42 U.S.C. § 19501
Increasing housing in opportunity zones
- Code
- United States Code
- Title
- 42
- Section
- 19501
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 19501. Increasing housing in opportunity zones (a) Covered grant defined
In this section, the term “covered grant” means any competitive grant relating to the construction, modification, rehabilitation, or preservation of housing, as determined by the Secretary of Housing and Urban Development.
(b) Priority
When awarding a covered grant, the Secretary of Housing and Urban Development may give additional weight to applicants with proposed activities or projects that are located in or substantially and directly benefit a community designated as a qualified opportunity zone under section 1400Z–1 of title 26.
(Pub. L. 119–101, title II, § 201, July 11, 2026, 140 Stat. 859.)
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.