The purposes of this subchapter are—
11 See References in Text note below. to promote the ability of residents of eligible low-income housing to meaningfully participate in the preservation process established by this title and affect decisions about the future of their housing;
to promote the ability of community-based nonprofit housing developers and resident councils to acquire, rehabilitate, and competently own and manage eligible housing as rental or cooperative housing for low- and moderate-income people; and
section 4110 of this title1 to assist the Secretary in discharging the obligation under to notify potential qualified purchasers of the availability of properties for sale and to otherwise facilitate the coordination and oversight of the preservation program established under this title.
Pub. L. 100–242, title II, § 252Pub. L. 102–550, title III, § 312106 Stat. 3766(, as added , , .)
Editorial Notes
References in Text
Pub. L. 100–242Pub. L. 101–625, title VI, § 601(a)104 Stat. 4249section 4101 of this titleThis title, referred to in pars. (1) and (3), means title II of , as amended by , , , known as the Low-Income Housing Preservation and Resident Homeownership Act of 1990, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under and Tables.