Sec. 1806. Notwithstanding sections 1101 and 1104, the level for “

216 words·~1 min read·/statute-compilations/comps-12453/sec-1806

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## SEC. 1806 Notwithstanding sections 1101 and 1104, the level for “ Department of Housing and Urban Development, Public and Indian Housing, Indian Housing Loan Guarantee Fund Program Account ” shall be $12,200,000: Provided, the second proviso under such heading in division C of Public Law 112-55 shall be applied to funds appropriated by this division by substituting “ $976,000,000 ” for “ $360,000,000 ”; Provided further, section 184(d) of the Housing and Community Development Act of 1992 is amended to read as follows: > > ### “(d) Guarantee Fee > > The Secretary shall establish and collect, at the time of issuance of the guarantee, a fee for the guarantee of loans under this section, in an amount not exceeding 3 percent of the principal obligation of the loan.

The Secretary may also establish and collect annual premium payments in an amount not exceeding 1 percent of the remaining guaranteed balance (excluding the portion of the remaining balance attributable to the fee collected at the time of issuance of the guarantee). The Secretary shall establish the amount of the fees and premiums by publishing a notice in the Federal Register. The Secretary shall deposit any fees and premiums collected under this subsection in the Indian Housing Loan Guarantee Fund established under subsection (i).” > .

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Pub. L. 112-55

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Sec. 1806

Notwithstanding sections 1101 and 1104, the level for “

Pub. L.Pub. L. 112-55

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