42 U.S.C. § 1397n-12

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 1397n-12 - Definitions

In this division:

(1) Agency

The term "agency" has the meaning given that term in section 551 of title 5.

(2) Intervention

The term "intervention" means a specific service delivered to achieve an impact through a social impact partnership project.

(3) Secretary

The term "Secretary" means the Secretary of the Treasury.

(4) Social impact partnership project

The term "social impact partnership project" means a project that finances social services using a social impact partnership model.

(5) Social impact partnership model

The term "social impact partnership model" means a method of financing social services in which-

(A) Federal funds are awarded to a State or local government only if a State or local government achieves certain outcomes agreed on by the State or local government and the Secretary; and

(B) the State or local government coordinates with service providers, investors (if applicable to the project), and (if necessary) an intermediary to identify-

(i) an intervention expected to produce the outcome;

(ii) a service provider to deliver the intervention to the target population; and

(iii) investors to fund the delivery of the intervention.

(6) State

The term "State" means each State of the United States, the District of Columbia, each commonwealth, territory or possession of the United States, and each federally recognized Indian tribe.

42 U.S.C. § 1397n-12

Aug. 14, 1935, ch. 531, title XX, §2063, as added Pub. L. 115-123, div. E, title VIII, §50802(2), Feb. 9, 2018, 132 Stat. 282.

Secretary

The term "Secretary" means the Secretary of Housing and Urban Development.1See References in Text note below.

United States

The term "United States" means (but only for purposes of subparagraphs (A) and (B) of this paragraph) the fifty States and the District of Columbia.

project

The terms "federally assisted housing" and "project" mean-(A) a public housing project (as such term is defined in section 3(b) of the United States Housing Act of 1937 [42 U.S.C. 1437a(b)] );(B) housing for which project-based assistance is provided under section 8 of the United States Housing Act of 1937 [42 U.S.C. 1437f] ;(C) housing that is assisted under section 1701q of title 12;(D) housing that is assisted under section 1701q of title 12, as such section existed before November 28, 1990;(E) housing financed by a loan or mortgage insured under section 1715l(d)(3) of title 12 that bears interest at a rate determined under the proviso of section 1715l(d)(5) of title 12;(F) housing insured, assisted, or held by the Secretary or a State or State agency under section 1715z-1 of title 12;(G) housing constructed or substantially rehabilitated pursuant to assistance provided under section 8(b)(2) of the United States Housing Act of 1937 [42 U.S.C. 1437f(b)(2)], as in effect before October 1, 1983, that is assisted under a contract for assistance under such section; and(H) housing that is assisted under section 80131 of this title.