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42 U.S.C. § 4525 — Repealed. Pub. L. 98–181, title I [title IV, § 474(e)], Nov. 30, 1983, 97 Stat. 1239
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
The new communities program was liquidated and its assets and liabilities transferred pursuant to sections 1701g–5a and 1701g–5b of Title 12, Banks and Banking.
Section 4511, Pub. L. 91–609, title VII, § 710, Dec. 31, 1970, 84 Stat. 1793, set out Congressional findings and purpose in setting up program for development of new communities.
Section 4512, Pub. L. 91–609, title VII, § 711, Dec. 31, 1970, 84 Stat. 1795; Pub. L. 93–383, title VIII, § 803(a)(1), (e), Aug. 22, 1974, 88 Stat. 725, defined terms used in this part.
Section 4513, Pub. L. 91–609, title VII, § 712, Dec. 31, 1970, 84 Stat. 1796, set out conditions under which a new community development program qualified for assistance under this part.
Section 4514, Pub. L. 91–609, title VII, § 713, Dec. 31, 1970, 84 Stat. 1796; Pub. L. 93–117, § 12, Oct. 2, 1973, 87 Stat. 423; Pub. L. 93–383, title VIII, § 803(a)(1), (c), Aug. 22, 1974, 88 Stat. 725, authorized guarantee of bonds, notes, debentures, and other obligations in connection with approved new community developments.
Section 4515, Pub. L. 91–609, title VII, § 714, Dec. 31, 1970, 84 Stat. 1797; Pub. L. 93–383, title VIII, § 803(a)(1), Aug. 22, 1974, 88 Stat. 725, authorized making of loans by Secretary in connection with new community developments.
Section 4516, Pub. L. 91–609, title VII, § 715, Dec. 31, 1970, 84 Stat. 1798; Pub. L. 93–383, title VIII, § 803(a)(1), Aug. 22, 1974, 88 Stat. 725, provided for public service grants and authorized appropriations therefor.
Section 4517, Pub. L. 91–609, title VII, § 716, Dec. 31, 1970, 84 Stat. 1798, set limitations on guarantees and loans.
Section 4518, Pub. L. 91–609, title VII, § 717, Dec. 31, 1970, 84 Stat. 1798; Pub. L. 97–35, title III, § 339F, Aug. 13, 1981, 95 Stat. 418, created a
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Source file: Laws/federal/codes/united-states-code/title-42/section-4525-repealed-pub-l-98181-title-i-title-iv-474-e-nov-30-1983-97-stat-1239--cea3482132.md
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Source location: Title 42, Chapter 59, § 4525; chapter-059-national-urban-policy-and-new-community-development.md
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### Statutory Notes
The new communities program was liquidated and its assets and liabilities transferred pursuant to sections 1701g–5a and 1701g–5b of Title 12, Banks and Banking.
Section 4511, Pub. L. 91–609, title VII, § 710, Dec. 31, 1970, 84 Stat. 1793, set out Congressional findings and purpose in setting up program for development of new communities.
Section 4512, Pub. L. 91–609, title VII, § 711, Dec. 31, 1970, 84 Stat. 1795; Pub. L. 93–383, title VIII, § 803(a)(1), (e), Aug. 22, 1974, 88 Stat. 725, defined terms used in this part.
Section 4513, Pub. L. 91–609, title VII, § 712, Dec. 31, 1970, 84 Stat. 1796, set out conditions under which a new community development program qualified for assistance under this part.
Section 4514, Pub. L. 91–609, title VII, § 713, Dec. 31, 1970, 84 Stat. 1796; Pub. L. 93–117, § 12, Oct. 2, 1973, 87 Stat. 423; Pub. L. 93–383, title VIII, § 803(a)(1), (c), Aug. 22, 1974, 88 Stat. 725, authorized guarantee of bonds, notes, debentures, and other obligations in connection with approved new community developments.
Section 4515, Pub. L. 91–609, title VII, § 714, Dec. 31, 1970, 84 Stat. 1797; Pub. L. 93–383, title VIII, § 803(a)(1), Aug. 22, 1974, 88 Stat. 725, authorized making of loans by Secretary in connection with new community developments.
Section 4516, Pub. L. 91–609, title VII, § 715, Dec. 31, 1970, 84 Stat. 1798; Pub. L. 93–383, title VIII, § 803(a)(1), Aug. 22, 1974, 88 Stat. 725, provided for public service grants and authorized appropriations therefor.
