us/statute/42/1490m/e/3

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(A) The Secretary shall provide that if the owner or his or her successors in interest fail to carry out the agreements described in subparagraphs (A) and (B) of paragraph (1) during the applicable period, the owner or his or her successors in interest shall make a payment to the Secretary of an amount that equals the total amount of assistance provided under this section with respect to such housing, plus interest thereon (without compounding), for each year and any fraction thereof that the assistance was outstanding, at a rate determined by the Secretary taking into account the average yield on outstanding marketable long-term obligations of the United States during the month preceding the date on which the assistance was made available.

(B) Notwithstanding any other provision of law, any assistance provided under this section shall constitute a debt, which is payable in the case of any failure to carry out the agreements described in subparagraphs (A), (B), and (C) of paragraph (1), and shall be secured by the security instruments provided by the owner to the Secretary.

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statutes/42/1490m.yaml

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Rules

single_family_replacement_assistance_per_unit_cap

Parameter

source: 42 USC 1490m(b)(2)

- name: single_family_replacement_assistance_per_unit_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1490m(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: not to exceed $15,000 per unit
  versions:
    - effective_from: '0001-01-01'
      formula: '15000'

rental_rehabilitation_or_replacement_total_cost_cap_rate

Parameter

source: 42 USC 1490m(b)(4)

- name: rental_rehabilitation_or_replacement_total_cost_cap_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(b)(4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: shall not exceed 75 per centum of the total costs
  versions:
    - effective_from: '0001-01-01'
      formula: '0.75'

very_low_income_area_median_income_limit_rate

Parameter

source: 42 USC 1490m(b)(5)

- name: very_low_income_area_median_income_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(b)(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: incomes do not exceed 50 per centum of the area median income
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

state_allocation_single_grantee_cap_rate

Parameter

source: 42 USC 1490m(c)

- name: state_allocation_single_grantee_cap_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: may not receive more than 50 per centum of a State's allocation
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

remote_rural_area_population_threshold

Parameter

source: 42 USC 1490m(d)

- name: remote_rural_area_population_threshold
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: rural areas having populations below 10,000
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

rental_or_cooperative_low_income_occupancy_required_years

Parameter

source: 42 USC 1490m(e)

- name: rental_or_cooperative_low_income_occupancy_required_years
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: during the 5-year period beginning on the date
  versions:
    - effective_from: '0001-01-01'
      formula: '5'

initial_rulemaking_deadline_days_after_enactment

Parameter

source: 42 USC 1490m(h)

- name: initial_rulemaking_deadline_days_after_enactment
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: within 90 days after November 30, 1983
  versions:
    - effective_from: '1983-11-30'
      formula: '90'

grant_program_rulemaking_deadline_days_after_amendment

Parameter

source: 42 USC 1490m(h)

- name: grant_program_rulemaking_deadline_days_after_amendment
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: not later than the expiration of the 30-day period following February 5, 1988
  versions:
    - effective_from: '1988-02-05'
      formula: '30'

secretary_review_minimum_frequency_per_year

Parameter

source: 42 USC 1490m(g)

- name: secretary_review_minimum_frequency_per_year
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: at least on an annual basis
  versions:
    - effective_from: '0001-01-01'
      formula: '1'

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us/statute/42/1490m/e/3 · Axiom

Official source

in view

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▸rulespec code

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statutes/42/1490m.yaml

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

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Rules

single_family_replacement_assistance_per_unit_cap

Parameter

source: 42 USC 1490m(b)(2)

- name: single_family_replacement_assistance_per_unit_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 USC 1490m(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: not to exceed $15,000 per unit
  versions:
    - effective_from: '0001-01-01'
      formula: '15000'

rental_rehabilitation_or_replacement_total_cost_cap_rate

Parameter

source: 42 USC 1490m(b)(4)

- name: rental_rehabilitation_or_replacement_total_cost_cap_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(b)(4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: shall not exceed 75 per centum of the total costs
  versions:
    - effective_from: '0001-01-01'
      formula: '0.75'

very_low_income_area_median_income_limit_rate

Parameter

source: 42 USC 1490m(b)(5)

- name: very_low_income_area_median_income_limit_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(b)(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: incomes do not exceed 50 per centum of the area median income
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

state_allocation_single_grantee_cap_rate

Parameter

source: 42 USC 1490m(c)

- name: state_allocation_single_grantee_cap_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1490m(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: may not receive more than 50 per centum of a State's allocation
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

remote_rural_area_population_threshold

Parameter

source: 42 USC 1490m(d)

- name: remote_rural_area_population_threshold
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: rural areas having populations below 10,000
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

rental_or_cooperative_low_income_occupancy_required_years

Parameter

source: 42 USC 1490m(e)

- name: rental_or_cooperative_low_income_occupancy_required_years
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: during the 5-year period beginning on the date
  versions:
    - effective_from: '0001-01-01'
      formula: '5'

initial_rulemaking_deadline_days_after_enactment

Parameter

source: 42 USC 1490m(h)

- name: initial_rulemaking_deadline_days_after_enactment
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: within 90 days after November 30, 1983
  versions:
    - effective_from: '1983-11-30'
      formula: '90'

grant_program_rulemaking_deadline_days_after_amendment

Parameter

source: 42 USC 1490m(h)

- name: grant_program_rulemaking_deadline_days_after_amendment
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: not later than the expiration of the 30-day period following February 5, 1988
  versions:
    - effective_from: '1988-02-05'
      formula: '30'

secretary_review_minimum_frequency_per_year

Parameter

source: 42 USC 1490m(g)

- name: secretary_review_minimum_frequency_per_year
  kind: parameter
  dtype: Count
  source: 42 USC 1490m(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1490m
            excerpt: at least on an annual basis
  versions:
    - effective_from: '0001-01-01'
      formula: '1'