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Code · STATUTE-COMPILATIONS · American Rescue Plan Act of 2021 · Sec. 3207

Sec. 3207. RELIEF MEASURES FOR SECTION 502 AND 504 DIRECT LOAN BORROWERS

102 words·~1 min read·/statute-compilations/comps-16472/sec-3207

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## SEC. 3207 RELIEF MEASURES FOR SECTION 502 AND 504 DIRECT LOAN BORROWERS ###
(a)Appropriation In addition to amounts otherwise available, there is appropriated to the Secretary of Agriculture (in this section referred to as the “Secretary”) for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $39,000,000, to remain available until September 30, 2023, for direct loans made under sections 502 and 504 of the Housing Act of 1949 (42 U.S.C. 1472, 1474). ###
(b)Administrative Expenses The Secretary may use not more than 3 percent of the amounts appropriated under this section for administrative purposes.
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Sec. 3207
RELIEF MEASURES FOR SECTION 502 AND 504 DIRECT LOAN BORROWERS
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