Pub. L. 104-330, tit. II, sec. 209

REPAYMENT.

EnactedYear: 1996Length: 85 wordsOfficial source
SEC. 209. REPAYMENT. If a recipient uses grant amounts to provide affordable housing under activities under this title and, at any time during the useful life of the housing the housing does not comply with the requirement under section 205(2), the Secretary shall reduce future grant payments on behalf of the grant beneficiary by an amount equal to the grant amounts used for such housing (under the authority under section 401(a)(2)) or require repayment to the Secretary of an amount equal to such grant amounts.
Pub. L. 104-330, tit. II, sec. 209: REPAYMENT. | Justis AI