U.S Code last checked for updates: Nov 22, 2024
§ 12703.
Purposes of Cranston-Gonzalez National Affordable Housing Act
The purposes of this Act are—
(1)
to help families not owning a home to save for a down payment for the purchase of a home;
(2)
to retain wherever feasible as housing affordable to low-income families those dwelling units produced for such purpose with Federal assistance;
(3)
to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of housing affordable to low-income and moderate-income families;
(4)
to expand and improve Federal rental assistance for very low-income families; and
(5)
to increase the supply of supportive housing, which combines structural features and services needed to enable persons with special needs to live with dignity and independence.
(Pub. L. 101–625, title I, § 103, Nov. 28, 1990, 104 Stat. 4085.)
cite as: 42 USC 12703