Each participating jurisdiction shall make all reasonable efforts, consistent with the purposes of this subchapter, to maximize participation by the private sector, including nonprofit organizations and for-profit entities, in the implementation of the jurisdiction’s housing strategy, including participation in the financing, development, rehabilitation and management of affordable housing. Nothing in the previous sentence shall preclude public housing authorities from fully participating in the implementation of a jurisdiction’s housing strategy.
Structure US Code
Title 42— THE PUBLIC HEALTH AND WELFARE
CHAPTER 130— NATIONAL AFFORDABLE HOUSING
SUBCHAPTER II— INVESTMENT IN AFFORDABLE HOUSING
Part A— HOME Investment Partnerships
§ 12742. Eligible uses of investment
§ 12743. Development of model programs
§ 12745. Qualification as affordable housing
§ 12746. Participation by States and local governments
§ 12747. Allocation of resources
§ 12748. HOME Investment Trust Funds
§ 12749. Repayment of investment
§ 12750. Matching requirements
§ 12751. Private-public partnership
§ 12752. Distribution of assistance
§ 12753. Penalties for misuse of funds
§ 12754. Limitation on jurisdictions under court order