2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 42 - Low-Income Housing Preservation and Resident Homeownership (Sections 4101 - 4147)
Table of Contents

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Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 42 - LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP
- Table Of Contents
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard

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SUBCHAPTER I—PREPAYMENT OF MORTGAGES INSURED UNDER NATIONAL HOUSING ACT
Sec.
4101.General prepayment limitation.
4102.Notice of intent.
4103.Appraisal and preservation value of eligible low-income housing.
4104.Annual authorized return and preservation rents.
4105.Federal cost limits and limitations on plans of action.
4106.Information from Secretary.
4107.Plan of action.
4108.Prepayment and voluntary termination.
4109.Incentives to extend low-income use.
4110.Incentives for transfer to qualified purchasers.
4111.Mandatory sale for housing exceeding Federal cost limits.
4112.Criteria for approval of plan of action involving incentives.
4113.Assistance for displaced tenants.
4114.Permissible prepayment or voluntary termination and modification of commitments.
4115.Timetable for approval of plan of action.
4116.Resident homeownership program.
4117.Delegated responsibility to State agencies.
4118.Consultations with other interested parties.
4119.Definitions.
4120.Notice to tenants.
4121.Definitions of qualified and priority purchaser and related party rule.
4122.Preemption of State and local laws.
4123.Severability.
4124.Authorization of appropriations.
4125.State preservation project assistance.

        

SUBCHAPTER II—TECHNICAL ASSISTANCE AND CAPACITY BUILDING
4141.Authority.
4142.Purposes.
4143.Grants for building resident capacity and funding predevelopment costs.
4144.Grants for other purposes.
4145.Delivery of assistance through intermediaries.
4146.Definitions.
4147.Funding.

        

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