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42 U.S.C. § 1479 — General powers of Secretary

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1479 — General powers of Secretary

**(a) Standards of adequate farm housing and other buildings; criteria** The Secretary, for the purposes of this subchapter, shall have the power to determine and prescribe the standards of adequate farm housing and other buildings, by farms or localities, taking into consideration, among other factors, the type of housing which will provide decent, safe, and sanitary dwelling for the needs of the family using the housing, the type and character of the farming operations to be conducted, and the size and earning capacity of the land. The Secretary shall approve a residential building as meeting such standards if the building is constructed in accordance with (1) the minimum standards prescribed by the Secretary, (2) the minimum property standards prescribed by the Secretary of Housing and Urban Development for mortgages insured under title II of the National Housing Act [[12 U.S.C. 1707](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1707&num=0&edition=prelim) et seq.], (3) the standards contained in any of the voluntary national model building codes, or (4) in the case of manufactured housing, the standards referred to in [section 1472(e) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/e&num=0&edition=prelim). To the maximum extent feasible, the Secretary shall promote the use of energy saving techniques through standards established by such Secretary for newly constructed residential housing assisted under this subchapter. Such standards shall, insofar as is practicable, be consistent with the standards established pursuant to section 526 of the National Housing Act [[12 U.S.C. 1735f–4](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1735f–4&num=0&edition=prelim)]

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Source location: Title 42, Chapter 8A, § 1479; chapter-8a-slum-clearance-urban-renewal-and-farm-housing.md

