(1)The term “applicant” means the following entities that may represent the tenants of the housing:
(A)A resident management corporation established in accordance with the requirements of the Secretary under section
1437r of this title.
(B)A resident council.
(C)A cooperative association.
(D)A public or private nonprofit organization.
(E)A public body (including an agency or instrumentality thereof).
(F)A public housing agency (including an Indian housing authority).
(G)A mutual housing association.
(2)The term “eligible family” means a family or individual—
(A)who is a tenant of the eligible property on the date the Secretary approves an implementation grant; or
(B)whose income does not exceed 80 percent of the median income for the area, as determined by the Secretary with adjustments for smaller and larger families.
(3)The term “eligible property” means a multifamily rental property, containing 5 or more units, that is—
(A)owned or held by the Secretary;
(B)financed by a loan or mortgage held by the Secretary or insured by the Secretary;
(C)determined by the Secretary to have serious physical or financial problems under the terms of an insurance or loan program administered by the Secretary; or
(D)owned or held by the Secretary of Agriculture, the Resolution Trust Corporation, the Federal Deposit Insurance Corporation, the Secretary of Defense, the Secretary of Transportation, the General Services Administration, any other Federal agency, or a State or local government or an agency or instrumentality thereof.
(4)The term “homeownership program” means a program for homeownership under this part.
(5)The term “Indian housing authority” has the meaning given such term in section
1437a(b)(11) of this title.
(6)The term “low-income family” has the meaning given such term in section
1437a(b)(2) of this title.
(7)The term “public housing agency” has the meaning given such term in section
1437a(b)(6) of this title.
(8)The term “recipient” means an applicant approved to receive a grant under this title  or such other entity specified in the approved application that will assume the obligations of the recipient under this part.
(9)The term “resident council” means any incorporated nonprofit organization or association that—
(A)is representative of the tenants of the housing;
(B)adopts written procedures providing for the election of officers on a regular basis; and
(C)has a democratically elected governing board, elected by the tenants of the housing.
(10)The term “Secretary” means the Secretary of Housing and Urban Development.
This title, referred to in par. (8), means title IV of Pub. L. 101–625, known as the Homeownership and Opportunity Through HOPE Act, and probably should have been “this subtitle”, meaning subtitle B (§§ 421–431) of title IV of Pub. L. 101–625, which is classified principally to this part. For complete classification of title IV of Pub. L. 101–625to the Code, see Short Title note set out under section
1437aaa of this title and Tables.
Par. (3)(D). Pub. L. 102–550, § 181(e), (h), inserted “the Federal Deposit Insurance Corporation, the Secretary of Defense, the Secretary of Transportation, the General Services Administration, any other Federal agency,” after “Corporation,” and “or an agency or instrumentality thereof” before period at end.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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