,i #aai? ,,congress #a/ ,session ,h4 ,r4 #dhef ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #a1 #bjbe,mr4 ,lawl] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committees on ,ways & ,means1 ,ov]sight & ,gov]nm5t ,re=m1 ,en]gy & ,comm]ce1 & ,vet]ans' ,affairs1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to improve ! safety (1 af=dability (1 & access to h\s+4 #a4 ,%ort title2 ,table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,revitaliz+ ,am]ica's ,h\s+ ,act4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 ,table ( cont5ts4 ,title ,i--,promot+ opportunity & increas+ supply ,sec4 #aja4 ,id5tification ( regulatory b>ri]s to af=dable h\s+ 9 ,,hud annual report4 ,sec4 #ajb4 ,qualify+ ord9>y income add$ to special rules = inve/m5ts 9 opportunity zones4 ,sec4 #ajc4 ,reliev+ /ra9 f %ortages ( trans=m]s4 ,sec4 #ajd4 ,inc5tiviz+ zon+ re=m4 ,sec4 #aje4 ,decreas+ ! equity p5alty & inc5tiviz+ m long-t]m own]s to sell homes4 ,title ,,ii--,increas+ access to h\s+ & address+ co/ ,sec4 #bja4 ,exp&+ work=ce & volunte] h\s+4 ,sec4 #bjb4 ,support+ af=dability & safety = public s]vants4 ,sec4 #bjc4 ,exp&+ programs support+ home[n]%ip = ^? s]v+ ! community4 ,sec4 #bjd4 ,improv+ volunte] fir/ respond] h\s+4 ,sec4 #bje4 ,improv+ access to h\s+ = vet]ans4 ,sec4 #bjf4 ,support+ vet]an families 9 ne$4 ,sec4 #bjg4 ,attract+ private inve/m5t to build & rehabilitate own]-occupi$ homes4 ,sec4 #bjh4 ,bett] utiliz+ & dispos+ ( unus$ milit>y & gov]nm5t l&s = h\s+4 ,sec4 #bji4 ,en]gy cons]vation /&>ds = manufactur$ h\s+4 ,sec4 #baj4 ,r5tal assi/ance demon/ration program4 ,sec4 #baa4 ,creat+ inc5tives = small doll> loan orig9ators4 ,sec4 #bab4 ,small doll> mortgage po9ts & fees4 ,sec4 #bac4 ,remov+ ,outdat$ ,regulation = ,manufactur$ ,h\s+4 ,title ,,iii--,s]v+ ! mo/ vuln]able2 heal? & safety ,sec4 #cja4 ,,gao /udy to det]m9e proximity ( h\s+ to ,sup]fund sites4 ,sec4 #cjb4 ,ensur+ public h\s+ ag5cies inspect ea* dwell+ unit ea* ye>4 ,sec4 #cjc4 ,inc5tiviz+ local solutions to homelessness4 ,sec4 #cjd4 ,improv+ mold & heal? /&>ds4 ,sec4 #cje4 ,improv+ ,protection f ,lead ,haz>ds4 ,sec4 #cjf4 ,improv+ h\s+ = ! eld]ly & disabl$4 ,title ,,iv--,good ,gov]nance ,sec4 #dja4 ,requir+ annual te/imony & ov]sight f h\s+ regulators4 ,sec4 #djb4 ,requir+ annual te/imony & ov]sight = gov]nm5t gu>ante$ or insur$ mortgage programs4 ,sec4 #djc4 ,te/imony & report f ,unit$ ,/ates ,int]ag5cy ,c\ncil on ,homelessness4 ,sec4 #djd4 ,report detail+ ,,ny*a compliance ) & ,,hud ov]sight ( #bjai agreem5t4 ,sec4 #dje4 ,,fha report+ requirem5ts on safety & s\ndness4 ,sec4 #djf4 ,combatt+ squatt+4 ,sec4 #djg4 ,reallocation ( v\*] fund+4 ,title ,v--,regulatory flexibility ,sec4 #eja4 ,au?orization ( ,mov+ to ,"w ,program4 ,sec4 #ejb4 ,rescission ( ,public & ,indian ,h\s+ ,notice #bjba-ah4 ,title ,,vi--,improv+ f9ancial lit]acy reg>d+ h\s+ ,sec4 #fja4 ,re=ms to h\s+ c\nsel+ & f9ancial lit]acy programs4 ,i ,promot+ opportunity & increas+ supply #aja4 ,id5tification ( regulatory b>ri]s to af=dable h\s+ 9 ,,hud annual report ,section #h ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t ,act 7#db ,u4,s4,c4 #cecf7 is am5d$ by add+ at ! end ! foll[+3 ,ea* su* annual report %all include an id5tification ( significant regulatory b>ri]s to af=dable h\s+1 )9 ! mean+ ( su* t]m z provid$ 9 ! fir/ s5t5ce ( section #abjc ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#db ,u4,s4,c4 #abgje;b71 & a discussion & analysis ( h[ to r$uce or remove su* b>ri]s44 #ajb4 ,qualify+ ord9>y income add$ to special rules = inve/m5ts 9 opportunity zones 7a7 ,9 ,g5]al ,section #adjj,z-#b ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 9 ! section head+1 by /rik+ capital ga9s inve/$ & ins]t+ inve/m5ts1 7#b7 9 subsection 7a7-- 7,a7 9 p>agraph 7#a7-- 7i7 9 ! head+1 by ins]t+ qualify+ ord9>y income & aft] (1 7ii7 by ins]t+ qualify+ ord9>y income & aft] case (1 7iii7 by am5d+ subp>agraph 7,a7 to read z foll[s3 7,a7 gross income = ! taxable ye> %all n include-- 7i7 s mu* ( su* ga9 z does n exce$ ! aggregate am\nt inve/$ by ! taxpay] 9 a qualifi$ opportunity fund dur+ ! #ahj-;day p]iod beg9n+ on ! date ( su* sale or ex*ange1 & 7ii7 s mu* ( su* qualify+ ord9>y income z does n exce$ ! aggregate am\nt inve/$ by ! taxpay] 9 a qualifi$ opportunity fund dur+ su* taxable ye>1 1 & 7iv7 9 subp>agraph 7,b71 by ins]t+ qualify+ ord9>y income & aft] am\nt (1 7,b7 9 p>agraph 7#b7-- 7i7 9 subp>agraph 7,a71 by /rik+ or at ! end1 7ii7 9 subp>agraph 7,b71 by /rik+ ! p]iod at ! end & ins]t+ 1 or1 & 7iii7 by add+ at ! end ! foll[+3 7,c7 ) respect to qualifi$ ord9>y income receiv$ 9 a taxable ye> beg9n+ aft] ,decemb] #ca1 #bjbf4 1 & 7,c7 by add+ at ! end ! foll[+3 7#c7 ,qualify+ ord9>y income def9$ ,9 ?is subsection1 ! t]m qualify+ ord9>y income means ord9>y income o!r ?an income attributable to capital ga9s4 1 7#c7 9 subsection 7b7-- 7,a7 9 ! subsection head+1 by ins]t+ qualify+ ord9>y income & aft] def]ral (1 7,b7 9 p>agraph 7#a71 by /rik+ ,ga9 & ins]t+ ,qualify+ ord9>y income & ga91 & 7,c7 9 p>agraph 7#b7-- 7i7 9 subp>agraph 7,a7-- 7,i7 by ins]t+ qualify+ ord9>y income & aft] am\nt (1 & 7,,ii7 9 clause 7i71 by /rik+ ( ga91 & 7ii7 9 subp>agraph 7,b7-- 7,i7 9 ! clause 7ii7 head+1 by /rik+ ga9 & ins]t+ am\nt1 & 7,,ii7 by /rik+ ! am\nt ( ga9 ea* place x appe>s & ins]t+ ! am\nt1 & 7#d7 9 subsection 7e77#a71 by ins]t+ qualify+ ord9>y income & aft] inve/m5ts (4 7b7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to am\nts inve/$ aft] ! date ( ! enactm5t ( ?is ,act4 #ajc4 ,reliev+ /ra9 f %ortages ( trans=m]s ,section #cba7ce7 ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fbia7ce77 is am5d$ by add+ at ! end ! foll[+3 7,c7 ,effici5cy level ,! ,secret>y %all n f9alize any rule "u :i* ! effici5cy level ( a liquid-imm]s$ type1 l[ voltage dry type1 or m$ium voltage dry type di/ribution trans=m] is great] ?an trial /&>d level #b 7z describ$ 9 table ,v4#a 9 ! propos$ rule entitl$ ,en]gy ,cons]vation ,program3 ,en]gy ,cons]vation ,/&>ds = ,di/ribution ,trans=m]s 7#hh ,f$4 ,reg4 #agbb 7,janu>y #aa1 #bjbc7774 7,d7 ,effective date = c]ta9 rules ,any rule f9aliz$ by ! ,secret>y "u :i* ! effici5cy level ( a liquid-imm]s$ type1 l[ voltage dry type1 or m$ium voltage dry-type di/ribution trans=m] is trial /&>d level #a or #b 7z describ$ 9 table ,v4#a 9 ! propos$ rule entitl$ #8,en]gy ,cons]vation ,program3 ,en]gy ,cons]vation ,/&>ds = ,di/ribution ,trans=m]s' 7#hh ,f$4 ,reg4 #agbb 7,janu>y #aa1 #bjbc777 %all n take effect until #aj ye>s aft] ! date on :i* ! rule is f9aliz$4 4 #ajd4 ,inc5tiviz+ zon+ re=m 7a7 ,purpose ,! purpose ( ?is section is to disc\rage ! use ( discrim9atory l& use policies & remove b>ri]s to mak+ h\s+ m af=dable 9 ord] to fur!r ! orig9al int5t ( ! ,community ,developm5t ,block ,grant program4 7b7 ,l& use plan 7#a7 ,9 g5]al ,section #ajd ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjd7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,plan ,to track discrim9atory l& use policies 7#a7 ,9 g5]al ,prior to receipt 9 any fiscal ye> ( a grant f ! ,secret>y "u subsection 7b71 7d77#a71 or 7d77#b77;,b7 ( section #ajf1 ea* recipi5t %all h prep>$ & submitt$1 n less frequ5tly ?an once dur+ ! prec$+ #e-ye> p]iod1 9 accordance ) ?is subsection & 9 su* /&>diz$ =m z ! ,secret>y %all1 by regulation1 prescribe1 ) respect to ea* l& use policy describ$ 9 p>agraph 7#b7 t is applicable to ! jurisdiction s]v$ by ! recipi5t1 a description (-- 7,a7 :e!r ! recipi5t has already adopt$ ! policy 9 ! jurisdiction s]v$ by ! recipi5t2 7,b7 ! plan ( ! recipi5t to implem5t ! policy 9 t jurisdiction2 or 7,c7 ! ways 9 :i* adopt+ ! policy w b5efit ! jurisdiction4 7#b7 ,l& use policies ,! policies describ$ 9 ?is p>agraph are z foll[s3 7,a7 ,enact+ high-d5sity s+le-family & multifamily zon+4 7,b7 ,exp&+ by-"r multifamily zon$ areas4 7,c7 ,all[+ duplexes1 triplexes1 or f\rplexes 9 areas zon$ prim>ily = s+le-family resid5tial homes4 7,d7 ,all[+ manufactur$ homes 9 areas zon$ prim>ily = s+le-family resid5tial homes4 7,e7 ,all[+ multifamily developm5t 9 retail1 (fice1 & light manufactur+ zones4 7,f7 ,all[+ s+le-room occupancy developm5t :]ev] multifamily h\s+ is all[$4 7,g7 ,r$uc+ m9imum lot size4 7,h7 ,ensur+ hi/oric pres]vation requirem5ts & o!r l& use policies or requirem5ts are coord9at$ to enc\rage creation ( h\s+ 9 hi/oric build+s & hi/oric di/ricts4 7,i7 ,increas+ ! all[able floor area ratio 9 multifamily h\s+ areas4 7,j7 ,creat+ transit-ori5t$ developm5t zones4 7,k7 ,/reaml9+ or %ort5+ p]mitt+ processes & timel9es1 includ+ ?r\gh "o-/op & p>allel-process p]mitt+4 7,l7 ,elim9at+ or r$uc+ (f-/reet p>k+ requirem5ts4 7,m7 ,ensur+ impact & utility inve/m5t fees accurately reflect requir$ infra/ructure ne$s & relat$ impacts on h\s+ af=dability are o!rwise mitigat$4 7,n7 ,all[+ prefabricat$ con/ruction4 7,o7 ,r$uc+ or elim9at+ m9imum unit squ>e footage requirem5ts4 7,p7 ,all[+ ! conv]sion ( (fice units to ap>tm5ts4 7,q7 ,all[+ ! subdivision ( s+le-family homes into duplexes4 7,r7 ,all[+ accessory dwell+ units1 includ+ deta*$ accessory dwell+ units1 on all lots ) s+le-family homes4 7,s7 ,e/abli%+ d5sity bonuses4 7,t7 ,elim9at+ or relax+ resid5tial prop]ty height limitations4 7,u7 ,us+ prop]ty tax abatem5ts to enable high] d5sity & mix$-income communities4 7,v7 ,donat+ vacant l& = af=dable h\s+ developm5t4 7#c7 ,effect ( submission ,a submission "u ?is subsection %all n be b9d+ ) respect to ! use or di/ribution ( am\nts receiv$ "u section #ajf4 7#d7 ,acceptance or nonacceptance ( plan ,! acceptance or nonacceptance ( any plan submitt$ "u ?is subsection 9 :i* ! in=mation requir$ "u ?is subsection is provid$ is n an endorsem5t or approval ( ! plan1 policies1 or me?odologies1 or lack !re(4 4 7#b7 ,effective date ,! requirem5ts "u subsection 7n7 ( section #ajd ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjd71 z add$ by p>agraph 7#a71 %all-- 7,a7 take effect on ! date t is #a ye> aft] ! date ( enactm5t ( ?is ,act2 & 7,b7 apply to recipi5ts ( a grant "u subsection 7b71 7d77#a71 or 7d77#b77;,b7 ( section #ajf ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjf7 be=e1 on1 & aft] su* date4 #aje4 ,decreas+ ! equity p5alty & inc5tiviz+ m long-t]m own]s to sell homes 7a7 ,increase ( exclusion ( ga9 f sale ( pr9cipal resid5ce ,section #aba7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ #bej1jjj & ins]t+ #ejj1jjj ea* place x appe>s1 7#b7 by /rik+ #ejj1jjj & ins]t+ #a1jjj1jjj ea* place x appe>s1 7#c7 9 p>agraph 7#b77;,a71 9 ! head+1 by /rik+ #ejj1jjj & ins]t+ #a1jjj1jjj1 & 7#d7 by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,adju/m5t = inflation ,9 ! case ( a taxable ye> beg9n+ aft] #bjbd1 ! #ejj1jjj & #a1jjj1jjj am\nts 9 p>agraphs 7#a71 7#b71 & 7#d7 %all be increas$ by an am\nt equal to-- 7,a7 su* doll> am\nt1 multipli$ by 7,b7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye> 9 :i* ! taxable ye> beg9s1 det]m9$ by sub/itut+ #bjbc = #bjaf 9 subp>agraph 7,a77ii7 !re(4 ,if any increase "u ?is clause is n a multiple ( #ajj1 su* increase %all be r\nd$ to ! next l[e/ multiple ( #ajj4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to sales & ex*anges aft] ! date ( ! enactm5t ( ?is ,act4 ,,ii ,increas+ access to h\s+ & address+ co/ #bja4 ,exp&+ work=ce & volunte] h\s+ 7a7 ,congressional f9d+s ,! ,congress f9ds t-- 7#a7 ! lack ( af=dable h\s+ 9 ! ,unit$ ,/ates is an issue impact+ millions ( middle-class1 work+ ,am]ican families2 7#b7 _m ( ^! families e>n m annually ?an ! income limits = c]ta9 ,f$]al h\s+ f9anc+ & b5efits2 & 7#c7 ^! families are (t5 exclud$ f liv+ 9 neighborhoods ne> _! places ( "w1 s*ools1 %opp+1 & heal?c>e due to a lack ( af=dability4 7b7 ,report to ,congress ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! ,congress a report t-- 7#a7 id5tifies issues ) h\s+ af=dability = ,am]ica's middle-income home[n]s & r5t]s1 includ+ id5tify+ geographically :]e h\s+ is ! mo/ unaf=dable = ^! populations2 7#b7 id5tifies ,f$]al h\s+ programs1 includ+ ,f$]al tax cr$its1 grants1 cr$it programs1 & o!r programs t curr5tly b5efit l[]-income h\seholds1 :i* are n available to middle-income h\seholds2 7#c7 id5tifies any gaps 9 ! inclusion ( middle-income h\seholds 9 ,f$]al h\s+ programs design$ to promote af=dability2 7#d7 sets =? recomm5dations = a def9ition ( work=ce h\s+ bas$ on income p>amet]s 9 ord] to assi/ ,f$]al ag5cies 9 includ+ middle-income h\seholds "u exi/+ ,f$]al programs2 & 7#e7 analyzes h[ su* a def9ition c\ld relate to inc5tives = work=ce h\s+ developm5t ?r\gh ,f$]al programs1 policies1 & o!r initiatives4 #bjb4 ,support+ af=dability & safety = public s]vants ,section #c7;a7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;a7a77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ ,except z provid$ 9 p>agraph 7#b7 & ins]t+ ,except z provid$ 9 p>agraphs 7#b7 & 7#d72 & 7#b7 9 p>agraph 7#d7-- 7,a7 9 ! head+1 by /rik+ ,occupancy by police (fic]s & ins]t+1 ,occupancy by police (fic]s1 firefight]s1 & em]g5cy m$ical te*nicians2 7,b7 by r$esignat+ subp>agraph 7,c7 z subp>agraph 