§ 12805. Sweat equity model program
(a)
In general
The Secretary shall make available a model program to provide grants to public and private nonprofit organizations and community housing development organizations to provide technical and supervisory assistance to low-income and very low-income families, including the homeless, in acquiring, rehabilitating, and constructing housing by the self-help housing method.
(b)
Rehabilitation of properties
The program shall target for rehabilitation properties which have been acquired by the Federal, State, or local governments.
(c)
Homeownership opportunities through sweat equity
(d)
Rental opportunities through sweat equity
(e)
“Self-help housing” defined
The term “self-help housing” means the same as in section
1490c of this title.
(f)
Additional restrictions
The guidelines for the model program shall generally comport with the additional protections and restrictions specified under section
1490c of this title.