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12 U.S.C. § 1701c — Secretary of Housing and Urban Devel-
Federal law — U.S. Code and appendices · legal_authorities
Page 430
TITLE 12—BANKS AND BANKING
§ 1701b
1 So in original. Probably should refer to the Federal Housing
Finance Agency.
CODIFICATION
Section was enacted as part of the National Housing
Act Amendments of 1938, and not as part of the Na-
tional Housing Act which comprises this chapter.
§ 1701b. Short title of amendment of 1942
The Act of May 26, 1942, ch. 319, 56 Stat. 301,
may be cited as the ‘‘National Housing Act
Amendments of 1942’’.
(May 26, 1942, ch. 319, § 15, 56 Stat. 305.)
Editorial Notes
REFERENCES IN TEXT
The National Housing Act Amendments of 1942, re-
ferred to in text, enacted section 1743 of this title,
amended heading of subchapter VI of this chapter [pre-
ceding section 1736 of this title], amended sections 1703,
1715c, 1737, 1738, 1739, and 1740 of this title, and enacted
provisions set out as a note under section 1743 of this
title.
CODIFICATION
Section was enacted as part of the National Housing
Act Amendments of 1942, and not as part of the Na-
tional Housing Act which comprises this chapter.
§ 1701c. Secretary of Housing and Urban Devel-
opment
In carrying out his functions, powers, and du-
ties—
(a) Employment of personnel; delegation of func-
tions
The Secretary of Housing and Urban Develop-
ment may appoint such officers and employees
as he may find necessary, which appointments
shall be subject to the civil-service laws and
chapter 51 and subchapter III of chapter 53 of
title 5. The Secretary may make such expendi-
tures as may be necessary to carry out his func-
tions, powers, and duties, and there are author-
ized to be appropriated to the Secretary, out of
any moneys in the Treasury not otherwise ap-
propriated, such sums as may be necessary to
carry out such functions, powers, and duties and
for administrative e
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Page 430
TITLE 12—BANKS AND BANKING
§ 1701b
1 So in original. Probably should refer to the Federal Housing
Finance Agency.
CODIFICATION
Section was enacted as part of the National Housing
Act Amendments of 1938, and not as part of the Na-
tional Housing Act which comprises this chapter.
§ 1701b. Short title of amendment of 1942
The Act of May 26, 1942, ch. 319, 56 Stat. 301,
may be cited as the ‘‘National Housing Act
Amendments of 1942’’.
(May 26, 1942, ch. 319, § 15, 56 Stat. 305.)
Editorial Notes
REFERENCES IN TEXT
The National Housing Act Amendments of 1942, re-
ferred to in text, enacted section 1743 of this title,
amended heading of subchapter VI of this chapter [pre-
ceding section 1736 of this title], amended sections 1703,
1715c, 1737, 1738, 1739, and 1740 of this title, and enacted
provisions set out as a note under section 1743 of this
title.
CODIFICATION
Section was enacted as part of the National Housing
Act Amendments of 1942, and not as part of the Na-
tional Housing Act which comprises this chapter.
§ 1701c. Secretary of Housing and Urban Devel-
opment
In carrying out his functions, powers, and du-
ties—
(a) Employment of personnel; delegation of func-
tions
The Secretary of Housing and Urban Develop-
ment may appoint such officers and employees
as he may find necessary, which appointments
shall be subject to the civil-service laws and
chapter 51 and subchapter III of chapter 53 of
title 5. The Secretary may make such expendi-
tures as may be necessary to carry out his func-
tions, powers, and duties, and there are author-
ized to be appropriated to the Secretary, out of
any moneys in the Treasury not otherwise ap-
propriated, such sums as may be necessary to
carry out such functions, powers, and duties and
for administrative expenses in connection there-
with. The Secretary, without in any way reliev-
ing himself from final responsibility, may dele-
gate any of his functions and powers to such of-
ficers, agents, or employees as he may des-
ignate, may authorize such successive redelega-
tions of such functions and powers, as he may
deem desirable, and may make such rules and
regulations as may be necessary to carry out his
functions, powers, and duties.
