FEDERAL · 42 U.S.C. · Chapter 69

Preservation and reinvestment for community enhancement

Current through Pub. L. 119-102
Title 42The Public Health and Welfare·Ch. 69 — COMMUNITY DEVELOPMENT
(a)Definitions In this section:
(1)Community development financial institution The term "community development financial institution" means an institution that has been certified as a community development financial institution (as defined in section 4702 of title 12) by the Secretary of the Treasury.
(2)Eligible manufactured housing community The term "eligible manufactured housing community" means a manufactured housing community that—
(A)is affordable to low- and moderate-income persons, as determined by the Secretary, but not more than 120 percent of the area median income; and
(B)(i) is owned by the residents of the manufactured housing community through a resident-controlled entity such as a resident-owned cooperative; or
(ii)will be maintained as such a community, and remain af

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42 U.S.C. § 5323 (Preservation and reinvestment for community enhancement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 4702
12 U.S.C. § 4702
§ 4103
25 U.S.C. § 4103

Source Credit

History

(Pub. L. 93–383, title I, §123, as added Pub. L. 119–101, title III, §304(a)(2), July 11, 2026, 140 Stat. 894.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Application of Grant Program
Pub. L. 119–101, title III, §304(b), July 11, 2026, 140 Stat. 897, provided that: "Grants made under section 123 of the Housing and Community Development Act of 1974 [42 U.S.C. 5323], as added by subsection (a)[(2)], after the date of enactment of this Act [July 11, 2026] shall be carried out using amounts appropriated after the date of enactment of this Act."