Sec. 206A. INDEXING OF FHA MULTIFAMILY HOUSING LOAN LIMITS
220 words·~1 min read·
/statute-compilations/comps-10343/sec-206aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 206A INDEXING OF FHA MULTIFAMILY HOUSING LOAN LIMITS **[**[12 U.S.C. 1712a](/us/usc/t12/s1712a)**]** ###
(a)Method of Indexing The dollar amounts set forth in— ####
(1)section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A)); ####
(2)section 213(b)(2)(A) (12 U.S.C. 1715e(b)(2)(A)); ####
(3)section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k(d)(3)(B)(iii)(I)); ####
(4)section 221(d)(3)(ii)(I) (12 U.S.C. 1715l(d)(3)(ii)(I)); ####
(5)section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I)); ####
(6)section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and ####
(7)section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)); (collectively hereinafter referred to as the “Dollar Amounts”) shall be adjusted annually (commencing in 2004) on the effective date of the Federal Reserve Board's adjustment of the $400 figure in the Home Ownership and Equity Protection Act of 1994 (HOEPA). The adjustment of the Dollar Amounts shall be calculated using the percentage change in the Consumer Price Index for All Urban Consumers (CPI–U) as applied by the Federal Reserve Board for purposes of the above-described HOEPA adjustment. ###
(b)Notification The Federal Reserve Board on a timely basis shall notify the Secretary, or his designee, in writing of the adjustment described in subsection
(a)and of the effective date of such adjustment in order to permit the Secretary to undertake publication in the Federal Register of corresponding adjustments to the Dollar Amounts. The dollar amount of any adjustment shall be rounded to the next lower dollar.
Connectionstraces to 7
Traces to 7 documents
U.S. Code
- Indexing of FHA multifamily housing loan limits§ 1712a
- Rental housing insurance§ 1713
- Cooperative housing insurance§ 1715e
- Rehabilitation and neighborhood conservation housing insurance§ 1715k
- Housing for moderate income and displaced families§ 1715l
- Insurance of mortgages for housing for elderly persons§ 1715v
- Mortgage insurance for condominiums§ 1715y
Citation graph
cites case law
Sec. 206A
INDEXING OF FHA MULTIFAMILY HOUSING LOAN LIMITS
Cites 7Cited by 0 across 0 sources