12 USC 1701x-2 - Legal assistance for foreclosure-related issues

U.S Code last checked for updates: Nov 22, 2024

§ 1701x–2.

Legal assistance for foreclosure-related issues

(a)

Establishment

(b)

Competitive allocation

(c)

Priority to certain areas

(d)

Legal assistance

(1)

In general

Any State or local legal organization that receives financial assistance pursuant to this section may use such amounts only to assist—

(A)

homeowners of owner-occupied homes with mortgages in default, in danger of default, or subject to or at risk of foreclosure; and

(B)

tenants at risk of or subject to eviction as a result of foreclosure of the property in which such tenant resides.

(2)

Commence use within 90 days

(3)

Prohibition on class actions

(4)

Limitation on legal assistance

(5)

Effective date

(e)

Limitation on distribution of assistance

(1)

In general

None of the amounts made available under this section shall be distributed to—

(A)

any organization which has been convicted for a violation under Federal law relating to an election for Federal office; or

(B)

any organization which employs applicable individuals.

(2)

Definition of applicable individuals

In this subsection, the term “applicable individual” means an individual who—

(A)

is—

(i)

employed by the organization in a permanent or temporary capacity;

(ii)

contracted or retained by the organization; or

(iii)

acting on behalf of, or with the express or apparent authority of, the organization; and

(B)

has been convicted for a violation under Federal law relating to an election for Federal office.

(f)

Authorization of appropriations

(Pub. L. 111–203, title XIV, § 1498, July 21, 2010, 124 Stat. 2211.)

cite as: 12 USC 1701x-2