SEC-305 -- DEFINITIONS.


 For purposes of this subtitle:

 (1) Board of directors.-The term "Board of Directors" or "Board"
means the Board of Directors of the National Homeownership Trust under
section 302(b).

 (2) Displaced homemaker.-The term "displaced homemaker" means an
individual who-

 (A) is an adult;

 (B) has not worked full-time full-year in the labor force for a number
of years, but has during such years, worked primarily without
remuneration to care for the home and family; and

 (C) is unemployed or underemployed and is experiencing difficulty in
obtaining or upgrading employment.

 (3) Fund.-The term "Fund" means the National Homeownership Trust Fund
established in section 304.

 (4) Single parent.-The term "single parent" means an individual who-

 (A) is unmarried or legally separated from a spouse; and

 (B)(i) has 1 or more minor children for whom the individual has custody
or joint custody; or

 (ii) is pregnant.

 (5) State.-The term "State" means the States of the United States,
the District of Columbia, the Commonwealth of Puerto Rico, the
Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands,
American Samoa, the Trust Territory of the Pacific Islands, and any
other territory or possession of the United States.

 (6) Trust.-The term "Trust" means the National Homeownership Trust
established in section 302.