7,d72 7,c7 by ins]t+ aft] subp>agraph 7,b7 ! foll[+3 7,c7 ,r5tal paym5ts ,not)/&+ p>agraph 7#a71 a family ( :i* "o or m memb]s are a police (fic]1 firefight]1 or em]g5cy m$ical te*nician %all pay z r5t = a dwell+ unit assi/$ "u ?is ,act ! highe/ ( ! foll[+ am\nts1 r\nd$ to ! ne>e/ doll>3 7i7 #ae p] c5tum ( ! family's mon?ly adju/$ income2 or 7ii7 #e p] c5tum ( ! family's mon?ly income 2 & 7,d7 by am5d+ subp>agraph 7,d71 z s r$esignat$1 to read z foll[s3 7,d7 ,def9itions ,9 ?is p>agraph3 7i7 ,police (fic] ,! t]m police (fic] means any p]son det]m9$ by a public h\s+ ag5cy to be1 dur+ ! p]iod ( resid5ce ( t p]son 9 public h\s+1 employ$ on a full-"t basis z a duly lic5s$ pr(essional police (fic] by a ,f$]al1 ,/ate1 or local gov]nm5t or by any ag5cy !re( 7includ+ a public h\s+ ag5cy hav+ an accr$it$ police =ce74 7ii7 ,firefight] ,! t]m firefight] means any p]son det]m9$ by a public h\s+ ag5cy to be1 dur+ ! p]iod ( resid5ce ( t p]son 9 public h\s+1 employ$ on a full-"t basis z a firefight] by a fire dep>tm5t or em]g5cy m$ical s]vices respond] unit ( ! ,f$]al ,gov]nm5t1 a ,/ate1 unit ( g5]al local gov]nm5t1 or an ,indian tribal gov]nm5t4 7iii7 ,em]g5cy m$ical te*nician ,! t]m em]g5cy m$ical te*nician means any p]son det]m9$ by a public h\s+ ag5cy to be1 dur+ ! p]iod ( resid5ce ( t p]son 9 public h\s+1 employ$ on a full-"t basis z an em]g5cy m$ical te*nician by a fire dep>tm5t or em]g5cy m$ical s]vices respond] unit ( ! ,f$]al ,gov]nm5t1 a ,/ate1 unit ( g5]al local gov]nm5t1 or an ,indian tribal gov]nm5t4 4 #bjc4 ,exp&+ programs support+ home[n]%ip = ^? s]v+ ! community 7a7 ,eligibility = ,good ,neighbors ,next ,door ,sales ,program ,memb]s ( ! ,arm$ ,=ces1 firefight]s1 & law en=cem5t (fic]s %all be eligible to pur*ase eligible prop]ties "u ! ,good ,neighbor ,next ,door ,sales ,program ( ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 z provid$ "u subsection 7b74 7b7 ,eligible prop]ties ,not)/&+ section #bjd ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaj71 "p #bia ( ! regulations ( ! ,secret>y ( ,h\s+ & ,urban ,developm5t 7#bd ,c4,f4,r4 "p #bia71 or any o!r provision ( law1 regulation1 guidel9e1 ord]1 or notice1 9 c>ry+ out ! ,good ,neighbor ,next ,door ,sales ,program = s+le-unit prop]ties acquir$ by ! ,secret>y1 prop]ties %all be made available = pur*ase "u ! ,program by memb]s ( ! ,arm$ ,=ces1 by firefight]s1 & by law en=cem5t (fic]s )\t reg>d to :e!r or n !y are locat$ 9 a revitalization area4 7c7 ,regulations ,! ,secret>y ( ,h\s+ & ,urban ,developm5t %all am5d ! regulations ( ! ,secret>y z necess>y to c>ry out subsections 7a7 & 7b74 #bjd4 ,improv+ volunte] fir/ respond] h\s+ 7a7 ,def9itions ,9 ?is section3 7#a7 ,bona fide volunte]2 eligible employ]2 qualifi$ s]vices ,! t]ms bona fide volunte]1 eligible employ]1 & qualifi$ s]vices h ! mean+s giv5 ^? t]ms 9 section #deg7;e7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#b7 ,indian ,tribe ,! t]m ,indian ,tribe has ! mean+ giv5 ! t]m ,indian tribe 9 section #eja7;b7 ( ! ,h\s+ ,act ( #aidi 7#db ,u4,s4,c4 #adga7;b774 7#c7 ,qualifi$ volunte] fir/ respond] ,! t]m qualifi$ volunte] fir/ respond] means any individual :o-- 7,a7 is a bona fide volunte] p]=m+ qualifi$ s]vices = an eligible employ]2 7,b7 cont9u\sly s]v$ z a volunte] = ! eligible employ] dur+ ! #b-ye> p]iod prec$+ ! date on :i* ! individual submits a v]ification lett] "u section #c7;b7 or #d7;b72 7,c7 dur+ ea* ( ! #b ye>s describ$ 9 subp>agraph 7,b7-- 7i7 met ! m9imum requirem5ts = active memb]%ip e/abli%$ by ! eligible employ]2 or 7ii7 if ! eligible employ] did n e/abli% m9imum requirem5ts1 volunte]$ = n less ?an #bjj h\rs2 & 7,d7 is c]tifi$ z a firefight] or o!r fir/ respond] 9 ! ,/ate1 political subdivision ( a ,/ate1 or jurisdiction ( an ,indian ,tribe 9 :i* ! individual is s]v+ z volunte]4 7b7 ,dep>tm5t ( ,agriculture ,s+le ,family ,h\s+ ,gu>ante$ ,loan ,program 7#a7 ,9 g5]al ,a qualifi$ volunte] fir/ respond] :o submits to ! ,secret>y ( ,agriculture 7ref]r$ to 9 ?is subsection z ! ,secret>y7 a v]ification lett] 9 accordance ) p>agraph 7#b7 %all be eligible = a d$uction 9 annual income "u section #ceee4aeb7;c7 ( title #g1 ,code ( ,f$]al ,regulations 7or any successor regulation71 9 ! am\nt ( #ah1jjj4 7#b7 ,v]ification lett] ,to be eligible = a d$uction "u p>agraph 7#a71 a qualifi$ volunte] fir/ respond] %all submit to ! ,secret>y a v]ification lett] f ! head ( ! eligible employ] = :i* ! qualifi$ volunte] fir/ respond] volunte]s1 :i* %all-- 7,a7 include ! date on :i* ! qualifi$ volunte] fir/ respond] jo9$ ! eligible employ] z a volunte]2 7,b7 atte/ to ! ,secret>y t ! qualifi$ volunte] fir/ respond] meets ! requirem5ts "u subp>agraphs 7,b7 & 7,c7 ( subsection 7a77#c72 & 7,c7 include a copy ( ! c]tification describ$ 9 subsection 7a77#c77;,d74 7c7 ,good ,neighbor ,next ,door ,sales ,program & simil> programs 7#a7 ,eligibility ,a qualifi$ volunte] fir/ respond] :o submits to ! ,secret>y ( ,h\s+ & ,urban ,developm5t 7ref]r$ to 9 ?is section z ! ,secret>y7 a v]ification lett] 9 accordance ) p>agraph 7#b7 %all qualify z a firefight] or em]g5cy m$ical te*nician = purposes ( any s+le family prop]ty disposition program c>ri$ out by ! ,secret>y by regulation "u section #bjd7;g7 ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaj7;g77 t (f]s disc\nt$ home prices to firefight]s or em]g5cy m$ical te*nicians4 7#b7 ,v]ification lett] ,to qualify to pur*ase a home "u a s+le family prop]ty disposition program ref]r$ to 9 p>agraph 7#a71 a qualifi$ fir/ respond] %all submit to ! ,secret>y a v]ification lett] f ! head ( ! eligible employ] = :i* ! qualifi$ volunte] fir/ respond] volunte]s1 :i* %all-- 7,a7 include ! date on :i* ! qualifi$ volunte] fir/ respond] jo9$ ! eligible employ] z a volunte]2 7,b7 atte/ to ! ,secret>y t ! qualifi$ volunte] fir/ respond] meets ! requirem5ts "u subp>agraphs 7,b7 & 7,c7 ( subsection 7a77#c72 7,c7 include a copy ( ! c]tification describ$ 9 subsection 7a77#c77;,d72 & 7,d7 include a c]tification f ! qualifi$ volunte] fir/ respond] ( ! respond]'s good fai? int5tion to cont9ue s]v+ z a volunte] = ! eligible employ] = n less ?an #a ye> foll[+ ! date ( clos+4 #bje4 ,improv+ access to h\s+ = vet]ans 7a7 ,s]vice connect$ disability comp5sation ,section #ajb7;a77#bj7 ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjb7;a77#bj77 is am5d$ by add+ at ! end ! foll[+3 7,c7 ,s]vice-connect$ disability comp5sation ,:5 det]m9+ :e!r a p]son is ( a p]son ( l[ & mod]ate income1 a p]son ( l[ income1 or a p]son ( mod]ate income "u ?is p>agraph1 a ,/ate1 unit ( g5]al local gov]nm5t1 or ,indian tribe %all exclude any s]vice-connect$ disability comp5sation receiv$ by su* p]son f ! ,dep>tm5t ( ,vet]ans ,affairs4 4 7b7 ,report ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all1 n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 submit to ! ,congress a report t-- 7#a7 exam9es h[ s]vice-connect$ disability comp5sation is treat$ = ! purposes ( det]m9+ eligibility = all programs adm9i/]$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t & id5tifies any cases :]e s]vice-connect$ disability comp5sation is treat$ inconsi/5tly across a program2 & 7#b7 ) respect to ea* program adm9i/]$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 provides legislative recomm5dations relat+ to h[ su* program c\ld bett] s]ve vet]an populations1 & "u-s]v$ communities4 #bjf4 ,support+ vet]an families 9 ne$ ,section #bjdd7;e7 ( title #ch1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ subp>agraphs 7,a7 ?r\gh 7,h7 z p>agraphs 7#a7 ?r\gh 7#h71 respectively2 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,! am\nts t are appropriat$ to c>ry out su* subsections = fiscal ye> #bjbf & ea* fiscal ye> !reaft]4 4 #bjg4 ,attract+ private inve/m5t to build & rehabilitate own]-occupi$ homes 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] section #db ! foll[+ new section3 #db;,a4 ,neighborhood homes cr$it 7a7 ,all[ance ( cr$it ,= purposes ( section #ch1 ! neighborhood homes cr$it det]m9$ "u ?is section = ! taxable ye> is1 ) respect to ea* qualifi$ resid5ce sold by ! taxpay] dur+ su* taxable ye> 9 an af=dable sale1 ! less] (-- 7#a7 an am\nt equal to-- 7,a7 ! excess 7if any7 (-- 7i7 ! reasonable developm5t co/s paid or incurr$ by ! taxpay] ) respect to su* qualifi$ resid5ce1 ov] 7ii7 ! sale price ( su* qualifi$ resid5ce 7r$uc$ by any reasonable exp5ses paid or incurr$ by ! taxpay] 9 connection ) su* sale71 or 7,b7 if ! neighborhood homes cr$it ag5cy det]m9es x is necess>y to ensure f9ancial feasibility1 an am\nt n to exce$ #abj p]c5t ( ! am\nt "u subp>agraph 7,a71 7#b7 #ce p]c5t ( ! eligible developm5t co/s paid or incurr$ by ! taxpay] ) respect to su* qualifi$ resid5ce1 or 7#c7 #bh p]c5t ( ! national m$ian sale price = new homes 7z det]m9$ pursuant to ! mo/ rec5t c5sus data available z ( ! date on :i* ! neighborhood homes cr$it ag5cy makes an allocation = ! qualifi$ project74 7b7 ,developm5t co/s ,= purposes ( ?is section-- 7#a7 ,reasonable developm5t co/s 7,a7 ,9 g5]al ,! t]m reasonable developm5t co/s means am\nts paid or incurr$ = ! acquisition ( build+s & l&1 con/ruction1 sub/antial rehabilitation1 demolition ( /ructures1 or environm5tal rem$iation1 to ! ext5t t ! neighborhood homes cr$it ag5cy det]m9es t su* am\nts meet ! /&>ds specifi$ pursuant to subsection 7f77#a77;,c7 7z ( ! date on :i* con/ruction or sub/antial rehabilitation is sub/antially complete1 z det]m9$ by su* ag5cy7 & are necess>y to ensure ! f9ancial feasibility ( su* qualifi$ resid5ce4 7,b7 ,consid]ations 9 mak+ det]m9ation ,9 mak+ ! det]m9ation "u subp>agraph 7,a71 ! neighborhood homes cr$it ag5cy %all consid]-- 7i7 ! s\rces & uses ( funds & ! total f9anc+1 7ii7 any proce$s or receipts g5]at$ or expect$ to be g5]at$ by reason ( tax b5efits1 & 7iii7 ! reasonabl5ess ( ! developm5tal co/s & fees4 7#b7 ,eligible developm5t co/s ,! t]m eligible developm5t co/s means ! am\nt :i* w\ld be reasonable developm5t co/s if ! am\nts tak5 into acc\nt z paid or incurr$ = ! acquisition ( build+s & l& did n exce$ #ge p]c5t ( su* co/s det]m9$ )\t reg>d to any am\nt paid or incurr$ = ! acquisition ( build+s & l&4 7#c7 ,sub/antial rehabilitation ,! t]m sub/antial rehabilitation means am\nts paid or incurr$ = rehabilitation ( a qualifi$ resid5ce if su* am\nts exce$ ! great] (-- 7,a7 #bj1jjj1 or 7,b7 #bj p]c5t ( ! am\nts paid or incurr$ by ! taxpay] = ! acquisition ( build+s & l& ) respect to su* qualifi$ resid5ce4 7#d7 ,con/ruction & rehabilitation only aft] allocation tak5 into acc\nt 7,a7 ,9 g5]al ,! t]ms reasonable developm5t co/s & eligible developm5t co/s %all n include any am\nt paid or incurr$ be=e ! date on :i* an allocation is made to ! taxpay] "u subsection 7e7 ) respect to ! qualifi$ project ( :i* ! qualifi$ resid5ce is "p unless su* am\nt is paid or incurr$ = ! acquisition ( build+s or l&4 7,b7 ,l& & build+ acquisition co/s ,am\nts paid or incurr$ = ! acquisition ( build+s or l& %all be includ$ "u p>agraph 7,a7 only if paid or incurr$ n m ?an #c ye>s be=e ! date on :i* ! allocation ref]r$ to 9 subp>agraph 7,a7 is made4 ,if ! taxpay] acquir$ any build+ or l& f an entity 7or any relat$ p>ty to su* entity7 t holds an own]%ip int]e/ 9 ! taxpay]1 !n su* entity mu/ also h acquir$ su* prop]ty )9 su* #c-ye> p]iod1 & ! acquisition co/ includ$ "u subp>agraph 7,a7 ) respect to ! taxpay] %all n exce$ ! am\nt su* entity paid or incurr$ to acquire su* prop]ty4 7c7 ,qualifi$ resid5ce ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m qualifi$ resid5ce means a resid5ce t-- 7,a7 is real prop]ty affix$ on a p]man5t f\ndation1 7,b7 is-- 7i7 a h\se :i* is compris$ ( #d or few] resid5tial units1 7ii7 a condom9ium unit1 or 7iii7 a h\se or an ap>tm5t own$ by a coop]ative h\s+ corporation 7z def9$ 9 section #baf7;b771 7,c7 is "p ( a qualifi$ project ) respect to :i* ! neighborhood homes cr$it ag5cy has made an allocation "u subsection 7e71 & 7,d7 is locat$ 9 a qualifi$ c5sus tract 7det]m9$ z ( ! date ( su* allocation74 7#b7 ,qualifi$ c5sus tract 7,a7 ,9 g5]al ,! t]m qualifi$ c5sus tract means a c5sus tract-- 7i7 :i*-- 7,i7 has a m$ian family income :i* does n exce$ #hj p]c5t ( ! m$ian family income = ! applicable area1 7,,ii7 has a pov]ty rate t is n less ?an #acj p]c5t ( ! pov]ty rate ( ! applicable area1 & 7,,iii7 has a m$ian value = own]-occupi$ homes t does n exce$ ! m$ian value = own]-occupi$ homes 9 ! applicable area1 7ii7 :i*-- 7,i7 is locat$ 9 a city :i* has a population ( n less ?an #ej1jjj & su* city has a pov]ty rate t is n less ?an #aej p]c5t ( ! pov]ty rate ( ! applicable area1 7,,ii7 has a m$ian family income :i* does n exce$ ! m$ian family income = ! applicable area1 & 7,,iii7 has a m$ian value = own]-occupi$ homes t does n exce$ #hj p]c5t ( ! m$ian value = own]-occupi$ homes 9 ! applicable area1 7iii7 :i*-- 7,i7 is locat$ 9 a nonmetropolitan c\nty1 7,,ii7 has a m$ian family income :i* does n exce$ ! m$ian family income = ! applicable area1 & 7,,iii7 has be5 designat$ by a neighborhood homes cr$it ag5cy "u ?is clause1 or 7iv7 :i* is n o!rwise a qualifi$ c5sus tract & is locat$ 9 a disa/] area 7z def9$ 9 section #gejh;,a7d77#c771 b only ) respect to cr$its allocat$ 9 any p]iod dur+ :i* ! ,presid5t ( ! ,unit$ ,/ates has det]m9$ t su* area w>rants individual or individual & public assi/ance by ! ,f$]al ,gov]nm5t "u ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act4 7,b7 ,applicable area ,! t]m applicable area means-- 7i7 9 ! case ( a metropolitan c5sus tract1 ! metropolitan area 9 :i* su* c5sus tract is locat$1 & 7ii7 9 ! case ( a c5sus tract o!r ?an a c5sus tract describ$ 9 clause 7i71 ! ,/ate4 7d7 ,af=dable sale ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m af=dable sale means a sale to a qualifi$ home[n] ( a qualifi$ resid5ce t ! neighborhood homes cr$it ag5cy c]tifies z meet+ ! /&>ds promulgat$ "u subsection 7f77#a77;,d7 = a price t does n exce$-- 7,a7 9 ! case ( any qualifi$ resid5ce n describ$ 9 subp>agraph 7,b71 7,c71 or 7,d71 ! am\nt equal to ! product ( #d multipli$ by ! m$ian family income = ! applicable area 7z det]m9$ pursuant to ! mo/ rec5t c5sus data available z ( ! date ( ! contract = su* sale71 7,b7 9 ! case ( a h\se compris$ ( #b resid5tial units1 #abe p]c5t ( ! am\nt describ$ 9 subp>agraph 7,a71 7,c7 9 ! case ( a h\se compris$ ( #c resid5tial units1 #aej p]c5t ( ! am\nt describ$ 9 subp>agraph 7,a71 or 7,d7 9 ! case ( a h\se compris$ ( #d resid5tial units1 #age p]c5t ( ! am\nt describ$ 9 subp>agraph 7,a74 7#b7 ,qualifi$ home[n] ,! t]m qualifi$ home[n] means1 ) respect to a qualifi$ resid5ce1 an individual-- 7,a7 :o owns & uses su* qualifi$ resid5ce z ! pr9cipal resid5ce ( su* individual1 & 7,b7 ^: family income 7det]m9$ z ( ! date t a b9d+ contract = ! af=dable sale ( su* resid5ce is ent]$ into7 is #adj p]c5t or less ( ! m$ian family income = ! applicable area 9 :i* ! qualifi$ resid5ce is locat$4 7e7 ,cr$it ceil+ & allocations 7#a7 ,cr$it limit$ bas$ on allocations to qualifi$ projects 7,a7 ,9 g5]al ,! cr$it all[$ "u subsection 7a7 to any taxpay] = any taxable ye> ) respect to "o or m qualifi$ resid5ces :i* are "p ( ! same qualifi$ project %all n exce$ ! excess 7if any7 (-- 7i7 ! am\nt allocat$ by ! neighborhood homes cr$it ag5cy "u ?is p>agraph to su* taxpay] ) respect to su* qualifi$ project1 ov] 7ii7 ! aggregate am\nt ( cr$it all[$ "u subsection 7a7 to su* taxpay] ) respect to qualifi$ resid5ces :i* are a "p ( su* qualifi$ project = all prior taxable ye>s4 7,b7 ,deadl9e = completion ,no cr$it %all be all[$ "u subsection 7a7 ) respect to any qualifi$ resid5ce unless ! af=dable sale ( su* resid5ce is dur+ ! #e-ye> p]iod beg9n+ on ! date ( ! allocation to ! qualifi$ project ( :i* su* resid5ce is a "p 7or1 9 ! case ( a qualifi$ resid5ce to :i* subsection 7i7 applies1 ! rehabilitation ( su* resid5ce is complet$ dur+ su* #e-ye> p]iod74 7#b7 ,limitations on allocations to qualifi$ projects 7,a7 ,allocations limit$ by ,/ate neighborhood homes cr$it ceil+ ,! aggregate am\nt allocat$ to taxpay]s ) respect to qualifi$ projects by ! neighborhood homes cr$it ag5cy ( any ,/ate = any cal5d> ye> %all n exce$ ! ,/ate neighborhood homes cr$it am\nt ( su* ,/ate = su* cal5d> ye>4 7,b7 ,set-aside = c]ta9 projects involv+ qualifi$ nonpr(it organizations ,rules simil> to ! rules ( section #db7;h77#e7 %all apply = purposes ( ?is section4 7#c7 ,det]m9ation ( ,/ate neighborhood homes cr$it ceil+ 7,a7 ,9 g5]al ,! ,/ate neighborhood homes cr$it am\nt = a ,/ate = a cal5d> ye> is an am\nt equal to ! sum (-- 7i7 ! great] (-- 7,i7 ! product ( #g1 multipli$ by ! ,/ate population 7det]m9$ 9 accordance ) section #adf7;j771 or 7,,ii7 #i1jjj1jjj1 & 7ii7 any am\nt previ\sly allocat$ to any taxpay] ) respect to any qualifi$ project by ! neighborhood homes cr$it ag5cy ( su* ,/ate :i* c no long] be allocat$ to any qualifi$ resid5ce because ! #e-ye> p]iod describ$ 9 p>agraph 7#a77;,b7 expires dur+ cal5d> ye>4 7,b7 #c-ye> c>ry=w>d ( unus$ limitation ,! ,/ate neighborhood homes cr$it am\nt = a ,/ate = a cal5d> ye> %all be increas$ by ! excess 7if any7 ( ! ,/ate neighborhood homes cr$it am\nt = su* ,/ate = ! prec$+ cal5d> ye> ov] ! aggregate am\nt allocat$ by ! neighborhood homes cr$it ag5cy ( su* ,/ate dur+ su* prec$+ cal5d> ye>4 ,any am\nt c>ri$ =w>d "u ! prec$+ s5t5ce %all n be c>ri$ pa/ ! ?ird cal5d> ye> aft] ! cal5d> ye> 9 :i* su* cr$it am\nt orig9ally arose1 det]m9$ on a fir/-91 fir/-out basis4 7f7 ,responsibilities ( neighborhood homes cr$it ag5cies 7#a7 ,9 g5]al ,not)/&+ subsection 7e71 ! ,/ate neighborhood homes cr$it doll> am\nt %all be z]o = a cal5d> ye> unless ! neighborhood homes cr$it ag5cy ( ! ,/ate-- 7,a7 allocates su* am\nt pursuant to a qualifi$ allocation plan ( ! neighborhood homes cr$it ag5cy1 7,b7 allocates n m ?an #bj p]c5t ( am\nts allocat$ 9 ! previ\s ye> 7or = allocations made 9 #bjbe1 n m ?an #bj p]c5t ( ! neighborhood homes cr$it ceil+ = su* ye>7 to projects ) respect to qualifi$ resid5ces :i*-- 7i7 are locat$ 9 c5sus tracts describ$ 9 subsection 7c77#b77;,a77iii71 7c77#b77;,a77iv71 7i77#e71 or 7ii7 are n locat$ 9 a qualifi$ c5sus tract b meet ! requirem5ts ( subsection 7i77#h71 7,c7 promulgates /&>ds ) respect to reasonable qualifi$ developm5t co/s & fees1 7,d7 promulgates /&>ds ) respect to con/ruction quality1 7,e7 9 ! case ( any neighborhood homes cr$it ag5cy :i* makes an allocation to a qualifi$ project :i* includes any qualifi$ resid5ce to :i* subsection 7i7 applies1 promulgates /&>ds ) respect to protect+ ! own]s ( su* resid5ces1 includ+ ! capacity ( su* own]s to pay rehabilitation co/s n cov]$ by ! cr$it provid$ by ?is section & provid+ = ! disclosure to su* own]s ( _! rights & responsibilities ) respect to ! rehabilitation ( su* resid5ces1 7,f7 submits to ! ,secret>y 7at su* "t & 9 su* mann] z ! ,secret>y may prescribe7 an annual report specify+-- 7i7 ! am\nt ( ! neighborhood homes cr$its allocat$ to ea* qualifi$ project = ! previ\s ye>1 7ii7 ) respect to ea* qualifi$ resid5ce complet$ 9 ! prec$+ cal5d> ye>-- 7,i7 ! c5sus tract 9 :i* su* qualifi$ resid5ce is locat$1 7,,ii7 ) respect to ! qualifi$ project t includes su* qualifi$ resid5ce1 ! ye> 9 :i* su* project receiv$ an allocation "u ?is section1 7,,iii7 :e!r su* qualifi$ resid5ce 0 new1 sub/antially rehabilitat$ & sold to a qualifi$ home[n]1 or sub/antially rehabilitat$ pursuant to subsection 7i71 7,,iv7 ! eligible developm5t co/s ( su* qualifi$ resid5ce1 7,v7 ! am\nt ( ! neighborhood homes cr$it ) respect to su* qualifi$ resid5ce1 7,,vi7 ! sales price ( su* qualifi$ resid5ce1 if applicable1 & 7,,vii7 ! family income ( ! qualifi$ home[n] 7express$ z a p]c5tage ( ! applicable area m$ian family income = ! location ( ! qualifi$ resid5ce71 & 7iii7 su* o!r in=mation z ! ,secret>y may require1 & 7,g7 makes available to ! g5]al public a writt5 explanation = any allocation ( a neighborhood homes cr$it doll> am\nt :i* is n made 9 accordance ) e/abli%$ priorities & selection crit]ia ( ! neighborhood homes cr$it ag5cy4 ,subp>agraph 7,b7 %all be appli$ by sub/itut+ #dj p]c5t = #bj p]c5t ea* place x appe>s 9 ! case ( any ,/ate 9 :i* at lea/ #de p]c5t ( ! ,/ate population resides outside metropolitan /ati/ical areas 7)9 ! mean+ ( section #adc7k77#b77;,b77 & less ?an #bj p]c5t ( ! c5sus tracts locat$ 9 ! ,/ate are describ$ 9 subsection 7c77#b77;,a77i74 7#b7 ,qualifi$ allocation plan ,= purposes ( ?is subsection1 ! t]m qualifi$ allocation plan means any plan :i*-- 7,a7 sets =? ! selection crit]ia to be us$ to prioritize qualifi$ projects = allocations ( ,/ate neighborhood homes cr$it doll> am\nts1 includ+-- 7i7 ! ne$ = new or sub/antially rehabilitat$ own]-occupi$ homes 9 ! area address$ by ! project1 7ii7 ! expect$ contribution ( ! project to neighborhood /ability & revitalization1 includ+ ! impact on neighborhood resid5ts1 7iii7 ! capability & prior p]=mance ( ! project sponsor1 & 7iv7 ! likelihood ! project w result 9 long-t]m home[n]%ip1 7,b7 has be5 made available = public comm5t1 & 7,c7 provides a proc$ure t ! neighborhood homes cr$it ag5cy 7or any ag5t or contractor ( su* ag5cy7 %all foll[ = purposes (-- 7i7 id5tify+ noncompliance ) any provisions ( ?is section1 & 7ii7 notify+ ! ,int]nal ,rev5ue ,s]vice ( any su* noncompliance ( :i* ! ag5cy becomes aw>e4 7g7 ,repaym5t 7#a7 ,9 g5]al 7,a7 ,sold dur+ #e-ye> p]iod ,if a qualifi$ resid5ce is sold dur+ ! #e-ye> p]iod beg9n+ imm$iately aft] ! af=dable sale ( su* qualifi$ resid5ce ref]r$ to 9 subsection 7a71 ! sell] %all transf] an am\nt equal to ! repaym5t am\nt to ! relevant neighborhood homes cr$it ag5cy4 7,b7 ,use ( repaym5ts ,a neighborhood homes cr$it ag5cy %all use any am\nt receiv$ pursuant to subp>agraph 7,a7 only = purposes ( qualifi$ projects4 7#b7 ,repaym5t am\nt ,= purposes ( p>agraph 7#a77;,a7-- 7,a7 ,9 g5]al ,! repaym5t am\nt is an am\nt equal to ! applicable p]c5tage ( ! ga9 f ! sale to :i* ! repaym5t relates4 7,b7 ,applicable p]c5tage ,= purposes ( subp>agraph 7,a71 ! applicable p]c5tage is #ej p]c5t1 r$uc$ by #aj p]c5tage po9ts = ea* ye> ( ! #e-ye> p]iod ref]r$ to 9 p>agraph 7#a77;,a7 :i* ends be=e ! date ( su* sale4 7#c7 ,li5 = repaym5t am\nt ,a neighborhood homes cr$it ag5cy receiv+ an allocation "u ?is section %all place a li5 on ea* qualifi$ resid5ce t is built or rehabilitat$ z "p ( a qualifi$ project = an am\nt su* ag5cy deems necess>y to ensure pot5tial repaym5t pursuant to p>agraph 7#a77;,a74 7#d7 ,waiv] 7,a7 ,9 g5]al ,! neighborhood homes cr$it ag5cy may waive ! repaym5t requir$ "u p>agraph 7#a77;,a7 if ! ag5cy det]m9es t mak+ a repaym5t w\ld con/itute a h>d%ip to ! sell]4 7,b7 ,h>d%ip ,= purposes ( subp>agraph 7,a71 ) respect to ! sell]1 a h>d%ip may include-- 7i7 divorce1 7ii7 disability1 7iii7 illness1 or 7iv7 any o!r h>d%ip id5tifi$ by ! neighborhood homes cr$it ag5cy = purposes ( ?is p>agraph4 7h7 ,o!r def9itions & special rules ,= purposes ( ?is section-- 7#a7 ,neighborhood homes cr$it ag5cy ,! t]m neighborhood homes cr$it ag5cy means ! ag5cy designat$ by ! gov]nor ( a ,/ate z ! neighborhood homes cr$it ag5cy ( ! ,/ate4 7#b7 ,qualifi$ project ,! t]m qualifi$ project means a project t a neighborhood homes cr$it ag5cy c]tifies w build or sub/antially rehabilitate "o or m qualifi$ resid5ces4 7#c7 ,det]m9ations ( family income ,rules simil> to ! rules ( section #adc7;f77#b7 %all apply = purposes ( ?is section4 7#d7 ,possessions treat$ z /ates ,! t]m ,/ate includes ! ,di/rict ( ,columbia & ! possessions ( ! ,unit$ ,/ates4 7#e7 ,special rules relat$ to condom9iums & coop]ative h\s+ corporations 7,a7 ,det]m9ation ( developm5t co/s ,9 ! case ( a qualifi$ resid5ce describ$ 9 clause 7ii7 or 7iii7 ( subsection 7c77#a77;,a71 ! reasonable developm5t co/s & eligible developm5t co/s ( su* qualifi$ resid5ce %all be an am\nt equal to su* co/s1 respectively1 ( ! entire condom9ium or coop]ative h\s+ prop]ty 9 :i* su* qualifi$ resid5ce is locat$1 multipli$ by a fraction-- 7i7 ! num]ator ( :i* is ! total floor space ( su* qualifi$ resid5ce1 & 7ii7 ! d5om9ator ( :i* is ! total floor space ( all resid5ces )9 su* prop]ty4 7,b7 ,t5ant-/ockhold]s ( coop]ative h\s+ corporations treat$ z own]s ,9 ! case ( a coop]ative h\s+ corporation 7z su* t]m is def9$ 9 section #baf7;b771 a t5ant-/ockhold] %all be treat$ z own+ ! h\se or ap>tm5t :i* su* p]son is entitl$ to occupy4 7#f7 ,relat$ p>ty sales n treat$ z af=dable sales 7,a7 ,9 g5]al ,a sale betwe5 relat$ p]sons %all n be treat$ z an af=dable sale4 7,b7 ,relat$ p]sons ,= purposes ( ?is p>agraph1 a p]son 79 ?is subp>agraph ref]r$ to z ! relat$ p]son7 is relat$ to any p]son if ! relat$ p]son be>s a relation%ip to su* p]son specifi$ 9 section #bfg7;b7 or #gjg7;b77#a71 or ! relat$ p]son & su* p]son are engag$ 9 trades or bus9esses "u common control 7)9 ! mean+ ( subsections 7a7 & 7b7 ( section #eb74 ,= purposes ( ! prec$+ s5t5ce1 9 apply+ section #bfg7;b7 or #gjg7;b77#a71 #aj p]c5t %all be sub/itut$ = #ej p]c5t4 7#g7 ,inflation adju/m5t 7,a7 ,9 g5]al ,9 ! case ( a cal5d> ye> aft] #bjbe1 ! doll> am\nts 9 subsections 7b77#c77;,a71 7e77#c77;,a77i77,i71 7e77#c77;,a77i77,,ii71 & 7i77#b77;,c7 %all ea* be increas$ by an am\nt equal to-- 7i7 su* doll> am\nt1 multipli$ by 7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = su* cal5d> ye> by sub/itut+ cal5d> ye> #bjbb = cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 !re(4 7,b7 ,r\nd+ 7i7 ,9 ! case ( ! doll> am\nts 9 subsections 7b77#c77;,a7 & 7i77#b77;,c71 any increase "u p>agraph 7#a7 :i* is n a multiple ( #a1jjj %all be r\nd$ to ! ne>e/ multiple ( #a1jjj4 7ii7 ,9 ! case ( ! doll> am\nt 9 subsection 7e77#c77;,a77i77,i71 any increase "u p>agraph 7#a7 :i* is n a multiple ( #j4ja %all be r\nd$ to ! ne>e/ multiple ( #j4ja4 7iii7 ,9 ! case ( ! doll> am\nt 9 subsection 7e77#c77;,a77i77,,ii71 any increase "u p>agraph 7#a7 :i* is n a multiple ( #ajj1jjj %all be r\nd$ to ! ne>e/ multiple ( #ajj1jjj4 7#h7 ,report 7,a7 ,9 g5]al ,! ,secret>y %all annually issue a report1 to be made available to ! public1 :i* conta9s ! in=mation submitt$ pursuant to subsection 7f77#a77;,f74 7,b7 ,de-id5tification ,! ,secret>y %all ensure t any