### Question
What does nonprofit organization mean?


### Answer
**Nonprofit organization** has the following meaning in *42 U.S.C. § 12898a*:

> a private nonprofit corporation, or other private nonprofit legal entity, that is approved by the Secretary as to financial responsibility

#### Citation:
  - *42 U.S.C. § 12898a*
  - Heading: **CHAPTER 130-NATIONAL AFFORDABLE HOUSING > SUBCHAPTER IV-HOPE FOR HOMEOWNERSHIP OF MULTIFAMILY AND SINGLE FAMILY HOMES > Part B-HOPE for Homeownership of Single Family Homes**

