Sec. 427. EXEMPTION
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/statute-compilations/comps-10653/sec-427A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 427 EXEMPTION **[**[42 U.S.C. 12877](/us/usc/t42/s12877)**]** Eligible property covered by a homeownership program approved under this subtitle shall not be subject to— ####
(1)the Low-Income Housing Preservation and Resident Homeownership Act of 1990, or ####
(2)the requirements of section 203 of the Housing and Community Development Amendments of 1978 applicable to the sale of projects either at foreclosure or after acquisition by the Secretary.
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U.S. Code