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42 U.S.C. § 1483 — Program levels and authorizations
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general**
(1) The Secretary may, to the extent approved in appropriation Acts, insure and guarantee loans under this subchapter during fiscal years 1993 and 1994, in aggregate amounts not to exceed $2,446,855,600 and $2,549,623,535, respectively, as follows:
(A) For insured or guaranteed loans under [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim) on behalf of low-income borrowers receiving assistance under [section 1490a(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/1&num=0&edition=prelim), $1,676,484,000 for fiscal year 1993 and $1,746,896,328 for fiscal year 1994.
(B) For guaranteed loans under [section 1472(h) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/h&num=0&edition=prelim) on behalf of low- and moderate-income borrowers, such sums as may be appropriated for fiscal years 1993 and 1994.
(C) For loans under [section 1474 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1474&num=0&edition=prelim), $12,400,000 for fiscal year 1993 and $12,920,800 for fiscal year 1994.
(D) For insured loans under [section 1484 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1484&num=0&edition=prelim), $16,821,600 for fiscal year 1993 and $17,528,107 for fiscal year 1994.
(E) For insured loans under [section 1485 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1485&num=0&edition=prelim), $739,500,000 for fiscal year 1993 and $770,559,000 for fiscal year 1994.
(F) For loans under [section 1490c(b)(1)(B) of this title](https://uscode.house.gov/
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Source file: Laws/federal/codes/united-states-code/title-42/section-1483-program-levels-and-authorizations--0bbe7eb77a.md
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Source location: Title 42, Chapter 8A, § 1483; chapter-8a-slum-clearance-urban-renewal-and-farm-housing.md
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**(a) In general**
(1) The Secretary may, to the extent approved in appropriation Acts, insure and guarantee loans under this subchapter during fiscal years 1993 and 1994, in aggregate amounts not to exceed $2,446,855,600 and $2,549,623,535, respectively, as follows:
(A) For insured or guaranteed loans under [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim) on behalf of low-income borrowers receiving assistance under [section 1490a(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/1&num=0&edition=prelim), $1,676,484,000 for fiscal year 1993 and $1,746,896,328 for fiscal year 1994.
(B) For guaranteed loans under [section 1472(h) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/h&num=0&edition=prelim) on behalf of low- and moderate-income borrowers, such sums as may be appropriated for fiscal years 1993 and 1994.
(C) For loans under [section 1474 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1474&num=0&edition=prelim), $12,400,000 for fiscal year 1993 and $12,920,800 for fiscal year 1994.
(D) For insured loans under [section 1484 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1484&num=0&edition=prelim), $16,821,600 for fiscal year 1993 and $17,528,107 for fiscal year 1994.
(E) For insured loans under [section 1485 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1485&num=0&edition=prelim), $739,500,000 for fiscal year 1993 and $770,559,000 for fiscal year 1994.
(F) For loans under [section 1490c(b)(1)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490c/b/1/B&num=0&edition=prelim), $800,000 for fiscal year 1993 and $833,600 for fiscal year 1994.
(G) For site loans under [section 1490d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490d&num=0&edition=prelim), $850,000 for fiscal year 1993 and $885,700 for fiscal year 1994.
(2) Notwithstanding any other provision of law, insured and guaranteed loan authority authorized in this subchapter for any fiscal year beginning after September 30, 1984, shall not be transferred or used for any purpose not specified in this subchapter.
**(b) Authorization of appropriations** There are authorized to be appropriated for fiscal years 1993 and 1994, and to remain available until expended, the following amounts:
(1) For grants under [section 1472(f)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/f/1&num=0&edition=prelim), $1,100,000 for fiscal year 1993 and $1,146,200 for fiscal year 1994.
(2) For grants under [section 1474 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1474&num=0&edition=prelim), $21,100,000 for fiscal year 1993 and $21,986,200 for fiscal year 1994.
(3) For purposes of [section 1479(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1479/c&num=0&edition=prelim), $600,000 for fiscal year 1993 and $625,200 for fiscal year 1994.
(4) For project preparation grants under [section 1479(f)(6) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1479/f/6&num=0&edition=prelim), $5,300,000 in fiscal year 1993 and $5,522,600 in fiscal year 1994.
(5) In fiscal years 1993 and 1994, such sums as may be necessary to meet payments on notes or other obligations issued by the Secretary under [section 1481 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1481&num=0&edition=prelim) equal to—
(A) the aggregate of the contributions made by the Secretary in the form of credits on principal due on loans made pursuant to [section 1473 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1473&num=0&edition=prelim); and
(B) the interest due on a similar sum represented by notes or other obligations issued by the Secretary.
