Page:United States Statutes at Large Volume 104 Part 5.djvu/852

 104 STAT. 4174 PUBLIC LAW 101-625—NOV. 28, 1990 poses of carrying out the program established by this subtitle in an effective and efficient manner. 42 USC 12893. SEC. 443. IMPLEMENTATION GRANTS. (a) GRANTS. —The Secretary is authorized to make implementation grants to applicants for the purpose of carrying out homeownership programs approved under this subtitle. (b) EuGiBLE ACTIVITIES.— Implementation grants may be used for activities to carry out homeownership programs (which may include programs for cooperative ownership), including the following activities: (1) Architectural and engineering work. (2) Acquisition of the property for the purpose of transferring ownership to eligible families in accordance with a homeownership program meeting the requirements of this subtitle. (3) Rehabilitation of the property covered by the homeownership program, in accordance with standards established by the Secretary. (4) Administrative costs of the applicant, which may not exceed 15 percent of the amount of assistance provided under this section. (5) Counseling and training of homebuyers and homeowners under the homeownership program. (6) Relocation of eligible families who elect to move. (7) Any necessary temporary relocation of homebuyers during rehabilitation. (8) Legal fees. (9) Defraying costs for the ongoing training needs of the recipient that are related to developing and carrying out the homeownership program. (10) Economic development activities that promote economic self-sufficiency of homebuyers and homeowners under the homeownership program. (c) MATCHING FUNDING.— (1) IN GENERAL.—Each recipient shall assure that contributions equal to not less than 33 percent of the grant amounts under this section are provided from non-Federal sources to carry out the homeownership program. (2) FORM. —Such contributions may be in the form of— (A) cash contributions from non-Federal resources which may not include funds from a grant made under section 106(b) or section 106(d) of the Housing and Community Development Act of 1974; (B) payment of administrative expenses, as defined by the Secretary, from non-Federal resources, including funds from a grant made under section 106(b) or section 106(d) of the Housing and Community Development Act of 1974; (C) the value of taxes, fees, or other charges that are normally and customarily imposed but are waived, foregone, or deferred in a manner that facilitates the implementation of a homeownership program assisted under this subtitle; (D) the value of investment in on-site and off-site infrastructure required for a homeownership program assisted under this subtitle; or (E) such other in-kind contributions as the Secretary may approve.

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