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42 U.S.C. § 12871

Title 42Chapter 130Current through PL 116-220~1 min readLast updated: March 30, 2026View on OLRC →
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§ 12871. Program authority

  • (a) The Secretary is authorized to make—
    • (1) planning grants to enable applicants to develop homeownership programs; and
    • (2) implementation grants to enable applicants to carry out homeownership programs.
  • (b) In connection with a grant under this part, the Secretary may reserve authority to provide assistance under section 1437f of this title to the extent necessary to provide rental assistance for a nonpurchasing tenant who resides in the project on the date the Secretary approves the application for an implementation grant, for use by the tenant in another project.

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