us/statute/42/1490a/a/3

loading…

(A) In the case of loans under sections 1484 and 1485 of this title approved prior to the effective date of this paragraph with respect to which rental assistance is provided, the rent for tenants receiving such assistance shall not exceed the highest of (i) 30 per centum of monthly adjusted income, (ii) 10 per centum of monthly income, or (iii) if the person or family is receiving payments for welfare assistance from a public agency, the portion of such payments which is specifically designated by such agency to meet the person’s or family’s housing costs.

(B) In the case of a section 1485 loan approved prior to the effective date of this paragraph with respect to which interest credits are provided, the tenant’s rent shall not exceed the highest of (i) 30 per centum of monthly adjusted income, (ii) 10 per centum of monthly income, or (iii) if the person or family is receiving payments for welfare assistance from a public agency, the portion of such payments which is specifically designated by such agency to meet the person’s or family’s housing costs, or, where no rental assistance authority is available, the rent level established on a basis of a 1 per centum interest rate on debt service.

(C) No rent for a unit financed under section 1484 or 1485 of this title shall be increased as a result of this subsection or other provision of Federal law or Federal regulation by more than 10 per centum in any twelve-month period, unless the increase above 10 per centum is attributable to increases in income which are unrelated to this subsection or other law, or regulation.

in view

Whole section

▸rulespec code

Shown source

statutes/42/1490a.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/1490a; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income

Parameter

source: 42 USC 1490a(d)

- name: maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income
  kind: parameter
  dtype: Rate
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490a/d
            excerpt: not more than 5 percent of the units assisted
  versions:
    - effective_from: '1961-01-01'
      formula: '0.05'

existing_project_contract_assistance_must_be_made_available

Derived

source: 42 USC 1490a(d)

- name: existing_project_contract_assistance_must_be_made_available
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1490a/d
  versions:
    - effective_from: '1961-01-01'
      formula: >-
        project_is_existing

        and unit_occupied_by_low_income_family_or_person

        and (assistance_extends_expiring_contracts or
        assistance_provides_additional_assistance_necessary_for_full_amount_authorized_pursuant_to_existing_contracts)

low_income_not_very_low_income_assisted_unit_share_within_limit

Derived

source: 42 USC 1490a(d)

- name: low_income_not_very_low_income_assisted_unit_share_within_limit
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1490a/d
            excerpt: >-
              not more than 5 percent of the units assisted may be occupied by low income families
              or persons who are not very low-income
  versions:
    - effective_from: '1961-01-01'
      formula: >-
        share_of_assisted_units_occupied_by_low_income_families_or_persons_who_are_not_very_low_income
        <= maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income

rental_assistance_contract_authority_transfer_required

Derived

source: 42 USC 1490a(d)

- name: rental_assistance_contract_authority_transfer_required
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1490a/d
  versions:
    - effective_from: '1961-01-01'
      formula: |-
        rental_assistance_contract_authority_unused_after_initial_rentup
        and rental_assistance_contract_authority_not_needed_because_lack_of_eligible_tenants_in_area
        and other_project_needs_rental_assistance_contract_authority

▸citations (3)

References

This rule cites 3 other rules.

42 USC § 1484inferredUS Federal › Statutes › Title 42 › § 1484
42 USC § 1485inferredUS Federal › Statutes › Title 42 › § 1485
42 USC § 1484inferredUS Federal › Statutes › Title 42 › § 1484

loading…

us/statute/42/1490a/a/3 · Axiom

Official source

in view

Whole section

▸rulespec code

Shown source

statutes/42/1490a.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/1490a; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income

Parameter

source: 42 USC 1490a(d)

- name: maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income
  kind: parameter
  dtype: Rate
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490a/d
            excerpt: not more than 5 percent of the units assisted
  versions:
    - effective_from: '1961-01-01'
      formula: '0.05'

existing_project_contract_assistance_must_be_made_available

Derived

source: 42 USC 1490a(d)

- name: existing_project_contract_assistance_must_be_made_available
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1490a/d
  versions:
    - effective_from: '1961-01-01'
      formula: >-
        project_is_existing

        and unit_occupied_by_low_income_family_or_person

        and (assistance_extends_expiring_contracts or
        assistance_provides_additional_assistance_necessary_for_full_amount_authorized_pursuant_to_existing_contracts)

low_income_not_very_low_income_assisted_unit_share_within_limit

Derived

source: 42 USC 1490a(d)

- name: low_income_not_very_low_income_assisted_unit_share_within_limit
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1490a/d
            excerpt: >-
              not more than 5 percent of the units assisted may be occupied by low income families
              or persons who are not very low-income
  versions:
    - effective_from: '1961-01-01'
      formula: >-
        share_of_assisted_units_occupied_by_low_income_families_or_persons_who_are_not_very_low_income
        <= maximum_share_of_assisted_units_occupied_by_low_income_not_very_low_income

rental_assistance_contract_authority_transfer_required

Derived

source: 42 USC 1490a(d)

- name: rental_assistance_contract_authority_transfer_required
  kind: derived
  entity: Project
  dtype: Judgment
  period: Month
  source: 42 USC 1490a(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1490a/d
  versions:
    - effective_from: '1961-01-01'
      formula: |-
        rental_assistance_contract_authority_unused_after_initial_rentup
        and rental_assistance_contract_authority_not_needed_because_lack_of_eligible_tenants_in_area
        and other_project_needs_rental_assistance_contract_authority

▸citations (3)

References

This rule cites 3 other rules.

42 USC § 1484inferredUS Federal › Statutes › Title 42 › § 1484
42 USC § 1485inferredUS Federal › Statutes › Title 42 › § 1485
42 USC § 1484inferredUS Federal › Statutes › Title 42 › § 1484