Definitions
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(1)
The term “unit of general local government” means a city, town, township, county, parish, village, or other general purpose political subdivision of a State; the Federated States of Micronesia and Palau, the Marshall Islands, or a general purpose political subdivision thereof; a consortium of such political subdivisions recognized by the Secretary in accordance with section 12746(2) of this title; and any agency or instrumentality thereof that is established pursuant to legislation and designated by the chief executive to act on behalf of the jurisdiction with regard to provisions of this Act.
(2)
The term “State” means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any agency or instrumentality thereof that is established pursuant to legislation and designated by the chief executive officer to act on behalf of the State with regard to the provisions of this Act.
(3)
The term “jurisdiction” means a State or unit of general local government.
(4)
The term “participating jurisdiction” means any State or unit of general local government that has been so designated in accordance with section 12746 of this title.
(5) The term “nonprofit organization” means any private, nonprofit organization (including a State or locally chartered, nonprofit organization) that—
(A)
is organized under State or local laws,
(B)
has no part of its net earnings inuring to the benefit of any member, founder, contributor, or individual,
(C)
complies with standards of financial accountability acceptable to the Secretary, and
(D)
has among its purposes significant activities related to the provision of decent housing that is affordable to low-income and moderate-income persons.
(6) The term “community housing development organization” means a nonprofit organization as defined in paragraph (5), that—
(A)
has among its purposes the provision of decent housing that is affordable to low-income and moderate-income persons;
(B)
maintains, through significant representation on the organization’s governing board and otherwise, accountability to low-income community residents and, to the extent practicable, low-income beneficiaries with regard to decisions on the design, siting, development, and management of affordable housing;
(C)
has a demonstrated capacity for carrying out activities assisted under this Act; and
(D)
has a history of serving the local community or communities within which housing to be assisted under this Act is to be located.
In the case of an organization serving more than one county, the Secretary may not require that such organization, to be considered a community housing development organization for purposes of this Act, include as members on the organization’s governing board low-income persons residing in each county served.