§ 12713 - Eligibility under first-time homebuyer programs

CHAPTER 130— NATIONAL AFFORDABLE HOUSING › SUBCHAPTER I— GENERAL PROVISIONS AND POLICIES

(a)(1) No individual who is a displaced homemaker may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse.

(a)(2) No individual who is a single parent may be denied eligibility under any Federal program to assist first-time homebuyers on the basis that the individual, while married, owned a home with his or her spouse or resided in a home owned by the spouse.

(b) For purposes of this section:

(b)(1) The term “displaced homemaker” means an individual who—

(b)(1)(A) is an adult;

(b)(1)(B) has not worked full-time, full-year in the labor force for a number of years but has, during such years, worked primarily without remuneration to care for the home and family; and

(b)(1)(C) is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employment.

(b)(2) The term “first-time homebuyer” means an individual who has never, or has not during a specified period of time, had any present ownership interest in a principal residence.

(b)(3) The term “single parent” means an individual who—

(b)(3)(A) is unmarried or legally separated from a spouse; and

(b)(3)(B)(i) has 1 or more minor children for whom the individual has custody or joint custody; or

(b)(3)(B)(ii) is pregnant.

(c) This section shall apply to any Federal program to assist first-time homebuyers, unless the program is exempted from this section by a statute that amends this subsection or explicitly refers to this subsection.

Notes

Editorial Notes

Codification

Section was enacted as part of title IX of the Cranston-Gonzalez National Affordable Housing Act, and not as part of title I of such Act which comprises this subchapter.