(2) Minimum requirements The Secretary shall require that an application contain at a minimum
(A) a request for an implementation grant, specifying the amount of the grant requested and its proposed uses;
(B) if applicable, an application for assistance under section
1437f of this title, which shall specify the proposed uses of such assistance and the period during which the assistance will be needed;
(C) a description of the qualifications and experience of the applicant in providing housing for low-income families;
(D) a description of the proposed homeownership program, consistent with section
1437aaa–3 of this title and the other requirements of this subchapter, which shall specify the activities proposed to be carried out and their estimated costs, identifying reasonable schedules for carrying it out, and demonstrating that the program will comply with the affordability requirements under section
1437aaa–3 (b) of this title;
(E) identification and description of the public housing project or projects involved, and a description of the composition of the tenants, including family size and income;
(F) a description of and commitment for the resources that are expected to be made available to provide the matching funding required under subsection (c) of this section and of other resources that are expected to be made available in support of the homeownership program;
(G) identification and description of the financing proposed for any
(i) rehabilitation and
(ii) acquisition
(I) of the property, where applicable, by a resident council or other entity for transfer to eligible families, and
(II) by eligible families of ownership interests in, or shares representing, units in the project;
(H) if the applicant is not a public housing agency, the proposed sales price, if any, the basis for such price determination, and terms to the applicant;
(I) the estimated sales prices, if any, and terms to eligible families;
(J) any proposed restrictions on the resale of units under a homeownership program;
(K) identification and description of the entity that will operate and manage the property;
(L) a certification by the public official responsible for submitting the comprehensive housing affordability strategy under section 105 of the Cranston-Gonzalez National Affordable Housing Act [
42 U.S.C.
12705] that the proposed activities are consistent with the approved housing strategy of the State or unit of general local government within which the project is located (or, during the first 12 months after November 28, 1990, that the application is consistent with such other existing State or local housing plan or strategy that the Secretary shall determine to be appropriate); and
(M) a certification that the applicant will comply with the requirements of the Fair Housing Act [
42 U.S.C.
3601 et seq.], title VI of the Civil Rights Act of 1964 [
42 U.S.C.
2000d et seq.], section
794 of title
29, and the Age Discrimination Act of 1975 [
42 U.S.C.
6101 et seq.], and will affirmatively further fair housing.