(6) For grants for service coordinators under [section 1485(y) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1485/y&num=0&edition=prelim), $1,000,000 in fiscal year 1993 and $1,042,000 in fiscal year 1994.
(7) For financial assistance under [section 1486 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1486&num=0&edition=prelim)—
(A) for low-rent housing and related facilities for domestic farm labor under subsections (a) through (j) of such section, $21,700,000 for fiscal year 1993 and $22,611,400 for fiscal year 1994; and
(B) for housing for rural homeless and migrant farmworkers under subsection (k) of such section, $10,500,000 for fiscal year 1993 and $10,941,000 for fiscal year 1994.
(8) For grants under section 1490c(f) 11 See References in Text note below. of this title, $13,900,000 for fiscal year 1993 and $14,483,800 for fiscal year 1994.
(9) For grants under [section 1490m of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490m&num=0&edition=prelim), $30,800,000 for fiscal year 1993 and $32,093,600 for fiscal year 1994.
**(c) Rental assistance**
(1) The Secretary, to the extent approved in appropriations Acts for fiscal years 1993 and 1994, may enter into rental assistance payment contracts under [section 1490a(a)(2)(A) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/2/A&num=0&edition=prelim) aggregating $414,100,000 for fiscal year 1993 and $431,492,200 for fiscal year 1994.
(2) Any authority approved in appropriation Acts for fiscal year 1988 or any succeeding fiscal year for rental assistance payment contracts under [section 1490a(a)(2)(A) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/2/A&num=0&edition=prelim) or contracts for operating assistance under [section 1490a(a)(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a/5&num=0&edition=prelim) shall be used by the Secretary—
(A) to renew rental assistance payment contracts or operating assistance contracts that expire during such fiscal year;
(B) to provide amounts required to continue assistance payments for the remaining period of an existing contract, in any case in which the original amount of assistance is used prior to the end of the term of the contract; and
(C) to make additional rental assistance payment contracts or operating assistance contracts for existing or newly constructed dwelling units.
**(d) Supplemental rental assistance contracts** The Secretary, to the extent approved in appropriations Acts for fiscal years 1993 and 1994, may enter into 5-year supplemental rental assistance contracts under [section 1472(c)(5)(D) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/c/5/D&num=0&edition=prelim) aggregating $12,178,000 for fiscal year 1993 and $12,689,476 for fiscal year 1994.
**(e) Authorization of appropriations** There are authorized to be appropriated for rural housing vouchers under [section 1490r of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490r&num=0&edition=prelim), $130,000,000 for fiscal year 1993 and $140,000,000 for fiscal year 1994.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act Aug. 2, 1954, ch. 649, title VIII, § 815, 68 Stat. 647, required submission of specifications by applicants prior to award of any contract for construction of a project and submission of data with respect to acquisition of land prior to authorization to purchase such land.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1437f
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) **In general.—** — The Secretary may make loans, on such terms and conditions and in such amounts he deems necessary, to public or private nonprofit organizations and to Indian tribes for the acquisition and development of land as building sites to be subdivided and sold to families, nonprofit organizations, public agencies, and cooperatives eligible for assistance under any section of this subchapter or under any other law which provides financial assistance for housing low- and moderate-income families. Such a loan shall bear interest at a rate prescribed by the Secretary taking into consideration a rate determined annually by the Secretary of the Treasury as the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans, adjusted to the nearest one-eighth of 1 per centum, and shall be repaid within a period not to exceed five years from the making of the loan or within such additional period as may be authorized by the Secretary in any case as being necessary to carry out the purposes of this section.
(2) **Revolving funds.—** — The Secretary may make grants to nonprofit housing agencies to establish revolving loan funds for the acquisition and preparation of building sites for low-income housing. Any proceeds and repayments from such loans shall be returned to the revolving loan fund to be used for purposes related to this section. Loan funds and interest payments shall be used solely for the acquisition of land; the preparation of land for building sites; the payment of reimbursable legal and technical costs; and technical assistance and administrative costs, not to exceed 10 percent of the fund.
**(b)** In determining whether to extend
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1490d
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Construction in accordance with plans and specifications; supervision and inspection; technical services and research** In connection with financial assistance authorized in this subchapter, the Secretary shall require that all new buildings and repairs financed under this subchapter shall be substantially constructed and in accordance with such building plans and specifications as may be required by the Secretary. Buildings and repairs constructed with funds advanced pursuant to this subchapter shall be supervised and inspected as required by the Secretary. In addition to the financial assistance authorized in this subchapter, the Secretary is authorized to furnish, through such agencies as he may determine, to any person, including a person eligible for financial assistance under this subchapter, without charge or at such charges as the Secretary may determine, technical services such as building plans, specifications, construction supervision and inspection, and advice and information regarding farm dwellings and other buildings.
