Page:United States Statutes at Large Volume 104 Part 5.djvu/964

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104 STAT. 4286 PUBLIC LAW 101-625—NOV. 28, 1990 "(ii) has not worked full-time full-year in the labor force for a number of years but has, during such years, worked primarily without remuneration to care for the home and family; and "(iii) is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employ- ment. "(B) The term 'first-time homebuyer' means any individual who (and whose spouse) has had no present ownership in a principal residence during the 3-year period ending on the date of purchase of the property acquired with a guaranteed loan under this subsection except that— "(i) any individual who is a displaced homemaker may not be excluded from consideration as a first-time homebuyer under this subparagraph on the basis that the individual, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse; and "(ii) any individual who is a single parent may not be excluded from consideration as a first-time homebuyer under this subparagraph on the basis that the individual, while married, owned a home with his or her spouse or resided in a home owned by the spouse. "(C) The term 'single parent' means an individual who— "(i) is unmarried or legally separated from a spouse; and "(iiXD has 1 or more minor children for whom the individual has custody or joint custody; or "(II) is pregnant. "(D) The term 'State' means the States of the United States, the Commonwealth of Puerto Rico, the District of Columbia, the Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territories of the Pacific, and any other possession of the United States.", (c) CONFORMING AMENDMENTS.—Section 106(a)(2) of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701x(a)(2)) is amended— (1) by inserting "(A)" after "Secretary"; and (2) by striking "Act and" and inserting the following: "Act; (B) shall, in consultation with the Secretary of Agriculture, provide such services for borrowers who are first-time homebuyers with guaranteed loans under section 502(h) of the Housing Act of 1949; and (C)". 42 USC 1472 (d) REGULATIONS AND IMPLEMENTATION.— 5.° *?- (1) PROPOSED REGULATIONS AND COMMENT PERIOD. —Not later ^iJjgj. than 120 days after the date of the enactment of this Act, the publication. Secretary of Agriculture shall publish in the Federal Register proposed regulations to implement the amendments made by this section. The Secretary shall receive comments regarding the regulations during the 30-day period beginning on the date of the publication of the proposed regulations. (2) IMPLEMENTATION. — Not later than 180 days after the date I of the enactment of this Act, the Secretary of Agriculture shall , issue fined regulations to implement the amendments made by this section. The Secretary shall provide for the regulations to