us/statute/42/1486/g/3

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the term “development cost” shall have the meaning assigned to it in section 1485(d)(4) 1 1 See References in Text note below. of this title;

in view

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statutes/42/1486.yaml

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Rules

applicant_minimum_contribution_rate

Parameter

source: 42 USC 1486(a)(2)

- name: applicant_minimum_contribution_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: at least 10 per centum of the total development cost
  versions:
    - effective_from: '0001-01-01'
      formula: '0.10'

financial_assistance_maximum_development_cost_rate

Parameter

source: 42 USC 1486(b)

- name: financial_assistance_maximum_development_cost_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: shall not exceed 90 per centum of the total development cost
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

migrant_farmworker_housing_development_cost_assistance_rate

Parameter

source: 42 USC 1486(h)

- name: migrant_farmworker_housing_development_cost_assistance_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: provide assistance ... for 90 per centum of the development costs
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

fiscal_year_farm_labor_housing_nonprofit_assistance_limit_rate

Parameter

source: 42 USC 1486(i)

- name: fiscal_year_farm_labor_housing_nonprofit_assistance_limit_rate
  kind: parameter
  dtype: Rate
  period: Year
  source: 42 USC 1486(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not more than 10 per centum of the amounts available for any fiscal year
  versions:
    - effective_from: '0001-01-01'
      formula: '0.10'

existing_or_new_structure_advance_cap

Parameter

source: 42 USC 1486(k)(2)(A)(i)

- name: existing_or_new_structure_advance_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(A)(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: An advance, in an amount not to exceed $400,000
  versions:
    - effective_from: '1990-11-28'
      formula: '400000'

moderate_rehabilitation_grant_cap

Parameter

source: 42 USC 1486(k)(2)(A)(ii)

- name: moderate_rehabilitation_grant_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(A)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: A grant, in an amount not to exceed $400,000
  versions:
    - effective_from: '1990-11-28'
      formula: '400000'

annual_operating_cost_payment_limit_rate

Parameter

source: 42 USC 1486(k)(2)(A)(iii)

- name: annual_operating_cost_payment_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(A)(iii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not to exceed 75 percent of the annual operating costs
  versions:
    - effective_from: '1990-11-28'
      formula: '0.75'

high_cost_area_advance_or_grant_cap

Parameter

source: 42 USC 1486(k)(2)(B)

- name: high_cost_area_advance_or_grant_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: increase the limit ... to $800,000
  versions:
    - effective_from: '1990-11-28'
      formula: '800000'

full_advance_repayment_use_period_limit_years

Parameter

source: 42 USC 1486(k)(2)(C)

- name: full_advance_repayment_use_period_limit_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: for fewer than 10 years following initial occupancy
  versions:
    - effective_from: '1990-11-28'
      formula: '10'

full_advance_repayment_rate

Parameter

source: 42 USC 1486(k)(2)(C)

- name: full_advance_repayment_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: repay 100 percent of the advance
  versions:
    - effective_from: '1990-11-28'
      formula: '1'

advance_repayment_annual_reduction_percentage_points

Parameter

source: 42 USC 1486(k)(2)(C)

- name: advance_repayment_annual_reduction_percentage_points
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: reduced by 10 percentage points for each year in excess of 10
  versions:
    - effective_from: '1990-11-28'
      formula: '0.10'

undue_benefit_disposition_period_years

Parameter

source: 42 USC 1486(k)(2)(D)

- name: undue_benefit_disposition_period_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(2)(D)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: prior to the close of 20 years after the housing is placed in service
  versions:
    - effective_from: '1990-11-28'
      formula: '20'

site_control_award_deadline_months

Parameter

source: 42 USC 1486(k)(3)(A)(iv)

- name: site_control_award_deadline_months
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(iv)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not later than 6 months after notification of an award
  versions:
    - effective_from: '1990-11-28'
      formula: '6'

grant_recapture_site_control_deadline_years

Parameter

source: 42 USC 1486(k)(3)(A)(iv)

- name: grant_recapture_site_control_deadline_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(iv)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: within 1 year after notification of an award
  versions:
    - effective_from: '1990-11-28'
      formula: '1'

application_operation_assurance_minimum_years

Parameter

source: 42 USC 1486(k)(3)(A)(ii)

- name: application_operation_assurance_minimum_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: operated for not less than 10 years
  versions:
    - effective_from: '1990-11-28'
      formula: '10'

regulation_notice_deadline_days

Parameter

source: 42 USC 1486(k)(4)(A)

- name: regulation_notice_deadline_days
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(4)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: Not later than 120 days after November 28, 1990
  versions:
    - effective_from: '1990-11-28'
      formula: '120'

administrative_expense_limit_rate

Parameter

source: 42 USC 1486(k)(5)

- name: administrative_expense_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: No recipient may use more than 5 percent
  versions:
    - effective_from: '1990-11-28'
      formula: '0.05'

smoke_alarm_primary_battery_minimum_years

Parameter

source: 42 USC 1486(g)

- name: smoke_alarm_primary_battery_minimum_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: '10'

annual_operating_cost_payment_maximum

Derived

source: 42 USC 1486(k)

- name: annual_operating_cost_payment_maximum
  kind: derived
  entity: HousingProject
  dtype: Money
  period: Year
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              Annual payments for operating costs ... not to exceed 75 percent of the annual
              operating costs
  versions:
    - effective_from: '1990-11-28'
      formula: annual_operating_cost_payment_limit_rate * max(0, annual_operating_costs)

advance_repayment_rate

Derived

source: 42 USC 1486(k)

- name: advance_repayment_rate
  kind: derived
  entity: HousingProject
  dtype: Rate
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              100 percent of the advance ... reduced by 10 percentage points for each year in excess
              of 10
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if years_used_for_subsection_purposes < full_advance_repayment_use_period_limit_years:
        full_advance_repayment_rate else: max(0, full_advance_repayment_rate -
        (advance_repayment_annual_reduction_percentage_points * max(0,
        years_used_for_subsection_purposes - full_advance_repayment_use_period_limit_years)))

advance_repayment_amount

Derived

source: 42 USC 1486(k)

- name: advance_repayment_amount
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: Any advance ... shall be repaid ... when the project ceases to be used
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if project_ceases_to_be_used_as_housing_under_subsection: max(0, advance_amount_received) *
        advance_repayment_rate else: 0

administrative_expense_maximum

Derived

source: 42 USC 1486(k)

- name: administrative_expense_maximum
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: No recipient may use more than 5 percent of an advance or grant
  versions:
    - effective_from: '1990-11-28'
      formula: administrative_expense_limit_rate * max(0, advance_or_grant_received)

advance_cap_for_area

Derived

source: 42 USC 1486(k)

- name: advance_cap_for_area
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              The Secretary may increase the limit ... to $800,000 in areas ... high acquisition and
              rehabilitation costs.
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if secretary_finds_area_has_high_acquisition_and_rehabilitation_costs:
        high_cost_area_advance_or_grant_cap else: existing_or_new_structure_advance_cap

moderate_rehabilitation_grant_cap_for_area

Derived

source: 42 USC 1486(k)

- name: moderate_rehabilitation_grant_cap_for_area
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              The Secretary may increase the limit ... to $800,000 in areas ... high acquisition and
              rehabilitation costs.
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if secretary_finds_area_has_high_acquisition_and_rehabilitation_costs:
        high_cost_area_advance_or_grant_cap else: moderate_rehabilitation_grant_cap

grant_recapture_required_for_site_control_failure

Derived

source: 42 USC 1486(k)

- name: grant_recapture_required_for_site_control_failure
  kind: derived
  entity: HousingProject
  dtype: Judgment
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              If an applicant fails to obtain ownership or control of the site within 1 year ... the
              grant shall be recaptured
  versions:
    - effective_from: '1990-11-28'
      formula: applicant_failed_to_obtain_site_ownership_or_control_within_recapture_deadline

other_public_funds_replacement_prohibited

Derived

source: 42 USC 1486(k)

- name: other_public_funds_replacement_prohibited
  kind: derived
  entity: HousingProject
  dtype: Judgment
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              No assistance received under this subsection ... may be used to replace other public
              funds
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        assistance_or_supplemental_funds_used_to_replace_other_public_funds_previously_used_or_designated

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 1485 (d)(4)inferredUS Federal › Statutes › Title 42 › § 1485 › (d)(4)

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us/statute/42/1486/g/3 · Axiom

Official source

the term “development cost” shall have the meaning assigned to it in section 1485(d)(4) 1 1 See References in Text note below. of this title;

in view

Whole section

▸rulespec code

Shown source

statutes/42/1486.yaml

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Rules

applicant_minimum_contribution_rate

Parameter

source: 42 USC 1486(a)(2)