**(b) Research and technical studies for reduction of costs and adaptation and development of fixtures and appurtenances** The Secretary is further authorized and directed to conduct research, technical studies, and demonstrations relating to the mission and programs of the Farmers Home Administration and the national housing goals defined in [section 1441 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1441&num=0&edition=prelim). In connection with such activities, the Secretary shall seek to promote the construction of adequate farm and other rural housing, with particular attention to the housing needs of the elderly, handicapped, migrant and seasonal farmworkers, Indians and other identif
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1476
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Statement of purposes** The purpose of this section is to authorize the Secretary to make grants to eligible grantees including private nonprofit organizations, Indian tribes, general units of local government, counties, States, and consortia of other eligible grantees, in order to—
(1) rehabilitate or replace single family housing in rural areas which is owned by low- and very low-income persons and families, and
(2) rehabilitate or replace rental properties or cooperative housing which has a membership resale structure that enables the cooperative to maintain affordability for persons of low income in rural areas serving low- and very low-income occupants.
The Secretary may also provide tenant-based assistance as provided under [section 1437f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437f&num=0&edition=prelim) or [section 1490r of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490r&num=0&edition=prelim) upon the request of grantees in order to minimize the displacement of very low-income tenants residing in units rehabilitated or replaced with assistance under this section.
**(b) Mandatory program requirements** Preservation programs assisted under this section shall—
(1) be used to provide loans or grants to owners of single family housing in order to cover the cost of repairs and improvements;
(2) be used to provide loans or grants, not to exceed $15,000 per unit, to owners of single family housing to replace existing housing if repair or rehabilitation of the housing is determined by the Secretary not to be practicable and the owner of the housing is unable to afford a loan under [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-pr
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1490m
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization; terms and conditions** The Secretary is authorized to insure and make commitments to insure loans made by lenders other than the United States to the owner of any farm or any association of farmers for the purpose of providing housing and related facilities for domestic farm labor, or to any Indian tribe for such purpose, or to any State (or political subdivision thereof), or any broad-based public or private nonprofit organization, or any limited partnership in which the general partner is a nonprofit entity, or any nonprofit organization of farmworkers incorporated within the State for the purpose of providing housing and related facilities for domestic farm labor any place within the State where a need exists. All such loans shall be made in accordance with terms and conditions substantially identical with those specified in [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim), except that—
(1) no such loan shall be insured in an amount in excess of the value of the farm involved less any prior liens in the case of a loan to an individual owner of a farm, or the total estimated value of the structures and facilities with respect to which the loan is made in the case of any other loan;
(2) no such loan shall be insured if it bears interest at a rate in excess of 1 per centum per annum;
(3) out of interest payments by the borrower the Secretary shall retain a charge in an amount not less than one-half of 1 per centum per annum of the unpaid principal balance of the loan;
(4) the insurance contracts and agreements with respect to any loan may contain provisions for servicing the loan by the Secretary or by the lender, and for the purchase by the Secretary of the loan
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1484
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Application; considerations** Upon the application of any State or political subdivision thereof, or any Indian tribe, or any broad-based public or private nonprofit organization incorporated within the State, or any nonprofit organization of farmworkers incorporated within the State, the Secretary is authorized to provide financial assistance for the provision of low-rent housing and related facilities (which may be located any place within the State) for domestic farm labor, if he finds that—
(1) the housing and related facilities for which financial assistance is requested will fulfill a pressing need in the area in which such housing and facilities will be located, and there is reasonable doubt that the same can be provided without financial assistance under this section;
(2) the applicant will contribute, from its own resources or from funds borrowed under [section 1484 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1484&num=0&edition=prelim) or elsewhere, at least 10 per centum of the total development cost;
(3) the types of housing and related facilities to be provided are most practicable, giving due consideration to the purposes to be served thereby and the needs of the occupants thereof, and such housing and facilities shall be durable and suitable for year-around occupancy or use, unless the Secretary finds that there is no need for such year-around occupancy or use in that area; and
(4) the construction will be undertaken in an economical manner, and the housing and related facilities will not be of elaborate or extravagant design or material.