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**(a) Standards of adequate farm housing and other buildings; criteria** The Secretary, for the purposes of this subchapter, shall have the power to determine and prescribe the standards of adequate farm housing and other buildings, by farms or localities, taking into consideration, among other factors, the type of housing which will provide decent, safe, and sanitary dwelling for the needs of the family using the housing, the type and character of the farming operations to be conducted, and the size and earning capacity of the land. The Secretary shall approve a residential building as meeting such standards if the building is constructed in accordance with (1) the minimum standards prescribed by the Secretary, (2) the minimum property standards prescribed by the Secretary of Housing and Urban Development for mortgages insured under title II of the National Housing Act [[12 U.S.C. 1707](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1707&num=0&edition=prelim) et seq.], (3) the standards contained in any of the voluntary national model building codes, or (4) in the case of manufactured housing, the standards referred to in [section 1472(e) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1472/e&num=0&edition=prelim). To the maximum extent feasible, the Secretary shall promote the use of energy saving techniques through standards established by such Secretary for newly constructed residential housing assisted under this subchapter. Such standards shall, insofar as is practicable, be consistent with the standards established pursuant to section 526 of the National Housing Act [[12 U.S.C. 1735f–4](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1735f–4&num=0&edition=prelim)] and shall incorporate the energy performance requirements developed pursuant to such section. **(b) Terms or conditions of leases or occupancy agreements subject to change with approval of Secretary** The Secretary may require any recipient of a loan or grant to agree that the availability of improvements constructed or repaired with the proceeds of the loan or grant under this subchapter shall not be a justification for directly or indirectly changing the terms or conditions of the lease or occupancy agreement with the occupants of such farms to the latter’s disadvantage without the approval of the Secretary. **(c) Rural Housing Insurance Fund for payment of expenditures respecting construction defects; judicial review prohibition** The Secretary is authorized, after October 1, 1977, with respect to any unit or dwelling newly constructed during the period beginning eighteen months prior to October 12, 1977, and purchased with financial assistance authorized by this subchapter which he finds to have structural defects to make expenditures for (1) correcting such defects, (2) paying the claims of the owner of the property arising from such defects, or (3) acquiring title to the property, if such assistance is requested by the owner of the property within thirty-six months after financial assistance under this subchapter is rendered to the owner of the property or, in the case of property with respect to which assistance was made available within eighteen months prior to October 12, 1977, within thirty-six months after October 12, 1977. Expenditures pursuant to this subsection may be paid from the Rural Housing Insurance Fund. Decisions by the Secretary regarding such expenditures or payments under this subsection, and the terms and conditions under which the same are approved or disapproved, shall not be subject to judicial review. **(d) Defaults involving security interest in tribal lands** In the event of default involving a security interest in tribal allotted or trust land, the Secretary shall only pursue liquidation after offering to transfer the account to an eligible tribal member, the tribe, or the Indian housing authority serving the tribe or tribes. If the Secretary subsequently proceeds to liquidate the account, the Secretary shall not sell, transfer, or otherwise dispose of or alienate the property except to one of the entities described in the preceding sentence. **(e) Terms and conditions; regulations** The Secretary shall, by regulation, prescribe the terms and conditions under which expenditures and payments may be made under the provisions of this section. **(f) Housing in underserved areas** (1) **Designation of underserved area** — The Secretary shall designate as targeted underserved areas 100 counties and communities in each fiscal year that have severe, unmet housing needs as determined by the Secretary. A county or community shall be eligible for designation if, during the 5-year period preceding the year in which the designation is made, it has received an average annual amount of assistance under this subchapter that is substantially lower than the average annual amount of such assistance received during that 5-year period by other counties and communities in the State that are eligible for such assistance calculated on a per capita basis, and has— (A) 20 percent or more of its population at or below the poverty level; and (B) 10 percent or more of its population residing in substandard housing. As used in this paragraph, the term “poverty level” has the meaning given the term in [section 5302(a)(9) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section5302/a/9&num=0&edition=prelim). (2) **Preferences** — In selecting projects to receive assistance with amounts set aside under paragraph (4), the Secretary shall give preference to any project located in a county or community that has, at the time of designation and as determined by the Secretary— (A) 28 percent or more of its population at or below poverty level; and (B) 13 percent or more of its population residing in substandard housing. In designating underserved areas under paragraph (1), in each fiscal year the Secretary shall designate not less than 5 counties or communities that contain tribal allotted or Indian trust land. (3) **Outreach program and review** (A) *Outreach* — The Secretary shall publicize the availability to targeted underserved areas of grants and loans under this subchapter and promote, to the maximum extent feasible, efforts to apply for those grants and loans for housing in targeted underserved areas. (B) *Review* — Upon the receipt of data from the 1990 decennial census, the Secretary shall conduct a review of any designations made under paragraph (1) and preferences given under paragraph (2) and the eligibility of communities and counties for such designation and preference, examining the effects of such data on such eligibility. The Secretary shall submit to the Congress, not later than 9 months after the availability of the data, a report regarding the review, which shall include any recommendations of the Secretary for modifications in the standards for designation and preference. (4) **Set-aside for targeted underserved areas and colonias** (A) *In general* — The Secretary shall set aside and reserve for assistance in targeted underserved areas an amount equal to 5.0 percent in each fiscal year of the aggregate amount of lending authority under sections 1472, 1474, 1484, 1485, and 1490d of this title. During each fiscal year, the Secretary shall set aside from amounts available for assistance under paragraphs (2) and (5) of [section 1490a(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490a/a&num=0&edition=prelim), an amount that is appropriate to provide assistance with respect to the lending authority under sections 1484 and 1485 of this title that is set aside for such fiscal year. The Secretary shall establish a procedure to reallocate any assistance set aside in any fiscal year for targeted underserved areas that has not been expended during a reasonable period in such year for use in (i) colonias that have applied for and are eligible for assistance under subparagraph (B) or paragraph (7) and did not receive assistance, and (ii) counties and communities eligible for designation as targeted underserved areas but which were not so designated. The procedure shall also provide that any assistance reallocated under the preceding sentence that has not been expended by a reasonable date established by the Secretary (which shall be after the expiration of the period referred to in the preceding sentence) shall be made available and allocated under the laws and regulations relating to such assistance, notwithstanding this subsection. (B) *Priority for colonias* (i) Notwithstanding the designation of counties and communities as targeted underserved areas under paragraph (1) and the provisions of [section 1490 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490&num=0&edition=prelim), colonias shall be eligible for assistance with amounts reserved under subparagraph (A), as provided in this subparagraph. (ii) In providing assistance from amounts reserved under this paragraph in each fiscal year, the Secretary shall give priority to any application for assistance to be used in, or in close proximity to, and serving the residents of, a colonia located in a State described under clause (iii). After the Secretary has provided assistance under the priority for colonias located in a State in an amount equal to 5 percent of the total amount of assistance allocated under this subchapter to such State in the fiscal year, the priority shall not apply to any applications for colonias in such State. (iii) This paragraph shall apply to any State for any fiscal year following 2 fiscal years in which the State obligated the total amount of assistance allocated to it under this subchapter during each of such 2 fiscal years. (5) **List of underserved areas** — The Secretary shall publish annually the current list of targeted underserved areas in the Federal Register. (6) **Project preparation assistance** (A) *In general* — The Secretary may make grants to eligible applicants under subparagraph (D) to promote the development of affordable housing in targeted underserved areas and colonias. (B) *Use* — A grant under this paragraph shall not exceed an amount that the Secretary determines to equal the customary and reasonable costs incurred in preparing an application for a loan under section 1472, 1474, 1484, 1485, or 1490d of this title, or a grant under [section 1490m of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1490m&num=0&edition=prelim) (including preapplication planning, site analysis, market analysis, and other necessary technical assistance). The Secretary shall adjust the loan or grant amount under such sections to take account of project preparation costs that have been paid from grant proceeds under this paragraph and that normally would be reimbursed with proceeds of the loan or grant. (C) *Approval* — The Secretary shall approve a properly submitted application or issue a written statement indicating the reasons for disapproval not later than 60 days after the receipt of the application. (D) *Eligibility* — For purposes of this paragraph, an eligible applicant may be a nonprofit organization or corporation, a community housing development organization, State, unit of general local government, or agency of a State or unit of general local government. (E) *Availability of funding* — Any amounts appropriated to carry out this paragraph shall remain available until expended. (7) **Priority for colonias** (A) *In general* — In providing assistance under this subchapter in any fiscal year described under subparagraph (B), each State in which colonias are located shall give priority to any application for assistance to be used in a colonia. The priority under this subparagraph shall not apply in such State after 5 percent of the assistance available in such fiscal year has been allocated for colonias qualifying for the priority. (B) *Covered years* — This paragraph shall apply to any fiscal year following 2 fiscal years in which the State did not obligate the total amount of assistance allocated it under this subchapter during each of such 2 fiscal years. (8) **“Colonia” defined** — For purposes of this subsection, the term “colonia” means any identifiable community that— (A) is in the State of Arizona, California, New Mexico, or Texas; (B) is in the area of the United States within 150 miles of the border between the United States and Mexico, except that the term does not include any standard metropolitan statistical area that has a population exceeding 1,000,000; (C) is determined to be a colonia on the basis of objective criteria, including lack of potable water supply, lack of adequate sewage systems, and lack of decent, safe, and sanitary housing; and (D) was in existence as a colonia before November 28, 1990.

