42 USC 19501: Increasing housing in opportunity zones
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42 USC 19501: Increasing housing in opportunity zones Text contains those laws in effect on July 22, 2026
From Title 42-THE PUBLIC HEALTH AND WELFARECHAPTER 165-INCREASING HOUSING SUPPLYSUBCHAPTER I-BUILDING MORE IN AMERICA
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§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 .)