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Pub.L. 108-187 To regulate interstate commerce by imposing limitations and penalties on the transmission of unsolicited commercial electronic mail via the Internet. <> ...
[[Page 117 STAT. 2685]]
Public Law 108-186
108th Congress
An Act
To support certain housing proposals in the fiscal year 2003 budget for
the Federal Government, including the downpayment assistance initiative
under the HOME Investment Partnership Act, and for other
purposes. <<NOTE: Dec. 16, 2003 - [S. 811]>>
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. TABLE OF CONTENTS.
The table of contents for this Act is as follows:
Sec. 1. Table of contents.
TITLE I--DOWNPAYMENT ASSISTANCE
Sec. 101. Short title.
Sec. 102. Downpayment assistance initiative.
TITLE II--INTERGENERATIONAL HOUSING ASSISTANCE
Sec. 201. Short title.
Sec. 202. Definitions.
Sec. 203. Demonstration program for elderly housing for
intergenerational families.
Sec. 204. Training for HUD personnel regarding grandparent-headed and
relative-headed families issues.
Sec. 205. Study of housing needs of grandparent-headed and relative-
headed families.
TITLE III--ADJUSTABLE RATE SINGLE FAMILY MORTGAGES AND LOAN LIMIT
ADJUSTMENTS
Sec. 301. Hybrid arms.
Sec. 302. FHA multifamily loan limit adjustments.
TITLE IV--HOPE VI PROGRAM REAUTHORIZATION
Sec. 401. Short title.
Sec. 402. Hope VI program reauthorization.
Sec. 403. Hope VI grants for assisting affordable housing through main
street projects.
TITLE V--COMMUNITY DEVELOPMENT BLOCK GRANTS
Sec. 501. Funding for insular areas.
TITLE <<NOTE: American Dream Downpayment Act.>> I--DOWNPAYMENT
ASSISTANCE
SEC. 101. SHORT TITLE. <<NOTE: 42 USC 12701 note.>>
This title may be cited as the ``American Dream Downpayment Act''.
SEC. 102. DOWNPAYMENT ASSISTANCE INITIATIVE.
Subtitle E of title II of the Cranston-Gonzalez National Affordable
Housing Act (42 U.S.C. 12821) is amended to read as follows:
[[Page 117 STAT. 2686]]
``Subtitle E--Other Assistance
``SEC. 271. <<NOTE: 42 USC 12821.>> DOWNPAYMENT ASSISTANCE INITIATIVE.
``(a) Definitions.--In this section:
``(1) Downpayment assistance.--The term ``downpayment
assistance'' means assistance to help a family acquire a
principal residence.
``(2) Home repairs.--The term ``home repairs'' means capital
improvements or repairs that--
``(A) are identified in an appraisal or home
inspection completed in conjunction with a home
purchase; or
``(B) are completed within 1 year of the purchase of
a home, and are necessary to bring the housing into
compliance with health and safety housing codes of the
unit of general local government in which the housing is
located, including the remediation of lead paint or
other home health hazards.
``(3) Participating jurisdiction.--The term ``participating
jurisdiction'' means a State or unit of general local government
designated under section 216.
``(4) State.--The term ``State'' means any State of the
United States and the District of Columbia.
``(b) Grant Authority.--The Secretary may award grants to
participating jurisdictions to assist low-income families to achieve
homeownership, in accordance with this section.
``(c) Eligible Activities.--
``(1) In general.--
``(A) Downpayment assistance.--Subject to
subparagraph (B), grants awarded under this section may
be used only for downpayment assistance toward the
purchase of single family housing (including 1 to 4 unit
family dwelling units, condominium units, cooperative
units, and manufactured housing units which are located
on land which is owned by the manufactured housing unit
owner, owned as a cooperative, or is subject to a
leasehold interest with a term equal to at least the
term of the mortgage financing on the unit, and
manufactured housing lots) by low-income families who
are first-time home-buyers.
``(B) Home repairs.--Not more than 20 percent of the
grant funds provided under subsection (d) to a
participating jurisdiction may be used to provide
assistance to low-income, first-time home-buyers for
home repairs.
``(2) Limitations.--
``(A) Amount of assistance.--The amount of
assistance provided to any low-income families under
paragraph (1) shall not exceed the greater of--
``(i) 6 percent of the purchase price of a
single family housing unit; or
``(ii) $10,000.
``(B) Participation.--A participating jurisdiction
may not use any amount of a grant awarded under this
section to provide funding to an entity or organization
that provides downpayment assistance if the activities
of that entity or organization are financed in whole or
in part, directly or indirectly, by contributions,
service fees, or other payments from the sellers of
housing.
[[Page 117 STAT. 2687]]
``(d) Formula Allocation.--
``(1) In general.--For each fiscal year, the Secretary shall
allocate any amounts made available for assistance under this
section to each State that is a participating jurisdiction in an
amount equal to a percentage of the total allocation that is
equal to the percentage of the national total of low-income
households residing in rental housing in the State, as
determined on the basis of the most recent census data compiled
by the Bureau of the Census.
``(2) Participating jurisdictions other than states.--
``(A) In general.--Subject to subparagraph (B), for
each fiscal year, of the amount allocated to each State
under paragraph (1), the Secretary shall further
allocate from such amount to each participating
jurisdiction located within such State an amount equal
to the percentage of the allocation made to the State
under paragraph (1) that is equal to the percentage of
the State-wide total of low-income households residing
in rental housing in such participating jurisdiction, as
determined on the basis of the most recent census data
compiled by the Bureau of the Census.