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1490 — “Rural” and “rural area” defined

As used in this subchapter, the terms “rural” and “rural area” mean any open country, or any place, town, village, or city which is not (except in the cases of Pajaro, in the State of California, and Guadalupe, in the State of Arizona) part of or associated with an urban area and which (1) has a population not in excess of 2,500 inhabitants, or (2) has a population in excess of 2,500 but not in excess of 10,000 if it is rural in character, or (3) has a population in excess of 10,000 but not in excess of 20,000, and (A) is not contained within a standard metropolitan statistical area, and (B) has a serious lack of mortgage credit for lower and moderate-income families, as determined by the Secretary and the Secretary of Housing and Urban Development. For purposes of this subchapter, any area classified as “rural” or a “rural area” prior to October 1, 1990, and determined not to be “rural” or a “rural area” as a result of data received from or after the 1990, 2000, 2010, or 2020 decennial census, and any area deemed to be a “rural area” for purposes of this subchapter under any other provision of law at any time during the period beginning January 1, 2000, and ending December 31, 2020, shall continue to be so classified until the receipt of data from the decennial census in the year 2030, if such area has a population in excess of 10,000 but not in excess of 35,000, is rural in character, and has a serious lack of mortgage credit for lower and moderate-income families. Notwithstanding any other provision of this section, the city of Plainview, Texas, shall be considered a rural area for purposes of this subchapter, and the city of Altus, Oklahoma, shall be considered a rural area for purposes of this subchapter until the receipt of data from the decennial census in the ye

