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Increase the supply of housing in AmericaSection 207 › Proposal

No more than 10 percent may go to administrative costs

To increase the supply of housing in America, and for other purposes, section 207, Sec. 207. Written by .

No more than 10 percent may go to administrative costs

The document says “may notWho acts: eligible entitiesHow: statuteSec. 207 in the PDF
What the document says

“A eligible entity that receives amounts under this section may not use more than 10 percent of those amounts for administrative costs.”

To increase the supply of housing in America, and for other purposes, Sec. 207

The section bars an eligible entity from using more than 10 percent of the money it receives for administrative costs.

What the document actually says

“A eligible entity that receives amounts under this section may not use more than 10 percent of those amounts for administrative costs.”

To increase the supply of housing in America, and for other purposes, Sec. 207
That sentence, in plain words

Some of the money can pay for running the program. That share stops at 10 percent.

What this is about

Administrative costs are the cost of paperwork and staff time. Every program has some. The cap keeps most of the money on the work itself.

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