ASSISTANCE FOR ECONOMICALLY VULNERABLE INDIVIDUALS AND FAMILIES.

SEC. 1072. ASSISTANCE FOR ECONOMICALLY VULNERABLE INDIVIDUALS AND FAMILIES.(a) HERA Amendments.—Section 1132 of the Housing and Economic Recovery Act of 2008 (12 U.S.C. 1701x note) is amended—(1) in subsection (a), by inserting in each of paragraphs (1), (2), (3), and (4) “or economically vulnerable individuals and families” after “homebuyers” each place that term appears;(2) in subsection (b)(1), by inserting “or economically vulnerable individuals and families” after “homebuyers”;(3) in subsection (c)(1)—(A) in subparagraph (A), by striking “or” at the end;(B) in subparagraph (B), by striking the period at the end and inserting “; or”; and(C) by adding at the end the following:“(C) a nonprofit corporation that—“(i) is exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986; and“(ii) specializes or has expertise in working with economically vulnerable individuals and families, but whose primary purpose is not provision of credit counseling services.”; and(4) in subsection (d)(1), by striking “not more than 5”.124 STAT. 2060(b) Applicability.—Amendments made by subsection (a) shall not apply to programs authorized by section 1132 of the Housing and Economic Recovery Act of 2008 (12 U.S.C. 1701x note) that are funded with appropriations prior to fiscal year 2011.