25 USC § 4232 - Low-income requirement and income targeting

---
identifier: "/us/usc/t25/s4232"
source: "usc"
legal_status: "official_prima_facie"
title: "25 USC § 4232 - Low-income requirement and income targeting"
title_number: 25
title_name: "INDIANS"
section_number: "4232"
section_name: "Low-income requirement and income targeting"
chapter_number: 43
chapter_name: "NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION"
subchapter_number: "VIII"
subchapter_name: "HOUSING ASSISTANCE FOR NATIVE HAWAIIANS"
positive_law: false
currency: "119-84"
last_updated: "2025-07-14"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 104–330, title VIII, § 813, as added Pub. L. 106–568, title II, § 203, Dec. 27, 2000, 114 Stat. 2888, and Pub. L. 106–569, title V, § 513, Dec. 27, 2000, 114 Stat. 2982.)"
---


# § 4232. Low-income requirement and income targeting

**(a)** **In general** Housing shall qualify for affordable housing for purposes of this subchapter only if—

**(1)** each dwelling unit in the housing—

**(A)** in the case of rental housing, is made available for occupancy only by a family that is a low-income family at the time of the initial occupancy of that family of that unit; and

**(B)** in the case of housing for homeownership, is made available for purchase only by a family that is a low-income family at the time of purchase; and

**(2)** each dwelling unit in the housing will remain affordable, according to binding commitments satisfactory to the Secretary, for—

**(A)** the remaining useful life of the property (as determined by the Secretary) without regard to the term of the mortgage or to transfer of ownership; or

**(B)** such other period as the Secretary determines is the longest feasible period of time consistent with sound economics and the purposes of this subchapter, except upon a foreclosure by a lender (or upon other transfer in lieu of foreclosure) if that action—

**(i)** recognizes any contractual or legal rights of any public agency, nonprofit sponsor, or other person or entity to take an action that would—

**(I)** avoid termination of low-income affordability, in the case of foreclosure; or

**(II)** transfer ownership in lieu of foreclosure; and

**(ii)** is not for the purpose of avoiding low-income affordability restrictions, as determined by the Secretary.

**(b)** **Exception** section 4228(a)(2)(B) of this title

Notwithstanding subsection (a), housing assistance pursuant to  shall be considered affordable housing for purposes of this subchapter.

---

**Source Credit**: (Pub. L. 104–330, title VIII, § 813, as added Pub. L. 106–568, title II, § 203, Dec. 27, 2000, 114 Stat. 2888, and Pub. L. 106–569, title V, § 513, Dec. 27, 2000, 114 Stat. 2982.)

## Editorial Notes

### Codification

, and , enacted identical sections 813 of . This section is based on the text of , as added by .