Page:United States Statutes at Large Volume 114 Part 5.djvu/939

 PUBLIC LAW 106-569—DEC. 27, 2000 114 STAT. 2953 section 555(c) of the Quality Housing and Work Responsibility Act of 1998 take effect pursuant to such section. SEC. 302. PILOT PROGRAM FOR HOMEOWNERSHIP ASSISTANCE FOR 42 USC 143l7f DISABLED FAMILIES. °ote (a) IN GENERAL.— ^A public housing agency providing tenantbased assistance on behalf of an eligible family under section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) may provide assistance for a disabled family that purchases a dwelling unit (including a dwelling unit under a lease-purchase agreement) that will be owned by one or more members of the disabled family and will be occupied by the disabled family, if the disabled family— (1) purchases the dwelling unit before the expiration of the 3-year period beginning on the date that the Secretary first implements the pilot program under this section; (2) demonstrates that the disabled family has income from employment or other sources (including public assistance), as determined in accordance with requirements of the Secretary, that is not less than twice the payment standard established by the public housing agency (or such other amount as may be established by the Secretary); (3) except as provided by the Secretary, demonstrates at the time the disabled family initially receives tenant-based assistance under this section that one or more adult members of the disabled family have achieved employment for the period as the Secretary shall require; (4) participates in a homeownership and housing counseling program provided by the agency; and (5) meets any other initial or continuing requirements established by the public housing agency in accordance with requirements established by the Secretary. (b) DETERMINATION OF AMOUNT OF ASSISTANCE.— (1) IN GENERAL. — (A) MONTHLY EXPENSES NOT EXCEEDING PAYMENT STANDARD.—I f the monthly homeownership expenses, as determined in accordance with requirements established by the Secretary, do not exceed the payment standard, the monthly assistance payment shall be the amount by which the homeownership expenses exceed the highest of the following amounts, rounded to the nearest dollar: (i) Thirty percent of the monthly adjusted income of the disabled family. (ii) Ten percent of the monthly income of the disabled family. (iii) If the disabled family is receiving payments for welfare assistance from a public agency, and a portion of those payments, adjusted in accordance with the actual housing costs of the disabled family, is specifically designated by that agency to meet the housing costs of the disabled family, the portion of those payments that is so designated. (B) MONTHLY EXPENSES EXCEED PAYMENT STANDARD.— If the monthly homeownership expenses, as determined in accordance with requirements established by the Secretary, exceed the payment standard, the monthly assistance payment shall be the amount by which the applicable

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