(b) Omitted
(c) Additional powers and duties of Secretary
and Federal Home Loan Bank Board
The Secretary of Housing and Urban Develop-
ment, the Comptroller of the Currency, and the
Federal Deposit Insurance Corporation, respec-
tively, may, in addition to and not in derogation
of any powers and authorities conferred else-
where in this Act—
(1) with the consent of the agency or organi-
zation concerned, accept and utilize equip-
ment, facilities, or the services of employees
of any Federal, State, or local public agency
or instrumentality, educational institution, or
nonprofit agency or organization and, in con-
nection with the utilization of such services,
may make payments for transportation while
away from their homes or regular places of
business and per diem in lieu of subsistence en
route and at place of such service, in accord-
ance with the provisions of section 5703 of title
5;
(2) utilize, contract with and act through,
without regard to section 6101 of title 41, any
Federal, State, or local public agency or in-
strumentality,
educational
institution,
or
non-profit agency or organization with the
consent of the agency or organization con-
cerned, and any funds available to said officers
for carrying out their respective functions,
powers, and duties shall be available to reim-
burse or pay any such agency or organization;
and, whenever in the judgment of any such of-
ficer
necessary,
he
may
make
advance,
progress, or other payments with respect to
such contracts without regard to the provi-
sions of subsections (a) and (b) of section 3324
of title 31; and
(3) make expenditures for all necessary ex-
penses, including preparation, mounting, ship-
ping, and installation of exhibits; purchase
and exchange of technical apparatus; and such
other expenses as may, from time to time, be
found necessary in carrying out their respec-
tive functions, powers, and duties: Provided,
That funds made available for administrative
expenses in carrying out the functions, pow-
ers, and duties imposed upon the Secretary of
Housing and Urban Development and the Fed-
eral Home Loan Bank Agency,1 respectively,
by or pursuant to law may at their option be
consolidated into a single administrative ex-
pense fund accounts of such officer or agency
for expenditure by them, respectively, in ac-
cordance with the provisions hereof.
(d) Use of funds for library memberships
The Secretary of Housing and Urban Develop-
ment may utilize funds made available to him
for salaries and expenses for payment in advance
for dues or fees for library memberships in orga-
nizations (or for membership of the individual
librarians in organizations which will not accept
library membership) whose publications are
available to members only, or to members at a
price lower than to the general public, and for
payment in advance for publications available
only upon that basis or available at a reduced
price on prepublication order.
(Aug. 10, 1948, ch. 832, title V, § 502, 62 Stat. 1283;
Oct. 28, 1949, ch. 782, title XI, § 1106(a), 63 Stat.
972; Apr. 20, 1950, ch. 94, title V, § 503, 64 Stat. 80;
Pub. L. 87–70, title IX, § 909, June 30, 1961, 75
Stat. 192; Pub. L. 90–19, § 5(d)(1)–(3), (8)–(13), May
25, 1967, 81 Stat. 21; Pub. L. 98–479, title II,
§§ 202(b), 203(c), Oct. 17, 1984, 98 Stat. 2228, 2229;
Pub. L. 100–242, title V, § 570(a)(1), (3), Feb. 5,
1988, 101 Stat. 1949, 1950; Pub. L. 101–73, title III,
§ 306, Aug. 9, 1989, 103 Stat. 352; Pub. L. 111–203,
title III, § 370, July 21, 2010, 124 Stat. 1565.)
Page 431
TITLE 12—BANKS AND BANKING
§ 1701c–1
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in subsec. (c), is act Aug. 10,
1948, ch. 832, 62 Stat. 1268, known as the Housing Act of
1948. For complete classification of this Act to the
Code, see Short Title of 1948 Amendments note set out
under section 1701 of this title and Tables.
CODIFICATION
In subsec. (c)(2), ‘‘section 6101 of title 41’’ substituted
for ‘‘section 3709 of the Revised Statutes’’ on authority
of Pub. L. 111–350, § 6(c), Jan. 4, 2011, 124 Stat. 3854,
which Act enacted Title 41, Public Contracts.
Subsec. (b) of section 502 of act Aug. 10, 1948, is set
out as section 1404a of Title 42, The Public Health and
Welfare.
Section was enacted as part of the Housing Act of
1948, and not as part of the National Housing Act which
comprises this chapter.
