Summary

Housing and Community Development Act of 1992…

TRANSITION RULE.— For the purposes of determining compliance with the requirements of section 104 (6) of the Cranston-Gonzalez National Affordable Housing Act, the Secretary of Housing and Urban Development may provide an exception for organizations that meet the definition of community housing development organization, except for significant representation of low-income community residents on the board, if such organization fulfills such requirement within 6 months of receiving funds under title II of such Act or September 30, 1993, whichever is sooner.
Source: Wikisource

Housing and Community Development Act of 1992…

The Secretary shall give priority under this paragraph to providing technical assistance for organizations rehabilitating single family or multifamily housing owned or controlled by the Secretary pursuant to title II of the National Housing Act and which have women members in occupations in which women constitute 25 percent or less of the total number of workers in the occupation (in this section referred to as ``nontraditional occupations ́ ́) .
Source: Wikisource

Housing and Community Development Act of 1992…

IN GENERAL.— The Secretary shall reduce the matching requirement under subsection (a) with respect to any funds drawn from a jurisdiction's HOME Investment Trust Fund Account during a fiscal year by— `` (A) 50 percent for a jurisdiction that certifies that it is in fiscal distress; and `` (B) 100 percent for a jurisdiction that certifies that it is in severe fiscal distress. `` (2) DEFINITIONS.— For purposes of this section— `` (A) ``fiscal distress ́ ́ means a jurisdiction other than a State that satisfies 1 of the distress criteria set forth in paragraph (3)
Source: Wikisource

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