- affordable housing
includes permanent housing for disabled homeless persons, transitional housing, and single room occupancy housing.
- applicant
means the following entities that may represent the tenants of the housing:
- attainable housing
means housing that serves households earning not more than 120 percent of the area median income, if the majority of the housing units are affordable to households earning not more than 60 percent of the area median income.
- Board
means the Board of Directors of the National Homeownership Trust under section 12851(b) of this title.
- certification
means a written assertion, based on supporting evidence, which shall be kept available for inspection by the Secretary, the Inspector General and the public, which assertion shall be deemed to be accurate for purposes of this Act, unless the Secretary determines otherwise after inspecting the evidence and providing due notice and opportunity for comment.
- community housing development organization
means a nonprofit organization as defined in paragraph (5), that— In the case of an organization serving more than one county, the Secretary may not require that such organization, to be considered a community housing development organization for purposes of this Act, include as members on the organization’s governing board low-income persons residing in each county served.
- community land trust
means a nonprofit entity, a State, a unit of local government, or an instrumentality of a State or unit of local government that—
- converted housing unit
means a housing unit that is created using a covered grant.
- covered grant
means a grant awarded under the Pilot Program.
- displaced homemaker
means an individual who—
- eligible entity
means a participating jurisdiction.
- eligible family
means a family or individual—
- eligible property
means a single family property, containing no more than four units, that is owned or held by the Secretary, the Secretary of Veterans Affairs, the Secretary of Agriculture, the Resolution Trust Corporation, the Federal Deposit Insurance Corporation, the Secretary of Defense, the Secretary of Transportation, the General Services Administration, any other Federal agency, a State or local government (including any in rem property), or a public housing agency or an Indian housing authority (excluding public or Indian housing under the United States Housing Act of 1937 [42 U.S.C. 1437 et seq.] and including properties held by institutions within the jurisdiction of the Resolution Trust Corporation).
- energy efficient mortgage
means a mortgage that provides financing incentives for the purchase of energy efficient homes, or that provides financing incentives to make energy efficiency improvements in existing homes by incorporating the cost of such improvements in the mortgage.
- families
has the same meaning given that term by section 1437a of this title.
- first-time homebuyer
means an individual and his or her spouse who have not owned a home during the 3-year period prior to purchase of a home with assistance under subchapter II, except that—
- fiscal distress
means a jurisdiction other than a State that satisfies 1 of the distress criteria set forth in paragraph (3);
- Fund
means the National Homeownership Trust Fund established in section 12853 of this title.
- government-sponsored mortgage finance corporations
means the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Federal Agricultural Mortgage Corporation.
- home
means any 1- to 4-family dwelling.
- homeownership program
means a program for homeownership under this part.
- housing
includes manufactured housing and manufactured housing lots and elder cottage housing opportunity units that are small, free-standing, barrier-free, energy-efficient, removable, and designed to be installed adjacent to existing 1- to 4-family dwellings.
- Indian housing authority
has the meaning given such term in section 3(b)(11) 1 of the United States Housing Act of 1937.
- infill housing project
means a residential housing project that—
- insular area
means any of the following: Guam, the Northern Mariana Islands, the Virgin Islands, and American Samoa.
- jurisdiction
means a State or unit of general local government.
- low-income families
means families whose incomes do not exceed 80 percent of the median income for the area, as determined by the Secretary with adjustments for smaller and larger families, except that the Secretary may establish income ceilings higher or lower than 80 percent of the median for the area on the basis of the Secretary’s findings that such variations are necessary because of prevailing levels of construction costs or fair market rents, or unusually high or low family incomes.
- low-income family
has the meaning given such term in section 3(b)(2) of the United States Housing Act of 1937 [42 U.S.C. 1437a(b)(2)].
- metropolitan city
has the meaning given the term in section 5302(a)(4) of this title.
- metropolitan statistical area
means a metropolitan statistical area as established by the Office of Management and Budget.
- nonprofit organization
means any private, nonprofit organization (including a State or locally chartered, nonprofit organization) that—
- participating jurisdiction
means any State or unit of general local government that has been so designated in accordance with section 12746 of this title.
- Pilot Program
means the pilot program established under subsection (b).
- public housing agency
has the meaning given the term in section 1437a(b) of this title.
- recipient
means an applicant approved to receive a grant under this part or such other entity specified in the approved application that will assume the obligations of the recipient under this part.
- resident council
means any incorporated nonprofit organization or association that—
- Secretary
means the Secretary of Housing and Urban Development, unless otherwise specified in this Act.
- security
has the same meaning as in section 77b of title 15.
- self-help housing
means the same as in section 1490c of this title.
- severe fiscal distress
means a jurisdiction other than a State that satisfies both of the distress criteria set forth in paragraph (3).
- single parent
means an individual who—
- State
means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any agency or instrumentality thereof that is established pursuant to legislation and designated by the chief executive officer to act on behalf of the State with regard to the provisions of this Act.
- substantial rehabilitation
means the rehabilitation of residential property at an average cost in excess of $25,000 per dwelling unit.
- surplus cash flow
means the cash flow of the project after the payment of all amounts due under the first mortgage, operating expenses, and required replacement reserves, as determined by the participating jurisdiction.
- to demonstrate to the Secretary
means to submit to the Secretary a written assertion together with supporting evidence that, in the determination of the Secretary, supports the accuracy of the assertion.
- troubled public housing agency
means a public housing agency that, upon the effective date of the Quality Housing and Work Responsibility Act of 1998, is designated under section 6(j)(2) of the United States Housing Act of 1937 [42 U.S.C. 1437d(j)(2)] as a troubled public housing agency.
- Trust
means the National Homeownership Trust established in section 12851 of this title.
- unit of general local government
means a city, town, township, county, parish, village, or other general purpose political subdivision of a State;
- urban county
has the meaning given the term in section 5302(a)(6) of this title.
- vacant and abandoned building
means a property—
- very low-income families
means low-income families whose incomes do not exceed 50 percent of the median family income for the area, as determined by the Secretary with adjustments for smaller and larger families, except that the Secretary may establish income ceilings higher or lower than 50 percent of the median for the area on the basis of the Secretary’s findings that such variations are necessary because of prevailing levels of construction costs or fair market rents, or unusually high or low family incomes.