42 U.S.C. § 12713 — Eligibility under first-time homebuyer programs

FEDERAL · 42 U.S.C. · Chapter SUBCHAPTER I—GENERAL PROVISIONS AND POLICIES

Eligibility under first-time homebuyer programs

42 U.S.C. § 12713

ChapterSUBCHAPTER I—GENERAL PROVISIONS AND POLICIES

This text of 42 U.S.C. § 12713 (Eligibility under first-time homebuyer programs) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

42 U.S.C. § 12713.

Text

(a)Eligibility of displaced homemakers and single parents for Federal assistance for first-time homebuyers No individual who is a displaced homemaker may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. No individual who is a single parent may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while married, owned a home with his or her spouse or resided in a home owned by the spouse.

(b)Definitions For purposes of this section: The term "displaced homemaker" means an individual who—

(A)is an adult;

(B)has not worked full-time, full-year in the labor force for a nu

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(a) Eligibility of displaced homemakers and single parents for Federal assistance for first-time homebuyers
No individual who is a displaced homemaker may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse.
No individual who is a single parent may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while married, owned a home with his or her spouse or resided in a home owned by the spouse.
(b) Definitions
For purposes of this section:
The term "displaced homemaker" means an individual who—
(A) is an adult;
(B) has not worked full-time, full-year in the labor force for a number of years but has, during such years, worked primarily without remuneration to care for the home and family; and
(C) is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employment.
The term "first-time homebuyer" means an individual who has never, or has not during a specified period of time, had any present ownership interest in a principal residence.
The term "single parent" means an individual who—
(A) is unmarried or legally separated from a spouse; and
(B)(i) has 1 or more minor children for whom the individual has custody or joint custody; or
(ii) is pregnant.
(c) Applicability
This section shall apply to any Federal program to assist first-time homebuyers, unless the program is exempted from this section by a statute that amends this subsection or explicitly refers to this subsection.

Source Credit

History

(Pub. L. 101–625, title IX, §956, Nov. 28, 1990, 104 Stat. 4421.)

Editorial Notes

Editorial Notes

Codification
Section was enacted as part of title IX of the Cranston-Gonzalez National Affordable Housing Act, and not as part of title I of such Act which comprises this subchapter.

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Bluebook (online)

42 U.S.C. § 12713, Counsel Stack Legal Research, https://law.counselstack.com/usc/42/12713.