ELIGIBILITY OF FOR-PROFIT LIMITED PARTNERSHIPS.

SEC. 831. ELIGIBILITY OF FOR-PROFIT LIMITED PARTNERSHIPS. Section 202(k)(4) of the Housing Act of 1959 (12 U.S.C. 1701q(k)(4)) is amended by inserting after subparagraph (C) the following: “Such term includes a for-profit limited partnership the sole general partner of which is an organization meeting the requirements under subparagraphs (A), (B), and (C), or a corporation wholly owned and controlled by an organization meeting the requirements under subparagraphs (A), (B), and (C).”.