- name: applicant_minimum_contribution_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: at least 10 per centum of the total development cost
  versions:
    - effective_from: '0001-01-01'
      formula: '0.10'

financial_assistance_maximum_development_cost_rate

Parameter

source: 42 USC 1486(b)

- name: financial_assistance_maximum_development_cost_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: shall not exceed 90 per centum of the total development cost
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

migrant_farmworker_housing_development_cost_assistance_rate

Parameter

source: 42 USC 1486(h)

- name: migrant_farmworker_housing_development_cost_assistance_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: provide assistance ... for 90 per centum of the development costs
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

fiscal_year_farm_labor_housing_nonprofit_assistance_limit_rate

Parameter

source: 42 USC 1486(i)

- name: fiscal_year_farm_labor_housing_nonprofit_assistance_limit_rate
  kind: parameter
  dtype: Rate
  period: Year
  source: 42 USC 1486(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not more than 10 per centum of the amounts available for any fiscal year
  versions:
    - effective_from: '0001-01-01'
      formula: '0.10'

existing_or_new_structure_advance_cap

Parameter

source: 42 USC 1486(k)(2)(A)(i)

- name: existing_or_new_structure_advance_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(A)(i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: An advance, in an amount not to exceed $400,000
  versions:
    - effective_from: '1990-11-28'
      formula: '400000'

moderate_rehabilitation_grant_cap

Parameter

source: 42 USC 1486(k)(2)(A)(ii)

- name: moderate_rehabilitation_grant_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(A)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: A grant, in an amount not to exceed $400,000
  versions:
    - effective_from: '1990-11-28'
      formula: '400000'

annual_operating_cost_payment_limit_rate

Parameter

source: 42 USC 1486(k)(2)(A)(iii)

- name: annual_operating_cost_payment_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(A)(iii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not to exceed 75 percent of the annual operating costs
  versions:
    - effective_from: '1990-11-28'
      formula: '0.75'

high_cost_area_advance_or_grant_cap

Parameter

source: 42 USC 1486(k)(2)(B)

- name: high_cost_area_advance_or_grant_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)(2)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: increase the limit ... to $800,000
  versions:
    - effective_from: '1990-11-28'
      formula: '800000'

full_advance_repayment_use_period_limit_years

Parameter

source: 42 USC 1486(k)(2)(C)

- name: full_advance_repayment_use_period_limit_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: for fewer than 10 years following initial occupancy
  versions:
    - effective_from: '1990-11-28'
      formula: '10'

full_advance_repayment_rate

Parameter

source: 42 USC 1486(k)(2)(C)

- name: full_advance_repayment_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: repay 100 percent of the advance
  versions:
    - effective_from: '1990-11-28'
      formula: '1'

advance_repayment_annual_reduction_percentage_points

Parameter

source: 42 USC 1486(k)(2)(C)

- name: advance_repayment_annual_reduction_percentage_points
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(2)(C)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: reduced by 10 percentage points for each year in excess of 10
  versions:
    - effective_from: '1990-11-28'
      formula: '0.10'

undue_benefit_disposition_period_years

Parameter

source: 42 USC 1486(k)(2)(D)

- name: undue_benefit_disposition_period_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(2)(D)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: prior to the close of 20 years after the housing is placed in service
  versions:
    - effective_from: '1990-11-28'
      formula: '20'

site_control_award_deadline_months

Parameter

source: 42 USC 1486(k)(3)(A)(iv)

- name: site_control_award_deadline_months
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(iv)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: not later than 6 months after notification of an award
  versions:
    - effective_from: '1990-11-28'
      formula: '6'

grant_recapture_site_control_deadline_years

Parameter

source: 42 USC 1486(k)(3)(A)(iv)

- name: grant_recapture_site_control_deadline_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(iv)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: within 1 year after notification of an award
  versions:
    - effective_from: '1990-11-28'
      formula: '1'

application_operation_assurance_minimum_years

Parameter

source: 42 USC 1486(k)(3)(A)(ii)

- name: application_operation_assurance_minimum_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(3)(A)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: operated for not less than 10 years
  versions:
    - effective_from: '1990-11-28'
      formula: '10'

regulation_notice_deadline_days

Parameter

source: 42 USC 1486(k)(4)(A)

