Page:United States Statutes at Large Volume 106 Part 5.djvu/120

 106 STAT. 3758 PUBLIC LAW 102-550—OCT. 28, 1992 (3) by adding at the end the following: "(f) DEFINITION OF COMMUNITY LAND TRUST.— For purposes of this section, the term 'community land trust' means a community housing development organization (except that the requirements under subparagraphs (C) and (D) of section 104(6) shall not apply for purposes of this subsection>— "(1) that is not sponsored by a for-profit organization; "(2) that is established to carry out the activities under paragraph (3); "(3) that>- "(A) acquires parcels of land, held in perpetuity, primarily for conveyance under long-term ground leases; "(B) transfers ownership of any structural improvements located on such leased parcels to the lessees; and "(C) retains a preemptive option to purchase any such structural improvement at a price determined by formula that is designed to ensure that the improvement remains affordable to low- and moderate-income families in perpetuity; "(4) whose corporate membership that is open to any adult resident of a particular geographic area specified in the bylaws of the organization; and "(5) whose board of directors— "(A) includes a majority of members who are elected by the corporate membership; and "(B) is composed of equal numbers of (i) lessees pursuant to paragraph (3)(B), (ii) corporate members who are not lessees, and (iii) any other category of persons described in the bylaws of the organization.", (b) WOMEN IN HOMEBUILDING.— Section 233 of the Cranston- Gonzalez National Affordable Housing Act (42 U.S.C. 12773), as amended by subsection (a) of this section, is further amended— (1) in subsection (a)— (A) in paragraph (1), by striking "and" at the end; (B) in paragraph (2), by striking the period at the end and inserting "; and"; and (C) by adding at the end the following: "(3) to achieve the purposes under paragraphs (1) and (2) by helping women who reside in low- and moderate-income neighborhoods rehabilitate and construct housing in the neighborhoods.". (2) in subsection (b), by adding after paragraph (6) (as added by subsection (a)(2) of this section) the following: "(7) FACILITATING WOMEN IN HOMEBUILDING PROFESSIONS.— Technical assistance may be made available to businesses, unions, and organizations involved in construction and rehabilitation of housing in low- and moderate-income areas to assist women residing in the area to obtain jobs involving such activities, which may include facilitating access by such women to, and providing, apprenticeship and other training programs regarding nontraditional skills, recruiting women to participate in such programs, providing continuing support for women at job sites, counseling and educating businesses regarding suitable work environments for women, providing information to such women regarding opportunities for establishing small housing construction and rehabilitation businesses, and providing materials and tools for training such women (in an

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