StacksVerified U.S. regulatory reference

42 U.S.C. § 12871

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)The Secretary is authorized to make—
    1. (1)planning grants to enable applicants to develop homeownership programs; and
    2. (2)implementation grants to enable applicants to carry out homeownership programs.
  2. (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.