in=mation made public pursuant to subp>agraph 7,a7 excludes any in=mation t w\ld all[ = ! id5tification ( qualifi$ home[n]s4 7#i7 ,li/ ( qualifi$ c5sus tracts ,! ,secret>y ( ,h\s+ & ,urban ,developm5t %all1 = ea* ye>1 make publicly available a li/ ( qualifi$ c5sus tracts "u-- 7,a7 on a comb9$ basis1 clauses 7i7 & 7ii7 ( subsection 7c77#b77;,a71 7,b7 clause 7iii7 ( su* subsection1 & 7,c7 subsection 7i77#e77;,a74 7#aj7 ,d5ial ( d$uctions if conv]t$ to r5tal h\s+ ,if1 dur+ ! #e-ye> p]iod beg9n+ imm$iately aft] ! af=dable sale ( a qualifi$ resid5ce ref]r$ to 9 subsection 7a71 an individual :o owns a qualifi$ resid5ce 7:e!r or n su* individual 0 ! pur*as] 9 su* af=dable sale7 fails to use su* qualifi$ resid5ce z su* individual's pr9cipal resid5ce = any p]iod ( "t1 no d$uction %all be all[$ = exp5ses paid or incurr$ by su* individual ) respect to r5t+1 dur+ su* p]iod ( "t1 su* qualifi$ resid5ce4 7i7 ,application ( cr$it ) respect to own]-,occupi$ rehabilitations 7#a7 ,9 g5]al ,9 ! case ( a qualifi$ rehabilitation by ! taxpay] ( any qualifi$ resid5ce :i* is own$ 7z ( ! date t ! writt5 b9d+ contract ref]r$ to 9 p>agraph 7#c7 is ent]$ into7 by a specifi$ home[n]1 ! rules ( p>agraphs 7#b7 ?r\gh 7#g7 %all apply4 7#b7 ,alt]native cr$it det]m9ation ,9 ! case ( any qualifi$ resid5ce describ$ 9 p>agraph 7#a71 ! neighborhood homes cr$it det]m9$ "u subsection 7a7 ) respect to su* resid5ce %all 79 lieu ( any cr$it o!rwise det]m9$ "u subsection 7a7 ) respect to su* resid5ce7 be all[$ 9 ! taxable ye> dur+ :i* ! qualifi$ rehabilitation is complet$ 7z det]m9$ by ! neighborhood homes cr$it ag5cy7 & %all be equal to ! lea/ (-- 7,a7 ! excess 7if any7 (-- 7i7 ! am\nts paid or incurr$ by ! taxpay] = ! qualifi$ rehabilitation ( ! qualifi$ resid5ce to ! ext5t t su* am\nts are c]tifi$ by ! neighborhood homes cr$it ag5cy 7at ! "t ( ! completion ( su* rehabilitation7 z meet+ ! /&>ds specifi$ pursuant to subsection 7f77#a77;,c71 ov] 7ii7 any am\nts paid to su* taxpay] = su* rehabilitation1 7,b7 #ej p]c5t ( ! am\nts describ$ 9 subp>agraph 7,a77i71 or 7,c7 #ej1jjj4 7#c7 ,qualifi$ rehabilitation 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! t]m qualifi$ rehabilitation means a rehabilitation or recon/ruction p]=m$ pursuant to a writt5 b9d+ contract betwe5 ! taxpay] & ! specifi$ home[n] if ! am\nt paid or incurr$ by ! taxpay] 9 ! p]=mance ( su* rehabilitation or recon/ruction exce$s ! doll> am\nt 9 effect "u subsection 7b77#c77;,a74 7,b7 ,application ( limitation to exp5ses paid or incurr$ aft] allocation ,a rule simil> to ! rule ( section 7b77#d7 %all apply = purposes ( ?is subsection4 7#d7 ,specifi$ home[n] ,= purposes ( ?is subsection1 ! t]m qualifi$ home[n] means1 ) respect to a qualifi$ resid5ce1 an individual-- 7,a7 :o owns & uses su* qualifi$ resid5ce z ! pr9cipal resid5ce ( su* individual z ( ! date t ! writt5 b9d+ contract ref]r$ to 9 p>agraph 7#c7 is ent]$ into1 & 7,b7 ^: family income 7det]m9$ z ( su* date7 does n exce$ ! m$ian family income = ! applicable area 7) respect to ! c5sus tract 9 :i* ! qualifi$ resid5ce is locat$74 7#e7 ,additional c5sus tracts 9 :i* own]-occupi$ resid5ces may be locat$ ,9 ! case ( any qualifi$ resid5ce describ$ 9 p>agraph 7#a71 ! t]m qualifi$ c5sus tract includes any c5sus tract :i*-- 7,a7 meets ! requirem5ts ( subsection 7c77#b77;,a77i7 )\t reg>d to subclause 7,,iii7 !re(1 & 7,b7 is designat$ by ! neighborhood homes cr$it ag5cy = purposes ( ?is p>agraph4 7#f7 ,modification ( repaym5t requirem5t ,9 ! case ( any qualifi$ resid5ce describ$ 9 p>agraph 7#a71 subsection 7g7 %all be appli$ by beg9n+ ! #e-ye> p]iod o!rwise describ$ !re9 on ! date on :i* ! qualifi$ home[n] acquir$ su* resid5ce4 7#g7 ,relat$ p>ties ,p>agraph 7#a7 %all n apply if ! taxpay] is ! own] ( ! qualifi$ resid5ce describ$ 9 p>agraph 7#a7 or is relat$ 7)9 ! mean+ ( subsection 7h77#f77;,b77 to su* own]4 7#h7 ,pyrrhotite rem$iation ,! requirem5t ( subsection 7c77#a77;,c7 %all n apply to a qualifi$ rehabilitation "u ?is subsection ( a qualifi$ resid5ce t is docum5t$ by an eng9e]'s report & core te/+ to h a f\ndation t is adv]sely impact$ by pyrrhotite or o!r iron sulfide m9]als4 7j7 ,regulations ,! ,secret>y %all prescribe su* regulations z may be necess>y or appropriate to c>ry out ! purposes ( ?is section1 includ+ regulations t prev5t avoidance ( ! rules1 & abuse ( ! purposes1 ( ?is section4 4 7b7 ,cr$it all[$ z "p ( g5]al bus9ess cr$it ,section #ch7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ plus at ! end ( p>agraph 7#cg71 by /rik+ ! p]iod at ! end ( p>agraph 7#ch7 & ins]t+ 1 plus1 & by add+ at ! end ! foll[+ new p>agraph3 7#ci7 ! neighborhood homes cr$it det]m9$ "u section #db;,a7a74 4 7c7 ,cr$it all[$ aga9/ alt]native m9imum tax ,section #ch7;c77#d77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by r$esignat+ clauses 7iv7 ?r\gh 7xii7 z clauses 7v7 ?r\gh 7xiii71 respectively1 & by ins]t+ aft] clause 7iii7 ! foll[+ new clause3 7iv7 ! cr$it det]m9$ "u section #db;,a1 4 7d7 ,basis adju/m5ts 7#a7 ,en]gy effici5t home improvem5t cr$it ,section #be;,c7g7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ aft] ! fir/ s5t5ce ! foll[+ new s5t5ce3 ,?is subsection %all n apply = purposes ( det]m9+ ! eligible developm5t co/s or adju/$ basis ( any build+ "u section #db;,a44 7#b7 ,resid5tial clean en]gy cr$it ,section #be;,d7f7 ( su* ,code is am5d$ by add+ aft] ! fir/ s5t5ce ! foll[+ new s5t5ce3 ,?is subsection %all n apply = purposes ( det]m9+ ! eligible developm5t co/s or adju/$ basis ( any build+ "u section #db;,a44 7#c7 ,new en]gy effici5t home cr$it ,section #de,l7e7 ( su* ,code is am5d$ by ins]t+ or = purposes ( det]m9+ ! eligible developm5t co/s or adju/$ basis ( any build+ "u section #db;,a aft] section #db4 7e7 ,exclusion f gross income ,"p ,,iii ( sub*apt] ,b ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ be=e section #adj ! foll[+ new section3 #aci;,j4 ,/ate en]gy subsidies = qualifi$ resid5ces 7a7 ,exclusion f gross income ,gross income %all n include ! value ( any subsidy provid$ to a taxpay] 7:e!r directly or indirectly7 by any ,/ate en]gy (fice 7z def9$ 9 section #abd7;a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aehba7;a777 = purposes ( any en]gy improvem5ts made to a qualifi$ resid5ce 7z def9$ 9 section #db;,a7c77#a774 4 7f7 ,con=m+ am5dm5ts 7#a7 ,subsections 7i77#c77;,c71 7i77#f77;,b77i71 & 7k77#a7 ( section #dfi ( ! ,int]nal ,rev5ue ,code ( #aihf are ea* am5d$ by ins]t+ or #db;,a aft] section #db4 7#b7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su* ,code is am5d$ by ins]t+ aft] ! item relat+ to section #db ! foll[+ new item3 ,sec4 #db;,a4 ,neighborhood homes cr$it4 4 7#c7 ,! table ( sections = "p ,,iii ( sub*apt] ,b ( *apt] #a ( su* ,code is am5d$ by ins]t+ be=e ! item relat+ to section #adj ! foll[+ new item3 ,sec4 #aci;,j4 ,/ate en]gy subsidies = qualifi$ resid5ces4 4 7g7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbe4 #bjh4 ,bett] utiliz+ & dispos+ ( unus$ milit>y & gov]nm5t l&s = h\s+ 7a7 ,9 g5]al ,a ,/ate or unit ( local gov]nm5t may submit a petition to a ,f$]al ag5cy reque/+ to use unus$ prop]ty own$ by su* ,f$]al ag5cy = ! con/ruction ( af=dable h\s+4 7b7 ,submission to ,,pbrb ,any ,f$]al ag5cy t receives a petition "u subsection 7a7 %all submit a copy ( su* petition to ! ,public ,build+s ,re=m ,bo>d4 7c7 ,det]m9ation ,a ,f$]al ag5cy t receives a petition "u subsection 7a7 %all1 n less t #fj days aft] receiv+ su* petition det]m9e :e!r ! prop]ty is excess4 7d7 ,ju/ification requir$ ,if a ,f$]al ag5cy det]m9es "u subsection 7c7 t a prop]ty is n excess su* ,f$]al ag5cy %all submit to ! ,(fice ( ,managem5t & ,budget a /atem5t t ju/ifies :y su* prop]ty is n excess4 7e7 ,donation by ,,gsa ,if a ,f$]al ag5cy det]m9es a prop]ty to be excess "u subsection 7b71 ! ,g5]al ,s]vices ,adm9i/ration may donate su* prop]ty to ! ,/ate or unit ( local gov]nm5t t submitt$ ! petition "u subsection 7a74 #bji4 ,en]gy cons]vation /&>ds = manufactur$ h\s+ ,! ,secret>y ( ,en]gy may n1 by rule or o!rwise1 e/abli% en]gy cons]vation /&>ds = manufactur$ h\s+4 #baj4 ,r5tal assi/ance demon/ration program ,! matt] "u ! head+ ,r5tal ,assi/ance ,demon/ration 9 ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t ,appropriations ,act1 #bjab 7,public ,law #aab-ee71 is am5d$-- 7#a7 by /rik+ ! second proviso2 & 7#b7 by /rik+ ! f\r? proviso4 #baa4 ,creat+ inc5tives = small doll> loan orig9ators 7a7 ,small doll> mortgage def9$ ,9 ?is section1 ! t]m small doll> mortgage means a mortgage loan t-- 7#a7 has an orig9al pr9cipal obligation ( n m ?an #gj1jjj2 7#b7 is secur$ by real prop]ty design$ = ! occupancy ( #a to #d families2 & 7#c7 is-- 7,a7 insur$ by ! ,f$]al ,h\s+ ,adm9i/ration "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq472 7,b7 made1 gu>ante$1 or insur$ by ! ,dep>tm5t ( ,vet]ans ,affairs2 7,c7 made1 gu>ante$1 or insur$ by ! ,dep>tm5t ( ,agriculture2 or 7,d7 eligible to be pur*as$ or securitiz$ by ! ,f$]al ,home ,loan ,mortgage ,corporation or ! ,f$]al ,national ,mortgage ,association4 7b7 ,requirem5t ,to update regulations ,n lat] ?an #bgj days aft] ! date ( enactm5t ( ?is ,act1 ! ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection %all issue regulations to update "p #ajbf ( title #ab1 ,code ( ,f$]al ,regulations 7commonly ref]r$ to z ,regulation ,z7 to all[ = sal>i$ orig9ators ( resid5tial mortgage loans t only orig9ate small doll> mortgages4 #bab4 ,small doll> mortgage po9ts & fees 7a7 ,def9ition ,9 ?is section1 ! t]m small doll> mortgage means a mortgage ) an orig9al pr9cipal obligation ( less ?an #gj1jjj4 7b7 ,am5dm5ts requir$ ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection1 9 consultation ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t & ! ,director ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy1 %all am5d ! limitations ) respect to po9ts & fees "u section #ajbf4cb ( title #ab1 ,code ( ,f$]al ,regulations1 or any successor regulation1 to enc\rage additional l5d+ = small doll> mortgages4 #bac4 ,remov+ ,outdat$ ,regulation = ,manufactur$ ,h\s+ 7a7 ,9 g5]al ,section #fjc7f7 ( ! ,national ,manufactur$ ,h\s+ ,con/ruction & ,safety ,/&>ds ,act ( #aigd 7#db ,u4,s4,c4 #edjb7f77 is am5d$ by /rik+ built on a p]man5t *assis &4 7b7 ,implem5tation ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! cons5sus committee e/abli%$ "u section #fjd7;a77#c7 ( ! ,national ,manufactur$ ,h\s+ ,con/ruction & ,safety ,/&>ds ,act ( #aigd 7#db ,u4,s4,c4 #edjc7;a77#c77 %all meet to develop & recomm5d to ! ,secret>y ( ,h\s+ & ,urban ,developm5t su* revisions to ! ,f$]al manufactur$ home con/ruction & safety /&>ds1 & relat$ regulations1 z are necess>y to implem5t ! am5dm5t made by subsection 7a7 ( ?is section4 ,su* revis$ /&>ds %all be consid]$ by ! ,secret>y = adoption pursuant to ! process set =? 9 section #fjd ( su* ,act4 ,,iii ,s]v+ ! mo/ vuln]able2 heal? & safety #cja4 ,,gao /udy to det]m9e proximity ( h\s+ to ,sup]fund sites 7a7 ,/udy ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all c>ry out a /udy to id5tify h[ _m resid5tial dwell+ units1 & h[ _m dwell+ units 9 public h\s+ 7z su* t]m is def9$ 9 section #c7;b7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;a7,b7771 are locat$ )9 "o mile ( a site t is includ$ on ! ,national ,priorities ,li/ pursuant to section #aje ( ! ,compreh5sive ,environm5tal ,response1 ,comp5sation1 & ,liability ,act ( #aihj 7#db ,u4,s4,c4 #ifje74 7b7 ,report ,n lat] ?an ! expiration ( ! #f-mon? p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al %all submit a report to ! ,congress id5tify+1 = ea* site ref]r$ to 9 subsection 7a71 h[ _m resid5tial dwell+ units1 & h[ _m dwell+ units 9 public h\s+1 are locat$ )9 "o mile ( su* site4 #cjb4 ,ensur+ public h\s+ ag5cies inspect ea* dwell+ unit ea* ye> ,! ,secret>y ( ,h\s+ & ,urban ,developm5t & ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all1 n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is section1 conduct a /udy & submit a report to ! ,congress t id5tifies3 7#a7 h[ _m inspections requir$ to be conduct$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t 9 ! #a-ye> p]iod are incomplete2 & 7#b7 h[ _m inspectors are ne$$ to ensure t all inspections requir$ to be conduct$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t c be complet$ ea* ye>4 #cjc4 ,inc5tiviz+ local solutions to homelessness 7a7 ,cont9uum ( c>e program ,section #dbh ( ! ,mc,kinney-,v5to ,homeless ,assi/ance ,act 7#db ,u4,s4,c4 #aahf;b7 is am5d$ by add+ at ! end ! foll[+3 7f7 ,inc5tives = r$uc+ homelesness 7#a7 ,9 g5]al ,f ! am\nts made available to c>ry out ?is subtitle = a fiscal ye>1 ! ,secret>y may use n m ?an #aj p]c5t ( ! am\nts made available to c>ry out ?is subtitle = inc5tives describ$ 9 p>agraph 7#b74 7#b7 ,inc5tives ,! ,secret>y may provide bonuses or o!r inc5tives to a geographic area "u ?is subtitle if1 dur+ a fiscal ye>1 ! ,secret>y det]m9es t an entity receiv+ funds "u ?is subtitle has demon/rably & measurably improv$ h\s+ outcomes = homeless individuals 9 ! geographic area4 4 7b7 ,em]g5cy solutions grants program ,section #dac ( ! ,mc,kinney-,v5to ,homeless ,assi/ance ,act 7#db ,u4,s4,c4 #aacgb;a7 is am5d$ by add+ at ! end ! foll[+3 7c7 ,inc5tives = r$uc+ homelesness 7#a7 ,9 g5]al ,f ! am\nts made available to c>ry out ?is subtitle = a fiscal ye>1 ! ,secret>y may use n m ?an #aj p]c5t ( ! am\nts made available to c>ry out ?is subtitle = inc5tives describ$ 9 p>agraph 7#b74 7#b7 ,inc5tives ,! ,secret>y may provide bonuses or o!r inc5tives to a geographic area "u ?is subtitle if1 dur+ a fiscal ye>1 ! ,secret>y det]m9es t an entity receiv+ funds "u ?is subtitle has demon/rably & measurably improv$ h\s+ outcomes = homeless individuals 9 ! geographic area4 4 #cjd4 ,improv+ mold & heal? /&>ds 7a7 ,def9itions ,9 ?is section3 7#a7 ,indoor resid5tial mold ,! t]m indoor resid5tial mold means any =m ( multicellul> fungi 9 indoor environm5ts1 includ+ cladosporium1 p5icillium1 alt]n>ia1 asp]gillus1 fus>ium1 tri*od]ma1 memnoniella1 mucor1 /a*ybotrys *>t>um1 /reptomyces1 & epicoccum(t5 f\nd 9 wat]-damag$ indoor environm5ts & build+ mat]ials4 7#b7 ,resid5tial mold inspection ,! t]m resid5tial mold inspection means an inspection1 by a c]tifi$ or lic5s$ mold inspector or o!r indoor environm5tal pr(essional1 includ+ ?r\gh ! ,real ,e/ate ,assessm5t ,c5t]1 ( real prop]ty t is design$ to discov]-- 7,a7 indoor mold gr[? 