Section 4517, Pub. L. 91–609, title VII, § 716, Dec. 31, 1970, 84 Stat. 1798, set limitations on guarantees and loans.
Section 4518, Pub. L. 91–609, title VII, § 717, Dec. 31, 1970, 84 Stat. 1798; Pub. L. 97–35, title III, § 339F, Aug. 13, 1981, 95 Stat. 418, created a revolving fund for use in connection with the new communities development program.
Section 4519, Pub. L. 91–609, title VII, § 718, Dec. 31, 1970, 84 Stat. 1799; Pub. L. 92–213, § 7, Dec. 22, 1971, 85 Stat. 776; Pub. L. 93–383, title VIII, § 803(d), Aug. 22, 1974, 88 Stat. 725, provided for supplementary grants for carrying out new community assistance projects.
Section 4520, Pub. L. 91–609, title VII, § 719, Dec. 31, 1970, 84 Stat. 1800, authorized Secretary to provide technical assistance to private and public bodies in carrying out new community development programs.
Section 4521, Pub. L. 91–609, title VII, § 720, Dec. 31, 1970, 84 Stat. 1800; Pub. L. 94–375, § 19, Aug. 3, 1976, 90 Stat. 1077; Pub. L. 95–128, title II, § 208, Oct. 12, 1977, 91 Stat. 1130; Pub. L. 95–406, § 4, Sept. 30, 1978, 92 Stat. 880; Pub. L. 95–557, title III, § 306, Oct. 31, 1978, 92 Stat. 2097, provided for financial assistance for planning new community development programs.
Section 4522, Pub. L. 91–609, title VII, § 721, Dec. 31, 1970, 84 Stat. 1801, authorized establishment and collection of fees and charges for the guarantees and other assistance provided in the new communities development program.
Section 4523, Pub. L. 91–609, title VII, § 722, Dec. 31, 1970, 84 Stat. 1801, directed Secretary to develop methods of encouraging involvement of small builders in new communities development program.
Section 4524, Pub. L. 91–609, title VII, § 723, Dec. 31, 1970, 84 Stat. 1801, provided authority for new communities demonstration projects.
#### Savings Provision
Pub. L. 98–181, title I [title IV, § 474(e)], Nov. 30, 1983, 97 Stat. 1239, provided in part that: “Section 717 of title VII [[42 U.S.C. 4518](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4518&num=0&edition=prelim)] shall remain in effect until completion of the transfer required in title I of the Department of Housing and Urban Development-Independent Agencies Appropriation Act, 1984 [[12 U.S.C. 1701g–5a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701g–5a&num=0&edition=prelim)].”
Any actions taken, prior to repeal, under the authority of sections 4511 to 4524 and 4528 to 4532 of this title to continue to be valid, with nothing in the repeal impairing the validity of any guarantees which have been made pursuant to this chapter and with such guarantees continuing to be governed by the provisions of this chapter, as it existed immediately before Nov. 30, 1983, see section 474(e) of Pub. L. 98–181, set out in part as a note under [section 3901 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3901&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
Notwithstanding any of the provisions of this subchapter, the Secretary is authorized, upon application by the mortgagee, to insure or to make commitments to insure under section 1738 or [section 1743 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1743&num=0&edition=prelim) any mortgage executed in connection with the sale by the Government, or any agency or official thereof, of any housing acquired or constructed under Public Law 849, Seventy-sixth Congress, as amended; Public Law 781, Seventy-sixth Congress, as amended; or Public Laws 9, 73, or 353, Seventy-seventh Congress, as amended (including any property acquired, held or constructed in connection with such housing or to serve the inhabitants thereof), without regard to—
(1) any limit as to the time when any mortgage may be insured under this subchapter;
(2) any limit as to the aggregate amount of principal obligations of all mortgages insured under this subchapter, but the aggregate amount of principal obligations of all mortgages insured pursuant to this section shall not exceed $750,000,000;
(3) any requirement that the obligation be approved for mortgage insurance prior to the beginning of construction or that the construction be new construction;
(4) any of the provisions of subsections (b)(2) or (b)(5) of [section 1738 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1738&num=0&edition=prelim) or paragraphs (B) and (C) of the first sentence of [section 1743(b)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1743/b/3&num=0&edition=prelim):
The Secretary is further authorized to insure or to make commitments to insure in accordance with the provisions of this section any mort
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1701g–5a
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Federal law — U.S. Code and appendices · legal_authorities
Page 433
TITLE 12—BANKS AND BANKING
§ 1701g–5
tive studies with industry, labor, etc.; and exercise of
powers by Secretary. See sections 1701z–1 to 1701z–4 of
this title.
