HUD DEMONSTRATION ACT OF 1993: Sec. 4 (capacity building assistance) Public Law 103–120, as amended 107 Stat. 1148, as amended HUD DEMONSTRATION ACT OF 1993: Sec. 4 (capacity building assistance) 120 105–18 Statute Compilation United States House of Representatives Office of the Legislative Counsel text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. GPO Statute Compilations USLM converter, version 20210527.1 2021-10-15 HUD Demonstration Act of 1993 5250 103 1993-10-27 HUD DEMONSTRATION ACT OF 1993: Sec. 4 (capacity building assistance) [Public Law 103–120; 107 Stat. 1148; 42 U.S.C. 9816 note] [As Amended Through P.L. 105–18, Enacted June 12, 1997] [Currency: This publication is a compilation of the text of section 4 of Public Law 103–120. It was last amended by the public law listed in the As Amended Through note above and below at the bottom of each page of the pdf version and reflects current law through the date of the enactment of the public law listed at https://www.govinfo.gov/app/collection/comps/] [Note: While this publication does not represent an official version of any Federal statute, substantial efforts have been made to ensure the accuracy of its contents. The official version of Federal law is found in the United States Statutes at Large and in the United States Code. The legal effect to be given to the Statutes at Large and the United States Code is established by statute (1 U.S.C. 112, 204).]
SEC. 4. [42 U.S.C. 9816 note] CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING. (a) In General.—The Secretary is authorized to provide assistance through the National Community Development Initiative, Local Initiatives Support Corporation, The Enterprise Foundation, Habitat for Humanity, and Youthbuild USA to develop the capacity and ability of community development corporations and community housing development organizations to undertake community development and affordable housing projects and programs. (b) Form of Assistance.—Assistance under this section may be used for— (1) training, education, support, and advice to enhance the technical and administrative capabilities of community development corporations and community housing development organizations; (2) loans, grants, or predevelopment assistance to community development corporations and community housing development organizations to carry out community development and affordable housing activities that benefit low-income families; and (3) such other activities as may be determined by the National Community Development Initiative, Local Initiatives Support Corporation, The Enterprise Foundation, Habitat for Humanity, and Youthbuild USA in consultation with the Secretary. (c) Matching Requirement.—Assistance provided under this section shall be matched from private sources in an amount equal to 3 times the amount made available under this section. (d) Implementation.—The Secretary shall by notice establish such requirements as may be necessary to carry out the provisions of this section. The notice shall take effect upon issuance. (e) Authorization.—There are authorized to be appropriated $25,000,000 for fiscal year 1994 to carry out this section.