Pub. L. 115-31, div. K, tit. II (as amended)

Pub. L. 115-31, div. K, tit. II (as amended)

Year: 2025Length: 92 wordsOfficial source
216.The commitment authority funded by fees as provided under the heading Community Development Loan Guarantees Program Account may be used to guarantee, or make commitments to guarantee, notes, or other obligations issued by any State on behalf of non-entitlement communities in the State in accordance with the requirements of section 108 of the Housing and Community Development Act of 1974: Provided, That any State receiving such a guarantee or commitment shall distribute all funds subject to such guarantee to the units of general local government in non-entitlement areas that received the commitment.
Pub. L. 115-31, div. K, tit. II (as amended) | Justis AI