Project-specific assistance to community housing development organizations

42 U.S. Code § 12772. Project-specific assistance to community housing development organizations

(a) In general
Amounts reserved under section 12771 of this title may be used for activities eligible under section 12742 of this title and, in amounts not to exceed 10 percent of the amounts so reserved, for other activities specified under this section.
(b) Project-specific technical assistance and site control loans
(1) In general
Amounts reserved under section 12771 of this title may be used to provide technical assistance and site control loans to community housing development organizations in the early stages of site development for an eligible project. Such loans shall not exceed amounts that the jurisdiction determines to be customary and reasonable project preparation costs allowable under paragraph (2).
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