**(b) Maximum amount of assistance** The amount of any financial assistance provided under this section for low-rent housing and related facilities shall not excee
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1486
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary may issue notes and other obligations for purchase by the Secretary of the Treasury for the purpose of making direct loans under this subchapter. The notes and obligations issued by the Secretary shall be secured by the obligations of borrowers and the Secretary’s commitments to make contributions under this subchapter and shall be repaid from the payment of principal and interest on the obligations of the borrowers and from funds appropriated hereunder. The notes and other obligations issued by the Secretary shall be in such forms and denominations, shall have such maturities, and shall be subject to such terms and conditions as may be prescribed by the Secretary with the approval of the Secretary of the Treasury. Each such note or other obligation shall bear interest at the average rate, as determined by the Secretary of the Treasury, payable by the Treasury upon its marketable public obligations outstanding at the beginning of the fiscal year in which such note or other obligation is issued, which are neither due nor callable for redemption for 15 years from their date of issue. The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations of the Secretary issued hereunder and for such purpose is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under chapter 31 of title 31, and the purposes for which securities may be issued under such chapter are extended to include any purchases of such obligations. The Secretary of the Treasury may at any time sell any of the notes or obligations acquired by him under this section. All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or obligations shall be treated as public debt transactions of th
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1481
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Direct loans; authorization; terms and conditions; revolving fund; appropriation** The Secretary is authorized to make loans to private nonprofit corporations and consumer cooperatives and Indian tribes to provide rental or cooperative housing and related facilities for elderly or handicapped persons or families of low or moderate income or other persons and families of low income in rural areas, in accordance with terms and conditions substantially identical with those specified in [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim); except that—
(1) no such loan shall exceed the development cost or the value of the security, whichever is less;
(2) such a loan may be made for a period of up to 30 years from the making of the loan; and
(3) such a loan, when made to a consumer cooperative for cooperative housing purposes, may, notwithstanding any other provision of law, be made upon the condition that any person who is admitted as an eligible member and tenant of the cooperative may not subsequently be deprived of his membership or tenancy by reason of his no longer meeting the income eligibility requirements established by the Secretary.
There is authorized to be appropriated not to exceed $50,000,000, which shall constitute a revolving fund to be used by the Secretary in carrying out this subsection.
**(b) Insurance of loans; authorization; terms and conditions; utilization of Agricultural Credit Insurance Fund** The Secretary is authorized to insure and make commitments to insure loans made to any individual, corporation, association, trust, Indian tribe, or partnership to provide rental or cooperative housing and related facilities for elderly or handicapped persons or families
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1485
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** To such extent or in such amounts as are approved in appropriation Acts, the Secretary shall carry out a rural housing voucher program to assist very low-income families and persons to reside in rental housing in rural areas. For such purposes, the Secretary may provide assistance using a payment standard based on the fair market rental rate established by the Secretary for the area. The monthly assistance payment for any family shall be the amount by which the payment standard for the area exceeds 30 per centum of the family’s monthly adjusted income, except that such monthly assistance payment shall not exceed the amount which the rent for the dwelling unit (including the amount allowed for utilities in the case of a unit with separate utility metering) exceeds 10 per centum of the family’s monthly gross income.
**(b) Coordination and limitation** In carrying out the rural housing voucher program under this section, the Secretary shall—
(1) coordinate activities under this section with activities assisted under sections 1485 and 1490m of this title; and
(2) enter into contracts for assistance for not more than 5000 units in any fiscal year.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1490r
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Federal law — U.S. Code and appendices · legal_authorities
If the Secretary determines (a) that, because of the inadequacy of the income of an eligible applicant from the farm to be improved and from other sources, said applicant may not reasonably be expected to make annual repayments of principal and interest in an amount sufficient to repay the loan in full within the period of time prescribed by the Secretary as authorized in this subchapter; (b) that the income of the applicant may be sufficiently increased within a period of not to exceed five years by improvement or enlargement of the farm or an adjustment of the farm practices or methods; and (c) that the applicant has adopted and may reasonably be expected to put into effect a plan of farm improvement, enlargement, or adjusted practices or production which, in the opinion of the Secretary, will increase the applicant’s income from said farm within a period of not to exceed five years to the extent that the applicant may be expected thereafter to make annual repayments of principal and interest sufficient to repay the balance of the indebtedness less payments in cash and credits for the contributions to be made by the Secretary as hereinafter provided, the Secretary may make a loan in an amount necessary to provide adequate farm dwellings and buildings on said farm under the terms and conditions prescribed in [section 1472 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472&num=0&edition=prelim). In addition, the Secretary may agree with the borrower to make annual contributions during the said five-year period in the form of credits on the borrower’s indebtedness in an amount not to exceed the annual installment of interest and 50 per centum of the principal payments accruing during any installment year up to and including th
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1473
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