§ 1701f–1. Repealed. Pub. L. 90–19, § 5(c), May 25,
1967, 81 Stat. 21
Section, act Aug. 10, 1948, ch. 832, title III, § 304, as
added July 15, 1949, ch. 338, title IV, § 401, 63 Stat. 431,
provided for appointment, powers, and compensation of
a Director. Section was previously repealed by Pub. L.
89–534, § 8(a), Sept. 6, 1966, 80 Stat. 655.
§§ 1701g to 1701g–3. Omitted
Editorial Notes
CODIFICATION
Sections 1701g to 1701g–3 were from sections 102 to
102c of the Housing Act of 1948, and provided for loans
to aid production and distribution of prefabricated
housing; provided for loans to assure maintenance of
industrial capacity for production of such homes for
national defense; provided for the powers of the Hous-
ing and Home Finance Administrator; and included mo-
bile or portable houses within the term ‘‘prefabricated
houses’’. Authority for issuance of section 1701g obliga-
tions under section 1(4) of Reorg. Plan No. 23 of 1950 as
terminating June 30, 1954, see section 1701g–5 of this
title. Authority to make or purchase section 1701g–1
loans or obligations as terminating July 31, 1954, see
section 1591c of Title 42, The Public Health and Welfare.
Section 1701g, act Aug. 10, 1948, ch. 832, title I, § 102,
62 Stat. 1275, amended Sept. 1, 1951, ch. 378, title V, § 501,
65 Stat. 311.
Section 1701g–1, act Aug. 10, 1948, ch. 832, title I,
§ 102a, added Sept. 1, 1951, ch. 378, title V, § 502, 65 Stat.
312.
Section 1701g–2, act Aug. 10, 1948, ch. 832, title I,
§ 102b, added Sept. 1, 1951, ch. 378, title V, § 502, 65 Stat.
312; amended July 14, 1952, ch. 723, § 10(e), 66 Stat. 6
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1701g
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Federal law — U.S. Code and appendices · legal_authorities
Page 6187
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 4527
1 See References in Text note below.
out as a note preceding section 21 of Title 2, The Con-
gress. Committee on Banking and Financial Services of
House of Representatives abolished and replaced by
Committee on Financial Services of House of Rep-
resentatives, and jurisdiction over matters relating to
securities and exchanges and insurance generally trans-
ferred from Committee on Energy and Commerce of
House of Representatives by House Resolution No. 5,
One Hundred Seventh Congress, Jan. 3, 2001.
TERMINATION OF REPORTING REQUIREMENTS
For termination, effective May 15, 2000, of reporting
provisions in subsec. (a) of this section, see section 3003
of Pub. L. 104–66, as amended, set out as a note under
section 1113 of Title 31, Money and Finance, and item
1 on page 40 of House Document No. 103–7.
PART B—DEVELOPMENT OF NEW COMMUNITIES
§§ 4511 to 4524. Repealed. Pub. L. 98–181, title I
[title IV, § 474(e)], Nov. 30, 1983, 97 Stat. 1239
The new communities program was liquidated and its
assets and liabilities transferred pursuant to sections
1701g–5a and 1701g–5b of Title 12, Banks and Banking.
Section 4511, Pub. L. 91–609, title VII, § 710, Dec. 31,
1970, 84 Stat. 1793, set out Congressional findings and
purpose in setting up program for development of new
communities.
Section 4512, Pub. L. 91–609, title VII, § 711, Dec. 31,
1970, 84 Stat. 1795; Pub. L. 93–383, title VIII, § 803(a)(1),
(e), Aug. 22, 1974, 88 Stat. 725, defined terms used in this
part.
Section 4513, Pub. L. 91–609, title VII, § 712, Dec. 31,
1970, 84 Stat. 1796, set out conditions under which a new
community development program qualified for assist-
ance under this part.
Section 4514, Pub. L. 91–609, title VII, § 713, Dec. 31
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 4525
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.