AMENDMENTS
2010—Subsec. (c). Pub. L. 111–203, § 370(1), substituted
‘‘, the Comptroller of the Currency, and the Federal
Deposit Insurance Corporation’’ for ‘‘and the Director
of the Office of Thrift Supervision’’ in introductory
provisions.
Subsec. (c)(3). Pub. L. 111–203, § 370(2), substituted
‘‘Agency’’ for ‘‘Board’’.
1989—Subsec. (c). Pub. L. 101–73, § 306(a), which di-
rected the substitution of ‘‘Director of the Office of
Thrift Supervision’’ for ‘‘Federal Home Loan Bank
Board (which term as used in this section shall also in-
clude and refer to the Federal Savings and Loan Insur-
ance Corporation, the Home Owners Loan Corporation,
and the Chairman of the Federal Home Loan Bank
Board)’’, was executed as directed, except that ‘‘Home
Owners’ ’’ rather than ‘‘Home Owners’’ appeared in the
original in the language struck out.
Subsec. (c)(1). Pub. L. 101–73, § 306(b), substituted ‘‘of
any Federal, State, or local’’ for ‘‘of any State or
local’’.
1988—Subsec. (a). Pub. L. 100–242, § 570(a)(1), struck
out ‘‘The Secretary of Commerce or his designee shall
hereafter be included in the membership of the Na-
tional Housing Council.’’
Subsec. (c)(2). Pub. L. 100–242, § 570(a)(3), inserted
‘‘and’’ at end.
1984—Subsec. (a). Pub. L. 98–479, § 202(b)(1), sub-
stituted ‘‘chapter 51 and subchapter III of chapter 53 of
title 5’’ for ‘‘the Classification Act of 1949, as amend-
ed’’.
Subsec. (c)(1). Pub. L. 98–479, § 202(b)(2), substituted
‘‘section 5703 of title 5’’ for ‘‘5 U.S.C. 73b–2’’.
Subsec. (c)(2). Pub. L. 98–479, § 203(c), substituted
‘‘subsections (a) and (b) of section 3324 of title 31’’ for
‘‘section 3648 of the Revised Statutes [31 U.S.C. 529]’’.
1967—Subsec. (a). Pub. L. 90–19, § 5(d)(1)–(3), sub-
stituted ‘‘Secretary of Housing and Urban Develop-
ment’’ for ‘‘Housing and Home Finance Administrator’’
and ‘‘Secretary’’ for ‘‘Administrator’’ wherever appear-
ing, and struck out provision for preparation of official
seal and judicial notice thereof.
Subsec. (c). Pub. L. 90–19, § 5(d)(8), (9), substituted
‘‘Secretary of Housing and Urban Development and the
Federal Home Loan Bank Board’’ for ‘‘Housing and
Home Finance Administrator, the Home Loan Bank
Board’’ where it first appears and ‘‘Federal Home Loan
Bank Board’’ for ‘‘Home Loan Bank Board, the Federal
Housing Commissioner, and the Public Housing Com-
missioner’’.
Subsec. (c)(3). Pub. L. 90–19, § 5(d)(10), (11), substituted
‘‘Secretary of Housing and Urban Development and the
Federal Home Loan Bank Board’’ and ‘‘such officer or
agency’’ for ‘‘Housing and Home Finance Adminis-
trator, the Home Loan Bank Board, the Federal Hous-
ing Commissioner, and the Public Housing Commis-
sioner’’ and ‘‘said officers or agencies’’.
Subsec. (d). Pub. L. 90–19, § 5(d)(12), (13), substituted
‘‘Secretary of Housing and Urban Development may
utilize funds made available to him’’ for ‘‘Housing and
Home Finance Administrator, the Federal Housing
Commissioner and the Public Housing Commissioner,
respectively, may utilize funds made available to
them’’ and struck out ‘‘of the respective agencies’’
after ‘‘librarians’’.
1961—Subsec. (c)(3). Pub. L. 87–70, § 909(1), struck out
provisions which made section 5 of title 41 inapplicable
to any purchase or contract by officers (or their agen-
cies) for services or supplies if the amount thereof does
not exceed $300.
Subsec. (d). Pub. L. 87–70, § 909(2), added subsec. (d).
