2017 US Code
Title 42 - The Public Health and Welfare
Chapter 130 - National Affordable Housing
Subchapter IV - Hope for Homeownership of Multifamily and Single Family Homes
Part A - Hope for Homeownership of Multifamily Units
Sec. 12877 - Exemption

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Citation 42 U.S.C. § 12877 (2017)
Section Name §12877. Exemption
Section Text

Eligible property covered by a homeownership program approved under this part shall not be subject to—

(1) the Low-Income Housing Preservation and Resident Homeownership Act of 1990 [12 U.S.C. 4101 et seq.], or

(2) the requirements of section 1701z–11 of title 12 applicable to the sale of projects either at foreclosure or after acquisition by the Secretary.

Source Credit

(Pub. L. 101–625, title IV, §427, Nov. 28, 1990, 104 Stat. 4171.)

Editorial Notes REFERENCES IN TEXT

The Low-Income Housing Preservation and Resident Homeownership Act of 1990, referred to in par. (1), is title II of Pub. L. 100–242, as amended by Pub. L. 101–625, title VI, §601(a), Nov. 28, 1990, 104 Stat. 4249, which is classified principally to chapter 42 (§4101 et seq.) of Title 12, Banks and Banking. For complete classification of this Act to the Code, see Short Title note set out under section 4101 of Title 12 and Tables.

Publication Title United States Code, 2012 Edition, Supplement 5, Title 42 - THE PUBLIC HEALTH AND WELFARE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 130 - NATIONAL AFFORDABLE HOUSING
SUBCHAPTER IV - HOPE FOR HOMEOWNERSHIP OF MULTIFAMILY AND SINGLE FAMILY HOMES
Part A - HOPE for Homeownership of Multifamily Units
Sec. 12877 - Exemption
Contains section 12877
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 104 Stat. 4171, 4249
Public Law References Public Law 100-242, Public Law 101-625
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