- name: regulation_notice_deadline_days
  kind: parameter
  dtype: Count
  source: 42 USC 1486(k)(4)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: Not later than 120 days after November 28, 1990
  versions:
    - effective_from: '1990-11-28'
      formula: '120'

administrative_expense_limit_rate

Parameter

source: 42 USC 1486(k)(5)

- name: administrative_expense_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1486(k)(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: No recipient may use more than 5 percent
  versions:
    - effective_from: '1990-11-28'
      formula: '0.05'

smoke_alarm_primary_battery_minimum_years

Parameter

source: 42 USC 1486(g)

- name: smoke_alarm_primary_battery_minimum_years
  kind: parameter
  dtype: Count
  source: 42 USC 1486(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: '10'

annual_operating_cost_payment_maximum

Derived

source: 42 USC 1486(k)

- name: annual_operating_cost_payment_maximum
  kind: derived
  entity: HousingProject
  dtype: Money
  period: Year
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              Annual payments for operating costs ... not to exceed 75 percent of the annual
              operating costs
  versions:
    - effective_from: '1990-11-28'
      formula: annual_operating_cost_payment_limit_rate * max(0, annual_operating_costs)

advance_repayment_rate

Derived

source: 42 USC 1486(k)

- name: advance_repayment_rate
  kind: derived
  entity: HousingProject
  dtype: Rate
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              100 percent of the advance ... reduced by 10 percentage points for each year in excess
              of 10
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if years_used_for_subsection_purposes < full_advance_repayment_use_period_limit_years:
        full_advance_repayment_rate else: max(0, full_advance_repayment_rate -
        (advance_repayment_annual_reduction_percentage_points * max(0,
        years_used_for_subsection_purposes - full_advance_repayment_use_period_limit_years)))

advance_repayment_amount

Derived

source: 42 USC 1486(k)

- name: advance_repayment_amount
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: Any advance ... shall be repaid ... when the project ceases to be used
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if project_ceases_to_be_used_as_housing_under_subsection: max(0, advance_amount_received) *
        advance_repayment_rate else: 0

administrative_expense_maximum

Derived

source: 42 USC 1486(k)

- name: administrative_expense_maximum
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: No recipient may use more than 5 percent of an advance or grant
  versions:
    - effective_from: '1990-11-28'
      formula: administrative_expense_limit_rate * max(0, advance_or_grant_received)

advance_cap_for_area

Derived

source: 42 USC 1486(k)

- name: advance_cap_for_area
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              The Secretary may increase the limit ... to $800,000 in areas ... high acquisition and
              rehabilitation costs.
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if secretary_finds_area_has_high_acquisition_and_rehabilitation_costs:
        high_cost_area_advance_or_grant_cap else: existing_or_new_structure_advance_cap

moderate_rehabilitation_grant_cap_for_area

Derived

source: 42 USC 1486(k)

- name: moderate_rehabilitation_grant_cap_for_area
  kind: derived
  entity: HousingProject
  dtype: Money
  unit: USD
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              The Secretary may increase the limit ... to $800,000 in areas ... high acquisition and
              rehabilitation costs.
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        if secretary_finds_area_has_high_acquisition_and_rehabilitation_costs:
        high_cost_area_advance_or_grant_cap else: moderate_rehabilitation_grant_cap

grant_recapture_required_for_site_control_failure

Derived

source: 42 USC 1486(k)

- name: grant_recapture_required_for_site_control_failure
  kind: derived
  entity: HousingProject
  dtype: Judgment
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              If an applicant fails to obtain ownership or control of the site within 1 year ... the
              grant shall be recaptured
  versions:
    - effective_from: '1990-11-28'
      formula: applicant_failed_to_obtain_site_ownership_or_control_within_recapture_deadline

other_public_funds_replacement_prohibited

Derived

source: 42 USC 1486(k)

- name: other_public_funds_replacement_prohibited
  kind: derived
  entity: HousingProject
  dtype: Judgment
  source: 42 USC 1486(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: predicate
          source:
            corpus_citation_path: us/statute/42/1486
            excerpt: >-
              No assistance received under this subsection ... may be used to replace other public
              funds
  versions:
    - effective_from: '1990-11-28'
      formula: >-
        assistance_or_supplemental_funds_used_to_replace_other_public_funds_previously_used_or_designated

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 1485 (d)(4)inferredUS Federal › Statutes › Title 42 › § 1485 › (d)(4)