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42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 1437z2

Public housing mortgages and security interests

Ch. 8 — LOW-INCOME HOUSING
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 8
Statutory Text

42 U.S.C. § 1437z2 — Public housing mortgages and security interests

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 8 - LOW-INCOME HOUSING SUBCHAPTER I - GENERAL PROGRAM OF ASSISTED HOUSING Sec. 1437z-2 - Public housing mortgages and security interests From the U.S. Government Publishing Office, www.gpo.gov

§1437z–2. Public housing mortgages and security interests

(a) General authorization The Secretary may, upon such terms and conditions as the Secretary may prescribe, authorize a public housing agency to mortgage or otherwise grant a security interest in any public housing project or other property of the public housing agency. (b) Terms and conditions In making any authorization under subsection (a), the Secretary may consider— (1) the ability of the public housing agency to use the proceeds of the mortgage or security interest for low-income housing uses; (2) the ability of the public housing agency to make payments on the mortgage or security interest; and (3) such other criteria as the Secretary may specify. (c) No Federal liability No action taken under this section shall result in any liability to the Federal Government.

(Sept. 1, 1937, ch. 896, title I, §30, as added Pub. L. 105–276, title V, §516, Oct. 21, 1998, 112 Stat. 2550.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective and applicable beginning upon Oct. 1, 1999, except as otherwise provided, with provision that Secretary may implement section before such date except to extent otherwise provided, see section 503 of Pub. L. 105–276, set out as an Effective Date of 1998 Amendment note under section 1437 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC42-SEC-4C443E
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
42 U.S.C. § 1437z2
Jurisdiction
Federal — United States
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Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
1e2d1d244ca007ba...
Semantic Edges
Pending — corpus passes queued
The statutory text of 42 U.S.C. § 1437z2 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 42 U.S.C. § 1437z1 42 U.S.C. § 1437z3 →
Ch. 8 — LOW-INCOME HOUSING
42 U.S.C. § 140142 U.S.C. § 1404a42 U.S.C. § 140542 U.S.C. § 1406a42 U.S.C. § 1406b42 U.S.C. § 1406c42 U.S.C. § 1411b42 U.S.C. § 1411c42 U.S.C. § 1411d42 U.S.C. § 141242 U.S.C. § 141742 U.S.C. § 1417a42 U.S.C. § 142342 U.S.C. § 142742 U.S.C. § 143242 U.S.C. § 143342 U.S.C. § 143442 U.S.C. § 143542 U.S.C. § 143642 U.S.C. § 1436a42 U.S.C. § 1436b42 U.S.C. § 1436c42 U.S.C. § 1436d42 U.S.C. § 143742 U.S.C. § 1437a42 U.S.C. § 1437a142 U.S.C. § 1437b42 U.S.C. § 1437c42 U.S.C. § 1437c142 U.S.C. § 1437d
42 U.S.C. — public domain ← All Legislation
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