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1490

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1490m — Housing preservation grants

**(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

12 U.S.C. § 1735f–4 — Special Risk Insurance Fund

**(a) Entitlement to benefits; computation and payment of benefits to mortgagee** (1) Any mortgagee under a mortgage insured under section 1715z(i), (j)(4), 1715z–2, or 1715z–8 of this title shall be entitled to receive the benefits of the insurance as provided in [section 1710(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1710/a&num=0&edition=prelim) with respect to mortgages insured under [section 1709 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1709&num=0&edition=prelim). The provisions of subsections (b), (c), (d), (g), (j), and (k) 11 See References in Text note below. of [section 1710 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1710&num=0&edition=prelim) shall be applicable to mortgages insured under section 1715z(i), (j)(4), 1715z–2,1 or 1715z–8 of this title, except that all references therein to the “Mutual Mortgage Insurance Fund” shall be construed to refer to the “Special Risk Insurance Fund”, and all references therein to [section 1709 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1709&num=0&edition=prelim) shall be construed to refer to section 1715z(i), (j)(4), 1715z–2, or 1715z–8 of this title, as may be appropriate. (2) Any mortgagee under a mortgage insured under section 1715z(j)(1) or 1715z–1 of this title shall be entitled to receive the benefits of insurance as provided in [section 1713(g) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1713/g&num=0&edition=prelim) with respect to mortgages insured under [section 1713 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1713&num=0&edi

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1735f–4

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1707 — Omitted

### Statutory Notes #### Codification Section, which placed restrictions on loans, was from the Independent Offices Appropriation Act, 1953, act July 5, 1952, ch. 578, title III, § 301, 66 Stat. 415, and was not repeated in subsequent appropriation acts. #### Similar Provisions Similar provisions were contained in Aug. 31, 1951, ch. 376, title IV, § 401, 65 Stat. 287.

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1472 — Loans for housing and buildings on adequate farms

**(a) Terms of loan** (1) If the Secretary determines that an applicant is eligible for assistance as provided in [section 1471 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1471&num=0&edition=prelim) and that the applicant has the ability to repay in full the sum to be loaned, with interest, giving due consideration to the income and earning capacity of the applicant and his family from the farm and other sources, and the maintenance of a reasonable standard of living for the owner and the occupants of said farm, a loan may be made by the Secretary to said applicant for a period of not to exceed thirty-three years from the making of the loan with interest. The Secretary may accept the personal liability of any person with adequate repayment ability who will cosign the applicant’s note to compensate for any deficiency in the applicant’s repayment ability. At the borrower’s option, the borrower may prepay to the Secretary as escrow agent, on terms and conditions prescribed by him, such taxes, insurance, and other expenses as the Secretary may require in accordance with [section 1471(e) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1471/e&num=0&edition=prelim). (2) The Secretary may extend the period of any loan made under this section if the Secretary determines that such extension is necessary to permit the making of such loan to any person whose income does not exceed 60 per centum of the median income for the area and who would otherwise be denied such loan because the payments required under a shorter period would exceed the financial capacity of such person. The aggregate period for which any loan may be extended under this paragraph may not exceed 5 years. (3) (A) Notwit

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1472

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1701 — Information regarding early defaults and foreclosures on insured mortgages

**(a) In general** The Secretary of Housing and Urban Development shall collect and maintain information regarding early defaults on mortgages as provided under this section. The Secretary shall make such information available for public inspection upon request. Information shall be collected quarterly with respect to each applicable collection period (as such term is defined in subsection (c)) and shall be available for inspection not more than 30 days after the conclusion of the calendar quarter relating to each such period. Information shall first be made available under this section for the applicable collection period relating to the first calendar quarter ending more than 180 days after November 28, 1990. **(b) Contents** (1) **Mortgage lender analysis** — Information collected under this section shall include, for each lender originating mortgages during the applicable collection period that are insured pursuant to [section 1709 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1709&num=0&edition=prelim) and secured by property in a designated census tract, the following information with respect to such mortgages: (A) The name of the lender and the number of each designated census tract in which the lender originated 1 or more such mortgages during the applicable collection period. (B) The total number of such mortgages originated by such lender during the applicable collection period in each designated census tract and the number of mortgages originated each year in each designated census tract. (C) The total number of defaults and foreclosures on such mortgages during the applicable collection period in each designated census tract and the number of defaults and foreclosures in each designated census tract in

