Page:United States Statutes at Large Volume 111 Part 2.djvu/88

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Ill STAT. 1168 PUBLIC LAW 105-50—OCT. 6, 1997 determines that the property will be used for low-income housing opportunities through the construction, rehabilitation, or refurbishment of self-help housing, under terms that require that— "(i) any individual or family receiving housing or housing assistance constructed, rehabilitated, or refurbished through use of the property shall contribute a significant amount of labor toward the construction, rehabilitation, or refurbishment; and "(ii) dwellings constructed, rehabilitated, or refurbished through use of the property shall be quality dwellings that comply with local building and safety codes and standards and shall be available at prices below prevailing market prices. Gmdelines. "(D)(i) The Administrator shall ensure that nonprofit organizations that are sold or leased property under subparagraph (B) shall develop and use guidelines to take into consideration any disability of an individual for the purposes of fulfilling any self- help requirement under subparagraph (C)(i). "(ii) For purposes of this subparagraph, the term 'disability' has the meaning given such term under section 3(2) of the Americans with Disabilities Act of 1990 (42 U.S.C. 12102(2)). "(E)(i) In fixing the sale or lease value of property to be disposed of under this paragraph, the Secretary of Housing and Urban Development shall take into consideration and discount the value with respect to any benefit which has accrued or may accrue to the United States from the use of such property by any such State, political subdivision, instrumentality, or nonprofit organization. "(ii) The amount of the discount under clause (i) shall be 75 percent of the market value of the property, except that the Secretary may discount by a greater percentage if the Secretary, in consultation with the Administrator, determines that a higher percentage is justified.". (b) CONFORMING AMENDMENTS.— Section 203(k)(4) of such Act (40 U.S.C. 484(k)(4)) is amended— (1) in subparagraph (C), by striking "or" after the semicolon; (2) in subparagraph (D), by striking the period at the end and inserting "; or"; and (3) by inserting after subparagraph (D) the following: