Page:United States Statutes at Large Volume 114 Part 5.djvu/940

 114 STAT. 2954 PUBLIC LAW 106-569—DEC. 27, 2000 payment standard exceeds the highest of the amounts under clauses (i), (ii), and (iii) of subparagraph (A). (2) CALCULATION OF AMOUNT.— (A) LOW-INCOME FAMILIES. —^A disabled family that is a low-income family shall be eligible to receive 100 percent of the amount calculated under paragraph (1). (B) INCOME BETWEEN SI AND 89 PERCENT OF MEDIAN. — A disabled family whose income is between 81 and 89 percent of the median for the area shall be eligible to receive 66 percent of the amount calculated under paragraph (1). (C) INCOME BETWEEN 9O AND 99 PERCENT OF MEDIAN.— A disabled family whose income is between 90 and 99 percent of the median for the area shall be eligible to receive 33 percent of the amount calculated under paragraph (1). (D) INCOME MORE THAN 99 PERCENT OF MEDIAN.—A disabled family whose income is more than 99 percent of the median for the area shall not be eligible to receive assistance under this section. (c) INSPECTIONS AND CONTRACT CONDITIONS.— (1) IN GENERAL.— Each contract for the purchase of a dwelling unit to be assisted under this section shall— (A) provide for pre-purchase inspection of the dwelling unit by an independent professional; and (B) require that any cost of necessary repairs be paid by the seller. (2) ANNUAL INSPECTIONS NOT REQUIRED.— The requirement under subsection (o)(8)(A)(ii) of section 8 of the United States Housing Act of 1937 for annual inspections shall not apply to dwelling units assisted under this section. (d) OTHER AUTHORITY OF THE SECRETARY.— The Secretary may- CD limit the term of assistance for a disabled family assisted under this section; (2) provide assistance for a disabled family for the entire term of a mortgage for a dwelling unit if the disabled family remains eligible for such assistance for such term; and (3) modify the requirements of this section as the Secretary determines to be necessary to make appropriate adaptations for lease-purchase agreements. (e) ASSISTANCE PAYMENTS SENT TO LENDER.— The Secretary shall remit assistance payments under this section directly to the mortgagee of the dwelling unit purchased by the disabled family receiving such assistance payments. (f) INAPPLICABILITY OF CERTAIN PROVISIONS. —Assistance under this section shall not be subject to the requirements of the following provisions: (1) Subsection (c)(3)(B) of section 8 of the United States Housing Act of 1937. (2) Subsection (d)(l)(B)(i) of section 8 of the United States Housing Act of 1937. (3) Any other provisions of section 8 of the United States Housing Act of 1937 governing maximum amounts payable to owners and amounts payable by assisted families.

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