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1701

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1437d — Repealed. Aug. 7, 1956, ch. 1029, title IV, § 401(b), 70 Stat. 1103

### Statutory Notes Section, acts July 5, 1952, ch. 578, title I, § 101, 66 Stat. 403; July 31, 1953 ch. 302 title I, § 101, 67 Stat. 307, limited number of housing units to be constructed during fiscal year.

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1437d

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1707 — Definitions

Page 532 TITLE 12—BANKS AND BANKING § 1706f new grants or loans to be made after Oct. 1, 1991, under this section, see section 12839(a)(5), (b)(1) of Title 42, The Public Health and Welfare. § 1706f. Prohibition against kickbacks and un- earned fees (a) In general Except as provided in subsection (b), the provi- sions of sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall apply to each sale of a manufactured home financed with an FHA-in- sured loan or extension of credit, as well as to services rendered in connection with such trans- actions. (b) Authority of the Secretary The Secretary is authorized to determine the manner and extent to which the provisions of sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title may reasonably be applied to the transactions described in subsection (a), and to grant such exemptions as may be necessary to achieve the purposes of this section. (c) Definitions For purposes of this section— (1) the term ‘‘federally related mortgage loan’’ as used in sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall include an FHA-insured loan or extension of credit made to a borrower for the purpose of purchasing a manufactured home that the borrower intends to occupy as a personal residence; and (2) the term ‘‘real estate settlement service’’ as used in sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall include any service rendered in connection with a loan or exten- sion of credit insured by the Federal Housing Administration for the purchase of a manufac- tured home. (d) Unfair and deceptive practices In connection with the purchase of a manufac- tured home financed with a loan or extension of credit insured by the Federal Housing Adminis- tration under this subc

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1707

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1735f — Assistance for troubled multifamily housing projects

**(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.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1735f

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1735f — Water and sewerage facilities

Page 789 TITLE 12—BANKS AND BANKING § 1735f–4 § 1735f. Water and sewerage facilities Notwithstanding any other provision of this chapter, no mortgage which covers new con- struction shall be approved for insurance under this chapter (except pursuant to a commitment made prior to August 10, 1965) if the mortgaged property includes housing which is not served by a public or adequate community water and sew- erage system: Provided, That this limitation shall be applicable only to property which is not served by a system approved by the Secretary pursuant to subchapter IX–A of this chapter, as such subchapter existed immediately before De- cember 15, 1989, and which is situated in an area certified by appropriate local officials to be an area where the establishment of public or ade- quate community water and sewerage systems is economically feasible: Provided further, That for purposes of this section the economic feasibility of establishing such public or adequate commu- nity water and sewerage systems shall be deter- mined without regard to whether such establish- ment is authorized by law or is subject to ap- proval by one or more local governments or pub- lic bodies. (June 27, 1934, ch. 847, title V, § 522, as added Pub. L. 89–117, title II, § 217(a), Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 101–235, title I, § 133(d)(4), Dec. 15, 1989, 103 Stat. 2027.) Editorial Notes REFERENCES IN TEXT Subchapter IX–A of this chapter, referred to in text, was repealed by Pub. L. 101–235, title I, § 133(a), Dec. 15, 1989, 103 Stat. 2027. AMENDMENTS 1989—Pub. L. 101–235 inserted ‘‘, as such subchapter existed immediately before December 15, 1989,’’ after ‘‘subchapter IX–A of this chapter’’. 1967—Pub.

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1735f

Stored review status: historical_2024_not_currentness_verified. The source passage cites 12 U.S.C. § 1735f. This identifies an authority to review, not proof of applicability.