1950—Act Apr. 20, 1950, amended third sentence of sub-
sec. (a) to authorize the Administrator to permit re-
delegation of functions and powers which he had dele-
gated previously to officers, agents, and employees but
this does not relieve him of any final responsibility,
and inserted ‘‘or pay’’ after ‘‘reimburse’’ in subsec.
(c)(2).
1949—Subsec. (a). Act Oct. 28, 1949, substituted ‘‘Clas-
sification Act of 1949’’ for ‘‘Classification Act of 1923’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2010 AMENDMENT
Amendment by Pub. L. 111–203 effective on the trans-
fer date, see section 351 of Pub. L. 111–203, set out as a
note under section 906 of Title 2, The Congress.
REPEALS
Act Oct. 28, 1949, ch. 782, cited as a credit to this sec-
tion, was repealed (subject to a savings clause) by Pub.
L. 89–554, Sept. 6, 1966, § 8, 80 Stat. 632, 655.
TRANSFER OF FUNCTIONS
Federal Home Loan Bank Board abolished and func-
tions transferred, see sections 401 to 406 of Pub. L.
101–73, set out as a note under section 1437 of this title.
ANNUAL REPORT
ON AREAS
OF PROGRAM ADMINISTRA-
TION
AND
MANAGEMENT
WHICH
REQUIRE
IMPROVE-
MENT
Pub. L. 90–448, § 5, Aug. 1, 1968, 82 Stat. 477, as amend-
ed by Pub. L. 91–609, title IX, § 918, Dec. 31, 1970, 84 Stat.
1816, directed Secretary to report annually to Commit-
tees on Banking and Currency of House and Senate,
identifying specific areas of program administration
and management which require improvement, describ-
ing actions taken and proposed, and recommendations
for legislation, prior to repeal by Pub. L. 93–608, § 1(9),
Jan. 2, 1975, 88 Stat. 1968.
Executive Documents
EXECUTIVE ORDER NO. 11196
Ex. Ord. No. 11196, Feb. 2, 1965, 30 F.R. 1171, which del-
egated functions to Housing and Home Finance Admin-
istrator, was revoked by Ex. Ord. No. 12553, Feb. 25,
1986, 51 F.R. 7237.
EMERGENCY PREPAREDNESS FUNCTIONS
For assignment of certain emergency preparedness
functions to Secretary of Housing and Urban Develop-
ment, see Parts 1, 2, and 9 of Ex. Ord. No. 12656, Nov. 18,
1988, 53 F.R. 47491, set out as a note under section 5195
of Title 42, The Public Health and Welfare.
§ 1701c–1. Omitted
Editorial Notes
CODIFICATION
Section, act June 24, 1954, ch. 359, title I, § 101, 68 Stat.
283, provided for promotion of economy, efficiency and
fidelity in operations of Housing and Home Finance
Agency by its Administrator, on and after June 24, 1954,
under Reorg. Plan No. 3 of 1947, eff. July 27, 1947, 12 F.R.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** For the purposes of this section—
(1) The term “mortgage” means a mortgage which (A) is 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.], or (B) secures a home loan guaranteed or insured under the Servicemen’s Readjustment Act of 1944 or chapter 37 of title 38.
(2) The term “Federal mortgage agency” means—
(A) The Secretary of Housing and Urban Development when used in connection with mortgages insured under the National Housing Act, and
(B) the Secretary of Veterans Affairs when used in connection with mortgages securing home loans guaranteed or insured under the Servicemen’s Readjustment Act of 1944 or chapter 37 of title 38.
(3) The term “distressed mortgagor” means an individual who—
(A) was employed by the Federal Government at, or was assigned as a serviceman to, a military base or other Federal installation and whose employment or service at such base or installation was terminated subsequent to November 1, 1964, as the result of the closing (in whole or in part) of such base or installation; and
(B) is the owner-occupant of a dwelling situated at or near such base or installation and upon which there is a mortgage securing a loan which is in default because of the inability of such individual to make payments due under such mortgage.
**(b) Application for, issuance and expiration of certificate of moratorium**
(1) Any distressed mortgagor, for the purpose of avoiding foreclosure of his mortgage, may apply to the appropriate Federal mortgage agency for a determination that suspension of his obligation to make payments due under such mortgage during a temporary period is necessary in order to avoid such forecl
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