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42 U.S.C. § 12703

Title 42Chapter 130Current through PL 116-220~1 min readLast updated: March 30, 2026View on OLRC →
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§ 12703. Purposes of Cranston-Gonzalez National Affordable Housing Act

The purposes of this Act are—

  • (1) to help families not owning a home to save for a down payment for the purchase of a home;
  • (2) to retain wherever feasible as housing affordable to low-income families those dwelling units produced for such purpose with Federal assistance;
  • (3) to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of housing affordable to low-income and moderate-income families;
  • (4) to expand and improve Federal rental assistance for very low-income families; and
  • (5) to increase the supply of supportive housing, which combines structural features and services needed to enable persons with special needs to live with dignity and independence.

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