POST-PURCHASE HOUSING COUNSELING ELIGIBILITY IMPROVEMENTS.

SEC. 2127. POST-PURCHASE HOUSING COUNSELING ELIGIBILITY IMPROVEMENTS. Section 106(c)(4) of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701x(c)(4)) is amended:(1) in subparagraph (C)—(A) in clause (i), by striking “; or” and inserting a semicolon;(B) in clause (ii), by striking the period at the end and inserting a semicolon; and(C) by adding at the end the following:“(iii) a significant reduction in the income of the household due to divorce or death; or“(iv) a significant increase in basic expenses of the homeowner or an immediate family member of the homeowner (including the spouse, child, or parent for whom the homeowner provides substantial care or financial assistance) due to—“(I) an unexpected or significant increase in medical expenses;“(II) a divorce;“(III) unexpected and significant damage to the property, the repair of which will not be covered by private or public insurance; or“(IV) a large property-tax increase; or”;(2) by striking the matter that follows subparagraph (C); and(3) by adding at the end the following:“(D) the Secretary of Housing and Urban Development determines that the annual income of the homeowner is no greater than the annual income established by the Secretary as being of low- or moderate-income.”.