``(B) Limitation.--
``(i) In general.--Direct allocations made
under subparagraph (A) shall be made to a local
participating jurisdiction only if--
``(I) the participating jurisdiction
has a total population of 150,000
individuals or more, as determined on
the basis of the most recent census data
compiled by the Bureau of the Census; or
``(II) the participating
jurisdiction would receive an allocation
of $50,000 or more.
``(ii) Reversion.--Any allocation that would
have otherwise been made to a participating
jurisdiction that does not meet the requirements
of clause (i) shall revert back to the State in
which the participating jurisdiction is located.
``(e) Reallocation.--If any amounts allocated to a participating
jurisdiction under this section become available for reallocation, the
amounts shall be reallocated to other participating jurisdictions in
accordance with subsection (d).
``(f) Applicability of Other Provisions.--
``(1) In general.--Except as otherwise provided in this
section, grants made under this section shall not be subject to
the provisions of this title.
``(2) Applicable provisions.--In addition to the
requirements of this section, grants made under this section
shall be subject to the provisions of title I, sections 215(b),
218, 219, 221, 223, 224, and 226(a) of subtitle A of this title,
and subtitle F of this title.
``(3) References.--In applying the requirements of subtitle
A referred to in paragraph (2)--
``(A) any references to funds under subtitle A shall
be considered to refer to amounts made available for
assistance under this section; and
``(B) any references to funds allocated or
reallocated under section 217 or 217(d) shall be
considered to refer
[[Page 117 STAT. 2688]]
to amounts allocated or reallocated under subsection (d)
or (e) of this section, respectively.
``(g) Housing Strategy.--To be eligible to receive a grant under
this section in any fiscal year, a participating jurisdiction shall
include in its comprehensive housing affordability strategy developed
under section 105 of the Cranston-Gonzalez National Affordable Housing
Act (42 U.S.C. 12705) for such fiscal year--
``(1) a description of the anticipated use of any grant
received under this section;
``(2) a plan for conducting targeted outreach to residents
and tenants of public housing, trailer parks, and manufactured
housing, and to other families assisted by public housing
agencies, for the purpose of ensuring that grant amounts
provided under this section to a participating jurisdiction are
used for downpayment assistance for such residents, tenants, and
families; and
``(3) a description of the actions to be taken to ensure the
suitability of families receiving downpayment assistance under
this section to undertake and maintain homeownership.
``(h) Report.--Not <<NOTE: Deadline.>> later than June 30, 2006, the
Comptroller General of the United States shall submit a report
containing a State-by-State analysis of the impact of grants awarded
under this section to--
``(1) the Committee on Banking, Housing, and Urban Affairs
of the Senate; and
``(2) the Committee on Financial Services of the House of
Representatives.
``(i) Sunset.--The Secretary shall have no authority to make grants
under this Act after December 31, 2007.
``(j) Relocation Assistance and Downpayment Assistance.--The Uniform
Relocation Assistance and Real Property Acquisition Policies Act of 1970
(84 Stat. 1894) shall not apply to downpayment assistance under this
section.
``(k) Authorization of Appropriations.--There is authorized to be
appropriated to carry out this section $200,000,000 for each of fiscal
years 2004 through 2007.''.
TITLE <<NOTE: Living Equitably: Grandparents Aiding Children and Youth
Act of 2003.>> II--INTERGENERATIONAL HOUSING ASSISTANCE
SEC. 201. <<NOTE: 12 USC 1701q note.>> SHORT TITLE.
This title may be cited as the ``Living Equitably: Grandparents
Aiding Children and Youth Act of 2003'' or the ``LEGACY Act of 2003''.
SEC. 202. <<NOTE: 12 USC 1701q note.>> DEFINITIONS.
In this title:
(1) Child.--The term ``child'' means an individual who--
(A) is not attending school and is not more than 18
years of age; or
(B) is attending school and is not more than 19
years of age.
(2) Covered family.--The term ``covered family'' means a
family that--
(A) includes a child; and
(B) has a head of household who is--
[[Page 117 STAT. 2689]]
(i) a grandparent of the child who is raising
the child; or
(ii) a relative of the child who is raising
the child.
(3) Elderly person.--The term ``elderly person'' has the
same meaning as in section 202(k) of the Housing Act of 1959 (12
U.S.C. 1701q(k)).
(4) Grandparent.--
(A) In general.--The term ``grandparent'' means,
with respect to a child, an individual who is a
grandparent or stepgrandparent of the child by blood or
marriage, regardless of the age of such individual.
(B) Case of adoption.--In the case of a child who
was adopted, the term includes an individual who, by
blood or marriage, is a grandparent or stepgrandparent
of the child as adopted.
(5) Intergenerational dwelling unit.--The term
``intergenerational dwelling unit'' means a qualified dwelling
unit that is reserved for occupancy only by an intergenerational
family.
(6) Intergenerational family.--The term ``intergenerational
family'' means a covered family that has a head of household who
is an elderly person.
(7) Private nonprofit organization.--The term ``private
nonprofit organization'' has the same meaning as in section
202(k) of the Housing Act of 1959 (12 U.S.C. 1701q(k)).
(8) Qualified dwelling unit.--The term ``qualified dwelling
unit'' means a dwelling unit that--
(A) has not fewer than 2 separate bedrooms;
(B) is equipped with design features appropriate to
meet the special physical needs of elderly persons, as
needed; and
(C) is equipped with design features appropriate to
meet the special physical needs of young children, as
needed.
(9) Raising a child.--The term ``raising a child'' means,
with respect to an individual, that the individual--
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