42 U.S.C. § 1437aaa–8

Annual report (THE PUBLIC HEALTH AND WELFARE (42 U.S.C.))

In Force
Verified 9/13/2026 · Next check 10/13/2026
effective 8/28/2026FederalAffordable Housing Programs

Operative Text

42 U.S.C. § 1437aaa–8
The Secretary shall annually submit to the Congress a report setting forth—

the number, type, and cost of public housing units sold pursuant to this subchapter;

the income, race, gender, children, and other characteristics of families participating (or not participating) in homeownership programs funded under this subchapter;

the amount and type of financial assistance provided under and in conjunction with this subchapter;

the amount of financial assistance provided under this subchapter that was needed to ensure continued affordability and meet future maintenance and repair costs; and

the recommendations of the Secretary for statutory and regulatory improvements to the program.
Source: Legislative text reproduced verbatim
Plain English

Under 42 U.S.C. § 1437aaa–8, the Secretary of Housing and Urban Development is required to send Congress a yearly report covering the public housing units sold under this subchapter, the demographic and financial profiles of families who did or did not participate in the homeownership programs, the types and amounts of financial assistance provided, the funding needed to maintain affordability and cover future repairs, and the Secretary's own recommendations for improving the program. This reporting requirement creates a formal, recurring accountability mechanism between the executive branch and Congress. The provision does not directly regulate landlords or tenants but shapes the public record and legislative oversight of federally funded public housing homeownership initiatives.

Written by anthropic/claude-sonnet-4.6 · Reviewed on September 3, 2026

Plain English — not legal advice.

For Property Managers

Property owners or managers involved in public housing homeownership programs operating under this subchapter should be aware that 42 U.S.C. § 1437aaa–8 mandates that detailed program data—including unit costs, financial assistance amounts, and maintenance funding needs—be compiled and reported to Congress each year. Compliant program administrators generally maintain thorough records of transactions, assistance disbursements, and property conditions so that accurate data can flow upward to federal reporting channels. Understanding that this annual reporting exists can help operators anticipate the level of federal scrutiny and documentation standards associated with participation in these programs.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

For tenants or residents participating in or considering homeownership programs funded under this subchapter, 42 U.S.C. § 1437aaa–8 means that demographic and financial information about program participants—including income, race, gender, and family composition—is collected and reported to Congress annually. This public accountability mechanism means that program outcomes, including affordability support and maintenance funding gaps, are subject to ongoing congressional review. Tenants who believe program data is being inaccurately reported or that affordability obligations are not being met may find it useful to contact a local tenant-rights organization or a HUD field office to understand what oversight channels are available.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated September 3, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Aug 28, 2026
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Related Rules

§ 1437
Declaration of policy and public housing agency organization
§ 5.100
§ 5.100 Definitions.
§ 5.107
§ 5.107 Audit requirements for non-profit organizations.

Source Information