
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC12753]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                CHAPTER 130--NATIONAL AFFORDABLE HOUSING
 
             SUBCHAPTER II--INVESTMENT IN AFFORDABLE HOUSING
 
                  Part A--HOME Investment Partnerships
 
Sec. 12753. Penalties for misuse of funds

    If the Secretary finds after reasonable notice and opportunity for 
hearing that a participating jurisdiction has failed to comply 
substantially with any provision of this part and until the Secretary is 
satisfied that there is no longer any such failure to comply, the 
Secretary shall reduce the line of credit in the participating 
jurisdiction's HOME Investment Trust Fund by the amount of any 
expenditures that were not in accordance with the requirements of this 
subchapter, and the Secretary may--
        (1) prevent withdrawals from the participating jurisdiction's 
    HOME Investment Trust Fund for activities affected by such failure 
    to comply;
        (2) restrict the participating jurisdiction's activities under 
    this subchapter to activities that conform to one or more model 
    programs made available under section 12743 of this title; or
        (3) remove the participating jurisdiction from participation in 
    allocations or reallocations of funds made available under this 
    part.

(Pub. L. 101-625, title II, Sec. 223, Nov. 28, 1990, 104 Stat. 4112.)

                  Section Referred to in Other Sections

    This section is referred to in sections 12742, 12743, 12748 of this 
title.
