42 U.S. Code § 12774 - Other requirements
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(a) Tenant participation plan
A community housing development organization that receives assistance under this part shall provide a plan for and follow a program of tenant participation in management decisions and shall adhere to a fair lease and grievance procedure approved by the participating jurisdiction.
(b) Limitation on assistance
A community housing development organization may not receive assistance under this subchapter for any fiscal year in an amount that provides more than 50 percent of the organization’s total operating budget in the fiscal year or $50,000 annually, whichever is greater.
Source(Pub. L. 101–625, title II, § 234,Nov. 28, 1990, 104 Stat. 4117; Pub. L. 102–550, title II, § 212(c),Oct. 28, 1992, 106 Stat. 3757.)
1992—Subsec. (b). Pub. L. 102–550struck out “, together with other Federal assistance,” after “in an amount that” and inserted before period “or $50,000 annually, whichever is greater”.
Effective Date of 1992 Amendment