{"identifier":"/us/usc/t12/s4142","title":12,"num":"\u00a7\u202f4142.","heading":"Purposes","text":"\u00a7\u202f4142.\nPurposes\nThe purposes of this subchapter are\u2014\n(1) to promote the ability of residents of eligible low-income housing to meaningfully participate in the preservation process established by this title\n1\n1 See References in Text note below.\n(2) to promote the ability of community-based nonprofit housing developers and resident councils to acquire, rehabilitate, and competently own and manage eligible housing as rental or cooperative housing for low- and moderate-income people; and\n(3) to assist the Secretary in discharging the obligation under\nsection 4110 of this title\n1","url":"https://projectusc.org/usc/t12/s4142.html","content":[{"t":"sec","id":"/us/usc/t12/s4142","children":[{"t":"num","text":"\u00a7\u202f4142."},{"t":"heading","text":"Purposes","tail":"\n"},{"t":"chapeau","text":"The purposes of this subchapter are\u2014"},{"t":"para","id":"/us/usc/t12/s4142/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" to promote the ability of residents of eligible low-income housing to meaningfully participate in the preservation process established by this title\u202f","children":[{"t":"ref","text":"1"},{"t":"num","text":"1","tail":"\u202fSee References in Text note below."},{"t":"text","text":"\u202fSee References in Text note below.","tail":" and affect decisions about the future of their housing;"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s4142/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" to promote the ability of community-based nonprofit housing developers and resident councils to acquire, rehabilitate, and competently own and manage eligible housing as rental or cooperative housing for low- and moderate-income people; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s4142/3","children":[{"t":"num","text":"(3)"},{"t":"content","text":" to assist the Secretary in discharging the obligation under ","children":[{"t":"ref","text":"section 4110 of this title","href":"/us/usc/t12/s4110","tail":" to notify potential qualified purchasers of the availability of properties for sale and to otherwise facilitate the coordination and oversight of the preservation program established under this title."},{"t":"text","text":"1"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}