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42 U.S.C. § 12710 — Capacity study
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary shall ensure that the Department of Housing and Urban Development has adequate capacity and resources, including staff and training programs, to carry out its mission and responsibilities to implement the provisions of this Act, including the ability of the Department to carry out the multifamily mortgage insurance program, and the ability to respond to areas identified as “material weaknesses” by the Office of the Inspector General in financial audits or other reports.
**(b) Report** Not later than 60 days after November 28, 1990, and annually thereafter, the Secretary shall prepare and submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Banking, Finance and Urban Affairs of the House of Representatives a study detailing the Department’s plan to maintain such capacity, together with any recommendations for legislative and administrative action as the Secretary determines to be appropriate.
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Source location: Title 42, Chapter 130, § 12710; chapter-130-national-affordable-housing.md
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**(a) In general** The Secretary shall ensure that the Department of Housing and Urban Development has adequate capacity and resources, including staff and training programs, to carry out its mission and responsibilities to implement the provisions of this Act, including the ability of the Department to carry out the multifamily mortgage insurance program, and the ability to respond to areas identified as “material weaknesses” by the Office of the Inspector General in financial audits or other reports.
**(b) Report** Not later than 60 days after November 28, 1990, and annually thereafter, the Secretary shall prepare and submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Banking, Finance and Urban Affairs of the House of Representatives a study detailing the Department’s plan to maintain such capacity, together with any recommendations for legislative and administrative action as the Secretary determines to be appropriate.
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Federal law — U.S. Code and appendices · legal_authorities
The Congress affirms the national goal that every American family be able to afford a decent home in a suitable environment.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 12701
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Federal law — U.S. Code and appendices · legal_authorities
The oath of office shall be administered by the President of the Senate to each Senator who shall be elected, previous to his taking his seat.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Purpose** The purposes of this section are to provide assistance to restore or maintain the financial soundness, to assist in the improvement of the management, to permit capital improvements to be made to maintain certain projects as decent, safe, and sanitary housing, and to maintain the low- to moderate-income character of certain projects assisted or approved for assistance under the National Housing Act [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701&num=0&edition=prelim) et seq.], the United States Housing Act of 1937 [[42 U.S.C. 1437](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437&num=0&edition=prelim) et seq.], the Housing Act of 1959, or the Housing and Urban Development Act of 1965, without regard to whether such projects are insured under the National Housing Act.
**(b) Availability of financial assistance** The Secretary of Housing and Urban Development (hereinafter referred to in this section as the “Secretary”) may make available, and contract to make available, to such extent and in such amounts as may be approved in appropriation Acts, financial assistance to owners of rental or cooperative housing projects meeting the requirements of this section. Such assistance shall be made on an annual basis and in accordance with the provisions of this section, without regard to whether such projects are insured under the National Housing Act [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701&num=0&edition=prelim) et seq.].
**(c) Eligibility for financial assistance** A rental or cooperative housing project is eligible for assistance under this section only if such project—
(1)
(A) is assisted under section 236 [[12 U.S.C.
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Federal law — U.S. Code and appendices · legal_authorities
Page 8449
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 12712
L. 110–140, set out as an Effective Date note under sec-
tion 1824 of Title 2, The Congress.
§ 12710. Capacity study
(a) In general
The Secretary shall ensure that the Depart-
ment of Housing and Urban Development has
adequate capacity and resources, including staff
and training programs, to carry out its mission
and responsibilities to implement the provisions
of this Act, including the ability of the Depart-
ment to carry out the multifamily mortgage in-
surance program, and the ability to respond to
areas identified as ‘‘material weaknesses’’ by
the Office of the Inspector General in financial
audits or other reports.
(b) Report
Not later than 60 days after November 28, 1990,
and annually thereafter, the Secretary shall pre-
pare and submit to the Committee on Banking,
Housing, and Urban Affairs of the Senate and
the Committee on Banking, Finance and Urban
Affairs of the House of Representatives a study
detailing the Department’s plan to maintain
such capacity, together with any recommenda-
tions for legislative and administrative action
as the Secretary determines to be appropriate.
(Pub. L. 101–625, title I, § 110, Nov. 28, 1990, 104
Stat. 4093; Pub. L. 102–550, title IV, § 407, Oct. 28,
1992, 106 Stat. 3778.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in subsec. (a), is Pub. L. 101–625,
Nov. 28, 1990, 104 Stat. 4079, known as the Cranston-Gon-
zalez National Affordable Housing Act. For complete
classification of this Act to the Code, see Short Title
note set out under section 12701 of this title and Tables.
AMENDMENTS
1992—Subsec. (a). Pub. L. 102–550 struck out ‘‘, and’’
after ‘‘responsibilities’’ and substituted for period at
end ‘‘and the ability to respond to
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 12710
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