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The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
37 U.S.C. ch. 11—Payments to Mentally Incompetent Persons 37 U.S.C. ch. 13 —Allotments and Assignments of Pay 37 U.S.C. ch. 15 —Prohibitions and Penalties
NHOP ceased operation in 1991 when it was repealed by section 289 of the Cranston-Gonzalez National Affordable Housing Act of 1990 (42 USC 12839). The S. 825 legislation was passed by the 100th U.S. Congressional session and signed into law by the 40th President of the United States Ronald Reagan on February 5, 1988.
The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...
Despite the breadth of and critical praise for the initiative, [9] as well as the administration's claim that the largest number of homes since 2006 were built under the plan, critics pushed against the administration for not leading enough on bipartisan negotiations with Congress, [10] and not working hard enough with the private sector to bring down housing costs.
The Harris plan, released in August, aims to boost the inventory of affordable housing by encouraging more construction, while also offering $25,000 in down payment assistance for first-time buyers.
Housing Acts of 1930, 1933, 1935, 1969, 1980, 1985, 1988, 1996, 2004: Various UK: Housing and Regeneration Act 2008: 2008 Establishes the Homes and Communities Agency, abolishes the Urban Regeneration Agency, the Commission for the New Towns and the the Housing Corporation, regulates social housing, and also covers other aspects of housing law. [5]
The Housing and Urban Development Act of 1968, Pub. L. 90–448, 82 Stat. 476, enacted August 1, 1968, was passed during the Lyndon B. Johnson Administration.The act came on the heels of major riots across cities throughout the U.S. in 1967, the assassination of Civil Rights Leader Martin Luther King Jr. in April 1968, and the publication of the report of the Kerner Commission, which ...