9 resid5tial prop]ties2 7,b7 conditions t facilitate indoor resid5tial mold gr[?2 or 7,c7 indicia ( conditions t are likely to facilitate indoor resid5tial mold gr[?4 7#c7 ,toxig5ic mold ,! t]m toxig5ic mold means any indoor mold gr[? t may be capable ( produc+ a tox9 or toxic comp\nd1 includ+ mycotox9s & m,v,o,cs1 t c cause pulmon>y1 respiratory1 neurological1 ga/ro9te/9al1 or d]matological illnesses1 or o!r major adv]se heal? impacts1 z jo9tly det]m9$ by ! ,director ( ! ,national ,in/itutes ( ,heal?1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 & ! ,director ( ! ,c5t]s = ,disease ,control & ,prev5tion4 7b7 ,int]ag5cy rese>* on heal? impacts ( indoor resid5tial mold 7#a7 ,rese>* 7,a7 ,9 g5]al ,z soon z practicable aft] ! date ( enactm5t ( ?is ,act1 ! ,director ( ! ,national ,in/itute ( ,environm5tal ,heal? ,sci5ces at ! ,national ,in/itutes ( ,heal?1 9 conjunction ) ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 ! ,director ( ! ,c5t]s = ,disease ,control & ,prev5tion1 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 ! ,secret>y ( ,en]gy1 ! ,secret>y ( ,heal? & ,human ,s]vices1 ! ,presid5t ( ! ,national ,academy ( ,sci5ces1 & ! ,*air ( ! bo>d ( directors ( ! ,national ,in/itute ( ,build+ ,sci5ces %all jo9tly conduct a compreh5sive /udy ( ! heal? effects ( indoor resid5tial mold gr[?1 us+ ! mo/ up-to-date sci5tific pe]-review$ m$ical lit]ature4 7,b7 ,cont5ts ,! /udy conduct$ "u subp>agraph 7,a7 %all asc]ta91 among o!r ?+s-- 7i7 detail$ in=mation ab\t h>mful or toxig5ic mold1 z well z any tox9 or toxic comp\nd su* mold c produce2 7ii7 ! mo/ accurate rese>*-bas$ me?ods ( detect+ h>mful or toxig5ic mold2 7iii7 pot5tial dang]s ( prolong$ or *ronic exposure to indoor resid5tial mold gr[?2 7iv7 ! haz>ds involv$ ) inadequate resid5tial mold inspections & improp] indoor resid5tial mold rem$iation2 7v7 ! e/imat$ curr5t public heal? burd5 ( new or exac]bat$ physical illness result+ f exposure to indoor resid5tial mold1 includ+ its disproportionate impact on vuln]able communities1 includ+ *ildr5 & s5iors2 7vi7 improv$ und]/&+ ( ! diff]5t heal? symptomology t c result f exposure to mold 9 indoor resid5tial environm5ts2 7vii7 ongo+ surveillance ( ! preval5ce ( idiopa?ic pulmon>y hemorrhage 7,,aiph7 9 infants2 & 7viii7 longitud9al /udies on ! effects ( indoor old exposure 9 e>ly *ildhood on ! developm5t ( a/hma & o!r respiratory illnesses4 7,c7 ,availability ,n lat] ?an ! expiration ( ! #c-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! results ( ! /udy conduct$ "u subp>agraph 7,a7 %all be submitt$ to ,congress & ! ,presid5t & made available to ! g5]al public4 7c7 ,mapp+ 7#a7 ,9 g5]al ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all1 us+ ! previ\s two ye>s ( inspection data1 e/abli% a geographic in=mation sy/em mapp+ tool t id5tifies areas :i* are impact$ by a kn[n pres5ce ( indoor resid5tial mold4 7#b7 ,requir$ inclusions ,! ,secret>y %all include1 z "p ( ! mapp+ tool-- 7,a7 inspection docum5tation2 7,b7 managem5t & occupancy reviews2 7,c7 transf]s ( budget au?ority = contracts "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f72 & 7,d7 any additional in=mation1 z requir$ by ! ,secret>y4 7#c7 ,updates ,! ,secret>y %all update ! mapp+ tool ) ! late/ inspection data n less (t5 ?an once p] ye>4 7d7 ,public in=mation & education campaign 7#a7 ,requirem5t ,! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t1 & ! heads ( any o!r relevant ,f$]al ag5cies1 z det]m9$ by su* ,adm9i/rator & ,secret>y1 %all jo9tly develop & c>ry out a public in=mation & education campaign reg>d+ indoor air quality & relat$ issues t provides in=mation requir$ "u ?is section on a recurr+ & annual basis ?r\gh public outrea*4 ,! campaign %all comm5ce )9 #a ye> aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,topics ,! in=mation & education campaign %all include in=mation on ! dang]s & prev5tion ( indoor resid5tial moi/ure & mold1 volatile organic comp\nds1 du/1 smok+1 pollution1 indoor orig9s ( smoke1 includ+ cook+1 & any o!r heal? risks1 z det]m9$ by su* ,adm9i/rator & ,secret>y4 7#c7 ,indoor resid5tial mold in=mation ,! in=mation & education campaign %all include1 at m9imum1 ! foll[+ in=mation reg>d+ indoor resid5tial mold3 7,a7 ,! conditions t facilitate indoor resid5tial moi/ure & mold gr[?4 7,b7 ,guidel9es = inspect+ indoor resid5tial mold gr[?4 7,c7 ,guidel9es = rem$iat+ indoor resid5tial mold gr[?4 7,d7 ,! dang]s & heal? risks ( exposure to indoor resid5tial mold gr[?4 7,e7 ,! importance ( v5tilation & me?ods to prev5t moi/ure accumulation 9 indoor resid5tial environm5ts4 7,f7 ,any o!r in=mation z det]m9$ appropriate by ! heads ( ! ag5cies ref]r$ to 9 p>agraph 7#a74 7#d7 ,modes ( communication 7,a7 ,9 g5]al ,! public in=mation & education campaign %all provide education & in=mation ?r\gh modes ( communication t are commonly utiliz$ & able to be easily consum$ by relevant individuals or organizations1 :i* %all include communication ?r\gh adv]tisem5ts on public transit 9 all #ej ,/ates & 9 t]ritories & possessions ( ! ,unit$ ,/ates1 & di/ribution ( ! pamphlet develop$ pursuant to p>agraph 7#i7 z requir$ "u su* p>agraph4 7,b7 ,availability ,all education & in=mation t is "p ( ! in=mation & education campaign %all be made publicly available on ! websites ( ! ,environm5tal ,protection ,ag5cy1 ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 & any o!r applicable ,f$]al ag5cies4 7#e7 ,t>get$ gr\ps ,! public in=mation & education campaign %all be design$ to rea* t5ants1 t5ant organizations work+ directly ) t5ants 9 project-bas$ r5tal assi/ance & o!r types ( f$]ally-assi/$ h\s+1 resid5t gr\ps1 l&lords1 heal? pr(essionals1 ! g5]al public1 home[n]s1 prospective home[n]s1 ! real e/ate indu/ry1 ! home con/ruction & r5ovation indu/ries1 ! heal?1 prop]ty & casualty1 & life insurance indu/ries1 te*nical & vocational s*ools & colleges1 & o!r academic in/itutions4 7#f7 ,in=mation ,specific to ,heal? ,pr(essions ,! public in=mation & education campaign %all include in=mation ab\t w>n+ signs ( mold & o!r indoor air exposure pollutants & %all include education = heal? pr(essions on mold-relat$ illness1 includ+ = heal? pr(essions :o "w ) vuln]able populations & *ildr5 9 s*ool or dayc>e sett+s4 7#g7 ,coord9ation ,9 develop+ & c>ry+ out ! public in=mation & education campaign1 ! heads ( ! ag5cies ref]r$ to 9 p>agraph 7#a7 may coord9ate ) ! ,ad ,c\ncil4 7#h7 ,language ,all in=mation provid$ "u ! public in=mation & education campaign-- 7,a7 %all be provid$ 9 at lea/ two languages1 z det]m9$ by ! ,secret>y1 bas$ on ! mo/ common languages spok5 9 ! neighborhood1 tribe1 municipality1 ,/ate1 or region1 & may be provid$ 9 additional languages bas$ on ! mo/ common languages spok5 9 ! neighborhood1 tribe1 municipality1 ,/ate1 or region1 z det]m9$ by ! ,secret>y2 & 7,b7 %all be provid$ 9 language t is at a six? grade read+ level & is easy to und]/&4 7#i7 ,pamphlet 7,a7 ,requirem5t ,! ,secret>y ( ,h\s+ & ,urban ,developm5t1 9 consultation ) ! ,director ( ! ,national ,in/itutes ( ,heal?1 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 & ! heads ( any o!r ag5cies ! ,secret>y consid]s appropriate1 %all develop1 publi%1 & revise1 n less frequ5tly ?an e #e ye>s1 a pamphlet reg>d+ indoor resid5tial mold haz>ds4 7,b7 ,cont5t ,! pamphlet requir$ "u ?is subsection %all-- 7i7 conta9 in=mation reg>d+ ! heal? risks associat$ ) exposure to indoor resid5tial mold gr[?2 7ii7 provide in=mation on ! haz>ds ( indoor resid5tial mold gr[? 9 f$]ally-assi/$ & f$]ally-own$ h\s+2 7iii7 describe ! risks ( indoor resid5tial mold exposure = p]sons resid+ 9 a dwell+ ) toxig5ic mold2 7iv7 provide in=mation on approv$ me?ods = evaluat+ & r$uc+ indoor resid5tial mold gr[? & _! effectiv5ess 9 id5tify+1 r$uc+1 elim9at+1 or prev5t+ indoor resid5tial mold gr[?2 7v7 provide advice on h[ to obta9 a li/ ( p]sons c]tifi$ to inspect or rem$iate indoor resid5tial mold gr[? 9 ! area 9 :i* ! pamphlet is to be us$2 7vi7 include a /atem5t t a risk assessm5t or inspection = indoor resid5tial mold gr[? is recomm5d$ prior to ! pur*ase1 lease1 or r5ovation ( t>get h\s+2 7vii7 include a /atem5t t c]ta9 ,/ate & local laws impose additional requirem5ts relat$ to indoor resid5tial mold gr[? 9 h\s+ & provide a li/+ ( ,f$]al1 ,/ate1 & local ag5cies 9 ea* ,/ate1 includ+ address1 telephone numb]1 & electronic mail address1 if available1 t c provide in=mation ab\t applicable laws & available gov]nm5tal & private assi/ance & f9anc+2 7viii7 provide in=mation consid]$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy to be appropriate or necess>y to promote aw>5ess ( ! haz>ds pos$ by indoor resid5tial mold2 7ix7 include in=mation on indoor air quality safety g5]ally1 includ+ be/ practices :5 cook+1 tak+ a %[] or ba?1 & smok+ cessation2 7x7 be publicly available on ! websites ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 ! ,environm5tal ,protection ,ag5cy1 & o!r applicable ,f$]al ag5cies2 & 7xi7 include any o!r in=mation consid]$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy to be appropriate or necess>y4 7#aj7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is subsection4 7e7 ,,gao /udy on heal? & safety conc]ns 9 f$]ally-,assi/$ h\s+ ,n lat] ?an ! expiration ( ! #c-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit a report to ! ,congress analyz+ & assess+ ! communication1 z applicable1 betwe5 public h\s+ ag5cies1 l&lords1 & t5ants ov] resolv+ problems ) ! heal?1 safety1 or o!r issues ( dwell+ units t are f$]ally subsidiz$ & inspect$ ?r\gh subp>t ,g ( "p #e ( title #bd1 ,code ( ,f$]al ,regulations1 l&lord responsiv5ess reg>d+ su* issues1 opportunities = improvem5t 9 su* communications1 & h[ t5ants und]/& _! rights & h[ !y are respond$ to :5 issues arise1 includ+ protocols = respond+ to t5ant compla9ts & t5ant und]/&+ ( su* processes4 ,! report %all include recomm5dations = h[ to improve su* communications & ! physical quality ( ! h\s+ /ock = :i* su* assi/ance is provid$4 #cje4 ,improv+ ,protection f ,lead ,haz>ds 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m cov]$ h\s+ means a dwell+ unit receiv+ project-bas$ r5tal assi/ance or t5ant-bas$ r5tal assi/ance "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f72 & 7#b7 ! t]m ,dep>tm5t means ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 7b7 ,annual risk assessm5t & report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & e ye> !reaft]1 ! ,deputy ,assi/ant ,secret>y = ! ,(fice ( ,multifamily ,h\s+ ,programs ( ! ,dep>tm5t1 9 collaboration ) ! ,(fice ( ,lead ,haz>d ,control & ,heal?y ,homes ( ! ,dep>tm5t1 %all-- 7#a7 conduct a risk assessm5t ( cov]$ h\s+ to id5tify prop]ties ) ! greate/ risk ( expos+ *ildr5 "u ! age ( #f ye>s old to lead haz>ds1 includ+ lead-bas$ pa9t & lead s]vice l9es2 7#b7 develop an action plan relat+ to rem$iation1 control1 & safegu>ds to address lead haz>ds1 includ+ lead-bas$ pa9t & lead-s]vice l9es1 9 cov]$ h\s+ id5tifi$ 9 ! risk assessm5t conduct$ "u p>agraph 7#a71 ) priority giv5 to ^? prop]ties ) *ildr5 "u ! age ( #f ye>s old2 & 7#c7 submit to ,congress a report on prop]ties ) cov]$ h\s+ t h lead-bas$ pa9t or lead s]vice l9es1 includ+ ! numb] ( *ildr5 "u ! age ( #f ye>s old liv+ at ^! prop]ties4 7c7 ,uni=m physical condition /&>d inspections ,9 conduct+ uni=m physical condition inspections 9 accordance ) "p #e ( title #bd1 ,code ( ,f$]al ,regulations1 or any successor regulation1 ! ,secret>y %all include lead-bas$ pa9t & lead s]vice l9es 9 ! grad$ scor+ z an exig5t heal? & safety defici5cy to ensure t-- 7#a7 lead-bas$ pa9t & lead s]vice l9es are track$ at ea* applicable prop]ty2 & 7#b7 ! own]s ( ^? prop]ties are held acc\ntable = rem$iat+ defici5cies4 #cjf4 ,improv+ h\s+ = ! eld]ly & disabl$ ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all1 n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is section1 conduct a /udy t id5tifies options to remove b>ri]s & improve h\s+ = p]sons :o are eld]ly or disabl$1 includ+ any pot5tial impacts ( provid+ capital advances =-- 7#a7 ! program = supportive h\s+ = ! eld]ly "u section #bjb ( ! ,h\s+ ,act ( #aiei2 & 7#b7 ! program = supportive h\s+ = p]sons ) disabilities "u section #haa ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act4 ,,iv ,good ,gov]nance #dja4 ,requir+ annual te/imony & ov]sight f h\s+ regulators 7a7 ,te/imony by ,secret>y ,section #g ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t ,act 7#db ,u4,s4,c4 #cece7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7u7 ,annual te/imony ,! ,secret>y %all appe> be=e ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate at an annual he>+ & pres5t te/imony reg>d+ ! op]ations ( ! ,dep>tm5t dur+ ! prec$+ ye>1 includ+ reg>d+ ! foll[+ topics3 7#a7 ,! physical condition ( all public h\s+ & o!r h\s+ assi/$ by ! ,dep>tm5t4 7#b7 ,! f9ancial heal? ( ! mortgage insurance funds ( ! ,,fha4 7#c7 ,ov]sight by ! ,dep>tm5t ( grantees & sub-grantees engag+ 9 wa/e1 fraud1 & abuse4 7#d7 ,ongo+ activities ( ! ,dep>tm5t1 z appropriate4 4 7b7 ,te/imony by ,inspector ,g5]al ,n lat] ?an ,octob] #a ( ea* ye>1 ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t %all appe> be=e ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & pres5t te/imony on ! ,(fice ( ,inspector ,g5]al's-- 7#a7 ef=ts to detect & prev5t fraud1 wa/e1 & abuse2 7#b7 ability to conduct & sup]vise audits1 inve/igations1 & reviews2 7#c7 actions to id5tify opportunities = ! programs ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t to progress & succe$2 & 7#d7 ongo+ activities reg>d+ any su* additional "w1 z appropriate4 #djb4 ,requir+ annual te/imony & ov]sight = gov]nm5t gu>ante$ or insur$ mortgage programs ,on an annual basis1 ! foll[+ individuals %all te/ify be=e ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives on mortgage loans gu>ante$ or insur$ by ! ,f$]al ,gov]nm5t3 7#a7 ,! ,presid5t ( ! ,gov]nm5t ,national ,mortgage ,association4 7#b7 ,! ,f$]al ,h\s+ ,commission]4 7#c7 ,! ,adm9i/rator ( ! ,rural ,h\s+ ,s]vice4 #djc4 ,te/imony & report f ,unit$ ,/ates ,int]ag5cy ,c\ncil on ,homelessness ,section #bjc7;a7 ( ! ,mc,kinney-,v5to ,homeless ,assi/ance ,act 7#db ,u4,s4,c4 #aacac7;a77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ ,homeless ,em]g5cy ,assi/ance & ,rapid ,transition to ,h\s+ ,act ( #bjji & ins]t+ ,revitaliz+ ,am]ica's ,h\s+ ,act2 & 7,b7 by /rik+ update su* plan annually & ins]t+ ! foll[+3 submit to ! ,presid5t & ,congress a report e ye> !reaft] t includes-- 7,a7 ! /atus ( completion ( ! plan2 7,b7 any modifications t 7 made to ! plan & ! reasons = ^? modifications2 & 7,c7 an e/imate ( :5 homelessness w be end$2 2 7#b7 by r$esignat+ p>agraphs 7#aj7 ?r\gh 7#ac7 z p>agraphs 7#aa7 ?r\gh 7#ad71 respectively2 7#c7 by r$esignat+ ! second p>agraph 7#i7 7relat+ to collect+ & dissem9at+ in=mation7 z p>agraph 7#aj72 7#d7 9 p>agraph 7#ac71 z s r$esignat$1 by /rik+ & at ! end2 7#e7 9 p>agraph 7#ad71 z s r$esignat$1 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#f7 by add+ at ! end ! foll[+3 7#ae7 te/ify annually be=e ,congress4 4 #djd4 ,report detail+ ,,ny*a compliance ) & ,,hud ov]sight ( #bjai agreem5t 7a7 ,congressional f9d+s ,! ,congress f9ds t-- 7#a7 ! ,new ,york ,city ,h\s+ ,au?ority 79 ?is section ref]r$ to z ! ,au?ority7 is ! l>ge/ h\s+ au?ority 9 ! ,unit$ ,/ates1 provid+ h\s+ = ov] #ebj1jjj resid5ts 9 ov] #agg1jjj ap>tm5ts 9 ! ,city ( ,new ,york 79 ?is section ref]r$ to z ! ,city72 7#b7 ! ,au?ority is a public h\s+ ag5cy t receives ,f$]al f9ancial assi/ance f ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t 79 ?is section ref]r$ to z ! ,dep>tm5t7 to adm9i/] its public h\s+ program2 7#c7 ! ,au?ority is requir$ to1 among o!r ?+s1 provide dec5t1 safe1 & sanit>y h\s+ = ! public h\s+ resid5ts ( ! ,city & comply ) ,f$]al law protect+ *ildr5 f ! haz>ds ( lead poison+2 7#d7 on ,june #aa1 #bjah1 ! ,unit$ ,/ates fil$ a compla9t 9 ! ,unit$ ,/ates ,di/rict ,c\rt = ! ,s\!rn ,di/rict ( ,new ,york 79 ?is section ref]r$ to z ! ,compla9t72 :i* set =? ! f9d+s ( ! ,unit$ ,/ates inve/igation1 alleg+1 among o!r ?+s1 t ! ,au?ority _h-- 7,a7 r\t9ely fail$ to comply ) lead-bas$ pa9t safety regulations2 7,b7 fail$ to provide dec5t1 safe1 & sanit>y h\s+1 includ+ ) respect to ! provision ( heat & elevators & ! control & treatm5t ( mold & pe/s2 & 7,c7 repeat$ly misl$ ! ,dep>tm5t ?r\gh false /atem5ts & deceptive practices2 7#e7 9 a ,cons5t ,decree execut$ ,june #aa1 #bjah1 ! ,au?ority made admissions reg>d+1 among o!r ?+s1 defici5cies 9 physical conditions ) respect to lead1 mold1 heat+1 elevators & pe/s & made untrue /atem5ts to ! ,dep>tm5t reg>d+ ! conditions ( ! ,au?ority's prop]ties & practices ) reg>d to ,public ,h\s+ ,assessm5t ,sy/em inspections2 7#f7 bas$ on ! ,au?ority's misconduct z detail$ 9 ! ,compla9t1 on ,janu>y #ca1 #bjai1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t 79 ?is section ref]r$ to z ! ,secret>y7 decl>$ t ! ,au?ority is 9 sub/antial default )9 ! mean+ ( section #f7;j77#c77;,a7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;d7j77#c77;,a772 7#g7 ! ,dep>tm5t did n take possession ( ! ,au?ority or appo9t a receiv]1 b in/ead ent]$ into a volunt>y agreem5t betwe5 ! ,au?ority1 ! ,dep>tm5t1 & ! ,city on ,janu>y #ca1 #bjai1 "u :i* ! ,au?ority agre$ to rem$y not$ defici5cies subject to ! ov]sight ( a ,monitor appo9t$ by ! ,city2 7#h7 z ( ! date ( ! enactm5t ( ?is ,act1 ! ,au?ority has /ill fully n compli$ ) ! agreem5t1 includ+ ! rem$y+ ( defici5cies or compliance ) its obligations "u ,f$]al law2 7#i7 ! ,dep>tm5t & ! ,unit$ ,/ates ,attorney's ,(fice = ! ,s\!rn ,di/rict ( ,new ,york h s\ght to ext5d ! t]m ( a ,monitor ov] ! ,au?ority = an additional five ye>s beg9n+ 9 #bjbd2 7#aj7 ! resid5ts ( h\s+ provid$ by ! ,au?ority %\ld n be requir$ to wait five additional ye>s = ! ,au?ority to provide dec5t1 safe1 & sanit>y h\s+ conditions1 z is ! ,au?ority's mo/ basic & necess>y function "u ! law2 & 7#aa7 ! ,congress believes t x mu/ provide additional ov]sight ov] ! ,au?ority1 ! ,dep>tm5t1 ! ,city1 & ! ,monitor 9 ord] to compel ! ,au?ority to fix ! appall+ conditions & o!r issues t lead to a decl>ation ( sub/antial default "u section #f7;j77#c77;,a7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg4 7b7 ,inve/igation & report to ,congress 7#a7 ,inve/igation ,! ,inspector ,g5]al ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t %all conduct an inve/igation ( ! ,au?ority1 :i* %all include at a m9imum-- 7,a7 det]m9+ ! /atus ( ! ,new ,york ,city ,h\s+ ,au?ority's compliance ) ! agreem5t ent]$ into betwe5 ! ,au?ority1 ! ,dep>tm5t1 & ! ,city on ,janu>y #ca1 #bjai1 includ+ specific areas ( defici5cy & progress t[>ds compliance2 7,b7 conduct+ a review ( actions tak5 by ! ,monitor ov] ! ,au?ority pursuant to su* ,agreem5t1 includ+ any gaps 9 ov]sight by ! ,monitor2 7,c7 conduct+ a survey ( ! physical conditions ( h\s+ provid$ by ! ,au?ority = ! ,city's resid5ts2 7,d7 conduct+ an exam9ation ( any wa/e1 fraud1 abuse & violations ( ,f$]al law committ$ by employees or contractors ( ! ,au?ority2 & 7,e7 id5tify+ o!r priority issues & areas1 z deem$ necess>y & appropriate by ! ,inspector ,g5]al4 7#b7 ,report ,n lat] ?an ! expiration ( ! #ahj-;day p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,inspector ,g5]al %all provide to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a report sett+ =? ! f9d+s ( its inve/igation1 a summ>y ( actions ! ,dep>tm5t may take to compel ! ,au?ority to rem$y defici5cies1 & any o!r recomm5dations ( ! ,inspector ,g5]al4 #dje4 ,,fha report+ requirem5ts on safety & s\ndness 7a7 ,mon?ly report+ on ,mutual ,mortgage ,insurance ,fund capital ratio ,section #bjb7;a7 ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjh7;a77 is am5d$ by add+ at ! end ! foll[+3 7#h7 ,o!r requir$ report+ ,! ,secret>y %all-- 7,a7 submit to ,congress mon?ly reports on ! capital ratio requir$ "u section #bje7;f77#b72 & 7,b7 notify ,congress z soon z practicable aft] ! ,fund falls bel[ ! capital ratio requir$ "u section #bje7;f77#b74 4 7b7 ,fir/-,"t homebuy]s 7#a7 ,def9itions ,9 ?is section-- 7,a7 ! t]ms consum] report has ! mean+ giv5 ! t]m 9 section #fjc ( ! ,fair ,cr$it ,report+ ,act 7#ae ,u4,s4,c4 #afha;a72 & 7,b7 ! t]m ,f$]ally back$ mortgage loan has ! mean+ giv5 ! t]m 9 section #djbb ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijef74 7#b7 ,def9ition ( fir/-"t homebuy] ,= purposes ( qualify+ = a ,f$]ally back$ mortgage loan = :i* a consum] report is furni%$ to a cr$itor by a consum] report+ ag5cy describ$ 9 section #fjc7p7 ( ! ,fair ,cr$it ,report+ ,act 7#ae ,u4,s4,c4 #afha;a7p771 a fir/-"t homebuy] %all be def9$ z a borr[] ^: consum] report does n indicate t ! borr[] has or _h a loan ) a consum] purpose t is secur$ by a #a- to #d-unit resid5tial real prop]ty4 7c7 ,,gao /udy on su/a9able home[n]%ip ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all conduct a /udy & submit to ,congress a report on-- 7#a7 ! value = ! ,f$]al ,h\s+ ,adm9i/ration ( def9+ :at is su/a9able home[n]%ip 9 way t consid]s borr[] default1 ref9anc+ to a non-insur$ mortgage product1 pay+ (f a mortgage loan & transition+ back to r5t+1 & o!r factors t demon/rate :e!r insurance provid$ "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq47 has successfully s]v$ a borr[]1 includ+ = fir/-"t homebuy]s z def9$ 9 subsection 7b77#b72 & 7#b7 ! feasibility ( ! ,f$]al ,h\s+ ,adm9i/ration develop+ a scorec>d us+ ! metrics describ$ 9 p>agraph 7#a7 to measure borr[] p]=mance & report+ ! scorec>d data to ,congress4 #djf4 ,combatt+ squatt+ 7a7 ,congressional f9d+s ,! ,congress f9ds t-- 7#a7 unlawfully ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own] c be def9$ z squatt+ & %\ld n conf] any special /atus z a t5ant or lawful occupant ( ! prop]ty2 7#b7 local law en=cem5t %\ld take actions to exp$iti\sly remove f a prop]ty any p]sons or p]sons engag+ 9 squatt+ & %\ld prosecute su* actions z prescrib$ by local law2 7#c7 ,f$]al ,gov]nm5t b5efits1 includ+ loans1 loan gu>antees1 subsidies1 & tax cr$its1 %\ld n be us$ to re9=ce1 condone1 or o!rwise inc5tivize squatt+2 & 7#d7 real e/ate collat]al secur+ a gov]nm5t or gov]nm5t-sponsor$ ent]prise loan1 or subject to a loan gu>antee1 mortgage insurance or o!r ,f$]al mortgage support program mu/ be protect$ f p]sons engag+ 9 squatt+ z x creates undue risks = ! value ( su* prop]ty4 7b7 ,prohibition on ,,cdbg fund+ ,section #ajd ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecjd7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,)hold+ ( funds = jurisdictions t p]mit squatt+ 7#a7 ,prohibition ,! ,secret>y %all1 by regulation-- 7,a7 prohibit ! allocation & provision ( funds "u ?is title = any unit ( g5]al local gov]nm5t t p]mits squatt+ or conf]s special /atus = rights ( t5ancy = a p]son or p]sons engag+ 9 ! practice ( squatt+2 & 7,b7 provide =-- 7i7 units ( g5]al local gov]nm5t to take corrective actions to rem$y ! applicability ( ! prohibition "u subp>agraph 7,a7 to su* unit ( g5]al local gov]nm5t2 & 7ii7 c]tification by ! ,secret>y ^u a det]m9ation t su* actions tak5 by a unit ( g5]al local gov]nm5t are suffici5t = ! unit ( g5]al local gov]nm5t to receive funds "u ?is title4 7#b7 ,public notice ,! ,secret>y %all make publicly available = ea* fiscal ye> a li/ ( all units ( g5]al local gov]nm5t t are prohibit$ by p>agraph 7#a7 f receiv+ funds "u ?is title & ! ju/ification = inclusion 9 ! li/ ( ea* su* unit ( g5]al local gov]nm5t4 7#c7 ,squatt+ ,= purposes ( ?is subsection1 ! t]m squatt+ means ! practice ( ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = #ad or m consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own]4 4 7c7 ,prohibition on ,f$]al mortgage support 7#a7 ,prohibition ,no ,f$]al support may be provid$ = any loan t is secur$ by a fir/ or subord9ate li5 on resid5tial real prop]ty 7includ+ individual units ( condom9iums & coop]atives7 & design$ pr9cipally = ! occupancy ( f #a- to #d-;families if ! prop]ty secur+ su* loan is locat$ 9 a unit ( g5]al local gov]nm5t t is1 at su* "t1 prohibit$ f receiv+ funds "u title ,i ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd by section #ajd7n77#a77;,a7 ( su* ,act4 7#b7 ,regulations ,! heads ( ! cov]$ ag5cies %all jo9tly develop1 by regulations issu$ n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 guidel9es = su* cov]$ ag5cies to c>ry out ?is subsection4 7#c7 ,def9itions ,= purposes ( ?is subsection1 ! foll[+ def9itions %all apply3 7,a7 ,cov]$ ag5cy ,! t]m cov]$ ag5cy means-- 7i7 ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t2 7ii7 ! ,f$]al ,h\s+ ,f9ance ,ag5cy2 7iii7 ! ,dep>tm5t ( ,vet]ans ,affairs2 & 7iv7 ! ,dep>tm5t ( ,agriculture4 7,b7 ,f$]al support ,! t]m ,f$]al support means1 ) respect to a loan-- 7i7 insurance ( ! loan by ! ,f$]al ,h\s+ ,adm9i/ration "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq472 7ii7 insurance ( ! loan "u section #bee ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaez-#bj72 7iii7 gu>antee ( ! loan "u section #ahd or #ahd;,a ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a1 #agaez-#ac;b72 7iv7 gu>antee or insurance ( ! loan by ! ,dep>tm5t ( ,vet]ans ,affairs2 7v7 gu>antee or insurance ( ! loan by ! ,dep>tm5t ( ,agriculture2 7vi7 mak+ ( ! loan by ! ,dep>tm5t ( ,agriculture2 or 7vii7 pur*ase or securitization ( ! loan by ! ,f$]al ,home ,loan ,mortgage ,corporation or ! ,f$]al ,national ,mortgage ,association4 7,c7 ,squatt+ ,! t]m squatt+ means ! practice ( ent]+ a prop]ty )\t ! p]mission ( ! prop]ty own] & resid+ 9 t prop]ty = #ad or m consecutive days )\t ! p]mission ( ! prop]ty own] & )\t ! paym5t ( r5t or a r5tal contract agre$ to by ! prop]ty own]4 #djg4 ,reallocation ( v\*] fund+ ,section #h7o7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg is am5d$ by add+ at ! end ! foll[+3 7#bd7 ,reallocation ( am\nts ,! ,secret>y %all1 at ! end ( ea* fiscal ye>-- 7,a7 recapture f ea* public h\s+ ag5cy any am\nts provid$ to su* public h\s+ ag5cy = t5ant-bas$ assi/ance "u p>agraph 7#a77;,a7 t su* public h\s+ ag5cy did n obligate dur+ su* fiscal ye>2 & 7,b7 provide am\nts recaptur$ "u subp>agrah 7,a7 to public h\s+ ag5cies t us$ all ( ! am\nts provid$ to !m = t5ant-bas$ assi/ance "u p>agraph 7#a77;,a74 4 ,v ,regulatory flexibility #eja4 ,au?orization ( ,mov+ to ,"w ,program 7a7 ,program re=ms ,section #bjd ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note7 is am5d$-- 7#a7 9 ! section head+1 by /rik+ demon/ration & ins]t+ program2 7#b7 by /rik+ subsection 7a7 & ins]t+ ! foll[+3 7a7 ,purposes ,! purposes ( ! program "u ?is section are z foll[s3 7#a7 ,economic indep5d5ce ,to develop measures to promote economic indep5d5ce = families ) *ildr5 ^: head ( h\sehold is work+1 seek+ "w1 or prep>+ = "w1 = able-bodi$ individuals1 & = p]sons ) disabilities :o are able to "w on a limit$ basis1 to obta9 employm5t & become economically indep5d5t1 by p>ticipat+ 9 job tra9+1 educational programs1 or o!r supportive s]vices & programs t assi/ 9 meet+ su* goal4 7#b7 ,flexibility & co/-effectiv5ess ,to give public h\s+ ag5cies & ! ,secret>y ( ,h\s+ & ,urban ,developm5t ! flexibility to design & implem5t v>i\s approa*es = provid+ & adm9i/]+ h\s+ assi/ance t r$uce co/ & a*ieve great] co/ effectiv5ess 9 ,f$]al exp5ditures4 7#c7 ,h\s+ *oice ,to increase h\s+ *oices = l[-income families4 2 7#c7 9 subsection 7b7-- 7,a7 by /rik+ 7b7 ,program au?ority4--,! ,secret>y & ins]t+ ! foll[+3 7b7 ,program au?ority 7#a7 ,9 g5]al ,! ,secret>y 2 7,b7 9 ! fir/ s5t5ce1 by /rik+ conduct a demon/ration program & all t foll[s ?r\gh ,indian h\s+ program & & ins]t+ c>ry out a program "u ?is section "u :i* public h\s+ ag5cies adm9i/]+ ! public h\s+ program or2 7,c7 by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,!re %all be no limitation on ! numb] ( public h\s+ ag5cies t may p>ticipate 9 ! program "u ?is section42 7,d7 by /rik+ ,! ,secret>y %all & all t foll[s ?r\gh demon/ration4 & ins]t+ ! foll[+3 7#b7 ,id5tification ( replicable models ,! ,secret>y %all provide tra9+ & te*nical assi/ance "u ! program & conduct detail$ evaluations ( v>i\s ag5cies to id5tify replicable program models promot+ ! purposes ( ! program4 2 7,e7 by /rik+ ,"u ! demon/ration & ins]t+ ! foll[+3 7#c7 ,comb9ation ( assi/ance ,"u ! program "u ?is section 2 & 7,f7 by /rik+ op]at+ assi/ance provid$ "u section #i ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg1 mod]nization assi/ance provid$ "u section #ad & ins]t+ am\nts provid$ to ! ag5cy f ! ,op]at+ ,fund "u section #i7;e7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg1 am\nts provid$ to ! ag5cy f ! ,capital ,fund "u section #i7;d72 7#d7 9 subsection 7c7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ demon/ration & ins]t+ program "u ?is section2 7,b7 9 p>agraph 7#a71 by /rik+ #i1 & #ad & ins]t+ #i7;d71 & #i7;e72 7,c7 9 p>agraph 7#c7-- 7i7 9 subp>agraph 7,a71 by /rik+ demon/ration2 7ii7 9 subp>agraph 7,b7-- 7,i7 by /rik+ self-suffici5cy & ins]t+ economic indep5d5ce2 & 7,,ii7 by /rik+ purpose ( ?is demon/ration & ins]t+ purpose ( ! program "u subsection 7a77#a72 7iii7 9 subp>agraph 7,d71 by /rik+ demon/ration & ins]t+ program "u ?is section22 7iv7 9 subp>agraph 7,e71 by /rik+ demon/ration program & ins]t+ program "u ?is section2 7v7 by r$esignat+ subp>agraphs 7,a71 7,b71 7,c71 7,d71 & 7,e7 z subp>agraphs 7,b71 7,c71 7,d71 7,g71 & 7,h71 respectively2 7vi7 by ins]t+ be=e subp>agraph 7,b71 z s r$esignat$1 ! foll[+3 7,a7 actions to be tak5 "u ! propos$ program to a*ieve ! purposes ( ! program "u p>agraphs 7#a71 7#b71 & 7#c7 ( subsection 7a72 2 & 7vii7 by ins]t+ aft] subp>agraph 7,d71 z s r$esignat$1 ! foll[+3 7,e7 h>d%ip exceptions consi/5t ) ! purposes "u subsection 7a7 "u :i* t5ants may be tempor>ily exempt$ f compliance ) ! program op]at$ by ! ag5cy 9 ! ev5t ( ext5uat+ circum/ances prev5t+ su* compliance & a process t provides t5ants ) rec\rse to a spe$y det]m9ation reg>d+ su* an exception & makes available ! cont5ts & results ( su* a det]m9ation available to ! public & ! bo>d ( directors or o!r gov]n+ body on reque/ ( ! t5ant conc]n$ or ! director or o!r head (ficial ( ! ag5cy2 7,f7 provid+ assi/$ families & p>ticipants 9 ! program op]at$ by ! ag5cy ) an in=mal adm9i/rative he>+ or grievance process1 prior to any eviction or t]m9ation ( assi/ance1 :i* process %all make ! cont5t & det]m9ation ( ! he>+ available to ! public & ! bo>d ( directors or o!r gov]n+ body on reque/ ( ! t5ant conc]n$ or ! director or o!r head (ficial ( ! ag5cy2 2 & 7,d7 9 p>agraph 7#d71 by /rik+ demon/ration & ins]t+ propos$ program2 7#e7 9 subsection 7d7-- 7,a7 by /rik+ 7d7 ,selection4--,9 select+ among applications1 ! ,secret>y %all take into acc\nt ! & ins]t+ ! foll[+3 7d7 ,applications = p>ticipation 7#a7 ,submission2 /&>ds = p>ticipation ,! ,secret>y %all provide = public h\s+ ag5cies to submit applications = p>ticipation 9 ! program "u ?is section & %all e/abli%1 & make public1 /&>ds & requirem5ts = p>ticipation t fur!r ! purposes ( ?is program set =? 9 subsection 7a71 :i* %all-- 7,a7 provide t all public h\s+ ag5cies n designat$ z tr\bl$ pursuant to "p #ijb or subp>t ,b ( "p #ihe1 ,code ( ,f$]al ,regulations1 at any "t dur+ ! mo/ rec5t #b fiscal ye>s are invit$ to submit applications = consid]ation2 7,b7 provide t p>ticipation ( a public h\s+ ag5cy1 ^u approval1 %all be = a p]iod n %ort] ?an #aj ye>s2 7,c7 include a common set ( budget metrics = use "u ! program t all[ = comp>ison ( ! p]=mance ( diff]5t public h\s+ ag5cies "u ! program2 7,d7 require t ea* public h\s+ ag5cy include 9 its application-- 7i7 a li/ ( innovative proposals to be c>ri$ out "u ! program t are design$ to r$uce ! co/ (1 & increase ! co/-effici5cy (1 h\s+ provid$ 9 connection ) ! program & metrics to assess ! progress ( ! ag5cy t[>d su* goals2 & 7ii7 a li/ ( innovative mann]s 9 :i* ! public h\s+ ag5cy w use ! au?orities "u ! program to assi/ families1 goals reg>d+ su* activities to accompli% on an annual basis1 & metrics to assess ! progress ( ! ag5cy t[>d su* goals2 & 7,e7 include a plan = us+1 to ! greate/ ext5t feasible1 electronic data-mat*+ = income v]ification s]vices4 7#b7 ,det]m9ation & notification 7,a7 ,review & det]m9ation ,^u receipt ( an application = p>ticipation 9 ! program "u ?is section1 ! ,secret>y %all provide = review su* application by a selection panel compris$ ( ,f$]al (ficials & employees & e/abli%$ by ! ,secret>y = su* purpose4 ,bas$ on su* review1 su* selection panel %all make a det]m9ation ( :e!r to approve su* ag5cy = p>ticipation 9 ! program "u ?is section1 bas$ on ! crit]ia "u p>agraph 7#d74 7,b7 ,notification ,^u mak+ a det]m9ation pursuant to subp>agraph 7,a71 ! selection panel %all notify ! public h\s+ ag5cy1 ! ,secret>y1 & ! gov]nm5ts = any c\nties & municipalities 9 :i* ! jurisdiction ( ! public h\s+ ag5cy is locat$ ( su* det]m9ation4 ,9 ! case ( disapproval ( an application1 su* notice %all include a /atem5t specify+ ! reasons = su* disapproval4 7#c7 ,transition 7,a7 ,num]ical limitation 7i7 ,9 g5]al ,! ,secret>y %all review & process su* applications z to enable ! transition ( n less ?an #be public h\s+ ag5cies p] ye> to ! program "u ?is section 7subject to approvable applications71 until su* "t z !re are n #be public h\s+ ag5cies ^: applications m]it approval4 7ii7 ,res]v$ spots = small & rural ,p,h,as ,( ! applications ( public h\s+ ag5cies approv$ 9 ea* ye> pursuant to clause 7i71 n less ?an #aj %all be applications ( public h\s+ ag5cies t adm9i/]1 9 ! aggregate1 few] ?an #f1jjj v\*]s = r5tal assi/ance "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7 & public h\s+ dwell+ units1 except t if = any ye> ! ,secret>y receives few] ?an #aj applications by public h\s+ ag5cies describ$ 9 ?is clause t m]it approval1 ! requirem5t "u ?is clause %all apply = su* ye> only to ! ext5t ( ! numb] ( su* approvable applications receiv$4 7iii7 ,treatm5t ( new ,,mtw ag5cies ,any ag5cy t is newly transition$ "u ?is subp>agraph to p>ticipation 9 ! program z 9 effect pursuant to ! am5dm5ts made by ?is ,act %all c\nt t[>d fulfillm5t ( ! num]ical limitation 9 clause 7i71 not)/&+ ! au?ority "u section #bci ( ! ,transportation1 ,h\s+ & ,urban ,developm5t1 & ,relat$ ,ag5cies ,appropriations ,act1 #bjaf 7division ,l ( ,public ,law #aad-aac7 or any o!r provision ( law o!r ?an ?is section au?oriz+ p>ticipation ( new ag5cies4 7,b7 ,contract revisions ,! ,secret>y %all1 f "t to "t & 9 consultation ) public h\s+ ag5cies1 am5d contracts = p>ticipation by ag5cies 9 ! program "u ?is section z may be necess>y1 bas$ on exp]i5ces ( ag5cies t h p>ticipat$ 9 ! program1 to correct mi/akes & bett] a*ieve ! goals ( ?is program set =? 9 subsection 7a74 7,c7 ,r5ewal ( c]tification 7i7 ,9 g5]al ,! ,secret>y %all provide t ^u expiration ( a contract = p>ticipation by a public h\s+ ag5cy 9 ! program "u ?is section1 to cont9ue p>ticipat+ 9 ! program ! ag5cy %all be requir$ to rec]tify ) ! ,secret>y = su* r5ew$ p>ticipation4 ,! /&>ds & requirem5ts applicable to applications = initial p>ticipation 9 ! program %all also apply to applications = r5ew$ p>ticipation 9 ! program4 7ii7 ,treatm5t ( num]ical limitation ,an ag5cy approv$ = cont9u$ p>ticipation 9 ! program pursuant to rec]tification "u ?is subp>agraph %all n c\nt t[>d fulfillm5t ( ! num]ical limitation 9 subp>agraph 7,a77i74 7#d7 ,crit]ia ,! ,secret>y %all e/abli% crit]ia = approval ( applications ( public h\s+ ag5cies = p>ticipation 9 ! program "u ?is section1 :i* %all provide = approval ( applications t are reasonably design$ to c>ry out ! purposes ( ! program "u subsection 7a74 ,su* crit]ia %all take into consid]ation ! capacity & 2 7,b7 by /rik+ ea* & ins]t+ !2 7,c7 by /rik+ a program "u ! demon/ration & ins]t+ ! propos$ program 9 ! application2 & 7,d7 by /rik+ an ag5cy & ins]t+ ! ag5cy2 7#f7 9 subsection 7e7-- 7,a7 9 p>agraph 7#a71 by /rik+ ?is demon/ration & ins]t+ ! program "u ?is section2 & 7,b7 9 p>agraph 7#b71 by /rik+ demon/ration & ins]t+ program "u ?is section2 7#g7 9 subsection 7f71 by /rik+ section #i1 or pursuant to section #ad by a public h\s+ ag5cy p>ticipat+ 9 ! demon/ration "u ?is "p & ins]t+ ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg1 or provid$ f ! ,op]at+ ,fund "u section #i7;e7 or f ! ,capital ,fund "u section #i7;d7 ( su* ,act1 by a public h\s+ ag5cy p>ticipat+ 9 ! program "u ?is section2 7#h7 9 subsection 7g7-- 7,a7 9 p>agraph 7#a71 by ins]t+ 1 includ+ p]=mance 9 a*iev+ ea* ( ! purposes ( ! program specifi$ 9 subsection 7a72 7,b7 9 p>agraph 7#b7-- 7i7 9 ! fir/ s5t5ce-- 7,i7 by ins]t+ 1 & includ+ su* cont5t1 z %all be be=e specifi$ by ! ,secret>y2 & 7,,ii7 by ins]t+ 1 b n less (t5 ?an annually be=e ! p]iod at ! end2 & 7ii7 by /rik+ subp>agraph 7,c7 & ins]t+ ! foll[+3 7,c7 describe & analyze ! effects ( ! program ( ! ag5cy & ! assi/$ activities "u su* program 9 address+ & a*iev+ ! objectives ( ! program "u ?is section & ea* ( ! purposes specifi$ 9 subsection 7a71 includ+ ! effects ( ! program on-- 7i7 ! numb] ( new families ! ag5cy has be5 able to assi/ f ! wait+ li/s = h\s+ assi/ance t is adm9i/]$ by ! ag5cy1 includ+ v\*]s = r5tal assi/ance "u section #h7o7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7o77 & dwell+ units 9 public h\s+ & 9 h\s+ assi/$ ) project-bas$ section #h assi/ance1 z a result ( ! flexibility ( funds & a*ievem5t ( economic indep5d5ce2 7ii7 ! co/ & annual *ange1 p] family p>ticipat+ 9 ! program1 ( provid+ h\s+ assi/ance ref]r$ to 9 clause 7i7 t is adm9i/]$ by ! ag5cy2 7iii7 any co/ sav+s & additional h\s+ result+ f ! program2 7iv7 ! h\sehold incomes1 & *anges 9 su* incomes1 ( memb]s ( families p>ticipat+ 9 ! program :o are n exempt f "w requirem5ts2 & 7v7 su* o!r factors z ! ,secret>y consid]s appropriate4 2 7,c7 by r$esignat+ p>agraphs 7#c7 & 7#d7 z p>agraphs 7#e7 & 7#f72 & 7,d7 by ins]t+ aft] p>agraph 7#b7 ! foll[+ new p>agraphs3 7#c7 ,annual budget plan 7,a7 ,requirem5t ,ea* ag5cy %all submit annually to ! ,secret>y1 toge!r ) ! report "u p>agraph 7#b71 a budget plan = ! program ( ! ag5cy = ! upcom+ ye> & %all make su* budget plan publicly available4 7,b7 ,=m & metrics ,ea* annual budget plan %all be set =? 