for_other_jurisdiction_chdo_affordable_housing42 USC § 12771 (b) (1) · derived

42 U.S.C. 12771(b)(1)

name: direct_reallocation_for_other_jurisdiction_chdo_affordable_housing
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_is_to_other_participating_jurisdiction

      and
      reallocation_is_for_affordable_housing_developed_sponsored_or_owned_by_community_housing_development_organizations

open in graph ↗

direct_reallocation_for_nonprofit_intermediary_chdo_capacity42 USC § 12771 (b) (2) · derived

42 U.S.C. 12771(b)(2)

name: direct_reallocation_for_nonprofit_intermediary_chdo_capacity
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_is_to_nonprofit_intermediary_organization

      and
      reallocation_activity_develops_capacity_of_community_housing_development_organizations_consistent_with_section_12773

open in graph ↗

reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction42 USC § 12771 (b) (2) · derived

42 U.S.C. 12771(b)(2)

name: reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction
kind: derived
entity: HomeDirectReallocation
dtype: Judgment
period: Month
source: 42 U.S.C. 12771(b)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: predicate
        source:
          corpus_citation_path: us/statute/42/12771/b
versions:
  - effective_from: '2024-01-01'
    formula: >-
      reallocation_candidate_is_community_housing_development_organization_serving_jurisdiction_from_which_funds_were_recaptured

open in graph ↗

▸rulespec code

Shown source

statutes/42/12771.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/12771; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

reserved_funds_uninvested_recapture_month_threshold

Parameter

source: 42 U.S.C. 12771(b)

- name: reserved_funds_uninvested_recapture_month_threshold
  kind: parameter
  dtype: Count
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/12771/b
            excerpt: remain uninvested for a period of 24 months
  versions:
    - effective_from: '2024-01-01'
      formula: '24'

reserved_funds_subject_to_recapture

Derived

source: 42 U.S.C. 12771(b)

- name: reserved_funds_subject_to_recapture
  kind: derived
  entity: HomeInvestmentTrustFundReservation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/12771/b
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/12771#reserved_funds_uninvested_recapture_month_threshold
            output: reserved_funds_uninvested_recapture_month_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        uninvested_reserved_funds_amount > 0

        and months_reserved_funds_remain_uninvested >=
        reserved_funds_uninvested_recapture_month_threshold

recaptured_reserved_funds_amount

Derived

source: 42 U.S.C. 12771(b)

- name: recaptured_reserved_funds_amount
  kind: derived
  entity: HomeInvestmentTrustFundReservation
  dtype: Money
  period: Month
  unit: USD
  source: 42 U.S.C. 12771(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/12771/b
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/12771#reserved_funds_subject_to_recapture
            output: reserved_funds_subject_to_recapture
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: 'if reserved_funds_subject_to_recapture: uninvested_reserved_funds_amount else: 0'

direct_reallocation_for_other_jurisdiction_chdo_affordable_housing

Derived(1) in text ↖

source: 42 U.S.C. 12771(b)(1)

- name: direct_reallocation_for_other_jurisdiction_chdo_affordable_housing
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_is_to_other_participating_jurisdiction

        and
        reallocation_is_for_affordable_housing_developed_sponsored_or_owned_by_community_housing_development_organizations

direct_reallocation_for_nonprofit_intermediary_chdo_capacity

Derived(2) in text ↖

source: 42 U.S.C. 12771(b)(2)

- name: direct_reallocation_for_nonprofit_intermediary_chdo_capacity
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_is_to_nonprofit_intermediary_organization

        and
        reallocation_activity_develops_capacity_of_community_housing_development_organizations_consistent_with_section_12773

reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction

Derived(2) in text ↖

source: 42 U.S.C. 12771(b)(2)

- name: reallocation_preference_for_chdos_serving_recaptured_funds_jurisdiction
  kind: derived
  entity: HomeDirectReallocation
  dtype: Judgment
  period: Month
  source: 42 U.S.C. 12771(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/12771/b
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        reallocation_candidate_is_community_housing_development_organization_serving_jurisdiction_from_which_funds_were_recaptured

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 12773inferredUS Federal › Statutes › Title 42 › § 12773