Tenant participation plan
A community housing development organization that receives assistance under this part shall provide a plan for and follow a program of tenant participation in management decisions and shall adhere to a fair lease and grievance procedure approved by the participating jurisdiction.
Limitation on assistance
A community housing development organization may not receive assistance under this subchapter for any fiscal year in an amount that provides more than 50 percent of the organization’s total operating budget in the fiscal year or $50,000 annually, whichever is greater.
Adjustments of other assistance
section 3545(d) of this titleThe Secretary shall take account of assistance provided to a project under this part when adjusting other assistance to be provided to the project as required by .
Pub. L. 101–625, title II, § 234104 Stat. 4117Pub. L. 102–550, title II, § 212(c)106 Stat. 3757(, , ; , , .)
Editorial Notes
Amendments
Pub. L. 102–5501992—Subsec. (b). struck out “, together with other Federal assistance,” after “in an amount that” and inserted before period “or $50,000 annually, whichever is greater”.
Statutory Notes and Related Subsidiaries
Effective Date of 1992 Amendment
Pub. L. 102–550section 223 of Pub. L. 102–550section 12704 of this titleAmendment by applicable to unexpended funds allocated under subchapter II of this chapter in fiscal year 1992, except as otherwise specifically provided, see , set out as a note under .