9 a /&>d =m1 prescrib$ by ! ,secret>y & %all utilize a common budget metric t all[s = comp>ison ( ! budget plans ( all public h\s+ ag5cies p>ticipat+ 9 ! program4 7,c7 ,cont5t ,ea* annual budget plan %all include su* cont5t z ! ,secret>y %all specify1 :i* %all include-- 7i7 a description & explanation ( all new rules & policy *anges adopt$ by ! ag5cy 9 accordance ) ?is section & ! program "u ?is section &1 ) respect to su* new rules & policy *anges-- 7,i7 a description ( ! effect su* rules & *anges w h on ! op]ation ( ! ag5cy z comp>$ to ! prec$+ ye> & z comp>$ to ! op]ations ( ! ag5cy o!r ?an "u ! program "u ?is section2 7,,ii7 a description ( ! ext5t to :i* su* rules & *anges help$ to a*ieve ! annual goals id5tifi$ 9 ! public h\s+ ag5cy's application pursuant to subsection 7d77#a77;,e7 &1 9 ! case ( any su* goals n a*iev$1 a description ( ! ext5t to :i* su* goals 7 n a*iev$ & ! reasons = su* failure2 & 7,,iii7 :e!r ! adoption ( su* new rules & policy *anges requir$ an adju/m5t 9 ! annual goals id5tifi$ 9 ! public h\s+ ag5cy's application pursuant to subsection 7d77#a72 7ii7 a plan = all capital assets & anticipat$ con/ruction & rehabilitation activities ( ! public h\s+ ag5cy 9 ! upcom+ ye> & a description ( :e!r & h[ su* activities are au?oriz$ & assi/$ "u ! program "u ?is section2 & 7iii7 assurances satisfactory to ! ,secret>y t su* plan w con=m ) all applicable provisions ( ! ,civil ,rights ,act ( #aifd 7#db ,u4,s4,c4 #bjjj;d et seq471 ! ,fair ,h\s+ ,act 7#db ,u4,s4,c4 #cfja et seq471 ! ,rehabilitation ,act ( #aigc 7#bi ,u4,s4,c4 #gja et seq471 & ! ,am]icans ) ,disabilities ,act ( #aiij 7#db ,u4,s4,c4 #abaja et seq474 7#d7 ,public & resid5t p>ticipation 7,a7 ,notification ( resid5ts ,ea* public h\s+ ag5cy %all annually hold a meet+ to notify all assi/$ families p>ticipat+ 9 ! program ( ! public h\s+ ag5cy ( ! cont5ts ( ! report "u p>agraph 7#b7 = su* ye> & budget plan "u p>agraph 7#c7 = su* ye> & impacts on su* assi/$ families4 ,any public h\s+ ag5cy t assi/s1 9 ! aggregate1 m ?an #ej1jjj families or assi/s families 9 multiple c\nties %all hold z _m meet+s z necess>y to provide ea* assi/$ family a good-fai? opportunity to att5d su* a meet+4 7,b7 ,public comm5t ,ea* annual report "u p>agraph 7#b7 & annual plan "u p>agraph 7#c7 %all-- 7i7 be made available = inspection & public comm5t #cj days be=e ! meet+ requir$ by subp>agraph 7,a7 reg>d+ su* plan or report2 & 7ii7 be approv$ 9 a public meet+ ( ! bo>d ( directors or o!r gov]n+ body ( ! public h\s+ ag5cy be=e submission to ! ,secret>y4 7,c7 ,public availability ,ea* annual report "u p>agraph 7#b7 & annual plan "u p>agraph 7#c7 %all1 ^u submission to ! ,secret>y1 be made publicly available & %all include all comm5ts provid$ pursuant to subp>agraph 7,b74 2 7#i7 9 subsection 7h7-- 7,a7 9 p>agraph 7#a71 by /rik+ demon/ration & ins]t+ program "u ?is section2 & 7,b7 by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 ,review ,! ,secret>y %all annually review ! activities ( ea* public h\s+ ag5cy p>ticipat+ 9 ! program "u ?is section &1 bas$ on su* review & ! in=mation submitt$ by ! ag5cy pursuant to subsection 7g71 det]m9e-- 7,a7 ! impact & effectiv5ess ( ! public h\s+ ag5cy's program & activities 9 a*iev+ ea* ( ! purposes ( ! program specifi$ 9 subsection 7a71 includ+ an assessm5t ( su* impact & effectiv5ess us+ ! common set ( budget metrics e/abli%$ pursuant to subsection 7d77#a77;,d72 7,b7 ! progress ( ! public h\s+ ag5cy t[>d meet+ ! goals id5tifi$ 9 ! public h\s+ ag5cy's application pursuant to subsection 7d77#a77;,e71 us+ ! metrics id5tifi$ 9 ! public h\s+ ag5cy's application pursuant to su* subsection2 & 7,c7 ! ext5t ( compliance by ! public h\s+ ag5cy ) ! requirem5ts ( ! program "u ?is section &1 9 det]m9+ su* ext5t ( compliance1 %all take into consid]ation ! unique *>act]i/ics ( ! public h\s+ ag5cy4 7#c7 ,v]ification ( accuracy ,9 assess+ in=mation submitt$ by public h\s+ ag5cies pursuant to subsection 7g7 & 9 review+ su* in=mation & mak+ det]m9ations pursuant to p>agraph 7#b7 ( ?is subsection1 ! ,secret>y %all c>ry out control activities & proc$ures design$ to v]ify ! accuracy ( su* in=mation1 :i* %all include audit+ a repres5tative sample ( su* in=mation us+ /&>d /ati/ical me?ods4 7#d7 ,cont9u$ p>ticipation ,! ,secret>y %all n t]m9ate ! p>ticipation ( any public h\s+ ag5cy 9 ! program "u ?is section unless ! ,secret>y f9ds t ! ag5cy-- 7,a7 is 9 mat]ial default ( ! conditions & obligations "u ! agreem5t ent]$ into betwe5 ! ag5cy & ! ,secret>y provid+ = su* p>ticipation2 7,b7 z demon/rat$ 9 its reports "u subsection 7g77#b7 & its annual budget plans "u subsection 7g77#c71 has p]si/5tly fail$ to meet ! goals id5tifi$ 9 its application1 & ! reasons or circum/ances specifi$ 9 ! public h\s+ ag5cy's reports & plans = su* failure are n suffici5t to ju/ify ! cont9u$ failure2 7,c7 has misus$ or misappropriat$ funds2 7,d7 has fail$ to make a good fai? ef=t to c>ry out ! purposes ( ! program specifi$ 9 subsection 7a72 or 7,e7 has fail$ to cure a mat]ial defici5cy 9 p]=mance aft] notice & an opportunity to correct ! defici5cy4 7#e7 ,corrective action program ,! ,secret>y %all c>ry out a program-- 7,a7 to id5tify public h\s+ ag5cies p>ticipat+ 9 ! program "u ?is section t are at risk ( t]m9ation ( su* p>ticipation pursuant to p>agraph 7#f72 7,b7 to consult ) su* public h\s+ ag5cies reg>d+ actions t may be tak5 to avoid su* t]m9ation2 7,c7 to e/abli% goals & timel9es = su* corrective actions2 & 7,d7 to provide appropriate te*nical assi/ance design$ to facilitate su* actions & avoid su* t]m9ation4 7#f7 ,t]m9ation ( p>ticipation ,any public h\s+ ag5cy ^: p>ticipation 9 ! program "u ?is section is t]m9at$ %all be subject to ! provisions ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg et seq47 & all o!r provisions ( law applicable to public h\s+ ag5cies n p>ticipat+ 9 ! program1 except t ! ,secret>y %all provide a transition p]iod1 t beg9s ^u su* t]m9ation & is n %ort] ?an #ah mon?s1 = su* public h\s+ ag5cies to come into compliance ) su* laws4 7#g7 ,reports to ,congress ,n lat] ?an ! expiration ( ! #e-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 & n lat] ?an ! expiration ( ea* successive #e-ye> p]iod !reaft]1 ! ,secret>y %all submit a report to ! ,congress reg>d+ ! program "u ?is section & ! results ( ! reviews conduct$ "u p>agraph 7#b71 :i* %all-- 7,a7 evaluate ! programs c>ri$ out by public h\s+ ag5cies p>ticipat+ 9 ! program1 includ+ ) respect to ea* ( ! purposes specifi$ 9 subsection 7a72 & 7,b7 include f9d+s & recomm5dations = appropriate legislative *anges to ! program4 7#h7 ,,gao reviews & reports ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 & n less frequ5tly ?an e #h ye>s !reaft]1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7,a7 conduct & complete a review ( ! program "u ?is section1 :i* %all include exam9ation & analysis ( ! implem5tation ( ! program & id5tification ( any %ortcom+s & any means = improv+ ! program2 & 7,b7 submit to ! ,congress a report reg>d+ ! review1 :i* %all set =? a detail$ description ( su* implem5tation1 any %ortcom+s ( ! program id5tifi$1 & recomm5dations = improv+ ! program4 2 7#aj7 9 subsection 7i7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ section #ad ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg = fiscal ye>s #aiif1 #aiig1 & #aiih & ins]t+ ! ,capital ,fund "u section #i7;d7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 9 ea* fiscal ye>2 & 7,b7 9 p>agraph 7#a77;,b71 by /rik+ up to #aj2 & 7#aa7 by /rik+ subsection 7j74 7b7 ,treatm5t ( p>ticipat+ ag5cies 7#a7 ,cont9uation ( p>ticipation ,?is section & ! am5dm5ts made by ?is section %all n affect ! /atus ( any public h\s+ ag5cy t1 z ( ! date ( ! enactm5t ( ?is ,act1 is p>ticipat+ 9 ! ,mov+ to ,"w ,program "u section #bjd ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note71 z su* a p>ticipat+ ag5cy4 7#b7 ,election ,any public h\s+ ag5cy ref]r$ to 9 p>agraph 7#a7 may elect-- 7,a7 to cont9ue p>ticipation 9 ! ,program "u section #bjd ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note7 "u ! t]ms ( ! agreem5t ent]$ into betwe5 ! ag5cy & ! ,secret>y provid+ = su* p>ticipation until ! date ( ! expiration ( su* agreem5t2 or 7,b7 at any "t be=e date ( ! expiration ( su* agreem5t1 to transition to p>ticipation "u ! program "u su* section #bjd1 z am5d$ by ?is ,act4 7#c7 ,conv]sion to re=m$ program 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b7 ( ?is p>agraph1 any public h\s+ ag5cy t elects pursuant to p>agraph 7#b77;,a7 ( ?is subsection to cont9ue p>ticipation 9 ! ,program "u section #bjd ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note7 %all1 ^u ! expiration ( ! agreem5t ref]r$ to 9 su* p>agraph1 be consid]$ to h be5 approv$ = p>ticipation 9 ! ,program "u su* section #bjd1 z am5d$ by ?is ,act1 & ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all provide = ! transition ( ! ag5cy to p>ticipation "u ! ,program "u su* section z s am5d$4 7,b7 ,inapplicability ,subp>agraph 7,a7 %all n apply to any public h\s+ ag5cy t is det]m9$ by ! ,secret>y to be 9 mat]ial default1 ^u ! expiration ( ! agreem5t ref]r$ to 9 p>agraph 7#b77;,a71 ( ! conditions & obligations "u su* agreem5t4 7#d7 ,inapplicability ( num]ical limitation ,any public h\s+ ag5cy transition$ pursuant to p>agraph 7#b77;,b7 or 7#c77;,a7 ( ?is subsection to p>ticipation "u ! program "u section #bjd ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note71 z am5d$ by ?is section1 %all n c\nt t[>d fulfillm5t ( ! num]ical limitation "u section #bjd7;d77#c77;,a7 ( ! ,dep>tm5ts ( ,vet]ans ,affairs & ,h\s+ & ,urban ,developm5t1 & ,indep5d5t ,ag5cies ,appropriations ,act1 #aiif 7#db ,u4,s4,c4 #adcg;f note71 z add$ by ! am5dm5t made by ?is section4 #ejb4 ,rescission ( ,public & ,indian ,h\s+ ,notice #bjba-ah ,! ,public & ,indian ,h\s+ ,notice #bjba-ah ( ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t is h]eby resc9d$4 ,,vi ,improv+ f9ancial lit]acy reg>d+ h\s+ #fja4 ,re=ms to h\s+ c\nsel+ & f9ancial lit]acy programs 7a7 ,9 g5]al ,section #ajf7;a77#d7 ( ! ,h\s+ & ,urban ,developm5t ,act ( #aifh 7#ab ,u4,s4,c4 #agjax7a77#d77 is am5d$-- 7#a7 9 subp>agraph 7,b7-- 7,a7 by /rik+ ,! ,secret>y & ins]t+ ! foll[+3 7i7 ,9 g5]al ,! ,secret>y 2 & 7,b7 by add+ at ! end ! foll[+3 7ii7 ,requirem5t ,! ,secret>y %all require ea* organization receiv+ assi/ance "u ?is p>agraph to employ individuals provid+ h\s+ c\nsel+ :o-- 7,i7 are c]tifi$ to und]/& su/a9able home[n]%ip2 & 7,,ii7 pass requir$ exam9ations t det]m9e ! ability ( ! individual to c\nsel borr[]s on responsible home[n]%ip4 7iii7 ,susp5sion ( c]tification ,if an individual employ$ by an organization t receives assi/ance "u ?is p>agraph provides c\nsel+ s]vices to borr[]s :o1 aft] receiv+ ^? s]vices1 h default rates t exce$ ! av]age default rates = borr[]s c\nsel$ by individuals 9 ! area s]v$ by ! organization1 ! ,secret>y-- 7,i7 %all susp5d ! c]tification f ! individual2 & 7,,ii7 may d5y future assi/ance "u ?is p>agraph to t organization4 7iv7 ,prohibition on lobby+ activities ,an organization t applies = or receives assi/ance "u ?is p>agraph %all n engage 9 political activities1 advocacy1 or lobby+1 :e!r directly or ?r\gh o!r p>ties4 2 & 7#b7 by add+ at ! end ! foll[+3 7,f7 ,set asides ,! ,secret>y %all set aside #dj p]c5t ( am\nts au?oriz$ to c>ry out ?is p>agraph = organizations t provide r5tal c\nsel+ or pre-=eclosure c\nsel+4 7,g7 ,geographic div]sity ,9 mak+ grants "u ?is p>agraph1 ! ,secret>y %all ensure t ! recipi5ts are geographically div]se & include organizations t s]ve urban & rural areas4 4 7b7 ,requir+ prepur*ase & =eclosure mitigation c\nsel+ 7#a7 ,cov]$ mortgage loan def9$ ,9 ?is subsection1 ! t]m cov]$ mortgage loan means any loan :i* is secur$ by a fir/ or subord9ate li5 on resid5tial real prop]ty 7includ+ individual units ( condom9iums & coop]atives7 design$ pr9cipally = ! occupancy ( f #a- to #d-;families t is-- 7,a7 insur$ by ! ,f$]al ,h\s+ ,adm9i/ration "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq472 7,b7 insur$ "u section #bee ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaez-#bj72 7,c7 gu>ante$ "u section #ahd or #ahd;,a ( ! ,h\s+ & ,community ,developm5t #c ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a1 #agaez-#d #ac;b72 7,d7 gu>ante$ or insur$ by ! ,dep>tm5t ( ,agriculture2 or 7,e7 made by ! ,dep>tm5t ( ,agriculture4 7#b7 ,requirem5t = pur*as]s ,be=e pur*as+ resid5tial real prop]ty t secures a cov]$ mortgage loan1 ! pur*as] %all p>ticipate 9 prepur*ase h\s+ c\nsel+4 7#c7 ,requirem5t = borr[]s ,a borr[] ) respect to a cov]$ mortgage loan :o is #cj days or m del9qu5t on paym5ts = ! cov]$ mortgage loan %all p>ticipate 9 =eclosure mitigation c\nsel+4