Definitions

For purposes of section 1441a–2 of this title: The term “State housing finance authority” means any public agency, authority, or corporation which— The term “nonprofit entity” means any not-for-profit corporation chartered under State law that is exempt from Federal taxation under section 501(c) of title 26 and no part of the net earnings of which inures to the benefit of any member, founder, contributor, or individual (including any nonprofit entity established by the corporation established under title IX of the Housing and Urban Development Act of 1968 [42 U.S.C. 3931 et seq.]). The term “mortgage-related assets” means— The term “net income” means income after deduction of all associated expenses calculated in accordance with generally accepted accounting principles.