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42 U.S. Code § 12722. Purposes
The purposes of this subchapter are—(1)
to expand the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing, for very low-income and low-income Americans;
(2)
to mobilize and strengthen the abilities of States and units of general local government throughout the United States to design and implement strategies for achieving an adequate supply of decent, safe, sanitary, and affordable housing;
(3) to provide participating jurisdictions, on a coordinated basis, with the various forms of Federal housing assistance, including capital investment, mortgage insurance, rental assistance, and other Federal assistance, needed—
(A)
to expand the supply of decent, safe, sanitary, and affordable housing;
(B)
to make new construction, rehabilitation, substantial rehabilitation, and acquisition of such housing feasible; and
(C)
to promote the development of partnerships among the Federal Government, States and units of general local government, private industry, and nonprofit organizations able to utilize effectively all available resources to provide more of such housing;