INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

42 U.S.C. § 8013

Citation
42 U.S.C. § 8013
Parent Document
42 U.S.C. § 8013

Other Sections in This Document (149)

Full Text

1,386 chars
Contracts for project rental assistance shall comply with subsection (e)(2) and shall obligate the Secretary to make monthly payments to cover any part of the costs attributed to units occupied (or, as approved by the Secretary , held for occupancy) by very low-income persons with disabilities that is not met from project income. The amount provided under the contract for each year covered by the contract for any project shall not exceed the sum of the initial annual project rentals for all units and any initial utility allowances for such units, as approved by the Secretary. Any contract amounts not used by a project in any year shall remain available to the project until the expiration of the contract. The Secretary may adjust the amount provided under the contract for each year covered by the contract if the sum of the project income and the amount of assistance payments available under this paragraph are inadequate to provide for reasonable project costs. In the case of an intermediate care facility which is the residence of persons assisted under title XIX of the Social Security Act [ 42 U.S.C. 1396 et seq.], project income under this paragraph shall include the same amount as if such person were being assisted under title XVI of the Social Security Act [ 42 U.S.C. 1381 et seq.]. (B) Renewal of and increases in contract amounts (i) Expiration of contract term